Post
Topic
Board Announcements (Altcoins)
Re: [ANN][RACE] PoW / Masternodes, Lyra2REv2, ASIC-Resistant, Increasing High MN Rew
by
ViperGuyMike
on 05/05/2018, 16:40:45 UTC
The most recent devs that said they were taking over were actually offering a coin swap. The bad thing is that they want RACE that can be sold on an exchange, and are giving you another new coin with no exchanges. There is nothing to keep them from creating a clone coin real quick and just selling everyone's RACE when you give them your coins for the swap, and then walking away as a quick exit scam. They don't even have to invest in an exchange to sell the coins.

Now I am not saying that is what they are doing, I am just pointing out the risks of a coin swap like this.