Post
Topic
Board Scam Accusations
Merits 1 from 1 user
Re: 16xypjnxlrew trying to scam in exchange section
by
Pmalek
on 23/07/2022, 09:09:57 UTC
⭐ Merited by JayJuanGee (1)
I doubt anyone will oppose the flag. You have not scammed anyone, that is true. At least not to our knowledge. But you have tried to misrepresent the value of your USTC tokens by saying 1 USTC = 1 USDT. That's not true and that's a lie. The fact is, 1 USTC is less than $0.04 right now. Your assumption that 1 USTC might one day be worth 1 USDT doesn't matter.

The way your exchange thread is structured right now, it's obvious that you are looking for a victim to dump your Terra on, while you take their USDT. The scam (attempt) is in your misrepresentation of the token's value.

If I make a thread and say I want to buy 1 BTC for $50, however 1 BTC = $23.000, that's my right to do so. I haven't scammed anyone. If there is someone willing to accept such awful rates, that's still not a scam. I send you $50, you send me 1 BTC and we have both held up our end of the bargain. It goes the other way around as well. If I am willing to spend $100.000 to buy 1 BTC, that's my right to do that. You can't call my trading partner a scammer because he got a good deal out of it.
 
It's a completely different story if I make an attempt to misrepresent the value of my crypto and say something like: I want to exchange $50 for 1 BTC because 1 BTC = $50. That's a lie! It isn't. And if asked for the reason why I am offering such ridiculous terms, I go on to say that in the future 1 BTC might be worth just $50. That's just my speculative opinion. An attempt to scam is still there!