With this post I would like to make everyone aware of my experience with COINSBIT.IO
They ripped us 1 BTC for their so called investbox in August 2019 that would be the solution to raise within 1.5 month enough funds to start by them the IEO, upon our question if we need additional marketing as our budget is tight they answered that the success of our token depends on their exchange and that we dont need to worrie.
Everything sounds great and we decided after many email correspondence with many promising details from Coinsbit.io to pay the requested 1 BTC in that time 10.000 usd, after the payment everything went downwards, we got blamed, stating that it is our fault that we didnt do any marketing, actually the total opposit as what Coinsbit told us pre-payment.
Here we knew that we where robbed by Coinsbit, we communicated towards Coinsbit, we used every email addresses from Coinsbit.io telegram channels but everything we said and wrote everything went straight to the scammers, they are 1 group and all are involved.
I actually was thinking there is a manager that would pickup a escalation, nothing of that is true, promised account manager none provided, after payment I was left in the cold, they achieved their goal, thats to take 1 BTC, it doesnt stop there, without trade orders the amount of 67000 IGOS tokens was in circulation with value of around 1 BTC that time a value of 6700 usd, 1 token was 10 cents, i created a ticket on 4 Januari for this, till date its not solved, this June i receive a Answer, we dont know its your trade, also my second ticket from 4 January is solved this June after 6 months to pay my 0.8 ETH.
I have sended a PDF to the manager board and support from COINSBIT.IO with parts of the email and telegram communication what is ignored that i would like to share with all through below link, also the fact of the 6700usd token circulation as well their answer.
In our contract was stated listing on investbox, they didnt kept their promises and removed it in December 2019, the target to raise within 1.5 month sufficient amount to start IEO was just a joke, but you can see how unprofessional COINSBIT.IO is after they received money.
So what is in the pdf:
1. Ambiguous about their product
2. Exagerate what their product can do for us, time frame of the amount we can raise with their services
3. Proof of payment included with their confirmation upon payment
4. After Payment: Stating that our success and development depends on our community and marketing that contradicts statement pre-payment.
5. Pre-Payment: Stating upon our question point 3.3 that our succes and development of our coins depends on their exchange, not mentioning that it depends on our community or marketing (hiding important information for us to making a buying decision)
And much more.
Additional links to online pictures of the circulation and communication and partial contract in regards to the investbox.
Additional links with topics related to COINSBIT.IO SCAM
Will I receive the amount back from COINSBIT.IO I dont think so, they not have moral and their goal is to gain money from innocent projects as their Exchange has no Volume at all, all are bots and manipulated by COINSBIT.IO their members are Bounty hunters that are after Airdrops, Nothing else.
Damage I have due to COINSBIT.IO = 16.700 USD be aware!
Pictures:
1: breach of contract by Coinsbit
2: other project that stated that Coinsbit stole the money
3: fraud by market manipulation (second criminal act what makes it able to trace everyone from Coinsbit even after they announce themself bankrupt) you can check with your big lawyer, proof of the trades that not correspondence with the amount in roulation, calculation you can make by yourself smartie.
4: Third criminal act using my tokens to gain profit without informing me.
5: Fourth criminal act not paying me the amount for its circulation
And many more info to share Soon!
So now you can show your evidence that Coinsbit is so professional and will become the next Binance!
https://ibb.co/6w3CMDq https://ibb.co/fSwbtBg https://ibb.co/Hxc6ckY https://ibb.co/C8yVcpH https://ibb.co/y4Rzc6S https://ibb.co/QKZ9wGM Plus another treath: https://bitcointalk.org/index.php?topic=5195285
Hash of payment 1 BTC to COINSBIT.IO : 27e13add06a80483e14c952417aba8ae37edf7bbe2514f2553795f95436cae6a
Below treath is very interesting, especially page 145 till 150, they communicate exactly as I experienced with them throughout telegram, and guys they are Rude after they received the money.
https://bitcointalk.org/index.php?topic=5185065.new;topicseen#newPDF what i have sent to all available email adresses including Telegram group chat specific for the IGO project "ZERO responds from them", not even a apology for the inconvenience and miscommunication, instead of admit and working for a solution they stay silence!
https://www.scribd.com/document/465724221/COINSBIT-IO-SCAM Best regards,
Umit - Inventor IGO Portable Safety Device