Re: Scam Alert : Crypviser (CVCoin/CVN/CVNX) scam, CEO and admins illegally seized
I think we need a little bit more context here. I peeked around their ann thread, the two of them, granted I didn't spent time reading each and every posts on the 100+ page combined. But from what I gathered, they've been around since 2016, their ICO price waa 0.36, jumping to 20 is rather an achievement, IMO, and if today's price is 0.06, that is not necessarily translates as a rug-pull. Hence, more context and proofs.
On the other hand, as I read your screenshots, do I understand correctly that your situation was they're having a swap and you got banned with your outstanding balance annuled due to badmouthing about them?
On the other hand, as I read your screenshots, do I understand correctly that your situation was they're having a swap and you got banned with your outstanding balance annuled due to badmouthing about them?
Yes, it increased in price to $20, but that was thanks to the market and another very important issue: all the holders who stored the tokens for long on Bitshare were unable to transfer the Bitshare network Cvcoin to the network. ERC 20 . This conversion is buggy since 2019 due to Openledger's demise and these bastards delayed till the end of 2021 after this shit coin reverted back to 0.05 usd new for new token conversion.
That's why this token listed on 2 exchanges Huobi and HiBTC but only Huobi increased to 20$ while HiBTC price is still only about 0.1$.
And most users store Cvcoin in BTS network because it is the original token and most of the people can't convert to ERC20 to sell at that time, except for the guys in the development team who already hold a big bag of tokens in ERC20 format
And of course, with a big bag of Cvcoin Erc20, these guys are not stupid to not sell all their shit coins at peak prices and blame all the Chinese investors for selling because Huobi blocked users from China. Then re-issue a new ERC20 token to continue raising capital, a perfect move to both have money and not sound like a scam
And after swapping to the new ERC 20 token, it increased the supply to 60 million and with all the holders now able to sell, you think it has a chance to rise again?
I was furious spamming his 100 sub reddit channel because he banned me from telegram group and slandered me as a scammer after I criticized his work attitude and weak leadership which made me angry. all the old investors can't make any profit after a long time and the project doesn't have any significant progress, this is very normal.
You are investors, you put money to invest in their project and you don't have the right to supervise and criticize for poor performance, this is a joke. It is because of this that many scam projects hide in the shade of shitcoin to get money from investors.
And just like you said, just because of some spam on reddit these guys didn't convert and confiscate all the coins I bought legally and spread on telegram that I am a scammer in blacklist. What a joke
I think we are once again need some further details --I think I can actually dig the info myself if I spare some time, but I am not in the mood of diving into hundreds of thousands of convo. Does this increment in total supply also followed by the same swap ratio, i.e. 1 of the old token will be swapped to X times of the new ones? If it is, then their action is quite justified as it not uncommon for a project to swap token and change their total supply and compensate the old holders by giving the exact same swap ratio.
As for the banning, I forgot to write this on my previous post, is there a ToS specifying the "FUD spreading" like they claimed? Although I personally think such ToS --if exist-- is riddiculous and completely non sense, but if you've agreed to it, then the case here was you've violated an agreement which is punishable like the action they took. I am referring to this part of convo
