The national cryptocurrency of Turkey turned out to be a Scam
Source:
The Turkish "national" cryptocurrency Turcoin was a classic pyramid scheme. The creators of "alternative" digital currency left the country with millions of dollars of defrauded investors. The company behind the development of the token stopped paying dividends in June. It is reported .
thenational cryptocurrency – Scam
Turcoin was advertised as a "Bitcoin killer". Ahead of the main cryptocurrency alithinou and failed – the developers of the coins just disappeared with the money of his investors. The creation Turcoin had a company Hipper A. Ş, founded by Muhammad Satiroglu and Sadun Kaya.
The Principle of "national cryptocurrencies" are painfully familiar. Every new member of the network pays money to those who registered them in the system. Accordingly, for profit needed to attract new referrals. In the end, the financial pyramid collapsed, and its founders left the country.
This Turcoin received much attention from the press last year. The developers organized events, which visited well-known Turkish celebrities. In Hipper even played 20 luxury cars among the early investors coins.
The Project ceased to pay dividends to investors in early June. Desperate investors are trying to get through to head office in Istanbul. The website Hipper still works and offers the services of cloud mining.
According to local media, the leadership of the Hipper left the country with one billion Turkish liras, which is equivalent to 200 million dollars. Many investors promised unconditional monthly income equivalent to $ 50 for contribution in the amount of $ 300. After no response from the company angry investors smashed the Hipper branch in Kocaeli.
One of the founders of the cryptocurrency Muhammad Satiroglu rejects charges in the address. He claims to blame his partner, Sadun Kaya, who disappeared from the country with all the money. Satiroglu even joined a criminal suit against Kaya.
I was only a middleman. The company does not have a single dollar in the Bank. All the money was secretly transferred to the accounts of Kaya in Cyprus.
According to local press reports, Kaia refuses from put forward against him. The businessman promised to compensate all the losses of investors as soon as the Turkish authorities unfreeze his Bank accounts.
Recommended
the long-awaited summer. Niche cryptocurrency supported the event and gave unusually hot week. During the last seven days, we learned about the new line of graphics cards from AMD, the mining in TON and hard forks . In addition dealt with the profita...
Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam
co-Owner Bitcoin.org and most popular forum about cryptocurrency Bitcointalk.org Cobra called Coinbase Scam Pro trading platform American crypto currency exchange Coinbase. In his tweet he wrote «if you read Coinbase Pro backwards, get the word ...
The Ethereum is a cryptocurrency Scam. A new report Chainalysis
When people learned how to create a new cryptocurrency and began to build their infrastructure like marketplaces, in the field began to appear and fraud. According to blockchain auditor Chainalysis for the past two years, fraud in the ecosystem has s...
Related News
How to support the cryptocurrency. The Example Of Malta
Some countries have started to turn into a Paradise for cryptocurrencies and their owners. Among them is Malta. Prime Minister Joseph Muscat supported the development of blockchain and cryptocurrency as the new Chairman of the ban...
At the end of April, the largest cryptocurrency exchange in South Korea Bithumb financial performance 2017. Profit trading platform amounted to 312 million dollars. Now exchange hacked — hackers stole about 31.5 million dollars in...
Hackers broke into an Internet cafe and earned 800 thousand dollars on a hidden mining
the hacker Group colluded with a local security firm, reports . Attackers take advantage of it and hacked the computers in the Internet cafe for mining cryptocurrency. a Hidden mining altcoins. A new test case Police in Zhejiang p...
Japanese village will hold its first municipal ICO
the Residents of the suburban village of Kalinovo, almost from the currency. They are settled with each other in the cryptocurrency Colon, which was created by the farmer Mikhail Shlyapnikov. Capitalization of the coin is $ 3.7 mi...
Waiting for pump: exchange eToro salistie Cardano
the eToro Platform added Cardano for trading with the dollar. A list of other cryptocurrency exchanges include BTC, BCH, ETH, XRP, DASH, LTC, NEO and XLM. Recall that eToro is a service with 10 million active users. It is reported...
the European-Asian economic community (EAEC) should work together to develop legislation in the sphere of regulation of cryptocurrency and the blockchain. This was stated by the Minister for integration and macroeconomics of the E...
Dogecoin is showing impressive results – the cryptocurrency almost three times more useful Bitcoin Cash. The popularity of the coins has skyrocketed in the background holding the fork Dogethereum at the end of 2018. It is reported...
What is sharding? Explain the solution the scalability of Ethereum
Imagine that you are sitting in the great hall and write the exam, along with another 500 people. For example, 50 teachers observe and evaluate the exams. Imagine that each of these 500 examinees will need to pass all 50 teachers ...
In Russia, the demand for experts in the field of blockchain and cryptocurrency
the Statistics of search queries shows strong demand for Russian specialists in the field of blockchain, said . Most employers offer to interview for a job in banks or IT companies. Competition among future cryptoexpert is also gr...
In London will deliver the first performance of bitcoin
In March, a startup reality show on smart contracts with the main prize of Ethereum. Participants buy characters and in the form of a game are the quests for survival. The last player left alive gets a few hundred coins. London t...
In new York city were allowed to trade Bitcoin. The market reacted growth
on Monday, the price of Bitcoin spiked on the news about the decision of the new York Department of financial services, reports . Earlier, the institution was allowed to use the Cash app for trading Bitcoin within the state. the t...
To what level will drop the Bitcoin? The views from Russian analysts
Bitcoin is still below $ 7000 dollars, the experts see no reason for trend change in the next week. For the first time since the autumn of last year the main cryptocurrency could fall below $ 6,000. It is reported . the Bitcoin wi...
Blockchain. As you explore transaction with browsers network Blockchain Explorer?
Cryptocurrencies like anonymous, but in fact this statement is not entirely true. On the one hand, Yes, the owner Ethereum address 0xa63e0f0a2a35aa1058e7161fc8ced9b79cb1d564 unknown, but you can watch it all. Who sent who sent it ...
Bitcoin Cash can be won in a comic game
Dominic Frisby has become the leading new show in the UK. In the game participants try to give the correct answers to the questions. You can win money, silver bullion and bitcoin. About the show says . the Game for cryptocurrency ...
Why Bitcoin, Ripple and other cryptocurrencies cheaper. The explanation of the experts
a Couple of months ago a Bitcoin could be sold for 20 thousand dollars. He rose to this level, along with other cryptocurrencies, some of which showed an increase of 1000 percent. The timing was great, but nobody knew what to expe...
One of the world's largest financial institutions, the Bank for international settlements (BIS) questioned the future of the blockchain and cryptocurrency. According to representatives of the organization, the increase in computin...
Chapter eToro: cryptocurrency is reminiscent of Apple in 2001
Since the advent of Bitcoin in 2009, experts and analysts repeatedly said that the coin will soon cease to exist. The situation in the cryptocurrency market were compared with different events in the history of Finance — the Tulip...
Russian blockchain startup Ubex became a member of the incubator Nvidia
In late February, Nvidia Corporation of the intention to increase the production of graphics cards due to their scarcity and significant price increases. Now the company has added to its incubator Russian blockchain startup Ubex, ...
The Department for education has no plans to turn the blockchain into the school curriculum
Despite the rapid spread of courses in the blockchain, the UK Department of education eliminates the opportunity of studying cryptocurrency in schools. Instead, students will prepare the new curricula in mathematics and financial ...
Bitcoin wallet and handing it. How not to lose money
Will Tell a simple language about the delivery in the wallets of Bitcoin and other cryptocurrencies. Since most cryptocurrency wallets are forks (clones) of the Core Bitcoin wallet, they work the same way. While we worked on t...
Comments (0)
This article has no comment, be the first!