Am opening this scam thread against Eric Gu since he is the owner of the Zengold Project which raised millions of USD and abonded it with all of our money.
ERIC GU sold 100 million ZGC on ICO in 2017 which was a full success and has been sold out in half an hour.
He collected millions of USD on his ICO.After a few months China banned ICO's and Eric was forced to refund chinese investors their money.
Based on numbers he gave to use he had to refund money for 30 million zgc coins.So he still had the funds from over 70 million ZGC coins.Please remember Eric got the funds during a time where BTC price was very low.After the ban of ICO in China Eric tried to establish Zengold in Dubai and after that in Hong Kong.
He claimed to hire a new team which will focus on Zengold.In reality all people from Zengold left Eric .Steve Zhang the director of Zengold left Eric seeing there is completly no progress and both communities the chinese and international going mad and starting researching their real names and adresses.
The company itself is registered in Shanghai.After 12 months passed with completly no progress beside one telegram contest of 10.000 zgc (what a joke) there was completly nothing done.Admins where hiding and ERIC GU avoided to speak about Zengold.Eric even took Zengold out of Metaverse main page.
Now 18 months passed and nothing changed.The project is totaly abondanded.There are no admins nor anybody activ even in the telegram group.
Our asshole the so called Business Operation Manager of Zengold Willam Jiang (see proof here
https://block-clip.com/videos/detail/249 )
also stopped any activity at Zengold and is now only activly advertising Metaverse. Eric Gu's main baby
Zengold has not the smallest progress since 18 months.There is not a single person responsible for Zengold.All social media accounts are dead.Telegram is a dead spam place for months.
ALL Zengold workers where Employee from viewfin which is owned by ERIC GU.
I'M ASKING YOU ERIC WHERE IS OUR MONEY WE INVESTED IN ZENGOLD'S ICO ?WHY ARE YOU NOT USING OUR MONEY FOR ZENGOLD BUT INSTEAD FOR OTHER PROJECTS ?
YOU ARE CLEARLY SCAMMING ALL ZENGOLD INVESTORSAm going to keep updating this thread including publishing company information and adresses which they try to hide at all cost.
Here one of the biggest scandal where ERIC GU is activly scamming his trading investors.Not just ZENGOLD .
Read it carefully.Its about the 30 million zgc they had when refunding chinese investors.
Thats a statement of the old
Zengold Director who left together with his wife Zengold.
You read it ?Eric Gu dumped massiv amounts of ZGC at peak prices which were at that time arround 10 Cents per ZGC dumping the price down and put big buy orders back at 2 Cent range which got quickly filled since there was/is no progress ,no real team or any plan at all.Basicly making everyone feel its a dead project which Eric knew since it was him leaving the project.
He activly crashed the price to buy back the coins at a cheap rate.It has been confirmed by the Zengold Director .
Its a clear money grab by him which is so unethical and i would even claim criminal.Now ask yourself why is ETP so extreme volatile and always have these big dumps ?
Eric in action ?
So Eric took money from ZENGOLD investors from ICO and later from dumping coins for price manipulation.And still there is completly no progress since 18 months which he admits in a private telegram chat.
How do you call something like that ?
I have nearly 1 million ZGC as i loved the idea.I would have no problem losing the money if the project would fail in action.But i have a problem when somebody takes our money and doesn't even start.Thats a scam and has nothing to do with failing.
On an additonal note.Eric Gu has all Zengold Investors money.You wanna know when he talked the last time with Zengold investors ?It was 1 1/2 year ago
