Warning. Ferrum Network (FRM) is scam project.

[cryptozahi]

Guys maybe you will think im trying to make FUD but its not true. I was one of the biggest investors last 3 month in Ferrum Network project and i bought FRM from 0.015$ price. But few days ago i sold all my tokens with market sell from 0.004$. Why? Because i understand for 100% this project is scam.

Lett me tell you from my eyes why i think like this.

When i bought in August FRM, they was different roadmap and a lot of good news about project and products in September, also list on big new exchange.

But what was in September? Nothing. Listed just on IDEX where listing fee is free and threw all good news about user case product to the next month and also promised listed on Big exchange in October because they need a time for discussions with exchanges.

What happened in October? Nothing. They changed roadmap, gave new promises for November and also continue shill about big new exchange. The beginning of the November project COO Ian again continue to shill about new exchange middle of the November and call a lot of investors with this new exchange shill. But what happened? Middle of the November they listed on exchange Eterbase which doesnt have on CMC. How many guys heard this exchange before? Is this exchange big for shill 3 month?

Shilling 3 month new exchange and listed on exchange which doesnt have on CMC. It is real scam act for me. When i asked to COO Ian, is it big exchange for you? He said yes, this exchange big for me for future. lol. Its real scam act more.

You cant shill exchange 3 month for listing which exchange doest listed on CMC and maybe listing fee is free. If you doing this, you are scam.

It was my first think why this project is scam.

Second act is, team is trying to shill project with phenomenons for money. Team is giving money for shill project. Real project do not this. If you are good project and real project you dont need to shill. If you do this, you are scam for me.

Third act is, they have a lot ideas, user case products and promise about project but they didnt keep any words. They changing roadmap all the time. Its scam act for me.



Fourth act is, last 4 month i sow a lot of time when they unlocked tokens more than they have to unlock for seed investors. Send tokens which he unlocked more to Bitmax and selling.

Fifth and the biggest act is their CEO and his fake name. CEO is not real CEO, he is like doll. COO Ian using his and his face for shill project but he is not CEO.
And his name is fake. I researched the university in Iran which he wrote on Linkedin progile. Last 10 year with this name doesnt have any student and doesnt finished any student. He is real fake and he is lier.


Use fake names and fake CEO, changing all the time roadmap, doesnt keep promises, shilling new exchanges like big exchange but listed on shit exchanges, unlocking and selling tokens, giving money to phenomenons for shill project and a lot of like this scam acts.



I spend my time and wrote this informations here because of warning you guys. Will you invest or not, will you trust my words or not, its your choice. Just be careful. I losted a lot of money, i dont want to same for you.

And also sorry for my bad English (google translate).  


Good luck to all guys

[kawetsriyanto]

Firstly, move this one to the scam accusations board: https://bitcointalk.org/index.php?board=83.0.

And his name is fake.

Use fake names and fake CEO

changing all the time roadmap, doesnt keep promises

Secondly, I saw some reasons above but you didn't enclose with strong proofs. Please show the proofs/evidence!!
Pictures, links where they promised you, and their real identity after you take your own research. Those are needed as strong proofs.

[poodle63]

As far as i knoe COO of ferrum has made a clarrification about that and they are changing the roadmap to put another important thing as their priorities to fit the trend in the cryptocurrency.
that's true if the team has changed the roadmap. Im not a ferrum supporter but i just watch this one everyday through its telegram group.

[Jatawneh]

If you do this, you are scam for me. .....  a lot of like this scam acts.

Base your comments on facts, This is what is wrong with the crypto space.
Too many uneducated and bullshit options. Your post has 0 value.

I have been a long time Ferrum supporter and I know the founder well. These accusations are completely baseless and are actually defamatory and slander. These lies originate from a single disgruntled investor who was once close to the project but then got mad when they decided to list on Eterbase. He then market sold all his tokens and cursed out the founders for being a "scam" because they chose to list on an exchange he did not approve of. Meanwhile Ferrum Network has 3 working products, including an exchange in Africa with thousands of users. They do constant AMAs and completely engaged with their communit and supporters. Remind me how that constitutes a scam?? In terms of the other allegations they can be easily debunked by simply looking at the founders Linked In profiles. They dont have anything to hide. One is a PhD who worked at Microsoft Amazon and Bloomberg. The other used to be a lawyer in New York City. They have been working on Ferrum for 1.5 years and even won a competition to pitch at Consensus in NYC. The founders and the team are honest and transparent and you can approach them on Telegram and ask them anything and they will answer you. It sickens me that a childish investor who made a bad decision to sell his tokens (the price went up 100% shortly after he sold) would go through all this efforts to lie and try to hurt a hard working and honest team.

[drlukacs]

But could you tell us about his fake name? This is important information and we need it to be truly true, not your guess. The LinkedIn profile doesn't say much, you have to prove it otherwise.
The fact that they changed the roadmap is really suspicious and seems to be promising more than it can. It seems that they see the market going down so they no longer want to continue developing the project. This is very difficult to conclude and we should still consider whether they are still active or not.

[desticy]

But could you tell us about his fake name? This is important information and we need it to be truly true, not your guess. The LinkedIn profile doesn't say much, you have to prove it otherwise.
The fact that they changed the roadmap is really suspicious and seems to be promising more than it can. It seems that they see the market going down so they no longer want to continue developing the project. This is very difficult to conclude and we should still consider whether they are still active or not.

It does not look like he is part of it. This guy is a FUD spreader and he did it without any evidence. He recently created another similar topic.
Personally, I believe that he deserves a mark in his trust. At the same time, he regularly advertises another project in his posts.

[schneek2000]

Confirmed.  They tried to get me to register my wallet by going to this phishing site: Website Blocked: www.dappfix.000.pe
v2.6.23 | Phishing: 2.0.202403181749

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Sent from support ticket area of their discord from Despirado/Mighty_KAI — Today at 8:43 PM