Scam Alert: Fake ICO in China

Posted by AdEx Network on October 12th, 2018

Insights

Once again, it’s that unfortunate time where we have to warn you to protect yourselves from scams.

First off, we have to start by saying that the AdEx Contribution Campaign was over by the end of June 2017. Anyone who is offering you participation in any token sale event supposedly run by AdEx is scamming you!

We have been notified recently that someone has been conducting a fraudulent AdEx ICO in China. They use pictures and videos of us to additionally help their cause.

In June 2018, we were approached by an individual who wanted to meet with us to discuss a potential partnership. Me (Ivo) and my co-founder Dimo met with that individual and his associate over lunch and dinner. They offered us community management services, and we politely refused. We never entered into any agreement with them, formal or otherwise.

Since then, we have not heard from those individuals, until we were informed of this by a member of our community.

To summarize:

  1. Anyone claiming to be running an ICO associated with AdEx is lying
  2. Stick to the official website https://www.adex.network, this Medium blog, and our Twitter. Do not trust any other source!
  3. AdEx Network OÜ will NOT approach you in regards to any token sale
  4. We have no agreement or relation with the individuals pretending to be running an AdEx ICO in China

We urge our community to help us to circulate this message to as many community members as you know.

Finally, we want to add how disturbing it is that this is happening. Things like this are precisely what skeptics use against cryptocurrencies, blockchain and our community — and they do have a point, things like this really do happen often. We are committed to doing everything in our power to (1) inform our community and (2) approached our legal counselors on taking the necessary actions

GPG Signed version of this message: https://gist.github.com/Ivshti/7c47ef2ce8a28274f32b88402bf20eda

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UPDATE: Chinese translation:
警告!假冒AdEx币风险提示

我们近期了解到有人在中国进行假冒AdEx币进行诈骗的活动。过程中使用了我们的照片和录像。

我们警示:AdEx募集活动于2017年6月底已经终止。现在任何以AdEx名义的发币活动都是诈骗性质的。行用我们照片和录像的行为没有经过授权,属于盗用我们的名义和肖像。

请注意:

  • 任何人声称与AdEx有关的ICO活动都是谎言
  • 认准官方网址https://www.adex.network, 本布告栏,和我们的推特。不要相信任何其他的消息来源!
  • AdEx Network OÜ会与您联系销售事宜。
  • 任何运行AdEx在中国ICO的人与我们没有任何协议或其他关系,均为假冒。

我们促请成员们向您认识的所有成员扩散本消息,勿周知。


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