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Author Topic: YOUENGINE AND THE MODERN SCAM PART 1.  (Read 60 times)

indianCrypto

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YOUENGINE AND THE MODERN SCAM PART 1.
« on: April 23, 2022, 08:23:40 AM »
YOUENGINE is a project on ethereum network with a native token called YOUcash (YOUC). The project has been appeared to be stagnant for a very long time with no admins' activities on telegram, likewise with no news on their twitter page. This left investors hanging their hopes on luck until April 14 when the investors saw a crash in the price of $YOUC on the two exchanges it was listed on. The crash was believed to have prompted the CEO of the project himself to come back to being the admin in the official Telegram group of YOUENGINE. He announced that the wallet of an investor was hacked and that's the reason for the fall as the hacker moved the token to BITFOREX and LATOKEN to sell. Everyone understood and many investors bought the dip to use the crash to lower their average. This was going on with the price gradually recovering before the YOUC CEO again announced the delisting of YOUC from exchanges and announced that there would be a token swap which will set a blow at the hackers and protect the genuine investors. And that was a lie and the beginning of implementation of a legitimate scam plans.

CryptoboyRamesh

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  • Re: YOUENGINE AND THE MODERN SCAM PART 1.
    « Reply #1 on: April 24, 2022, 11:04:14 AM »
    Yeah that's an old trick for the CEO to dump his token to the market by saying it was getting hacked but it's totally an inside job. I hope that youc investors or buyers can fill a report to the police or regulators to bring the CEO to the jail. The ceo was scammers and i have been seeing so  many investors got deceived as they are loosing their money but in this case i personally thing that if the CEO didn't get a lot of money as youc was lack of volume in the exchange sites. It has low daily trade volume and huge gap between sell and buy orders. in this case i personally believe that if CEO is the dumpers or scammers.

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