This alert is too late for anybody who already invested, and for that I'm sorry.
Their plan was simple and effective, like all the best ones are. First they put up a very convincing website that claimed to be able to provide users from all over the world with crypto debit cards. Then they started their ICO and promised to have the first set of cards shipped by halfway through the ICO so that they could look credible. Third, they put up videos of themselves using their so-called Hashcard at McDonalds and everything looked peachy. Then, when it came time to prove their claims, they shut down their ICO and ran off will 4 million dollars worth of crypto. Ouch.
How do we know for sure that it's a scam? Inconsistencies.
The first sign that things were off was their supposed deal with a 'secret Asian bank' which allowed them to convert crypto to fiat instantly. Of course, if they don't show the bank name then their claims can't be confirmed and they can continue to collect ICO money until the first cards are shipped. The cards from the first shipment should have arrived a few days later but they didn't, which is how the first investors knew for certain that they'd been had. The demo card in their videos was probably a cloned card. Once it became clear that no cards were arriving the cons at Hashcard shut down their ICO and claimed that it was caused by FUD and somehow, they managed to reverse the mail on the cards that were sent off which is why they never arrived. That's absolute bullshit because you cannot reverse standard mail and the admins made it clear on numerous occasions that they were shipped with standard mail. Any claims for attempts to continue are just more lies so that they can buy time.
The second sign that things were off came with their proposed exchange listings. Bancor was fooled as well from the beginning and they actually did integrate the Hashcard token for a minute before the crypto-community cried foul and they delisted it. Binance supposedly agreed to list their tokens as well however some people questioned Binance about this and the officials from Binance were quick to point out that this was blatant bullshit. The admins came up with some colorful lies but the damage was already done and the Hashcard Telegram group was flooded with people warning others about the fact that this was a scam. The flood of scam reports was so high that the admins couldn't cope and simply stopped showing up on the group. A couple of days later, this message showed up on the site.
At this point you're thinking "It's your fault for getting scammed, you should've done your due diligence" and you're right, but this scam was ready for that. They somehow managed to get 'the experts' at ICO Bench to give them a 4.5/5 star rating. My advice for anyone for anyone who ever trusts the ratings on that site ever again- don't, because they clearly don't know what the fuck they are doing. ICO Bench downgraded the ICO rating to 2.6 a few weeks later but by then the damage was done.
The admins in question on this blatant scam are Powel Goch, Karol Kozlowski and Vasiliy Gulyar. These names could of course be fake however their faces were seen publicly promoting their scam so we can be certain that its them. If you happen to run into them while in Nicaragua, please stick forks in their eyes.
