Kingcasino turned scam

[Tipstar]

We've seen the previous scam accusation about them but bounty hunters ignored it. I have doubts about the project from the beginning because they intend to release dividends quarterly which would be something not usual than the legit casinos.   Is there any hard proof besides the team claiming it?  It would be good to see some busting.

Hard proof? Really? Please check their Twitter channel, it's full of hard proof, they raised more than enough and they show the world about it on twitter, the scammers want it too look like they failed due to softcap not reached but they sold out not once, 25,000,000$ just for a casino platform?? What could they develop on the platform that can cost that much???

https://mobile.twitter.com/kingcasino888

Kingcasino was undoubted one of the hyped projects though I didn't researched about it, the forum seemed to be filled with it's signature and talks. I did navigated to the site but found no real work towards building a casino and their logo/avatar was too cheap to be for a serious project. Though their numbers were high, they were distributing their tokens and their names were much similar to another scam betking, those two things made me not participate in it.

[_IRMAN]

I have expected it since they claimed have collected $21 million by doing IEO on P2PB2B, how could they possibly get such a large amount of funds, even though we all know P2PB2B is the largest exchange with fake volume.

[rz20]

Hello everyone, I have proof that kingcasino is a big fraud but I'm sad that many still don't do research very well nowadays, after reading some comments some are even still believing that kingcasino failed to raise money is all, why can you say such?

do you know that kingcasino claimed they raised 21 million dollars through IEO? They sold over 15,000,000 KCT tokens, where were you?? And another 25,000,000 KCT in another round again



whatsoever OP says about kingcasino is genuinely true, please if you still have doubts go to kingcasino Twitter account and see all their progress yourself, it's a shame bounty hunters are still like this, like no improvement at all, no wonder scam projects are taking advantage of us

What I don't understand is how can exchanges list such projects for IEOs don't they have a kinda duty to their customers to provide genuine projects? I had many chances to get into Kingcasino but never invested any $ in it.

[trauchot]

It's a pity of course, I also participated in the bounty from this company and hoped for the best, but there is nothing to be done, because most companies that making bounties as we know are scammers and we cant do nothing with it, we just need to move on and we must forget about this scam.

[joshua123]

I have expected it since they claimed have collected $21 million by doing IEO on P2PB2B, how could they possibly get such a large amount of funds, even though we all know P2PB2B is the largest exchange with fake volume.

Indeed they announced they raised 21million and to be honest thats a big figure, however doing it on a shady exchange like p2pb2b and latoken Im sure that they are going on this scenario in the end. Now bounty detective good record will be tarnished by this scam project. When I visited their telegram even their admis are really rude when someone asking on their platform. Stay away from this project this will only lead to a scam exit one.

[Lantind]

Bounty detective is not at fault here mate, the fault is yours, their job is to make campaigns available to the audience, you have to do research before picking anyone to promote, it failed or turn scam it's your own fault for choosing wrong not bounty manager

Yes, in general rules Detective Bounty are clearly innocent, because they only manage bounty campaigns that are already available to them, so the mistake here is that the project team still cheats people, not the absolute mistake of bounty participants, because they are also deceived by the project.

[Fredomago]

Bounty detective is not at fault here mate, the fault is yours, their job is to make campaigns available to the audience, you have to do research before picking anyone to promote, it failed or turn scam it's your own fault for choosing wrong not bounty manager

Yes, in general rules Detective Bounty are clearly innocent, because they only manage bounty campaigns that are already available to them, so the mistake here is that the project team still cheats people, not the absolute mistake of bounty participants, because they are also deceived by the project.

Such kind of act from bounty developers still coexist around this industry, no one to be blame aside from the team who offers the works, both BM and participants had been deceived by this so-called developers / scammers,  it's really too good to be true when something has been done behind doors, nothing to look back just move on and step forward there are still opportunities that will be available.


Participating with bounty works needs to carefully be research, it's not in our control but we can lessen the chance being victimized if we research more deeper.

[noorman0]

What I don't understand is how can exchanges list such projects for IEOs don't they have a kinda duty to their customers to provide genuine projects? I had many chances to get into Kingcasino but never invested any $ in it.

P2PB2B has a bad reputation, this exchange can fake trading volumes and often (or entirely) hold IEOs for scam projects. All they think about is getting money. It could be that Kingcasino has paid some money to make it seem as if this sale was a success. Idk, just my presumption.
This is an important lesson for bounty managers to know which exchanges the project plans to carry out IEO.

[Iyanu14]

I'm not here to criticize but to clear the fact that bounty managers aren't perfect, many hail and praised bounty detective for their introduction to many new Bounties this year so far but i knew there are some bad eggs among the projects, one if the bad eggs is Kingcasino, the first time i investigate this project I knew something was off, the website design and the team which are fake team, they exit scam and even telling investors that they are scammed.



Sometimes even the best bounty manager can introduce a scam bounty project, no bounty manager is perfect

For those saying this is not enough proof that kingcasino is scam, kindly check this out from another member

https://bitcointalk.org/index.php?topic=5259635.msg54724410#msg54724410

Are you really sure this came from the team? Because I was wondering even if a project is a scam, how easy for a team to just come out like this and said they have scammed people.  Any way, I think I need to make my personal findings about this, because I have always believe that bounty projects from bounty detectives are one of the bests.

[LogitechMouse]

I'm not here to criticize but to clear the fact that bounty managers aren't perfect, many hail and praised bounty detective for their introduction to many new Bounties this year so far but i knew there are some bad eggs among the projects, one if the bad eggs is Kingcasino, the first time i investigate this project I knew something was off, the website design and the team which are fake team, they exit scam and even telling investors that they are scammed.



Sometimes even the best bounty manager can introduce a scam bounty project, no bounty manager is perfect

For those saying this is not enough proof that kingcasino is scam, kindly check this out from another member

https://bitcointalk.org/index.php?topic=5259635.msg54724410#msg54724410

I know that the scams in ICO's are very common already nowadays.

What's uncommon is that they will literally say that they are scammers. That they are saying to the investors that they scammed them. That they will run away with the total funds that they have. Most of the time scammers will just runaway without saying anything but these scammers literally did it like they are proud of doing it which is quite funny TBH . Whether this is true or not is I don't know but if this is true then time to move on for the investors.

I pity all of the investors of this ICO but in order for an investor to learn, he/she must encounter things like this to be a professional one because you will not learn if you don't experience mistakes.

[riso2015]

P2PB2B has a bad reputation, this exchange can fake trading volumes and often (or entirely) hold IEOs for scam projects. All they think about is getting money. It could be that Kingcasino has paid some money to make it seem as if this sale was a success. Idk, just my presumption.
This is an important lesson for bounty managers to know which exchanges the project plans to carry out IEO.

The Bounty Detective team has conducted research on various projects they manage, and also in this case, they have researched the Kingcasino project. So in my opinion even though the Bounty Detective Team is already very trusted in managing Bounty, But that does not mean the project they manage is a successful project without a scam. Potential scams are always there.

[Ryushin]

We've seen the previous scam accusation about them but bounty hunters ignored it. I have doubts about the project from the beginning because they intend to release dividends quarterly which would be something not usual than the legit casinos.   Is there any hard proof besides the team claiming it?  It would be good to see some busting.

Hard proof? Really? Please check their Twitter channel, it's full of hard proof, they raised more than enough and they show the world about it on twitter, the scammers want it too look like they failed due to softcap not reached but they sold out not once, 25,000,000$ just for a casino platform?? What could they develop on the platform that can cost that much???

https://mobile.twitter.com/kingcasino888

Do you believe they really got that $25M for a casino project that doesn't even have unique features this is a scam.   Is there a proof they got some funds?

All I wanna say is that some busting done by a scambuster would be better.  Its good to see the names of the developer and whoever is behind the project.

How will you bust this criminals that use others stolen identity to fool investors? It's impossible, the CEO of the website is fake, no single team member is real, it's pretty easy to figure it out, all the pictures looked washed out, why would bounty detective accept such project??

[FireBallex]

My suspicion rised up when the project team claimed they raised 21M $$$ on p2pb2b exchange and Latoken combine, I knew these two shit exchanges can never raised that much for a new project combined, it was all fake, I know some investors must have invested because of this fake hype, it was a near perfect scam project

[FireBallex]

Hello everyone, I have proof that kingcasino is a big fraud but I'm sad that many still don't do research very well nowadays, after reading some comments some are even still believing that kingcasino failed to raise money is all, why can you say such?

do you know that kingcasino claimed they raised 21 million dollars through IEO? They sold over 15,000,000 KCT tokens, where were you?? And another 25,000,000 KCT in another round again



whatsoever OP says about kingcasino is genuinely true, please if you still have doubts go to kingcasino Twitter account and see all their progress yourself, it's a shame bounty hunters are still like this, like no improvement at all, no wonder scam projects are taking advantage of us

What I don't understand is how can exchanges list such projects for IEOs don't they have a kinda duty to their customers to provide genuine projects? I had many chances to get into Kingcasino but never invested any $ in it.

You should understand because p2pb2b and Latoken are both bad exchanges that don't give a f*** about what a project is all about, either scam or not they don't care, if you can pay for listing you will get your tokens on the exchange with no verification

[robelneo]

Glad that I did not continue to their bounty campaign I campaigned for one week but changed my signature for a better one I feel sorry to those who invest and promote this project, bounty manager should explain why these things happen, they have no control on the outcome but at least they know who are the people running the project, so big investors can go after them.

[Coin_trader]

I'm not here to criticize but to clear the fact that bounty managers aren't perfect, many hail and praised bounty detective for their introduction to many new Bounties this year so far but i knew there are some bad eggs among the projects, one if the bad eggs is Kingcasino, the first time i investigate this project I knew something was off, the website design and the team which are fake team, they exit scam and even telling investors that they are scammed.

~snip~

 I don't think that is bounty manager's fault.
I think it is also your duty to do some research before joining any bounty, however, altcoin bounties are mostly scammers.

It's partly bounty manager fault. He should review thoroughly the project before he accept the job offer. Remember that he has an option to turn down the offer and yet he accept it with full responsibility. He should always think the safety of his bounty promoters before he get this job just like what other bounty managers do like ensuring the funds in case the project turn to scam. Legit project will accept that terms while scammer will automatically turn down that offer.

This kind of stuff was already discussed in this forum multiple times and many sucks bounty managers was already punished for being an irresponsible. He should stop accepting too much job offer if he can't handle the screening of each project. He seems good and I hope he can re-evaluate his goal.

PS: this is not the only project that he managed and turn to scam.

[CryptoYar]

It's partly bounty manager fault. He should review thoroughly the project before he accept the job offer. Remember that he has an option to turn down the offer and yet he accept it with full responsibility. He should always think the safety of his bounty promoters before he get this job just like what other bounty managers do like ensuring the funds in case the project turn to scam. Legit project will accept that terms while scammer will automatically turn down that offer.

I agree with everything you say

PS: this is not the only project that he managed and turn to scam.

I had also joined some bounties of this group, I have not benefited from any of these bounties so far.
I tell you the truth, I was tired of doing the task of bounty but when the tokens were received, their rate was very low. For example, Basic token
However, my own thinking is that it is very difficult to find a legit project nowadays.

[Furryball]

Kingcasino never made that much money from p2pb2b exchange and Latoken, those who invested in the project got caught in the FOMO that they raised 21 million dollars which was never true, I believe that not many investors lose money on this scam because it's not hard to see that it's scam project

[JeotQ]

This is what happens when bounty hunters are too lazy to do research themselves, always want the bounty manager to do things for them, several weeks back it's been announced by a member on here that kingcasino is a scam project, I think it was in scam accusation thread or something, lack of research is why people fall for this scam project

[Phoenix_PROG]

There is no way to turn this back, what is important right now is learning from this mistake so that you won't repeat the same mistake again, some comments said that the project was already accused as scam in the past, how did you miss this? It's all on you, next time be more careful around new projects