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Author Topic: KuСoin. Crouching Token, Hidden Team  (Read 45 times)
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April 07, 2018, 07:20:12 PM

The classic way to cheat a cryptoinvestor is to launch a scam ICO, collect the cash and get the hell out of Dodge. But there are a couple more perfectly viable options: making shitty forks and talking out of your arse to anyone that will listen about the fact that your startup has raised tons of money, so that the masses will buy your shitty tokens. Both of these schemes require high-quality support from cryptocurrency media and loyal exchanges. You buy a couple of nice articles, put your shitcoin on an exchange and then start the pump. The exchange rate grows like Jack’s beanstalk, so the lemmings fall for it and squander their BTC and ETH. Then after a suitable amount of time, they start tearing their hair out, smash their laptops against their 50-inch plasmas, go on a bender, leave their family and generally go off the rails.

Pumps/dumps and other financial pyramids are nothing new – they’re as old as the hills and always find a willing customer. But we are adamantly opposed to any fraud involving blockchain. It really is a breakthrough technology that is capable of changing the world for the better. Piggybacking on its reputation and passing cons off as blockchain startups is the eighth deadly sin. And we’re going to fight it like John Doe.

Anyway, we recently wrote some stuff about Revain’s pumps. Our attention was drawn to the KuCoin exchange. It was the venue for the Russian scam’s manipulations and its promotions that gave away Lamborghinis and bitcoins for the biggest investments. Look at the trading volume. Then you can have another look at our first research on Revain. Now it’s quite possible you’re thinking that the world is exclusively populated by idiots.

Read more here:сoin-crouching-token-hidden-team/
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