Hi, I am one of Investor that been scammed by a company whereby all of my money converted to a token named Elitetreum with code of ELT. Based on what i’ve experienced, the company was originally not a crypto developer, but forcing investors to accept their coin/token is a kind of desperate things or like such.
The Elitetreum is a erc20 token as i can search it in the list of etherscan, it do not have any price yet, and no capital. However, the wallet provided by the company do have changes in price and just i don’t really get it where do they trade their tokens. There are no exchangers trading this token.
This company (ymci.co) offers bonusses like sponsor, pairing and matching, they also offers profits in stocks market such as the IPO’s. After a few years, this company change their program structure, and converting all payments to ELT(Elitetreum) token. I was informed that the token made by a electronics company selling devices and gadgets. They said its popular company named Elitesoft and have many products like power banks, smart phone devices, cables, etc.
Does anyone knows how to identify if this elitetreum-ELT were scam? Because although that all my money converted to this token, i could not even withdraw it to cash via any banks.
Sorry for your loss pal, first time i am hearing about this altcoin and surely by now i expect you to have learn from your mistakes, these projects aren't popular always try to invest in well known projects, if its new project you will need to do good research on them.
