Today Monero Gold was outed as a fraud token. Here is the message from CoinExchange.IO
https://medium.com/@support_51806/monero-gold-xmrg-statement-de163e73c610
Upon further investigation we regret to inform the community that it appears that the developers are responsible for
this fraudulent activity. We have come to this conclusion because of the following points:
1 — The XMRG token was created by the following Ethereum address: https://etherscan.io/address/0x70c17961abaaa470a2629825de50475fe4d8ab9d
2 — The XMRG token creation (by the address above) txid: https://etherscan.io/tx/0xbda1e865fcaa7ee5bb709f6b829cc9532a8062b1ebc9b50af8c8491476b1a075
3 — The same address was also resposible for the recent creation of a very large number of tokens, please see the following transaction: https://etherscan.io/tx/0xd1955ccec2f0e7a9a86c8dd4b9161265b0348fb3c7436a98e107c68e381c76ac
The frauds behind Monero Gold put the icing on the cake by then uploading the following meme to their site.
To everyone out there investing in placing their faith in Crypto, PLEASE be safe and due your due diligence on every and all investments.
I am looking at it last friday and consider to buy some of it. It was my lucky day, may two days vacation was an off grid challenge I did not buy anything. Thanks my friend for the warning.
You and me both. I saw it was doing well on CoinExchange a couple days back and was thinking about getting some till I saw it was a token with no technical specs or dev input. I'm really thankful I didn't now.
Never Never buy tokens 90% of these ICO are pure scams!
Yeah its enabled a boatload of scam artist an easy way to market.
Congratulations @ablacknerd! You have completed the following achievement on Steemit and have been rewarded with new badge(s) :
Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word
STOP