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Author Topic: Scam ICO Threatens To Sue Us  (Read 242 times)
Cyberczar (OP)
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December 08, 2018, 09:29:25 PM
 #1

We are building this site that we plan to use in exposing all kinds of scams including Scam ICOs. Incidentally one of the scams we have reviewed is threatening to sue because of this post https://cryptoinfowatch.com/ico-scams-seem-not-abating-as-seen-with-xeonbit-another-cryptocurrency-scam/ Now I wonder how they plan to so that. Do you think we should get a lawyer in readiness for that?

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The Sceptical Chymist
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December 08, 2018, 09:38:20 PM
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People threaten to sue all the time, and it's hard to give you any real advice without knowing exactly what they told you, i.e., how they threatened to sue you.  They could just be barking as loud as they can and it could be empty, or they really could do it.  Who knows?  I'd say until you get a letter from a lawyer--a cease-and-desist letter--you can probably breathe easy in the meantime.

If you already have a lawyer or know one, it wouldn't be a bad idea to consult him/her if you can do it for free.  I'm not trying to give you legal advice here, but I wouldn't pay for a lawyer's services just yet.  The best strategy would be to see what the other party is going to do first.

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Cyberczar (OP)
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December 08, 2018, 09:48:10 PM
 #3

Here's their email:

Here's their email:

From: Richard D. <contact@xeonbit.com>
Subject: About remove untrue and false information post [sic]


Dear Sir/Madam,

We would like to request to remove incorrect article from your website [sic]:

https://cryptoinfowatch.com/ico-scams-seem-not-abating-as-seen-with-xeonbit-another-cryptocurrency-scam/

Base[sic] on the US law and DMCA, we need your response and action asap about this matter.
If you need any information to verify please dont hesitate to contact us.

Thanks,


I assume that's a veiled threat.

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December 08, 2018, 09:53:39 PM
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Base[sic] on the US law and DMCA, we need your response and action asap about this matter.
They made similar post in scam accusation thread https://bitcointalk.org/index.php?topic=5067755.msg47896270#msg47896270
Even if they sue you, which I doubt it will happen, they will have very hard time to explain why they removed their fake team after being exposed. I don't know much about US laws but there has to be law which includes lying to investors.

Anyway, tell them to create videos of previous fake team and new team and upload them to youtube, that usually pisses them Smiley
ICOEthics
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December 08, 2018, 10:00:50 PM
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 #5



We receive threats like this all the time.

Our typical response is:  " Bring it on, pick a nice picture on Shutterstock of your lawyer, and dont forget to photoshop a nice suit for him/her"



And there are many other articles out there calling them a scam.. You are not the only one.

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☶ Browse ICO Scams List〚!〛Save your crypto from scammers〚!〛Submit a possible ICO scam ✎
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December 08, 2018, 10:27:03 PM
 #6

We are building this site that we plan to use in exposing all kinds of scams including Scam ICOs. Incidentally one of the scams we have reviewed is threatening to sue because of this post https://cryptoinfowatch.com/ico-scams-seem-not-abating-as-seen-with-xeonbit-another-cryptocurrency-scam/ Now I wonder how they plan to so that. Do you think we should get a lawyer in readiness for that?

It comes with the "scam buster" territory.
I've been threatened a few times with "legal action" and worse, most notably by one of the biggest scammers of 2016 (he certainly had enough [of other people's] money) to do so, if there was any reasonable chance of it succeeding. But he didn't.



OP, your trust is a bit of a dent to your credibility.
 I don't particularly want to inspire a big self justification reply from you, (I certainly hold the ICO support services industry as culpable as the actual scammers for enabling them) but this was pretty dumb.....


Extraordinary Claims require Extraordinary Evidence
Cyberczar (OP)
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December 08, 2018, 10:49:11 PM
Last edit: October 10, 2020, 01:42:56 PM by Cyberczar
 #7

We are building this site that we plan to use in exposing all kinds of scams including Scam ICOs. Incidentally one of the scams we have reviewed is threatening to sue because of this post -scam/ Now I wonder how they plan to so that. Do you think we should get a lawyer in readiness for that?

It comes with the "scam buster" territory.
I've been threatened a few times with "legal action" and worse, most notably by one of the biggest scammers of 2016 (he certainly had enough [of other people's] money) to do so, if there was any reasonable chance of it succeeding. But he didn't.



OP, your trust is a bit of a dent to your credibility.
 I don't particularly want to inspire a big self justification reply from you, (I certainly hold the ICO support services industry as culpable as the actual scammers for enabling them) but this was pretty dumb.....


tmpf, as a legendary member, I expected you to know that the trust system does not necessarily represent an individual's values, unless you can prove a person is a scammer or dishonest a negative tag doesn't mean anything much when you realize how people easily tag new members who are not really aware of the rules or that what they were asking for or agreeing to was unethical.

Tagging a new member for responding innocuosly to a misleading ad doesn't mean anything, rather it diminishes the value of the trust system. I proudly wear the tag because I long realized that the trust system is not a representive of individual values and actually no longer regard it the way I did when I first joined the forum and got tagged weeks after responding to an ad i didn't know was a bait.

Having said that, I hope that as a legendary, you realize that I relate with everyone tag or no tag knowing that there are people with tags with more noble characters than those without it as long as the reason isn't for scamming or attempting to scam people. That is why I even give jobs to people without looking at trust system which I think is largely abused especially towards new members.

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December 08, 2018, 11:11:35 PM
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<I don't particularly want to inspire a big self justification reply from you, but post one anyway>

Bullshit, bumping services are a plague and having tags for offering them...what are they to be "proudly worn"?.
I tag people with red, usually before they scam and irrespective if I'm in Default Trust or not, without having legal standard proof of them being scammers.
I reckon my retrospective accuracy rate is 99%. If people don't take any notice, that's their choice.

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Cyberczar (OP)
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December 08, 2018, 11:19:39 PM
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<I don't particularly want to inspire a big self justification reply from you, but post one anyway>

Bullshit, bumping services are a plague and having tags for offering them...what are they to be "proudly worn"?.
I tag people with red, usually before they scam and irrespective if I'm in Default Trust or not, without having legal standard proof of them being scammers.
I reckon my retrospective accuracy rate is 99%. If people don't take any notice, that's their choice.
That's perfectly your concern not mine. As you can see, I've come a long way since then fighting scams not just in crypto but in other industries. You keep tagging your heart's desire. As I said, I don't care, neither do I need distraction from you on the subject of the post. Stick on it and don't tell me I can't fight scam because of some stupid tag.

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December 09, 2018, 02:42:31 AM
 #10

They first show proof that they are real and legit and stop threatening people who are exposing them, that's how scammers works, instead of showing proof and evidence they threat people, so better ignore them as long as your points are valid.

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