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Author Topic: LaneAxis - SCAM - Didn't pay Bounty and closed telegram group  (Read 432 times)
Naida_BR
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March 01, 2019, 11:30:57 AM
 #21

If I am not mistaken this project was released when the bearish market started. Probably they wouldn't manage to raise many funds because of the bearish market.
What makes me furious is that many bounty sites give exposure to such scam projects and more people lose their money (and time if you consider of bounty hunters) for nothing.
RieraMusic
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March 02, 2019, 12:44:34 AM
 #22

Everybody join this Telegram group , we need all the affected people to join, we have to figth for our tokens, if they are not a full scam project and only want to scam the bounty participants, they will have to pay or we will spread the world LANEAXIS IS SCAM on youtube, twitter, facebook, bitcointalk, bitcoingarden, reddit, medium, steeamit, we will contact every exchange and make sure they get  listed NEVER if they do not pay us.

Join this group to help us and try to find and invite all the affected participants:

You will find a lot of evidence of the scam in the Telegram group, indeed they have only distributed 3 million tokens, I have investigated the AXIS transactions,  the 22 TOP accounts holding AXIS tokens have 1497 million tokens in total (from a 1500 millions the total supply)


Check this email I received from


marketing@laneaxis.com


Their "calculations" are WEIRD, they say 45 millions for the bounty allocation (3% of the 1500 millions supply) spreaded between 3 bounties (15 millions each), then, they take those 15 millions and AGAIN apply a 3% , to only distribute 450,000 tokens , that means 3% of 1% of the total supply (0.03% tokens only). This is a JOKEEEEE!!!


Check this link:
https://bloxy.info/token_holders/0xf0c5831ec3da15f3696b4dad8b21c7ce2f007f28

The 22 top accounts hold 1497 millions tokens, meaning they only have distributed 3 million as max for bonty and airdrop, Where are the left 42 millions tokens?

They talk about a wrong info displayed on Bitcoingarden, but they clearly say that the bounty allocation is 45 millions betweet the 3 bounties (15 millions each)






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RieraMusic
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March 02, 2019, 12:52:53 AM
Last edit: March 02, 2019, 01:03:59 AM by RieraMusic
 #23

What happened::

As the title suggests, the LaneAxis team has run several bounty campaigns, didn't pay anyone and then deleted the Telegram Group!

The LaneAxis team has organized several bounty campaigns, including the following that I joined in June 2018:
https://bitcointalk.org/index.php?topic=4390826.0

The only spreadsheet in which I am listed was sent to me immediately after I was selected as translator. (and includes only my name and Stakes)

Another bounty campaign was held on bitcoingarden: https://bitcoingarden.org/forum/index.php?topic=44338.0
...the spreadsheet can be found here: https://docs.google.com/spreadsheets/d/1QoVUDXXyyvzlc0pXfgJwvcRAPhSfZIk3kqKZGHaHxZo/htmlview#

No matter what address I look at, nobody has received any AXIS Token

(Archive)

Even on their landing page, they promote one of their bounty campaigns:


Ok, so what exactly happened:

1) A few days before the payout should have taken place, I asked if it would not be possible to publish the final spreadsheet.
As a response I was told that the smart contract creation and distribution is not done internally, instead it is handled by a third party.

As far as I can remember, they said icobox was responsible.

A few days later the following announcement was made:
"Thank you for participating. All the tokens have been distributed."



2) Since no one received anything, people started complaining.

As an answer we received: "Please send us an e-mail to marketing@laneaxis.com  to resolve the issues"
That was Friday evening.



No sooner said than done.
So we, the Bounty participants, have sent a mail to the given address.

3) Here comes the fun part

After three days had passed, it was Monday, the team has suddenly spread the following message.



So the team forwards the responsibility to a third party, unknown to us.
We're supposed to contact a guy named Cryptoguruu.

In addition, the telegram group is to be closed after 2 days.

Of course I sent a mail to the given address and guess what came back after one day from my mail provider:
Quote
I'm sorry to have to inform you that your message could not
be delivered to one or more recipients. It's attached below.

<contact@cryptoguruu.com>: connect to cryptoguruu.com[209.99.40.227]:25:
    Connection timed out


4) People startet complaining that the given mail address doesn't even exist

Below you can see my last messages in the group.
There was no response to any of the messages.



A few hours later the group was deleted, two days earlier than previously announced.

Scammers Profile Link:
https://www.linkedin.com/in/rick-burnett/

LaneAxis
Bounty Manager: altcoin_prediction

Additional Notes:

Thanks Lane Axis for letting me translate your fuc**ing Whitepaper and Threads.
I hope karma gets you!

If you manage your project as professionally as the Bounty Campaigns, you should better quit right now.


Bro join the Telegram group, we will make them pay us or we will LITERALLY destroy any chances of success of their project, we are a lot of affected people and we can screw their image and break their project if they try to scam us, they have to decide if they want to keep our tokes or their chances to succeed. Check my last post, and join the group, I have a lot of evidence showing they have only distributed 3 millions of tokens.

█ ▌        Vice Industry// The Revolutionary Adult Cryptocurrency        ▐ █ (https://vicetoken.com/)
RieraMusic
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March 02, 2019, 12:58:22 AM
 #24

Still hoping that they would respond regarding with the matter however LaneAxis' account has been offline for a long time now and the campaign manager was last active five days ago so it might take a while for someone to respond with the case, the worst case scenario is both of them running away with all your stolen effort as well as their investors money which seems to be the case right now, I'm sorry man you are not the only victim here and unless we caught one of those people involve we won't see any progress happening.

Don't think there's gonna be any reaction. That's probably why they were in such a hurry to delete the telegram group.
Seriously, which team deletes the group only a few days after the end of the ICO.  Roll Eyes

Have you also been a participant in the Bounty campaign?

Thought I was the only one complaining here.
Looks like most bounty participants have already accepted the fact that at the end of a campaign they are leaving empty-handed.  Cheesy


Their Telegram Group is ACTIVE, it is not closed!
BUT THEY WILL BLOCK YOU IF YOU ASK TO MUCH ABOUT THEIR SCAM!


█ ▌        Vice Industry// The Revolutionary Adult Cryptocurrency        ▐ █ (https://vicetoken.com/)
aundroid (OP)
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March 02, 2019, 02:27:08 AM
 #25

Their Telegram Group is ACTIVE, it is not closed!
BUT THEY WILL BLOCK YOU IF YOU ASK TO MUCH ABOUT THEIR SCAM!

Yeah, someone else already told me that.

Looks like I asked too many unpleasant questions.  Grin

Joined your telegram group!

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LaneAxis
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May 29, 2021, 05:55:46 PM
 #26

LaneAxis never scammed anyone. We sent out all tokens to bounty and token holders years ago. Stop spreading rumors and FUD that LaneAXIS is a scam. Below is the etherscan you can see all the tokens were dispersed back in 2027. If you didn't get your tokens, email customerservice provide proof and you will get your tokens but stop screaming scam because you did not receive a small bounty.  https://etherscan.io/token/0xf0c5831ec3da15f3696b4dad8b21c7ce2f007f28
LaneAxis
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May 29, 2021, 05:57:05 PM
 #27

Also our telegram never got shut off. Again more FUD https://t.me/laneaxis
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