WE ARE PUTTING TOGETHER EVIDENCE AND WE ARE GETTING EVIDENCE FROM OTHER COMPANIES WHO GOT SCAMMED. STAY TUNED!
As many of you know, Crypto Market Ads (CMA) project had IEO on IDAX.pro exchange recently. First time it was canceled by IDAX.pro because we do not agreed on their terms (they called us hours before IEO, we have voice call recordings). They wanted to simulate all the sales in 1 hour time!
We tried to get refund, but unsuccessfully, they and our users pushed on us to do IEO anyway, to see what IDAX.pro will do.
NOTE: WE DO NOT AGREED ON SIMULATION!
So on June 17–18 we had IEO, which was simulated by IDAX.pro and we do not raised funds OR the funds raised were taken by IDAX.pro because we saw only 2 ETH in our account!
Long story short…
We got scammed by the IDAX.pro exchange for 10 BTC!
Many other projects that have been doing IEO on IDAX.pro recently have been scammed for even more - up to 30 BTC each (we have 7 projects with us, who got scammed as well).
As we are fighting fraud in crypto industry, this is field of our company and we are starting legal action against IDAX.pro to prosecute their criminal group through general prosecutor’s office.
We will list a few points that we will discuss in the upcoming days:
IDAX.pro is simulating investments for IEO projects — basically they raise anywhere from few hundred to few thousands dollars. IDAX simulates that project’s raise million of dollars in an hour or two to attract new startups and scam them. It is all a big, coordinated fraud done by Chinese criminal group.
On May 16, 2019 IDAX becomes a member of CoinMarketCap Transparency DATA Alliance. https://medium.com/@to.liuwen/idax-has-become-a-member-of-coinmarketcap-transparency-data-alliance-4dc027216f7d
This could also be the end of CoinMarketCap as they are working with scammers and their data is not reliable, it is mostly fake!
IDAX Has become a Member of CoinMarketCap Transparency DATA Alliance
Coinmarketcap.com is working together with scammer exchanges!
We have collected as much evidence of this as possible from:
Telegram chatting (making the deal — they changed the terms very often. At first we agreed to do IEO fundraising for 5 days, then after a week they said they will do it for 2 days and 1 day before IEO they said they will do it for 2 hours (each round 1 hour), and they will simulate the fundraising (audio proof will be posted) to make it look like we raise million in no time.
When we found out about this we asked for refund for weeks and we did not get anything back as they were willing to keep our BTC they scammed out of us.
We have started a group for projects that were scammed by IDAX for IEO fundraising to make this issue known in the whole crypto space!
Evidence will be posted soon, and for any new project out there that wants to do IEO, DO NOT DO IEO on IDAX! We are sure that that 95% of other exchanges are also practicing the same fraud!
Read 44. page about IDAX.pro fake volume: https://sec.gov/comments/sr-nysearca-2019-01/srnysearca201901-5164833-183434.pdf
IDAX.pro has no real trade going on, the trading volume is fake, CoinMarketCap works with scammers and we have yet to find a legit exchange. We are either going to open our own exchange, or we are going to get on Binance or we are going to get on a decentralised exchange for trading purposes.
More info about this incident and updates about the future development of our project coming soon!
Make ICO’s great again!
Website:
https://www.cryptomarketads.com/
Connect with us here:
Telegram: https://t.me/CryptoMarketAdsOfficial
Discord: https://discordapp.com/invite/vQ7hmTd