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PSA: massive red flags with Acala Polkadot project happening right now

PSA: massive red flags with Acala Polkadot project happening right now

All Cryptocurrencies

by COINS NEWS 10 Views

The acala network has started a pre sale of its tokens for “early investors” or whatever they are calling it. They are emailing people and asking for kyc and to deposit btc.

I was banned from the telegram group for advising caution to people. This is a CLEAR CASH GRAB IN A HOT MARKET. The founders are at this point SELLING A STORY with NO working product!

Acala is SUPPOSED to be launching via a crowdloan using the polkadot blockchain. This is veeery strange for a project that is launching like that.

I was excited about this project but this shit is downright sketchy. Advise extreme caution.

This shit smells like 2017 all around. Do not like it one bit. We are at the height of a bull market.

https://imgur.com/a/JefeMdP

Edit: I am not saying acala is a scam. Not at all. What Im saying is that the ico’s continue to happen which is taking advantage of gullible people in a bull market.

submitted by /u/Sovereign_Mind
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