Re: Reasons why you shouldn't invest in ABBC(Alibaba coin)

Quote from: eternalgloom on August 14, 2019, 09:23:18 AM

Quote from: cryptolover11 on August 14, 2019, 07:22:00 AM

I never really heard of ABBC (https://www.crypto-rating.com/crypto-currencies/abbc/) before, but it's so annoying that they are using the name of a big company as a scam. If people don't know they are not associated, this could lead to some very bad investments, so thank you for sharing

They've removed all references to Alibaba from their website and other promotion materials.
Alibaba sued them and they eventually settled out of court.

Doesn't make it a great coin, still subject to a lot of price manipulation in my opinion.

every team now freely to write big name company in their site to attract investors.this is wrong way and illegal strategy to decieve cryptocurrency community.many example from past projects, they have problem with SEC while write popular name to their projects without any confirmation at all.and now we know this projects will be scam projects if from beginning deceive people.