Quote from: iner on February 08, 2019, 03:57:35 AM

24 hours ago they stole 40 coins from this project. They just disappeared from the pool, and now more than 12 hours have passed since the payment was made.

you should stop your involvement with this coin, then.

Quote from: betchip on January 04, 2019, 05:03:09 PM

You're talking about Magellan, not Betchip. Two separate entities

It's not. The coin was developed and launched by Magellan. Magellan International was formerly known as CGI Limited, which was a MLM scam:

"The websites for CGI Limited and Coinsinos are very similar in appearance, and the main MLM opportunity appears to come through Coinsinos. As such, thats how Ill refer to the company from here on out.

Cryptocurrency is the niche Coinsinos has chosen to operate in, and its domain name for its website was registered on November 11, 2017. However, because the registration was done privately, its impossible for me to see who the owner of the domain is or where in the world the registration took place.

Lorence Irvine and Daniel Grenon are the two co-founders for Coinsinos, with Grenon acting as CEO and Grenon taking up the duties of Chief Marketing Officer...

As for Daniel Grenon, he used to have heavy involvement with OneCoin.

OneCoin was a huge Ponzi scheme, and Grenon was one of the companys top earners prior to his arrest in late 2016 at an event OneCoin was holding.

Grenon then went on to launch Worldwide Cryptocurrency Investment with Edward Hartley following his time at OneCoin, but after Hartley died in July of 2017, the company was renamed to Worldwide Cryptocurrency International.

The company now goes by World Cryptocurrency and claims to be a program you can trust. Even so, it continues to operate as a Ponzi scheme."

Basically this coin was developed by people who take advantage of others for a living. They have no morals and their sole purpose in life seems to be stealing money from their customers.