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Author Topic: Kingcuan - Plagiarized whitepaper  (Read 221 times)
ICOEthics
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May 10, 2019, 01:40:04 PM
Merited by bones261 (2), witcher_sense (1), shasan (1), morvillz7z (1), lovesmayfamilis (1)
 #1

What happened: Plagiarized Whitepaper  

Scammers Profile Link: https://bitcointalk.org/index.php?action=profile;u=2569137

ANN: https://bitcointalk.org/index.php?topic=5133507.0
https://archive.is/J3Fzf


Website: https://kingcuan.com/
http://web.archive.org/web/20190510133245/https://kingcuan.com/


Whitepaper: https://drive.google.com/file/d/1ZZq6xTFEVf8jUpGX7TGC7K2WNg-4Lyke/view
Archive: http://web.archive.org/web/20190510133136/https://drive.google.com/file/d/1ZZq6xTFEVf8jUpGX7TGC7K2WNg-4Lyke/view


Plagiarized Whitepaper = We didn't check the whole paper, just the pages below.







Code:
sources:
https://wisecryptos.com/icos/luxcess-group/
https://icosbull.com/eng/ico/luxcess-group/whitepaper
https://icosbull.com/eng/ico/defundproject/whitepaper
https://luxcess-group.com/about-us.html
https://www.docdroid.net/E57bZlC/ico-wdc-whitepaper-draft.pdf#page=9


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Kingcuan
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May 19, 2019, 12:38:56 PM
 #2

Hello
I have sent Message for clarification of this

Thanks you

Our token is called “Kingcuan Token” and its symbol is CUAN.
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May 19, 2019, 01:23:51 PM
 #3

Hello
I have sent Message for clarification of this

Thanks you

And we dont answer Private Message.   

This is your board to explain whatever you want. With such blatant plagiarism, there is nothing really to explain. But you can always try!

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May 27, 2019, 03:17:15 PM
 #4

My Whitepaper: https://drive.google.com/file/d/11HCKqLP8nHMh4it8Xt4y4AyjCQ5DfW2v/view













Our token is called “Kingcuan Token” and its symbol is CUAN.
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May 27, 2019, 04:11:54 PM
 #5

[...]

I really have a hard time understanding your project, you want to create a decentralized exchange and a site where people will invest money to have guaranteed minimum returns of 5%.

you said:

We have implemented a unique system that nobody else has ever done before

Our bot will automatically buy at lows and sell at highs.

guaranteed returns is impossible mission, because it is very difficult to predict the market, unless you want to execute ponzi scheme

How much money do you intend to raise?




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May 27, 2019, 07:33:44 PM
 #6

guaranteed returns is impossible mission, because it is very difficult to predict the market, unless you want to execute ponzi scheme

How much money do you intend to raise?



All their planning is confusing and unrealstic in my view. I am also concern about the idea of giving 5% guaranteed return system. Its quite impossible to provide this kind return regularly if project owner don't spend it from his own pocket.

It seems to me that they are trying to run a ponzi scheme by showing exchange system to investors and IMO its not gonna give bright results for its investors.





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