Fake rating of ICObench. Misleading investors.

[The Cryptovator]

ICObench is official account of https://icobench.com. Investors are losing fund due to their fake rating of ICO's. You can read about their listed ICO  Resto Token (Exit Scam) . Let's check ICObench rating, https://icobench.com/ico/resto (Archived).

They are misleading investors by fake ratings. No doubt we will find lot of exit scam on their website.
However, I think they have more representative on this forum. Please reply here with username if you found. I am going to tag them, I want to know opinions from othere DT members.

[CryptopreneurBrainboss]

However, I think they have more representative on this forum. Please reply here with username if you found. I am going to tag them, I want to know opinions from othere DT members.

I'm not a DT member but I have something to say. Any investor relying on these raking or rating site for guidance on investing in icos are doing themselves more hard than good. Just like the so called crypto experts (influencers) on YouTube and Twitter these site are fraud because they get paid for better rating.

That been said, If a rating site have been found guilty for giving attractive rating for clear cases of scams project in different occasions then their account deserve to be tagged because they're supporting scam project. Remember we decided, users wearing signature or promoting scam projects will be tagged if caught therefore I see no reason why rating sites shouldn't be tagged

[TimeTeller]

Most of the ranking or ICO listing sites charge for a fee.
Just take a quick read on these links -

https://icobench.com/faq
https://cryptocurrencyhub.io/beware-of-ico-bench-a41e401b69ea

Though, they are claiming not to charge listing fee yet they are charging for those projects who don't want to wait.
I believe everyone is paying them as who wants to wait? And the waiting time might be so long if you want it for free.
So most of those reviews and ratings are bias. If you pay higher fee, the higher your rate is.
I really don't trust those sites. I just do my own research if I want to invest.

[eaLiTy]

Never trust any of these rating sites, be it in any platform, they will bend their policies if they get paid and so does the rating will change according to that, never invest in any of the tokens or coins looking at their ratings, initially i used to compare all of the rating sites and everyone used to give good ratings for scam projects and i have invested in those thinking it is a good project because the white paper was convincing. Do your home work before investing and i stopped investing in any new projects for a long time even though how convincing they are because of these scams.

[Findingnemo]

Why a legit project needs ratings from someone from being paid,if investors understand this they will never fall for these scam sites again.

[IlVeroNico]

I think it has been known for a while that most (if not all) of there ranking sites aren't checking that carefully the projects they review.

Some votes are probably bought out of nowhere

[TalkStar]

Its already been a common scenario that most of the ICO listing sites show ratings on their webpage without investigation. They just need money from the ICO owners. In recent times its been tough for investors to take decision about a project by seeing this type of ratings only. These ICO listing sites ratings have got no value IMO. Actually its nothing but a trap for investors to steal their fund.

[marlboroza]

Investors are losing fund due to their fake rating of ICO's.

If ICObench tells them to jump, will they jump?

Team passing KYC - usually rated 5/5, it doesn't matter what is experience of the team in particular field. Other ratings are nothing but opinions of random unknown people from internet.

According to this https://medium.com/alethena/this-is-how-easy-it-is-to-buy-ico-ratings-an-investigation-13d07e987394 their expert took money for ratings, but I think everyone already knows how shitty these ICO ratings sites are anyway.
OP mentioned project resto. What's with project resto?

Their telegram channel is not accessible now

All their channels are not accessible anymore, twitter, telegram medium

Telegram works, facebook works, youtube works, I didn't find twitter and medium is suspended.

Conversation with CEO https://www.youtube.com/watch?v=hg-al8-7s50 seems real, right?

According to website, company is registered:

2018 © METROPOLE VENTURES LP All rights reserved
METROPOLE VENTURES LP, Company number LP018193
60 Larchmont Road, Leicester, England, LE4 0BE

https://beta.companieshouse.gov.uk/company/LP018193

But who is behind that company or should I say limited partnership:

Company type
Limited partnership

What is Limited Partnership - LP
A limited partnership exists when two or more partners unite to conduct a business in which one or more of the partners is liable only to the extent of the amount of money that partner has invested. Limited partners do not receive dividends but enjoy direct access to the flow of income and expenses. Some may also call this a limited liability partnership. The main advantage to this structure is the owners are typically not liable for the company's debts.

https://www.investopedia.com/terms/l/limitedpartnership.asp

Two other companies https://prnt.sc/mlxgq4:
Corporate Management Ltd
Capital Consortium Ltd

It is so hard to ask few questions before investing, right? Easier is to gamble and later blame their not working twitter account, ICObench and everyone else. Jesus, investors nowadays  

[Dig Bicks]

This is just the tip of the iceberg.  Big exchanges posting fake volume, coinmarketcap going along with the scam, Bitmex trading against their own customers.  You should be going after the big guys.

[TalkStar]

This is just the tip of the iceberg.  Big exchanges posting fake volume, coinmarketcap going along with the scam, Bitmex trading against their own customers.  You should be going after the big guys.

It doesn't matter if anything big or not. If we can collect enough evidence against those big guys than i think there's no reason to take their site. Its not only one users responsibility to catch scammer or rise hand againg fraudlent activities. Lets do it together and save our investors from getting scammed.

[No_more_cheaters]

All these scams are in last instance responsible of the bearish trend of the market nowadays. People fear cryptocurrencies.. all aspects related to crypto are just linked to bad connotations:  scam (bounty, ICO), darkweb (drugs, guns, porn..), volatility, maipulation....
HOw the hell is blockchain going to get mainstream, if we are sorrounded by all these?¿?¿