Quote from: JollyGood on January 20, 2020, 03:36:31 AM

We all have to wait until a victim accepts they were scammed then steps forward to post here with their claim - then see which way it all plays out.

The whole thing is actually set up quite intelligently to let them defend against accusations.

It's not actually a Ponzi because YoBit aren't paying out later investors using earlier deposits, because they aren't paying out anything at all. They sell the initial x number of tokens, and all later trades are between users, with early buyers selling directly to later ones. The "interest" paid is created out of thin air, because there is no blockchain or smart contract rules to abide by.

They can claim the deposits to InvestBox are 100% safe, which again, is technically not a lie. A user has to trade BTC for X10 first. Only once they own X10 can they deposit it to the InvestBox. Their X10 token is completely safe and can't be stolen since it doesn't exist, will earn 10% interest which they can create at will, and can be withdrawn to their trading wallet at any time.

The massive loss in value that all "investors" will see can be chalked up to poor market conditions - "It's not our fault if no one wants to buy our completely made up non-token".

Now, obviously anyone with a little sense can see through all this, but people with sense aren't the ones using this "InvestBox". The question is have they actually broken a written contract anywhere?