Post
Topic
Board Altcoin Discussion
Re: characteristics of fraudulent projects
by
X-ray
on 01/10/2019, 12:09:56 UTC
when investors and the crypto community already believed, but the team said differently!
- The team did not respond well to the crypto community.
- The team is very shady and does not provide updates about their projects on the telegram & social media channels.
- The team plans to take a vacation
- The team blocked accounts one by one from each community who questioned about the development of the project.
- and finally you are banned in this group  Grin

it's so annoying, how you feel?  Roll Eyes
All in the list that you have mentioned is absolutely true that most of the team members are making a lot of false excuses when some of the investors are starting to ask questions about the project. It is the reason why a lot of investors are starting to lose their trust in ICO projects because of this fraudulent projects.
One thing need to be noted is the fraudulent project usually have a team that's very lazy and they seems to only have limited people who are responsible for connecting to their "fake" community.
I've been talking with so many developers including the shady ones and the lazy characteristic is usually what makes me refrain from joining their project, it seems like they are coming unprepared and just want to grab the money.