Pincoin and ifan. The Pincoin and iFan scams served as a stark reminder of the prevalence of...
Pincoin and ifan. The Pincoin and iFan scams served as a stark reminder of the prevalence of fraud in the crypto world and the need for greater regulation and investor education. Apr 11, 2018 · As much as $660 million may have been lost as a result of the schemes – Ifan and Pincoin – though these figures could not independently be verified as of press time. Apr 12, 2018 · Vietnam has launched an investigation into a multi-million-dollar cryptocurrency scam, ordering a crackdown on trading in the highly-popular iFan and Pincoin digital currencies in its lightly Apr 12, 2018 · The operators of the purported ‘cryptocurrency’ startups fundamentally conducted multi-level marketing schemes, local news outlet Tuoi Tre News reports, pointing the finger at Pincoin and Ifan Apr 13, 2018 · The Pincoin and iFan ICO scams have become the biggest in cryptocurrency history, highlighting the need for financial education in the crypto community. The incident prompted authorities in Vietnam to take action against fraudulent cryptocurrency schemes, but the scars left by the scams continued to linger for years to come. A deep dive into the Pincoin and iFan scam by Modern Tech, exploring how billions vanished and what victims endured. Oct 28, 2020 · According to a report from Vietnam, the team behind the Pincoin and iFan initial coin offerings consist of seven Vietnamese nationals that lured investors by holding conferences in Hanoi, Ho Chi Apr 12, 2018 · Shady business model Ifan was advertised as “the most advanced social network” targeted towards celebrities and artists, to help them connect in a better way with their fans. Mar 4, 2021 · Vietnamese authorities have asked local ministries and the police to investigate two allegedly fraudulent initial coin offerings (ICOs) that conned 32,000 investors out of a staggering $660 million. The operators of the purported ‘cryptocurrency’ startups fundamentally conducted multi-level marketing schemes, local news outlet Tuoi Tre News reports, pointing the finger at Pincoin and Ifan Apr 13, 2018 · The company first ran the Pincoin ICO, promising constant returns to investors, and then launched another token, iFan (a social network token for celebrities). The value of the cryptocurrency is said to rise “on a daily basis” as the company invites more Vietnamese singers to join the network. . jrb wql rhfwta bdzvf ozehiya yogp oxzyj veaaohj ezpt csqkym