The CloudToken/CloudWallet/Cloud2.0 Scam
Its a copy of TrustToken from China but this time made in Malaysia. Im sure Steemit users were not even aware of it or use it but seems this thing is googled a lot so this will help to spread REAL WORD about it.
Cloud Token 2.0 or Cloud Token is a ponzi scheme. Of course people who invest into it dont read signs or are new into Bitcoin business so dont even know whats going on.
They offer a "super wallet" that pays you even 10% a month for holding coins. Yet it pays you that 10% in their own token CTO which you cannot withdrawal right now (since a month).
How do they make money? They claim they do arbitrage on Binance and other exchanges.
Then out of it they pay you their own token that you exchanges to BTC and withdrawal. Of course, this stopped working.
So their CEO claimed he has all those BTCs and volumes. Thing is, its a personal account so he couldn't do arbitrage with it legally. Also soon after the post...
CEO of Binance said its fake.
Pretty much its obvious for everyone who is into crypto that Cloud 2.0 is a pozni scheme asnd scam but it looks like they heid a lot of articles and add new ones saying how legit they are.
All people who promote this system are also scammers who are paidf from the top. Its not gonna be as big as PlusToken ponzi but still big enough to have an impact on the market.
Really Make Passive Crypto Way
While CloudToken promises to make money from arbitrage there are real ways to make money - from lending your crypto on legal places ie made by Gemini. There is a list of some systems like that here - https://fuk.io/best-bitcoin-lending-sites-btc-loans-lend-cryptocurrency/ easy 10 USD in BTC right away if you use the coupons.
DOWNLOAD FREE EBOOK - PASSIVE INCOME FROM CRYPTOCURRENCY HODLING
Join My Official Discord Crypto/Steemit Group - https://discord.gg/Ma3VCxj
Follow, Resteem and VOTE UP @kingscrown creator of Best Bitcoin Lending Sites – BTC Loans, Lend Cryptocurrency with unique newsletter and hidden tips for subscribers! |
 |
|---|
Damn I wonder how much btc they'll get. Trust has like 100K btc
seems some asians of steem invested to them and try to hide facts
Thanks for showing
Posted using Partiko Android
we have fans of scams who try them to not be exposed and invested to this ponzis - @trafalgar @kevinwong
do NOT ever listen to what they offer as they are scammers who will get you investing to Ponzi schemes where you will loose
what are you talking about throwing trafalgar and my name around like that?
the only time i remember reading about this on https://steemit.com/cryptocurrency/@cheah/cloud-token-money-machine-or-scamcoin which looks like an mlm scam.
you downvoted this post to make its exposure smaller. this means you are not happy i wrote that its a ponzi and im trying to get word out
You are so stupid it hurts.
thats what mom told u before kicking out of home?
no she said you're used to having different men be there on a weekly basis
how can that be the case when i upvoted that 2-month old post i linked up earlier in my comment above, which is a firsthand experience reporting of the same scam? the downvote here is just part of a reward disagreement trail that I'm following. there's nothing malicious about it. hope you understand.
allright @kevinwong - maybe it was just a bad coincidence then. no idea what auto triggered ur bot and bot of @trafalgar then.
correlation =! causation so i admit i could be wrong, still i think scam posts should be exposed not downvoted.
Recently I received a notorious comment on a post on this token that I wrote about 6 months ago:
https://steemit.com/india/@seest/re-xyzashu-scam-aleert-cloud-token-cto-is-a-ponzi-scheme-20191022t232412519z
I didn't find it worthy to reply. I hope you too will get a similar comment ;)
look how scammers @trafalgar @kevinwong also try to hide this data
what are you talking about throwing trafalgar and my name around like that and calling us scammers all of a sudden?
the only time i remember reading about this on https://steemit.com/cryptocurrency/@cheah/cloud-token-money-machine-or-scamcoin which looks like an mlm scam.