Post
Topic
Board Bitcoin Discussion
Re: "Better than bitcoin" altcoin sellers arrested for stealing $340 million
by
snapter
on 13/04/2015, 21:57:46 UTC
...

3. Maxcoin - isn't this the Max Keiser coin? So how does that make it a scam? I've paid less attention to it, but again, how do you justify calling it a scam?

....

It's a clone of Blakecoin, when it launched they didn't change all the names from Blakecoin to Maxcoin, so when you encrypted the wallet, it displayed a warning that if you forget your passcode, you may lose all your Blakecoins.

Being badly cloned doesn't necessarily make it a scam, but it starts you wondering.