It's true and unfortunate that there are a lot of people who take advantage of others with such pump and dump schemes.

eBankX is fully self funded to date and fully regulated also. As a fully regulated exchange we ensure all projects will be fully vetted prior to any listings on the exchange.

This includes the eBankX, EBX token. We have provided full documentation to demonstrate exactly what we will do with the funds raised from the token sale.

In fact 40% of the token sale is used to fund the mining farms which will only allow the platform to grow and ensure greater liquidity is available on the platform without using 3rd party liquidity providers.