Prodeum, likely named after prodium which is used to treat urinary tract symptoms like pain or burning, has just launched their exit scam, with their site disappearing leaving investors in shock as they jump on to see the single word "penis".
I'm currently unsure of how money was lost, some sources say 13ETH while others say $ 57million. No matter the amount, this serves as a warning to ALL investors, particularly ICO investors to make sure you know exactly what you're investing in, and if you don't then just don't invest.
TOO MANY SCAMS
This isn't long after bitconnect recently launched their exit scam. People like Trevon scamming millions from bitconnect investors still living their high lives make me sick.
I too was an idiot who invested in Bitconnect, but at least I got my money back. I've also referred a few people back when I was new to crypto and genuinely thought BitConnect was a great investment... they have mostly lost money, and I am very sorry, I've even reimbursed some of my mates of their losses but some people I don't even know in real life nor can I contact them.
There are more and more scams EVERY DAY and investors like you and I must WATCH OUT for these, invest with caution in things we believe in. That's why I've gone all in on COSS, because there's a face to the project and everything is transparent. I love their community and team.
Your turn!
Reply in the comments to some of these question(s) and get upvoted!
- Have you been the victim of any scam?
- Do you suspect any new projects to be a scam?
