MultiversX Tracker is Live!

A BSC shitcoin “CEO” [serious]ly sold his house and is now suing Crypto.com because they got phished by a scammer.

All Cryptocurrencies

by COINS NEWS 101 Views

This is probably one of the weirder stories to come out of the past week.

Listing scams. They’re everywhere. Basically, scammers will impersonate a Cryptocurrency exchange and then contact fledgling cryptocurrencies hoping to charge them a fee to list on their exchange. Of course, it’s a scam and they just run off with the moolah while everyone else is left wondering WTF happened.

From our own experience getting Moons listed on exchanges, lower ranked exchanges usually want about $50,000 to proceed with listing.

I’m going to introduce you to a no-name, no-volume, no-hype shitcoin in the Safemoon scam ecosystem called “Glow” - don’t even ask me what this token is supposed to do because I simply don’t give enough of a shit to even look at it, it’s a dumb high tax reflections token, and it of course has a chart that looks like a fuckin’ ski slope.

So glow were apparently approached by “crypto.com” who seemed very interested in listing this aforementioned no-volume, no-hype Glow token, and Glow team were evidently so thrilled that they were getting listed the CEO himself noted and then skipped over TWO red flags - the scammers accidentally called themselves MEXC ????

So the scammers got away with at least $75,000 according to the first page of the court doc, and Glow token, realising they had been bamboozled, are now, wait for it…

TAKING CRYPTO.COM TO COURT FOR, AND I QUOTE…

breach of contract, conversion, negligent infliction of emotional distress, vicarious liability and unjust enrichment.

Here’s a statement from Glow confirming they’ve sold a house to pay for legal costs.

This is one of those things you just refuse to process… let me lay down the series of events here..

  • Glow Token are approached by scammers pretending to be Crypto.com AKA CDC
  • CDC scammers I assume direct them to various forms of spoofed verification
  • Glow fail to perform due diligence and send CDC scammers at least $75,000
  • Glow realise they got hot and have now partnered with some ropey law firm to sue CDC for “breach of contract”
  • In order to pay the legal costs the CEO had to sell his house? Wtf.
  • CDC were never in contract with Glow so what the fuck is the game plan here?!

Absolutely bizarre, but to be honest I expect nothing less than rank stupidity by a bunch of people LARP’ing as CEO’s and teaming up with Safemoon.

submitted by /u/TNGSystems
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.



Comments