Why Coinmarketcap and Coingecko help scammers ?

[virasog]

One of the biggest and well veiled scammer exchanges is Bibox, when peoples can't take their deposits from December 22. I find on the internet some dozen posts about it on different platforms. But Coinmarketcap and Coingecko think what this phrase: "We have received multiple reports from users being unable to withdraw funds from Bibox. Please exercise caution. "which you can see in exchange description enough for disclaimer and continue place quotes of scammers. I don't think so. They undermine confidence in the crypto industry.

Bibox exchange has been running since 2017 and i have heard it through some of the YouTubers who promoted this exchange. (https://www.coingecko.com/en/exchanges/bibox). Although I never deposited at this exchange.

However, both Coingecko and Coinmarketcap have warned their viewers that if they use bibox, they may face issues. So why do you call both of these sites not doing their job of giving the right awareness about the exchange?

Since the bibox exchange do exist, they can't just remove it from their listing and even if they do, then how will people know that there are ongoing issues with this exchange. Atleast now if anyone searches bibox, he will immediately know to stay away from this exchange.

[albon]

Bibox exchange has been running since 2017 and i have heard it through some of the YouTubers who promoted this exchange. (https://www.coingecko.com/en/exchanges/bibox). Although I never deposited at this exchange.

However, both Coingecko and Coinmarketcap have warned their viewers that if they use bibox, they may face issues. So why do you call both of these sites not doing their job of giving the right awareness about the exchange?

Since the bibox exchange do exist, they can't just remove it from their listing and even if they do, then how will people know that there are ongoing issues with this exchange. Atleast now if anyone searches bibox, he will immediately know to stay away from this exchange.

I agree with you, the blame lies with these unscrupulous Youtubers who throw their subscribers and viewers to risk and to the scam exchanges they promote, and they undoubtedly received money for this paid promotion. For CMC and CGO, the listings on them are free, and any project or platform can apply by requesting a free listing, but after CMC and CGO obtain reports and feedback indicating the lack of credibility of a platform or project, they put this warning in red at the top to disclaim their full responsibility, and I think that this warning is sufficient for people to refrain from engaging in a platform or project with a bad reputation and reports.

As for the Bibox exchange, it is a bad and 100% scam exchange. They allow you to deposit your funds at the beginning easily; after that, they do not allow you to withdraw them. If you contact their poor customer service, they evade the answer. In any case, I advise everyone to stay away from this exchange, as they are not a good place to trade and for investment.

[CryptopreneurBrainboss]

One of the biggest and well veiled scammer exchanges is Bibox, when peoples can't take their deposits from December 22. I find on the internet some dozen posts about it on different platforms. But Coinmarketcap and Coingecko think what this phrase: "We have received multiple reports from users being unable to withdraw funds from Bibox. Please exercise caution. "which you can see in exchange description enough for disclaimer and continue place quotes of scammers. I don't think so. They undermine confidence in the crypto industry.

Both platforms has done their best, they have warned of the possiblity of getting a worst experience if you use the exchange, I think that along is okay as they keep the reputation of their companies safe incase the reports flowing around mightn't be true. The project could sue coinmarketcap and coingecko (let assume this was a false accusation) so both sites did the best they could, it's now left for you to do your research and make sure you don't fall victims to this scam exchange and projects in their hundreds looking for gullible newbies to scam.

Both platforma aren't investigation sits they they're mandated to give feedback reports on exchanges that are safe and those that aren't. This sites only list things relating to cryptocurency and they have done just that perfectly. Also they're not helping scammers they're only helping you technically because now more people get to see the warnings of been careful of the exchange and make decisions based on that. Also don't take recommended from this type of site or any sites at all, forums like this on Bitcoin or cryptocurrency are best places to get informations.

[CryptoBrahman]

As long as there will be fraudsters like bibox in the crypto industry and other giants will help them, crypto for the average person will be associated with fraud and will be used in most cases only by traders and for calculations to avoid taxes.

[CryptoBrahman]

Look where hosted "bibox":

Domain Name: bibox.com
Registry Domain ID: 14271455_DOMAIN_COM-VRSN
Registrar WHOIS Server: whois.godaddy.com
.

this scam hosted in US )))), I thought what that more relevant for Panama or Seychelles Islands but not in USA it's also possible.  

I understand that you may be angry at bibox.com but things really work in a slightly different way.
bibox.com domain is registered on the global registrant Godaddy.com based in the US. They do the domain registration, but they do not deal with the content of that domain and what is behind it. They are not responsible for determining whether something is a scam or not.
Globally, it means that a person from India^{for example}, can register a domain using the Godaddy service.

If you have irrefutable evidence against them, then it is best to contact the competent authorities to deal with it. Only they can request Godaddy to cancel or seize that domain.

btw. when we talk about hosting, bibox.com is behind Cloudflare.

Registrant State/Province: Arizona
Registrant Postal Code: 85284
Registrant Country: US
Registrant Phone: +1.4806242599

I look on this raws and see that bibox hoster plased in US.

[CryptoBrahman]

One of the biggest and well veiled scammer exchanges is Bibox, when peoples can't take their deposits from December 22. I find on the internet some dozen posts about it on different platforms. But Coinmarketcap and Coingecko think what this phrase: "We have received multiple reports from users being unable to withdraw funds from Bibox. Please exercise caution. "which you can see in exchange description enough for disclaimer and continue place quotes of scammers. I don't think so. They undermine confidence in the crypto industry.

However, both Coingecko and Coinmarketcap have warned their viewers that if they use bibox, they may face issues.

I didn't see something that I was warned about when coinmarketcap sent me to the bibox website based on the quotes of one of the currency pairs. Maybe I didn't see well ...

[avp2306]

They don't moderate scans so the least we can do is to do our own diligence to determine that the project is scam or not.

They also not a crypto reviewing site so don't expect them to erase the possible scam and remain those top coins. They are just listing all coins which have good volume exist, so we need to have critical thinking on our investment and never rely on others opinion about what coin or tokens is best to invest.