Reddit users are true detectives

Home » ICO RATING » Reddit users are true detectives
Reddit users are true detectives

Buying food for hungry children in Venezuela seems like a noble endeavour. But Reddit users found such a charity pretty suspicious and turned out to be right. It turned out to be a scam, which had been collecting cryptocurrency for poor Venezuelan children.

It all started with a fake photo of the children, which was of a very poor quality and appeared to be a flipped version of the original picture taken by the real non-profit organization, which was truly providing humanitarian support to children, requiring medicines and food.

But a fake image was nothing in comparison to the Bitcoin address posted.  This address lead nowhere else but to the online casino. The author of the campaign was trying to justify that the casino was a security matter, to avoid regulation and taxes in Venezuela.

Users managed to donate around 0.064 BTC or $600 at current prices, which, unfortunately, went to pay off the author’s of the campaign gambling debts.

  • bitcoinBitcoin$3,948.87
  • ethereumEthereum$146.69
  • rippleXRP$0.326139
  • tetherTether$1.00
  • eosEOS$3.83
  • stellarStellar$0.089059
  • litecoinLitecoin$50.87
  • cardanoCardano$0.046990
  • tronTRON$0.024862
  • moneroMonero$49.91
  • iotaIOTA$0.310052
  • nemNEM$0.043356
  • dashDash$86.95
  • neoNEO$9.07
IBM used blockchain to ship 28 tons of citrus fruits from China to Singapore
On the eve of the Chinese New Year celebration, the technological giant IBM delivered 28 tons of oranges and tangerines from China to Singapore. When issuing a bill of lading confirming the contract of shipment, the blockchain technology was used, reports CoinDesk. IBM experts note that the electronic bill of lading (e-BL) has accelerated administrative […]
2019-02-19 0 12
What Can I Buy with BTC and What Sites Use It?
In the autumn of 2017 cryptocurrency fever triggered a high interest among trade agents in using BTC as payment method both for online and offline commerce. People were thrilled and excited. Searches on Google like “where to pay with bitcoin”, “where to spend bitcoin”, “bitcoin stores” were most frequent those days.  Unfortunately, raising fees for […]
2019-02-18 0 39
The media confirmed the launch date of the test network Telegram Open Network
The Telegram Open Network (TON) blockchain platform, behind which the popular messenger operator stands, is 90% complete, and the launch of the test network is scheduled for the end of March 2019. It is reported by The Block, with reference to the report received by the investors of the project. As the newspaper notes, Telegram […]
2019-02-11 0 15
Media: the cost of the Telegram internal cryptocurrency could reach $ 30 billion
By the end of 2019, the total cost of the internal token Gram of the blockchain project Telegram Open Network (TON) could reach $ 29.5 billion. The Bell reports with reference to the report HASH Crypto Investment Bank. According to the investment company, the target cost of 1 Gram token by the end of 2019 […]
2019-02-07 0 11
© 2017–2018