[Warning] S3 Wallet- plagiarised whitepaper and website content, possible ponzi!

[Rikafip]

What happened: S3 Wallet plagiarize parts of their whitepaper by taking few different articles without providing any reference. Additionally, this kinda looks like a ponzi scheme hiding behind just another multi crypto currency wallet, as they offer high up to 13/5 % monthly profit effortlessly.

Flag Type 1 https://bitcointalk.org/index.php?action=trust;flag=2385

ANN https://bitcointalk.org/index.php?topic=5281112.msg55348647;boardseen#new
Archive https://archive.fo/Lt3cK

Website https://www.s3global.io/#About
Archive https://archive.fo/unF4U

Sources: https://medium.com/coinmonks/what-the-hell-is-blockchain-and-how-does-it-works-simplified-b9372ecc26ef
             https://www.smartdatacollective.com/top-advantages-blockchain-for-businesses/
             https://medium.com/@fastinvest/the-most-comprehensive-cryptocurrency-wallet-guide-5e820a26ed44

Domain Name: S3GLOBAL.IO
Registry Domain ID: D503300001183370080-LRMS
Registrar WHOIS Server: whois.godaddy.com
Registrar URL: http://www.godaddy.com
Updated Date: 2020-04-26T20:41:24Z
Creation Date: 2020-02-26T08:40:09Z

These are part of copied content. On the left you can see S3 whitepaper, while article is on the right side








And this is how they advertise their project via YouTube. First they scare people with Covid, and then they offer S3 as a solution for all financial problems, all you have to do is to download their wallet and send your crypto on it. They offer up to 13.5 % monthly profit by staking, and that kind of ROI enters into ponzi scheme numbers.
S3 Global || EFFORTLESSLY EARN MONEY WITH S3 GLOBAL DURING COVID-19 LOCKDOWN

[1715380398]

1715380398

[qwertyup23]

I actually checked their Whitepaper and it was heavily plagiarized from various websites. Mostly, they got their information from Wikipedia and they did not even bother to cite or make a reference list. Well regardless, they copy-pasted almost every content from their Whitepaper.

Thank you for creating a scam accusation against them, Rikaflip.

[Furious 7]

What is clear is that S3 Wallet runs a ponzi scheme like what I saw by Rikafip's catch, but to convince them to make a whitepaper and all that the result of this plagiarism is ridiculous what they do, they are still caught looking for victims with this trick.

But I am not surprised by the ponzi scheme that is always applied in various ways and that is how scamer can attract victims to glance at it, for this catch is fast by Rikafip.

[sharos]

Profit upto 13.5% per month!! It’s very difficult to believe. Whitepaper content copied from some popular website. We need to avoiding their wallet. Maybe they are looking latoken to launch their IEO: https://bitcointalk.org/index.php?topic=5281703.0

[dkbit98]

Flag supported.
I had to watch their sci-fi video and it is interesting they talk more about covid19 than anything else, and after many repeats looks like have solution for all worldwide covid19 problems and that is S3 global 
They never mention how exactly magical S3 will do this....

[TheUltraElite]

Like if anyone did generate a method to get such a high return they would become a millionaire by generating money out of thin air. People who are going to fall for this will have been either dumbed by some tricks.

Many times the scammers and their associates use cryptocurrency and its rise in price as a surrogate proof for claiming their methods to be legit. That is the reason why people should learn more about how crypto works and then take any such decisions whether to put their money in or not.

A bit late from my side, but flagNTag completed

[Rikafip]

I had to watch their sci-fi video and it is interesting they talk more about covid19 than anything else, and after many repeats looks like have solution for all worldwide covid19 problems and that is S3 global  

That's exactly their angle, trying to sell this idea by convincing people that there is an easy and safe way to make money during covid19 pandemic. You just sit at home and earn 13.5 % each month by doing basically nothing. Easy peasy, what could go wrong...

They never mention how exactly magical S3 will do this....

True, but we all know the source - new users that get sucked into this, and as it's always the case with similar ponzie schemes, it will go on till there is constant influx of fresh money. Well them, and "Award Winning Entrepreneur "  S3 CEO, Mr Dallas Badri.

A bit late from my side, but flagNTag completed

Nah you are not late, I gave it a few days before creating a flag, just did it this morning.