New type of fraud on forum

[xenon131]

del

[Bitcoinnation]

I have seen a number of accounts being red tagged because of promoting scam ICOs and their bounties.
Even reputable bounty managers who have been promoting these scam projects have been Red tagged for not doing due diligence. Thanks to some great community members like Coolcryptovator and ICOEthics who are doing the work of exposing the scam projects in the Scam Accusations board.
If we have more members like this... scam will be reduced to a minimal level... The ball is in our hands as a community to be vigilant and report any kind of scam we spot. The mods will do the job of red tagging them.

[Onuohakk]

Firstly it's so easy to just click on a member name and copy his profile link and use it to register for airdrop but you can't do that for signature bounty expect the individual is also on that bounty and actively wearing the signature. Well there is hardly anything the forum can do to prevent some one from accessing any link. But the culprit Cup can run full and get caught probably on the spreadsheet of the project and would get their deserved punishment. And also it very rear to see a reputable member wearing a bounty signature( if they do it's well organised)

[Gloverwrt]

Do the scammers have access to those accounts?
Are the legitimate users of those accounts still active on the forum?

The moderators can lock those accounts if the users are no longer active on the forum and whenever they come back online they can request to have their accounts opened with substantial proof of ownership.

[3acaga]

the problem that you described is to look at the direct responsibility of the bounty campaign managers and participants, and if the manager is negligent about his duties, he should be painted in red of trust.
PS, forum moderators have nothing to do with it.

[DdmrDdmr]

I wouldn’t call this kind of practice new on the forum. Be it bounty related or airdropped related, there are multiple cases that have been made public such as there:

Bounty hunter using my Bitcointalk username and profile link.
Dear bounty manager, please help me to report cheater using my bitcointalk user.
Bitcointalk Members Using My Credentials To Participated In Bounty.
I ask the moderators for help with IDENTITY SUPPLY in the forum.
Protect Your Forum Accounts from Unknown Bounty Participation!.
using different telegram username.

It’s probably pretty easy to get away with it, since people don’t go around checking in the bounty control sheets if their Bitcointalk account related details are being used, and the campaign manager is likely not going to know even if he goes into the profiles.

[The Sceptical Chymist]

I apologize for my ignorance, but I've never participated in an airdrop and I'm not sure exactly what's required to do so.

Can someone explain to me like I'm 5 years old how this new type of fraud works?  A link to an older account member's profile is given to the "airdrop manager" and thus the fraudster gets more airdropped shit-tokens how?  By using different ETH addresses but lying about who the account owner is?  Is that basically it?

Edit:

<snip>

Ah, you must've posted this while I was writing my post.  I'll have a look at those links and see if I can figure out what these idiots are doing.

[marlboroza]

I apologize for my ignorance, but I've never participated in an airdrop and I'm not sure exactly what's required to do so.

You need to provide them your email/social media/sometimes KYC/sometimes money/etc and then they send you "free" worthless tokens which you probably won't be able to sell.

I'll have a look at those links and see if I can figure out what these idiots are doing.

Don't waste time on them, most of these accounts are bots or newbie accounts and you won't accomplish anything, once tagged/banned they will simple move to new account to do the same thing over and over again.

[Mr.Ease]

A wave of fraud is spreading across the forum i.e. links to reputable accounts  are being given to airdrop campaign by fake owners of those accounts.

This tendency is consistent among  low and lower middle-rank users who wanna increase their airdropped  freebie.

How those fraudsters can be spotted?

What about suggestion to ban those fraudsters (if they are identified) meant to deter future illicit references to  accounts they do not posses?

Yup I have noticed this too. The airdrops are quite small amounts so I'm not too concerned, but I have noticed some trying to use my account for article bounties... And the manager ends up paying me instead  

I have also noticed scammers trying to re-sign up on my signature campaigns, but then inputting their payout address and failing.


I would suggest that airdrops require that the user have the payout address located on their BCT profile.

Simply put - Anyone can sign me up for an airdrop... But I get paid for it  

[Hivalley]

Airdrops sucks every ounce of blood from your fingers and pays you back with as little that could cover up for the time and energy..

It's almost impossible to crosscheck who uses who's profile link, but they hardly ever get anything from it, so it's really not worth the stress

[SoiledDove]

If fraudsters are using the forum, then banning should be compulsory once they are unmasked. It's only right and fair. But if there's any doubt, give the benefit. We don't want to hurt someone genuine.

[The Sceptical Chymist]

Don't waste time on them, most of these accounts are bots or newbie accounts and you won't accomplish anything, once tagged/banned they will simple move to new account to do the same thing over and over again.

No, I wasn't going to look at the links hunting for members to give red trust to, but to see examples of what's happening.  Anyway it doesn't surprise me that people are doing this for what I imagine are extremely small rewards.  These members would be better off just claiming from faucets than wasting their time getting worthless tokens airdropped to them.

Or am I mistaken about the value of these airdropped tokens?  Assuming you get what you signed up for, can you actually sell the tokens for a decent amount or what?  How much is the average airdrop worth?  As I said, I've never participated in one of them but I know they're extremely popular, but my understanding has always been that the tokens are essentially garbage.

[TheUltraElite]

No, I wasn't going to look at the links hunting for members to give red trust to, but to see examples of what's happening.  Anyway it doesn't surprise me that people are doing this for what I imagine are extremely small rewards.  These members would be better off just claiming from faucets than wasting their time getting worthless tokens airdropped to them.

True, what was dust from faucets has become shittoken shitdrops.

Or am I mistaken about the value of these airdropped tokens?  

Again this is a matter of debate. Most of the airdropped coins are worthless but again there have been projects like STKtoken and Viuly which on not being able to reach soft cap decided to do a airdrop of their tokens to all ethereum holders (at a certain ratio). These projects are legit and their tokens will grow in value in future (AFAIC).

Assuming you get what you signed up for, can you actually sell the tokens for a decent amount or what?  How much is the average airdrop worth?  As I said, I've never participated in one of them but I know they're extremely popular, but my understanding has always been that the tokens are essentially garbage.

However, the one collected by shitposting spammer newbies are those that would never actually grow in value. Thats technically inciting their greed to make them claim those tokens with a promise of growth in value of the coin in return of their personal information.
My unbiased answer to this topic is this : In people are not going to do their own research and put in their personal info into airdrop claiming google sheets then they are becoming a prey of their own ignorance. They dont need a babysitter to teach them that.

Hacked accounts are tag-worthy. We cant moderate all types of scams here on our own if the forum administration does not want to.

[Mr.Ease]

Simply put - Anyone can sign me up for an airdrop... But I get paid for it  

I would not be so  reckless as the above scheme can be easily extended to accuse any reputable account say in compromising merit system. Consequences of such accusation to the fate  of that account  are well known.

I don't quite understand how I could fall victim to what your saying...
Actually, I'm not actually sure what your trying to say... Compromise merit system? How?

Merit is technically worthless to me... I need 489 to level up. At my current rate of 0.5/month, I'll need some 81 years to accomplish this goal.

and if your going to take a snip of a comment, at least use the line above so that it all stays in context  

[LoyceV]

Or am I mistaken about the value of these airdropped tokens?

I've seen amounts of thousands of dollars per month for just spamming Facebook, Twitter and this forum. But I'm pretty sure those "golden days" for ICO spammers are over now.

When I joined the Byteball and Stellar Lumens airdrops, they paid quite decent amounts of exchange traded altcoins based on your Bitcoin holdings. I missed out on the much bigger airdrops before those, I've seen one that would have been worth $300k after holding for a few years.
The current Token spammers are hoping to relive those golden days, and although the majority turns to dust, it is still possible for a few to shoot up in value.

[jeromix]

A wave of fraud is spreading across the forum i.e. links to reputable accounts  are being given to airdrop campaign by fake owners of those accounts.

This tendency is consistent among  low and lower middle-rank users who wanna increase their airdropped  freebie.

How those fraudsters can be spotted?

What about suggestion to ban those fraudsters (if they are identified) meant to deter future illicit references to  accounts they do not posses?

A red trust will do on those accounts that are doing fraud. This will simplify our distinction between a fraud users. Just call or PM a DT here in the forum to check allegations and then giving them feed back or red trust is enough for them to be identified. Probably in the near future they will be banned but for now, plagiarism is the common reason for a member to ban.

[CryptopreneurBrainboss]

Solution to problem, before any airdrop/bounty (twitter, Facebook etc) participant is been paid, proof of authentication should be performed from the account of participants. (I believe many airdrop/bounty campaigns are already doing this). Secondly the address feature should be utilized. This will reduced the level of the fraud, payment address should be gotten from participants profile and not through Google form. whether it's btc or eth or any other address.