TokenPay is a SCAM

[nimiqshitcoin]

Haven't read all of it but I just came across this website on Tone Vays' Twitter: http://www.tokenpayexposed.com/XXX.htm

I knew it! I suspected TokenPay to be a scam from day 1 I read their website. I am surprised that people exposed the TokenPay scam

[TheNewAnon135246]

Found some more interesting stuff on Twitter. Will update my post later.

[TheNewAnon135246]

Here is a video of Derek Capo saying that US investors were allowed in the token sale: https://twitter.com/Horsebox_1/status/1117955111219867648?s=19

[nimiqshitcoin]

Here is a video of Derek Capo saying that US investors were allowed in the token sale: https://twitter.com/Horsebox_1/status/1117955111219867648?s=19

Good finding! SEC must bust this Derek for doing an unregulated ICO for American citizens... My question is why SEC is not taking this crap down? My only guess is that they are still small players.

[erikalui]

TokenPay did not pay even a single participant of their bounty campaign claiming the manager was a scammer but that made the bounty participants also scammers because they just did not want to pay. Their investors trusted them a lot bragging about the project but this is what it has turned out to be.

[robin.nimiq]

TokenPay did not pay even a single participant of their bounty campaign claiming the manager was a scammer but that made the bounty participants also scammers because they just did not want to pay. Their investors trusted them a lot bragging about the project but this is what it has turned out to be.

Indeed. There is a long thread on bitcointalk exposing token pay as scam for not paying the bounty participants. https://bitcointalk.org/index.php?topic=2400499.0

[mirakal]

I did not bother to research on project deeper, but this problem below has remained unsolved until now.

TokenPay scammed 1 MILLION DOLLARS FROM BOUNTY AND REFERRAL PROGRAM.

Once they scammed the bounty hunters, they no longer have a good reputation in the market.
That's a shame, they help you promote the project and you don't pay them.

[nimiqshitcoin]

I did not bother to research on project deeper, but this problem below has remained unsolved until now.

TokenPay scammed 1 MILLION DOLLARS FROM BOUNTY AND REFERRAL PROGRAM.

Once they scammed the bounty hunters, they no longer have a good reputation in the market.
That's a shame, they help you promote the project and you don't pay them.

Maybe next time, you should listen before you spread shit on the bitcointalk forum. THX

[acharias]

The amount of evidence on www.tokenpayexposed.com is overwhelming. They should be reported to SEC for encouraging US users to participate in the token sale.

[nimiqshitcoin]

The amount of evidence on www.tokenpayexposed.com is overwhelming. They should be reported to SEC for encouraging US users to participate in the token sale.

Indeed. I do believe SEC should be working to bust these TokenPay scammers

[acharias]

The amount of evidence on www.tokenpayexposed.com is overwhelming. They should be reported to SEC for encouraging US users to participate in the token sale.

Indeed. I do believe SEC should be working to bust these TokenPay scammers

I think only U.S. citizens (or ICO participants) can file an official complaint.

[TheNewAnon135246]

The amount of evidence on www.tokenpayexposed.com is overwhelming. They should be reported to SEC for encouraging US users to participate in the token sale.

Indeed. I do believe SEC should be working to bust these TokenPay scammers

I think only U.S. citizens (or ICO participants) can file an official complaint.

Anyone can file a complaint: https://www.sec.gov/tcr

You'll need to provide your identity when filing a complaint so that is something to keep in mind.

[robin.nimiq]

The amount of evidence on www.tokenpayexposed.com is overwhelming. They should be reported to SEC for encouraging US users to participate in the token sale.

Indeed. I do believe SEC should be working to bust these TokenPay scammers

I think only U.S. citizens (or ICO participants) can file an official complaint.

Anyone can file a complaint: https://www.sec.gov/tcr

You'll need to provide your identity when filing a complaint so that is something to keep in mind.

project is scam... everybody knows this by now...

[Horsebox_1]

Gents

Allow me to introduce myself. I am Horsebox and my team is currently investigating tokenpays activities. We have a telegram group where you can join and share some information. You’re suspicions are spot on btw. Here is the tekegram  link to our group. https://t.me/joinchat/LeCS6kZeIErWci4M4zsjSA

We have Lots of hard facts about the unethical practices of this coin.

Thank you

[fudster]

Gents

Allow me to introduce myself. I am Horsebox and my team is currently investigating tokenpays activities. We have a telegram group where you can join and share some information. You’re suspicions are spot on btw. Here is the tekegram  link to our group. https://t.me/joinchat/LeCS6kZeIErWci4M4zsjSA

We have Lots of hard facts about the unethical practices of this coin.

Thank you

There are evidence being posted already available for you. Check all the threads about the project, its all there.

Them not paying bounty hunters is not good at all. If they have done it, its not going to be surprising if they do it to all including the investors who trustingly send coins to them.

[Horsebox_1]

Hi

I know. 95 percent of the things you read on twitter are from my team. The website was also set up on information we recirved @nimicshitcoin could you contact me please. I’d be very interested in talking to you.

Thanks guys

If you’d find anymore info please don’t hesitate to contact me

[gaitonde]

TokenPay is a SCAM. Here are the facts:

1. ICO. TokenPay was launched as an ICO, so they were interested in order to get the money from fooled backers
2. POSv3 Fork. The tokenpay "great technology" was done in 5 minutes by forking a Bitcoin POSV3 blockchain. It took them literally 5 minutes to fork the code and change a few parameters to rename the coin and change the block time.
3. Fake information on their website. They promote their coin as being a secured coin and anonymous while the platform is a total scam.  "Introducing the world’s most secure coin and payment platform". That is totally fake because tokenpay is a Bitcoin fork... namely, a POSv3 fork with just a few parameters changed
4. Fake partnerships. WEG Bank is a fake partnership announced almost 1 year ago. The "great" partnership with the WEG Bank (verbal in may 2018, officialized in september 2018)  failed to produce any service or product online for crypto and banks. More, WEG Bank is considered by many people (including me) as a scam. WEG Bank is just a paper bank company that doesn't operate or have any working product or service. I discussed more on this thread. https://bitcointalk.org/index.php?topic=5116099.20
5. TokenPay scammed 1 MILLION DOLLARS FROM BOUNTY AND REFERRAL PROGRAM. Hundreds of people were scammed by TokenPay of one million dollars stealing their bounties. Check this thread some the facts  https://bitcointalk.org/index.php?topic=2400499.0
6. No github activity. The github repository was and literally DEAD. They never added any kind of improvements to their POSv3 fork
7. They announced many things (like the deal with WEG Bank), but yet they failed to launch any prototype or demo of a separate product or service.
8. They prepare a new ICO for a "decentralized exchange". YUP. You heard right. They are preparing for a new ICO to raise funds.

Many other things. I will add them later.

5. TokenPay scammed 1 MILLION DOLLARS FROM BOUNTY AND REFERRAL PROGRAM. Hundreds of people were scammed by TokenPay of one million dollars stealing their bounties. Check this thread some the facts  https://bitcointalk.org/index.php?topic=2400499.0


yes thats true I agree with you but they reach already there targeting collected lots of money now

[TheNewAnon135246]

Hi

I know. 95 percent of the things you read on twitter are from my team. The website was also set up on information we recirved @nimicshitcoin could you contact me please. I’d be very interested in talking to you.

Thanks guys

If you’d find anymore info please don’t hesitate to contact me

You guys are doing great work, keep it up!

[nimiqshitcoin]

Gents

Allow me to introduce myself. I am Horsebox and my team is currently investigating tokenpays activities. We have a telegram group where you can join and share some information. You’re suspicions are spot on btw. Here is the tekegram  link to our group. https://t.me/joinchat/LeCS6kZeIErWci4M4zsjSA

We have Lots of hard facts about the unethical practices of this coin.

Thank you

I believe TokenPay should be reported to SEC. Not only it is using unethical practices, but it also scammed American ICO investors and bounty hunters as well for 1 million dollars

[mirakal]

Gents

Allow me to introduce myself. I am Horsebox and my team is currently investigating tokenpays activities. We have a telegram group where you can join and share some information. You’re suspicions are spot on btw. Here is the tekegram  link to our group. https://t.me/joinchat/LeCS6kZeIErWci4M4zsjSA

We have Lots of hard facts about the unethical practices of this coin.

Thank you

I believe TokenPay should be reported to SEC. Not only it is using unethical practices, but it also scammed American ICO investors and bounty hunters as well for 1 million dollars

Their only big violation if the scam is proven is against the investors, I don't think bounty hunters would get anything since there was no valid contract when they work, bounty hunting is not legal nor illegal, it's only based on the words of the developers and if they will not follow their words, they would not be liable for such breach of promise.