Nigerian SEC warns about iBSmartify investment

[MCobian]

I am not surprised that more and more project scams are in circulation today, because scammers utilize greedy and poor people.
And this is done by IBSmartify Nigeria, they try to offer investments with rewards of 2% daily and 75% monthly. With an offer of
rewards of that size, there is no need to conduct an investigation. I am very confident that the project is scams.

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[nicecrypto]

Re: Activities Of An Illegal Operator IBSmartify Nigeria

The attention of the Commission has been drawn to the activities of iBSmartify Nigeria the promoters of a Blockchain known as iBledger (iBcashcryptocurrency) and InksNation.

The general public is hereby advised that neither the promoters of iBSmartify Nigeria nor the illegal products they offer are registered or regulated by the Commission.

In view of the above, the general public is hereby WARNED that any person dealing with the said entity and others in the same business in any manner whatsoever, does so at his/her own risk.

https://sec.gov.ng/re-activities-of-an-illegal-operator-ibsmartify-nigeria/

For our Nigerian crypto enthusiast out there, just be careful of this iBSmartify, they are not registered to Nigerian SEC so chances are, the people behind can pull a exit scam and then BOOM, all your money gone.

I hope people will hear, after all their experience with TBC and the likes i hope they will ask questions before jumping in this project, just few days ago I was talking to a colleague of mine and she mentioned a new investment platform called yellow page or app i can't remember,  apparently they are helping investor's to get some percentage of their investment every 2-3 days, it sounds fishy and I told her to be careful it might be a scam but she insisted they are legit so I keep my mouth shut 
Waiting for disaster to happen 

[kryptqnick]

Re: Activities Of An Illegal Operator IBSmartify Nigeria

The attention of the Commission has been drawn to the activities of iBSmartify Nigeria the promoters of a Blockchain known as iBledger (iBcashcryptocurrency) and InksNation.

The general public is hereby advised that neither the promoters of iBSmartify Nigeria nor the illegal products they offer are registered or regulated by the Commission.

In view of the above, the general public is hereby WARNED that any person dealing with the said entity and others in the same business in any manner whatsoever, does so at his/her own risk.

https://sec.gov.ng/re-activities-of-an-illegal-operator-ibsmartify-nigeria/

For our Nigerian crypto enthusiast out there, just be careful of this iBSmartify, they are not registered to Nigerian SEC so chances are, the people behind can pull a exit scam and then BOOM, all your money gone.

There's a good chance that I'm just a person from the West that doesn't understand reality, but my idea of Nigerian governmental institutions is corruption and other crimes done by people in power. If that's not the case and Nigerian SEC is legit and really guaranteeing that no scam gets official 'green light', then it's great. I'm not saying that iBSmartify is legit, I'm just saying that not being regulated in Nigeria is probably not a big argument pro or against trustworthiness.
Now to the project itself. Google reviews of this project are very positive, but this could of course be bought. Their promises of urbanization and eradication of poverty sound great, but again might not be what it's really about. They are an NGO which is usually a good thing. It's probably a scam, but IMO not necessarily. I would not risk investing though.

[Jating]

Re: Activities Of An Illegal Operator IBSmartify Nigeria

The attention of the Commission has been drawn to the activities of iBSmartify Nigeria the promoters of a Blockchain known as iBledger (iBcashcryptocurrency) and InksNation.

The general public is hereby advised that neither the promoters of iBSmartify Nigeria nor the illegal products they offer are registered or regulated by the Commission.

In view of the above, the general public is hereby WARNED that any person dealing with the said entity and others in the same business in any manner whatsoever, does so at his/her own risk.

https://sec.gov.ng/re-activities-of-an-illegal-operator-ibsmartify-nigeria/

For our Nigerian crypto enthusiast out there, just be careful of this iBSmartify, they are not registered to Nigerian SEC so chances are, the people behind can pull a exit scam and then BOOM, all your money gone.

I hope people will hear, after all their experience with TBC and the likes i hope they will ask questions before jumping in this project, just few days ago I was talking to a colleague of mine and she mentioned a new investment platform called yellow page or app i can't remember,  apparently they are helping investor's to get some percentage of their investment every 2-3 days, it sounds fishy and I told her to be careful it might be a scam but she insisted they are legit so I keep my mouth shut 
Waiting for disaster to happen 

You already did your part to warned your friend about the looming scam that might happen to her. I think you did everything in your capacity to help here save that precious money that the scammers will steal from her.

As far as this case goes, it really's a scam, we know though that Nigerian government is corrupted so I'm not sure if they care or just doing their job to warn their people. At least when this project exit scam, they can say "I told you so". 

[Velkro]

For our Nigerian crypto enthusiast out there, just be careful of this iBSmartify, they are not registered to Nigerian SEC so chances are, the people behind can pull a exit scam and then BOOM, all your money gone.

This warnings from official institutions are usually last call or even too late to help.
Own research is king here, do it before some slow agency will do it for you coz it can be too late.