Post
Topic
Board Announcements (Altcoins)
Re: [ANN-ICO][LITHIUM][XLTH] ICO LIVE - 78% SOLD OUT - ONLY 5M COINS LEFT
by
mvl
on 20/01/2017, 07:59:15 UTC
In hindsight there are many red flags. Tbh I invested some BTC in this project, but if I look back that was a stupid decision.

  • Code is not published/auditable
  • Only level 3 investors get the exchange code
  • Virtually no information about the people behind the coin
  • Ridiculous claims about 10000% profits are not unlikely. That alone of course is a big red flag.
Then a warning for everyone who created an account for the BETA version of the exchange: I have seen the exchange source code (which is crappy as hell), and your passwords are stored in plain text and can be read by the dev. If you used a password that you also use for other accounts, make sure you change the password at the other accounts (better is not to re-use passwords).

Of course, the same goes for your passwords at other parts of the site: the wallet, the ICO part, etc. You cannot be sure your information is safe.