Covesting ICO Scam Report – Covesting ICO Fraud Alert – Covesting ICO Reviews – Covesting ICO Complaint
Watch the Video Review ! Post your Anonymous Complaints & Reviews Today about COVESTING ICO
Beware of COVESTING ICO , take into consideration that ICO are unregulated ,and do not provide protection to investors ,in case of fraud or loss.
ICO — the hottest craze in cryptocurrencies — is an ‘absolute scam,’ Wikipedia Founder Jimmy Wales says .
On this webpage you can post anonymous reviews and complaints about COVESTING ICO .
Do you have financial information to share about COVESTING ICO ? Please email it to us at [email protected] , we will publish it , in a 100% anonymous way . If you have any serious information about criminal activities connected to COVESTING ICO , we will pay you 1 Bitcoin for valuable inside information .
The Hacking Team will monitor from now on , 24 hours a day , the financial reputation of COVESTING and the people involved in this company, and will notify you about every complaints, Reviews, Scams, Lawsuits, Frauds reported online.
Get helpful information regarding, allegedly unethical financial practices, connected to the COVESTING websites .
After a careful evaluation it looks like COVESTING , has no clear business plans. And while investors might hope that the COVESTING tokens appreciate in value, as those in the bitcoin and Ethereum networks have done, that may not ever happen . The SEC is on the lookout for pump-and-dump schemes , and we will pass them our reports about COVESTING ICO .
Before buying tokens at COVESTING , please check first , our reviews page , you will find always the most updated information about COVESTING , including existing lawsuits records , bankruptcy, legal issues , negative articles, negative comments, negative customer complaints, scam reports , fraud alerts ,arrest records ,negative blogs , negative forum posts , negative mentioning ,negative reviews.
Victim of an ICO Scam ? You sent them money and now cannot withdraw it ? If you want your money back from the ICO you invested in , contact us at [email protected] , our criminal investigators will contact them and take back your money . We are here to help all ICO victims !
We looked the team up. We did not limit ourselves to Facebook and LinkedIn profiles, and tried to find more social activity from them. We runned a full background check on every person involved in COVESTING ICO .
There is no trace of discussions, participation in any groups or projects — it is a red flag. We invite you to Investigate the core team behind the project. Find out if the team members actually exist , who they really are , what they have done till those days , when they opened their LinkedIn accounts , etc… Do they have a track record or experience that is relevant to the project that is verifiable? In the COVESTING ICO case , the answer is negative .
Are you confident that the team has the ability to deliver versus what is promised and are the goals achievable? The Answer is NO !!
We investigated the legal side. Look up at the website domain , the real registration address, their offices location — we even sent an offline mail to the office mentioned .
We even googled the cell number and e-mails that are connected to the COVESTING ICO team — and found traces of previous activities in the far corners of the web, that told us a lot about the team members .
You can also easily check if they are a real member of the Bitcoin community through a very handy feature on Bitcointalk, the most popular cryptocurrency forum out there where this projects are usually announced.
Speaking about the COVESTING ICO theme, or their business concept, we really do not think there’s a market for that kind of product and even if there is , there are stong rivals in the field already . Scam can be seen by an over optimistic or too general description and this is what happened with COVESTING ICO .
After SEC & MAS reports, everybody knows one can’t just issue ‘randomcoins’. So if a token is not supported by anything (i.e bonuses, ecosystem, company share etc), its issuer might be a scam. So how the COVESTING ICO tokens are actually backed up ? Good Question indeed !
Be sure to check the past track record of the team and learn about any of the completed projects that are available to you.
For the more technically inclined, check whether the project’s code is open for scrutiny on github.
The COVESTING ICO project’s code appears to be cloned from another token/app , this means it is likely to be a scam.
Before investing in COVESTING ICO : Put questions towards the project team and draw conclusions from the types of responses you receive or discussions you read in these forms.
Are the project developers open to dialogue?
Are they forthcoming or are they evasive? ( Check by yourself ….you will not like what you hear )
Are responses specific or do the parties involved speak in generalities? ( Generalities from what we found out )
Do they come off as overly optimistic? YES , they are !
Good question you must ask yourself before buying their COVESTING tokens are :
“Could this project be accomplished using a token that is already in existence, such as Ether?
“Is the creation of a new token necessary?”
According to our analysts the COVESTING project will not be able to acquire a share of the market space , with their product innovation or services.
How long has the COVESTING project been in development? Nobody really knows .
The COVESTING project has no substantial record of progress over several months and has only recently appeared, this is a sign to be very cautious.
Is the token supported or projected to be supported on more than one exchange now or in the near future? Very Difficult to answer in COVESTING case .
How will the tokens be used, by whom and are there any indications of support coming from the market? We do not know !!
We have a lot of unanswered question regarding the COVESTING ICO :
Will there a cap on the maximum amount of coins that will ever be produced, like bitcoin, or will there be a steady increases in the number of tokens issued over time that could effect the value of all tokens in the future?
How will the token be used in the network and is it even necessary?
From what we read online the COVESTING ICO , often makes bold claims about their product even though said project offers nothing new or disruptive.
No serious team will ever make a price prediction about their token or claim it can fix the world. But the COVESTING ICO team did exactly that on their website . AGAIN RED FLAG .
The COVESTING ICO whitepaper is a real Buzzword salads , looks good , but when you actually sit down to digest it, this ICO taste like vague claims and empty promises.
You do not only want to see a very thorough whitepaper, but also look for a variety of complementary resources such as SWOT analysis, financial model, wallet design, competitor analysis, institutional studies, and more
We anayzed the matter and there is NOT a strong business case for COVESTING technology.
When evaluating the COVESTING ICO, the good first question to ask is: “Do they need a blockchain or a native token for this project?” The answer is no to both, chances are the ICO project is an example of solutionism — crypto for crypto’s sake — or a scam.
ICOs will usually have an escrow to hold user’s funds during the ICO and after. So keep an eye out for the Escrow participants and the escrow conditions. This may save you some money. We do not think that the X startup is using the top Escrow service . And if it’s not, it can be a good indicator about the ICO being a non-authentic one.
Ask them the right questions before investing even one single dollar in the COVESTING ICO .
While there are definitely some companies building innovative things on top of blockchains (and in the crypto space generally), there are many fraudulent groups who are looking for a quick cash grab. The field can be even more confusing to navigate when malicious groups get celebrity endorsements. Surely a trusted face would vet whoever they support?
Realize that even if a blockchain startup passes all of these tests, it doesn’t mean for certain that they aren’t trying to scam investors out of their money.
One thing that you should not forget to check on is what people are talking about the COVESTING ICO which you are interested. If you have any doubt, you can simply put an open ended question on the forum asking people their opinions.
All the discussions here will be a great indicator about the COVESTING ICO being an authentic one.
You can go to Bitcoin Talk or Reddit for such information.
And no matter how alert you remain, there will be a few people in coming times who will con even the smartest of you but as the market matures, the probability of an ICO being a fraudulent one will decrease and ultimately reach a null value.
REMEMBER : If something seems like a scam, it probably is.
Submit your story about the COVESTING ICO , on our web site for free, for millions to see.
If you have any kind of information about COVESTING ICO , that connects them to financial scams , online frauds and investor’s complaints , let us know !
Wall Street’s top regulator has a warning for mom-and-pop investors who are rushing into the booming market for initial coin offerings: the space is probably full of fraud.
The Wolf of Wall Street Thinks that ICOs Are ‘The Biggest Scam Ever’
We will make sure that every person ,that will search information on Google, about COVESTING ICO , will find , first of all , your review . Our Reviews are top level ranked on Google, Yahoo and Bing , and we constantly show up on every possible search term , related to COVESTING ICO .
The Hacking Team is a top level crowd sourced review site , the main difference between us and other complaints and reviews sites is that , we monitor the companies issuing I C Os , 24 hours a day , and report every single piece of negative information published about them online .
Post your Anonymous Complaints & Reviews Today about COVESTING ICO .
Tags : covesting ico review , covesting ico rating , covesting bitcointalk , https://covesting.io/ ,
The Securities and Exchange Commission (SEC) announced news on Monday (Dec. 4) that it obtained an emergency asset freeze to stop an initial coin offering (ICO) fraud that has already raised $15 million from thousands of investors since August.
The move is the first enforcement action for the SEC’s new Cyber Unit. The fraud prevention program was created in September to look at misconduct involving distributed ledger technology, ICOs, the spread of false information through digital and social media and hacking.
In a press release, the SEC said the fast-moving cryptocurrency scam promised investors a 13-fold profit in under a month. The move was against Quebec securities law violator, Dominic Lacroix, and his company, PlexCorps, which the SEC contends marketed and sold securities via an ICO dubbed PlexCoin. The company claimed the investment would give them 1,354 percent profit in under 29 days. The SEC also charged Lacroix’s partner, Sabrina Paradis-Royer, in connection with the scheme.
“This first Cyber Unit case hits all of the characteristics of a full-fledged cyber scam and is exactly the kind of misconduct the unit will be pursuing,” said Robert Cohen, chief of the Cyber Unit, in the press release. “We acted quickly to protect retail investors from this initial coin offering’s false promises.” The SEC obtained an emergency court order to freeze the assets of PlexCorps, Lacroix and Paradis-Royer.
In the complaint, the SEC charged Lacroix, Paradis-Royer and PlexCorps with violating anti-fraud provisions, and Lacroix and PlexCorps with violating the registration provision of the U.S. federal securities laws. The SEC wants permanent injunctions and disgorgement, plus interest and penalties. For Lacroix, the SEC also seeks an officer-and-director bar and a bar from offering digital securities against Lacroix and Paradis-Royer, the SEC said in the release.
For months now the SEC and regulators around the world have been warning about the risks associated with ICOs. Because ICOs aren’t regulated, investors can easily lose all their money, which appears to be the case in this ICO-related enforcement action.
Launch your ICO in 2 weeks ! Do you want to issue your company’s new Bitcoin ?
Do an Initial Coin Offering!
We will show you How to Launch a Successful ICO .
New Sophisticated Bitcoin Mining Technology . Start Mining Bitcoins from your Home or Office . Click the Link Below :
THE FUTURE OF BITCOIN MINING : New Advanced Method for mining Bitcoins
Do you need to remove negative articles from Google ? Do You need to Clean up your Online Reputation ? Contact the leading Online Reputation Management Agency today .