Crypto Academy is not only theory experts will help you EARN MONEY AFTER COURSE. At first they fulfilled their promises and paid the amount in cash which makes it look genuine.

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Especially ONLY IN IFAN this training course is FREE for everyone.

Ifan cryptocurrency. The ICOs Ifan and Pincoin according to Vietnams Tuoi Tre News. This scam was executed by a Vietnamese cryptocurrency company known as Modern Tech which launched an ICO for its Pincoin token raising a whopping 660 million from approximately 32000 people. Cryptocurrencies have been commonly associated with wealth.

Vietnam Investigates Alleged 660 Million ICO Fraud of Pincoin Ifan Samburaj Das in Headlines Markets News Opinions April 12 2018 324 PM Vietnamese authorities have asked local ministries and the police to investigate two allegedly fraudulent initial coin offerings ICOs that conned 32000 investors out of a staggering 660 million. Many people think that this is an easy and novel method to make a mountain of money in a short time although this is rather far from the truth. The Pincoin ICO came first where investors were promised guaranteed constant returns.

Scams are nothing new in the world of initial coin offerings ICO but recently in Vietnam the largest alleged scam connected to an ICO has been pulled off by two blockchain firms Ifan and Pincoin. She referenced the USD 660 million iFanPincoin scam which emerged in April 2018 in Vietnam pointing out that even large companies that focus on security such as Twitter are not invulnerable to fraud and further underlined that cryptocurrency policy varies widely around the world contrasting Chinas ban on its mining and refusal to recognise it as legal tender with Japans treatment of cryptocurrencies. If you are looking for stocks with good return IFAN Financial Inc stock can be a bad high-risk 1-year investment option.

Pincoin and iFan were the two ICO schemes in which over 32000 investors had invested in. Contact Support Advertising. Based on an average daily trading volume of 63223400 shares the days-to-cover ratio is presently 00 days.

Oliver additionally spoke of cryptocurrency as many criminals cost methodology of selection and the ensuing rising rush to manage and hint it in addition to the growing acceptance of cryptocurrency within the wider world neighborhood comparable to El Salvadors adoption of Bitcoin as authorized tender and sharing an anecdote throughout his current journey to Antigua the place he. Modern Tech introduced iFan as a virtual currency used for showbiz related services. Cryptocurrencies is not usually a method of making money but it is the money itselfSponsored Sponsored However scammers all.

The same company came up with another ICO under the name of iFan which was pitched as a social network token for celebrities. They also give bonuses to investors that bring other people which I believe sounds familiar right. After investors noticed that something was wrong they started to protest outside the companys offices demanding their funds back.

Recurring Payment and Data Processing. IFAN Financial saw a increase in short interest during the month of June. Pincoin and iFan comfortably stole 660 million from thousands of investors.

Both cryptocurrencies launched their ICOs in November-December last year. Pincoin and iFan profit in the amount of 600 millions. You will be handheld by professionals step by step until you earn money from the crypto.

Fly around the world with cryptocurrency is real now. IFAN Financial Inc real time quote is equal to 00210 USD at 2021-07-01 but your current investment may be devalued in the future. As of June 15th there was short interest totaling 219700 shares an increase of 7823 from the May 31st total of 24900 shares.

GLOBAL PAYMENT Partnership with VisaMaster iFan lets you convert and spend your assets with your mind at ease whether locally or. The police chief of Ho Chi Minh City commented that all cryptocurrencies and transactions in cryptocurrencies are illegal in Vietnam we havent officially launched an investigation until we receive accusations from any of the alleged victims. The two firms together have allegedly duped 32000 investors for around VND 15 trillion 660.

IFan had proposed to sell 10 million coins at varying prices from 16 to 68 per coin in its first crowdsale last year. They claimed that Modern Tech advertised the cryptocurrency iFan to potential investors promising them huge monthly interest of at least 48 percent in. To build trust iFan and Pincoin were billed as international cryptocurrencies originating in Singapore and India.

However just four months after it was introduced iFan collapsed leaving no international transaction value. Fast Crypto Charts. Get Our PREMIUM Forecast Now from ONLY 849.

One of the biggest scams in crypto history was organized through the ICOs of Pincoin and iFan.


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