Cryptocurrency projects scamlist. Let's fill it together!

in bitcoin •  8 years ago 


I am starting the list with Redex.red!

Some time ago i've received numerous invitations to join the redex.red project. The revolutionary mlm cryptocurrency project, bitcoin, bullish trend, bla-bla-bla social network, bla-bla-bla, great services, bla-bla-bla, great profits, start with 0.005 btc and earn up to 1837 or so... As far as i know that there are many scams around shouting about revolutions and fantastic innovations and profits so i've decided to make my own investigation in redex.red. More than 300.000 active users and it's growing! Hmmm...

What are they promoting?

  1. Secure bitcoin wallet, no fee, 30-60 seconds operations. Debit card, usb hardwallet after verification
  2. Blog service
  3. Cloud file hosting
  4. Video hosting
  5. Some other shit)))

1. Bitcoin wallet rdxco.in!

Bitcoin wallet... ooookay. How are you going to monetize bitcoin wallet service with almost zero fees? Debit cards, mmm. okaaaay may be it's possible to make some money from fees that users pay to use debit cards, but this is not enough to make your 0.005 btc into 1800+. Right? Ooooh, other services? Let's try to have a look at them.

2. Blogs jblog.red! " Create your super duper site bla-bla-bla... blog"

Let's take a look. The first thing i've done is "view page source".
After it opened i've taken the piece of the code and googled it in order to find the similar code on the web if it ever exists. And what i found? Similar code is present in another site mozello.com! Mmm, the question is who copied who) Not a complicated one. Let's check the domains creation data:

jblog.red whois Creation Date: 2016-07-16.
mozello.com whois Creation Date:01-mar-2012

Domain jblog.red is far younger than mozello.com so obviously that the jblog.red is our copyrat. There could be only two possible reasons for that. The first one is that the redex.red is just a reseller of Mozello's product, why not if you have a great network of users who are interested in making their own. And the second possibility is that redex.red have just stolen the code. So i've sent a mail to Mozello representatives about the case. The answer made it all clear. Here it is:

"Hello! Thank you for your message. We are informed about this service and have already sent request to the certain authorities to take the measures. Unfortunately this process is not so fast as we would like to, but we do hope that soon this website will be closed. This is really unpleasant situation since our clients may be misguided. We do appreciate your concern, and one more time - that you for contacting us!"

Isn't it good Norwegean weed?))) ha-ha.

Not a good way to make serious innovative business, don't ya think so?

3. Cloud storage ufiles.red!

2.8 GB free space. Wonderful! Perfect! Innovative new age! Let's try to register and upload something. I've decided to upload something great. A porn movie will be just fine for such a great company to store. But the disappointment awaited around the next corner. The super service refused to upload the movie, cause of 500 mb per file limitation. What a pity. Huh let's follow the rules and upload something more modest - a 200 mb shortfilm about web crimes.
And... it didn't work, the service tried to upload the file but couldn't and told me to "please, come yesterday". I've tried to love you ufiles.red, but you really sucks! There a tonnes of such shit on the web. turtlefile.com for example. It promises to give up to 1Tb of free storage, but really it's the same shit. May be they are just gathering user passwords, dunno, there a lot of smart folks that uses the same passwords for everything. Profit?;) Not for Redex.red users for sure.

4. Videohosting [mebe.tv].

Based on video cms v.4. Nothing special to speak of. It's a clone of youtube, not a bad one though, but it's hard to monetize that service without any ads but there isn't any.

5. We are in deep shit already... no need to go deeper, bro)))


100% Scam alert!


If you know other scam projects or if you have any suspicions about and want me make a research just

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

A huge amount of this shit.
And not only in investment-projects: boxes, matrix, posters with the "lessons", "super, mega, exclusive, original," and so on ...
And it conducted the people ...
Why create them?
In addition to fraud, hacking passwords and other frauds noticed just not thought out business plan. It may simply was not. Often, a good programmer is not a good economist, manager. And ask for help, accept criticism, the organizers draw ... Do not, "pride", "greatness" ... or simply stupidity and greed.