Real people, real projects, but.. SCAM!

in #cryptocurrency8 years ago (edited)

Early this morning I was alerted by a poolmaster that another poolmaster, kongbtc, had made away with some 700 ETH worth of Initial Coin Offering (ICO) pool money.

kongbtc is quite well known in the ICO circles for his ICO review spreadsheets. His telegram group has 600-700 followers. Recently he started pooling ICOs. Today, the admin of the group deleted his account and disappeared with the ETH.

The pools were of real ICOs, but the person in charge of the funds got greedy and made a quick exit. See that's what happens when Telegram is being used for anonymity. Nobody knows who is behind a telegram username. People can just disappear in the blink of an eye.

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