Post
Topic
Board Scam Accusations
Re: [tagged in red] BetKing.io broke ICO promise and dropped token value 99%
by
JollyGood
on 23/03/2019, 20:13:31 UTC
Good luck with your next ICO scam (bitsafe was it?), you might want to create a new identity though if you want to scam people, as "Dean Nolan" is a bit tarnished now and people will see it coming.
On November 30, 2018, I received a "Latest news" email from BetKing:
Quote
Future of BKB and BetKing
 
BetKing will be moving away from gambling and rebranding to become a Bitcoin bank, exchange and payment processor.
 
We have already began work on this and we will launch in q1 of 2019. See https://bitsafe.io for more details and a working demo of the app.
 
Once the new site is live BKB will be converted to BTSC (BitSafe Coin) automatically using the exchange rate of both tokens at the time.
 
BTSC has similar utility to BKB in that it can be used to pay trade fees, merchant fees and any other fees on the BitSafe platform.
 
BitSafe will also use 40% of it's quarterly profit to buy back BTSC on the BitSafe exchange.
 
We believe these changes are best for BKB token holders and our future success together.

On January 28, 2019, I received another email from BetKing:
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We are moving our token to the EOS platform and doing an airdrop to EOS token holders allowing us to reach a whole new market of players.

Existing BKB holders will be able to convert BKB for the new token.
 
​We are launching a new exchange, design and games as well as hourly leaderboard promos and hourly dividends to token holders.
 
We feel these changes combine the best of traditional off chain crytpo casinos with new on chain DApp based games and provide a whole new unique product.

For full details on all the changes, how the new token works read the whitepaper here for all the details.
 
https://medium.com/@BetKingIO/betking-eos-airdrop-whitepaper-f2834324d57c
I didn't realize until now that these are different tokens!



Quote
no one here seems to understand that
You've given many different pieces of incomplete information, and sometimes change posts afterwards.


Wait.....

So when you received the email on November 30, 2018 stating betking was going to close and be rebranded to "bitsafe" it means this scammer Dean Nolan was using betking ICO funds to pay developers to create "bitsafe" when those funds should have been used specifically for betking !

What a serial scammer low-life Dean Nolan is.