Crypto Exit Scam of the Month: ACChain Blacklist Employees Steal $60 Million from Investors

2018-8-9 19:53

Another ICO bites the dust, this time it brings investors crashing down with it, in the tune of some $60 million.

A Reddit post by crypto-user Slinterface started the discussion on the theft by ACChain. The blacklist founders of the company, a dozen or so individuals are now ghost with over $60m in hard earned cash collected from unfortunate investors.

A photo posted shows the emptied office that leaves no traces of the cyber-criminals’ whereabouts. Suspicious rumors about the event speak of a sudden exit of the building by employees who work for Guiyang Blockchain Financial Co Ltd. and Shenzhen Victory Blockchain Ltd. When the fast escape happened, the group left so quickly; they didn't even take the computers which held the information on the platform. Instead, witnesses reported seeing several men looking like members of an organized crime family, entering the building to “clean up any evidence” left behind by the group of blacklisted employees.

Reddit users claim the company’s social media accounts are still up and running, apparently void of any updates, however. Any attempts made to contact members of the team have produced no response, solidifying the accusations that a scam has taken place.

Numbers on how much money the thieves took varies, but we know for sure it is somewhere between $44m and $60m – in any case, it's a large sum of money – leaving a large group of investors frustrated and even broke. After further investigation, it seems the company locations are entirely fictitious, many people are now speculating on the authenticity of the team.

For the sake of potentially protecting investors, here is a list of names on the company roster: Jia Wan, Qing Feng Shan, Joe F. Attrux, Genevieve Leveille, Serena Yin, Ben Gibbons, Cheng Jun Piao, Hao Tian Yu, Jing Zhu Zhao.

Names are now available with images (you can see on the Reddit thread), in an attempt to help authorities, locate the cyber-criminals. Investors who come across any of these names should be wary and contact the proper authorities immediately. As for the identity of the men in black who confiscated the computer hardware from the office, guesses are in the air, but no one knows for sure.

Have you ever been ripped off because of a fraudulent ICO? If so, leave your answers in the comment section below.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

ACChain (ACC) на Currencies.ru

$ 0.0050877 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0.0050877 - H: $0.0050877
Капитализация $0 Rank 99999
Цена в час новости $ 0.0646491 (-92.13%)

investors million blacklist acchain company founders dozen

investors million → Результатов: 126


Eastern Metal Securities Fraudster Gets Extradited from Thailand for Having Victimized Investors of Over $11 Million in BTC

On Monday, November 18, 2019, the U. S. Department of Justice (DOJ) reported on a case that involved victimizing investors. In particular, it was found that Swedish Citizen, Roger Nils-Jonas Karlsson and his firm, Eastern Metal Securities, were able to trick investors of $11 million combined.

2019-11-20 02:18


Фото:

Hedera Hashgraph Raises $100 Million; Seeking Another $20 Million via Crowdsale

The Hedera Hashgraph alternative blockchain platform has successfully raised $100 million through a future token sale targeted at institutional investors. As first reported by VentureBeat on August 1, 2018, the Hedera Hashgraph team is primed to use the funds to develop a new distributed public ledger that would be faster, more secure, and more efficient, than current blockchain systems.

2018-8-4 12:00


CabbageTech’s Patrick McDonnell $11 Million Cryptocurrency Scam Details

The $11 million scam: How Patrick McDonnell's one-man crypto scam will cost him dearly Patrick McDonnell, the one-man band behind CabbageTech, must have believed himself to be the cryptocurrency world's Frank Abagnale after setting up the company which scammed a large number of investors out of their Bitcoin in exchange trading advice. While McDonnell must […]

2018-7-31 09:05


Фото:

Cryptocurrency Mining Firm Founder Swindles $35 Million of Investor Funds after Citing Low Profitability and Rising Expenses

The founder of a Vietnamese cryptocurrency firm has allegedly fled after swindling investors to the tune of millions, as reported by VNExpress on July 29, 2018. Millions Stolen Investors and board members of the Ho Chi Minh City-based mining company, Sky Mining, are claiming to be victims of a fraud case after the company’s founder, Le Minh Tam, went missing.

2018-7-31 09:00


Фото:

Cryptocurrency Mining Firm Founder Swindles $35 Million of Investor Funds After Citing Low Profitability and Rising Expenses

The founder of a Vietnamese cryptocurrency firm has allegedly fled after swindling investors to the tune of millions, as reported by VNExpress on July 29, 2018. Millions Stolen Investors and board members of the Ho Chi Minh City-based mining company, Sky Mining, are claiming to be victims of a fraud case after the company’s founder, Le Minh Tam, went missing.

2018-7-31 09:00


Report: Less than 6 Percent of British Cryptocurrency Investors Make Profits

The exponential rise in the use of cryptocurrency is no news, as different altcoins have sprung up, since the successful creation of the world’s flagship cryptocurrency, bitcoin, in 2009. A report from a London-based investment group has thus delivered a technical knockout to the over 20 million Brits who are currently in the business of […] The post Report: Less than 6 Percent of British Cryptocurrency Investors Make Profits appeared first on ZyCrypto.

2018-7-29 22:39