Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO] 🔵 UTRUST 🔵 The future of online payments is here.
by
Alainmona
on 14/11/2017, 15:25:53 UTC

Why has the community Utrust team not answered this important question! Why do they keep avoiding the issue:

Quote
Why is the director of UTRUST Switzerland AG, Marc Philipp Brühwiler [1], who apparently was involved in a financial scam in 2004 [2] not listed on your web site? What is his relation to your team?

Looks like they don't want to answer.

It's a C/O (Care off address) so the building is most likely a brass plate company residence. This is not uncommon. They're decision to register in Switzerland is probably due to a better tax rates and the fact it's a mecca for finance (think Wolf of Wall street) which might suit any legal delectation of monies raised during the ICO.

http://www.businessdictionary.com/definition/brassplate-company.html

That is exactly the term I was looking for. The biggest companies and most famous people in the world take advantage of them, including Apple, Amazon and Queen Elizabeth. Just look at the Paradise Papers and their predecessors.

That's exactly what you want to be associated to when you're selling trust, tax evasion and shell companies. Then you can as well use Paypal.


I really hope Kakumei can answer these questions here. These are some serious accusations and I really can't think of a reason why they should have their company registered under the name of someone like Marc Philipp Brühwiler ...

Still waiting on answers from the uTrust team. I'm sure there's a simple explanation such as similar names coincidence. Please Kakumei, clarify any ambiguity associated with this project.

This is a worry that no one is addressing these issues and when ever it is brought up there is loads of nonsense posts about exchanges trying to drown it out. It really is starting to look very dodgy. I really hope it is not.

I agree it does seem relatively sketchy but chances are we're being overtly paranoid due to the countless ICO scams that have happened before. However, it is our money we're pouring  in so we completely have a right to be paranoid. I honestly hope that the morals of this team is to genuinely produce a quality platform that can compete as the PayPal of cryptocurrencies and ensure security to their investors. I'll be lurking this thread as I have been in hopes that Kakumei or the uTrust team can elaborate and provide the transparency that I've seen them provide.