Fantom (FTM) is a Pump and Dump Chink Scam - Class Action Lawsuit

[Anonymous No.16450928]

Fantom was an ICO scam. The gook founder doesn't know how to code, and the team were all fake. None of the original team are left. All their partnerships are fake (there is no substance behind them).
>lied about 300 000 tps
>lied about mainnet
>lied about banks (sold Goldman Sacs, got some half ass African bank, maybe)
>Lied about smart city Dubai
>No attempt to go global whatsoever, no attempt to get parnership with any global tech company
>Chink scam tokenomics. 60% of global supply to founders and friends. Now trying to hide it with a fraction of 60% to nodes, maybe. Still 45% to founders and friends.
>Get used to founders and friend to dump on you until Ethereum 2.0 and Fantom goes to zero
>Pump and dump scam by satsgang
https://icodrops.com/fantom/

Total chink scam, probably the most obvious in crypto.

[Anonymous No.16450935]

>>16450928
Selling their chink scam to investors they lied through their teeth about 300 000 TPS. Reality now is 90-95% less of what hey promised, if so much at all and if mainnet ever. ICO investors are preparing a class action lawsuit.

FTM will lose the coming class action lawsuit. Their promised 300 000 TPS would have had enabled a global currency without any second layer solutions. What they will get now, maybe, is 30 000 TPS. You can not get a global currency for micropayments with that. Nor operating a smart city or whatever. ETH devs are working hard to get million(s) of TPS. FTM promised falsely that they would be able to compete with future ETH 2.0, with only 30-40 000 TPS or far less, they have no chance. You can't just underperform 90% from what you promised in a ICO, without some kind of force majeure

[Anonymous No.16450942]

>>16450928
Would you buy a used car ever from scammy pic related? A guy that was a "code reviewer" and demanded to see the confidential codes from competitors of Fantom to "review" them, only to run away to Fantom later on? How scammy and dirty is that? Unheard of in crypto space.

[Anonymous No.16450954]

>>16450928
What kind of morons "invest" in a chink scam coin where founders and friends have 60% (!!) of total, global supply? You have to be insane to do that. Ethereum foundation had 1% and Vitalik sold his ETH at $7. Chink scammers will dump on you into oblivion. Same with satsgang

Distribution. The 3.175 billion FTM will be distributed as follows:
40% token sale
30% market development
15% advisors and contributors
15% FANTOM team and founders

https://www.finder.com/how-to-buy-fantom

[Anonymous No.16450957]

>>16450942
Shopvacoom shill, be gone now please before you reach
>10 posts by this ID

[Anonymous No.16450964]

>>16450928
Mainnet 3Q 2019. Lie. What a chink scam. Enjoy your gook coins, if you ever get them

The fact that they missed their own deadline means they made a serious mistake or misunderstanding of what they were working on.
Honestly it shows that they might blunder in many of their delusional estimations.

[Anonymous No.16450968]

>>16450928
>>16450935
>>16450942
>>16450954
You're not fooling anyone, DAG schizo

[Anonymous No.16450976]

>>16450928
>>16450964
This is just tragic, pic related. Even Bitconnect scammers were more professional.

[Anonymous No.16450990]

These are the most bullish threads for any coin on biz currently

[Anonymous No.16450992]

>>16450928
>>16450976
>>16450964
This is clearly not "miscommunication" or a "misunderstanding" as the Fantom team will have you to believe, pic related. They clearly panic and do what they always have done to run away from their promises, lie through their teeth.

[Anonymous No.16451004]

>>16450928
Have any of you fanatic Fantom fanboiz read the whitepaper? Just because something sounds complicated does not mean it will be useful or will even work. Usually the contrary. Take the chainlink idea. Brilliant in its simplicity, but anyone can see that it will work. Aggregated data combined with KYC to establish a trust-able base, and the mixicles idea is brilliant too. You can see how it makes sense, swapping up data at the oracle level for privacy.
Now take Fantom. To me it looks like a complete mess. Nothing really new in ideas either, Lachesis protocol is just a minor rephrasing of IOTA's tangle idea, which we know does not work. No proof of concept anywhere, and yet the paper devolves into complex ideas upon ideas upon this lachesis thing, leaving a convoluted mess that obscures the fact that the min protocol hasn't even been tested.
Maybe they are serious. Maybe they think they're serious. But to me it just looks more and more like another project doomed to fail.

[Anonymous No.16451011]

>>16450928
Their main partnerships are with corrupt African banks and one of the most corrupt nations in the world, failed state Afghanistan. It's hard to get clearer scam indicators than this.

[Anonymous No.16451026]

>>16450928
Every idiot should be able to identify a scam when the chink scammers will have 60% of all tokens. How stupid do you have to be to invest in such an obvious scam? Enjoy the team dump on you until the shitcoin is turned into oblivion by Ethereum 2.0. Enjoy your gook coin.

[Anonymous No.16451039]

>>16450928
Problem is its b2b and if you use sc logic shit is slower than bitcoin lmfao
So they pivoted from smartcontract dag and smartcitys bullshit to mainets for banks really fast if you noticed.
Thats the thing everything is realtive so first red flag for for everyone should be
>comparison chart and no working product

[Anonymous No.16451052]

>>16450928
It was easy to see the scam early on:
https://steemit.com/ico/@kwaskoff/about-ico-fantom-project-smart-contracts-based-on-the-directed-acyclic-graph-dag

[Anonymous No.16451063]

>>16450968
DAG is a great buy. FTM is extremely overpriced compared to other crypto projects. ETH is by far the best if you are risk averse, they have the best and largest dev community in the world and big business are banging on their door to team up with them. Compare Enterprise Ethereum Alliance with Fantom's dodgy third world banks alliences and failed state Afghanistan. It would be laughable if it were not so tragic. Here:
Enterprise Ethereum Alliance
https://entethalliance.org/members/

If you have more appetite for risk, then MultiVAC is far better than FTM. Better tech, better team and with only a fraction of FTM's MCAP.

[Anonymous No.16451073]

>>16450968
>>16451063
>If you have more appetite for risk, then MultiVAC is far better than FTM. Better tech, better team and with only a fraction of FTM's MCAP.
>>16449800

[Anonymous No.16451077]

>>16450928
based retard

[Anonymous No.16451098]

>>16450957
>>16450968
>>16450990
The retarded and delusional Fantomboys are just the same as Bitconnectboys. Even the same arguments. The red flags are there for all to see.
Fantom Team:
>lied about 300 000 tps
>Coming class action lawsuit by ICO whales
>lied about mainnet
>lied about banks (sold Goldman Sacs, got some half ass African bank, maybe)
>Lied about smart city Dubai
>No attempt to go global whatsoever, no attempt to get parnership with any global tech company
>Chink scam tokenomics. 60% of global supply to founders and friends. Now trying to hide it with a fraction of 60% to nodes, maybe. Still 45% to founders and friends.
>Get used to founders and friend to dump on you until Ethereum 2.0 and Fantom goes to zero
>Pump and dump scam by satsgang
https://icodrops.com/fantom/

Yet the Fantom idiots will not see and keep on rambling about "moon now", "how much to make it" etc etc. No need to wonder where the bitconnect idiots are, they are here shilling for Fantom. Pic related

[Anonymous No.16451104]

>>16450928
They didnt lie about any of that, because they never said any of that.

[Anonymous No.16451377]

Lots of FUD in here holy shit.

[Anonymous No.16451444]

Crazy Chen is making public statements about Opera without consulting the team. Conclusion(s):
- Chen is a bad leader
- There is general confusion within Fantom
- Someone is lying

Main channel is now deleting messages about the stated delay by Chen.
To actually believe Opera is being released in Q4 now is retarted. Obviously things are not going well internally with the team and this is a clear sign to stay tf away.

[Anonymous No.16451459]

>>16451377
Getting me hard. There’s never this much coordinated fud around a scamcoin

[Anonymous No.16451598]

Thank you MTV anon. I followed your advice and invested in MTV and they went up 60% today!

[Anonymous No.16451724]

>>16451444
Hey this was my post.
First pasta
AND CHECKED HOLY KEK

[Anonymous No.16451741]

>>16451459
This was my belief during all the non-stop fud around AMB over a year ago.
No... turns out it was all true and dumped perpetually.
Fud is not always a buy signal

[Anonymous No.16451789]

>>16451741
AMB did a 3x in a month though this has never had its pump yet

[Anonymous No.16451930]

>>16451741
The fud around amb wasn’t even close to this level

I’ll argue a coin hasn’t been fudded this hard since link

[Anonymous No.16451961]

>>16451789
uh....
Binance listing was the pump

[Anonymous No.16452047]

Buy UPT brainlets

[Anonymous No.16452134]

>>16450928
ohnononono fanties BTFOOOOO

[Anonymous No.16453149]

True!

[Anonymous No.16453330]

>>16451741
Except the fud around AMB was entirely bearwolf who admitted he was fudding to accumulate, as soon as he capitulated and sold the fud vanished

[Anonymous No.16453535]

>>16451598
“Thanks Binance for sending me 3.42 BTC!”

That’s what you sound like. Super organic bro

[Anonymous No.16453603]

>>16450928
Fantom ousted their own CEO and replaced the Korean team with a bunch of Russians. I won't be caught dead buying this garbage.

[Anonymous No.16453679]

>>16451598
You're in every thread schizo

[Anonymous No.16453770]

>>16450928
FTM, DAG, QNT, OCEAN, BOLT, ONE, HOT, and MATIC are all known Satsgang scams.
If you want to do a class action lawsuit you could literally get the bagholders of all those tokens to band together and sue them all.
Satsgang only works with failed projects.
DAG is the most obvious, they literally have 4 employees and lost almost all their $33M investment day trading and refuse to deny it.
Everyone was laid off, the company was tanking, it was over. Then came Satsgang, bought it all up dirt cheap and manipulated the price to pump it up and dump into anyone who bought it.
Dig into the etherscans, its all there. Each dump goes into the same wallets as FTM, DAG, RSR, QNT, MATIC, BOLT, SENT, ONE, HOT, BTT, and a bunch of others. Just look it up and sue the fuck out of them.

[Anonymous No.16453781]

>>16453603
I can’t believe anyone’s buying this trash. The people who created this coin decides to bail

[Anonymous No.16453865]

>>16453770
Anon you've been claiming this for months could you at least post proof

[Anonymous No.16453917]

>>16453679
Lol, no I'm not, you've got the wrong guy. Also there is nothing ''schizo'' about thanking MTV anon who's threads gave me a heads up so I had an 11% increase on my investment yesterday, and today over 50%!

[Anonymous No.16453944]

>>16453679
Ok anon here you have an example of a real schizo >>16453770 the dude is insane and spammnig every related thread, clearly has a chip on his shoulder.

[Anonymous No.16453963]

>>16451930
It's the same thing as eth and link. They want to buy lower. This fud is so bullish

[Anonymous No.16454129]

>>16453963
You have to be absolutely delusional at this point

My god this is going to be as good as bitconnect isn't it? All we need is a video of Michael Chen or some other fantom guy going nuts.
The memes are gonna be great, I'm stoked.

[Anonymous No.16454580]

These threads (literally the same posts, word for word) started popping up last time FTM pumped from 120 to 185 sats..

Just FYI, nigerian niggeroonies.

[Anonymous No.16454581]

>>16453963
Yep. Ironically it was Chen’s own words that caused the only real sell off recently.

[Anonymous No.16455249]

simple question: have you EVER seen anything as bullish as this in your fucking life? satsgang twitters are fudding fantom to prop up DAG and DAG + QNT are blatantly copying fantom now and not even trying to hide it

fags on here always say "why is /biz/ so greedy? why not help fellow anons make it?" THIS IS YOUR FUCKING WAKEUP CALL RETARDS! fomo into ftm now, or miss the ride. it's your choice

[Anonymous No.16455356]

>>16453865
Same response in every Satsgang thread. This has been posted only in DAG threads, and it is unironic you just happen to be in this thread too, another Satsgang shill thread. As a matter of fact you post the same copy pasta responses in every thread where Satsgang is exposed.
Coincidence? Nope. Filthy street shitting dirty indian scamming people with low MC shitcoins. Yep.
Same responses to Satsgang accusations in FTM, RSR, BOLT, DAG, MATIC, QNT, ONE, SENT, HOT, etc

You fucking scum have been exposed. You would be poor by now if people on this board werent boarderline fucking autist retards with access to mommys credit card.

[Anonymous No.16455857]

>>16453770
>>16455356
>satsgang scam
a handful of jeets on twitter tries to make money off a crypto and henceforth it becomes "their" crypto? how is satsgang this powerful?

if satagang holds USD, does that make the dollar a "satsgang scam?"

[Anonymous No.16455995]

>>16455857
You dont understand how pump and dumps work. They accumulate all the way at the bottom when its dead, then artificially pump it up so it looks like its mooning. These arent real buyers these are them market buying from themselves. Then when some brainlet falls for the scam they dump on them at a huge increased profit.
The exact same thing happened in FTM, RSR, BOLT, DAG, MATIC, QNT, ONE, SENT, HOT, etc

Dont get scammed. Look at the etherscans, everything dumped ends up in wallets in South East Asia.

[Anonymous No.16456120]

>>16455356
Anon I've literally never replied to you ever before today, but I've seen that post in Ftm and quant threads

[Anonymous No.16456133]

>>16456120
Was it the pajeet sitting next to you in the call center? Great minds think alike and great indians take great big shits in great big streets.....alike.

[Anonymous No.16456150]

>>16456133
Anon I live in America

[Anonymous No.16456157]

>>16455995
>You dont understand how pump and dumps work
o rly? so fantom has a market cap of about 21 million USD right now. are you telling me that these literal-whos from twitter are multimillionaires who have enough capital to dump massive whale stacks on bagholders?

seriously fud-bro, explain your math. i want to understand what exactly you're trying to say

[Anonymous No.16456223]

yeah see, i notice you've gotten quiet. this paranoid schizo "muh secret cabal controlling things behind the scenes" fud does not stand up to logical scrutiny. in order for somebody to manipulate the price of a crypto like fantom by selling back and forth to one another the way you're claiming, they would have to be rich af. you think this handful of pajeets on twitter are like the winklevoss twins or something? how fucking dumb are you? better yet - how dumb do you think we are?

[Anonymous No.16456245]

>>16456223
I've seen him in so many alt threads and he never has anything to back it up
I think the most I've seen him post was their twitter account which isn't exactly proof of manipulation
inb4 he calls me a jeet again

[Anonymous No.16456253]

>>16456245
also I'm >>16456150 and >>16453865
ID keeps changing because I'm a phonefag

[Anonymous No.16456258]

>>16456223
Well said

[Anonymous No.16456332]

>>16456157
I hope youre trolling, but just in case I will explain how it works.

1. Accumulate Massive amount of failed shitcoin on its last breath about to die. Now you have a monster stack and can start manipulating.

2. Start selling to yourself (alt account) buy market buying your own buy orders you strategically setup. Market buy it as far as it will go but only buy your own orders, nobody elses. With DAG it mooned 5X with $2500. When a shitcoin has no liquidity you can market buy it very far.

3. Now youve mooned your shitcoin with no cost to yourself outside of the original super cheap accumulation. Go pump the fuck out of it with biz shill threads, twitter spam from your group, spam community TG with really cool charts and tell everyone how its going to moon forever and how your getting antshares vibes, and 10000X EOY.


4. Buyers come in and you dump into their buy orders. Wait for the buy orders to dry up.

5. Use massive disappearing/reappearing buy/sell walls to manipulate the market.

6. Rinse and Repeat until you are out of shitcoin and move on to the next one. Or keep raping the same shitcoin if the community is brainlet enough like DAG.

Its actually a bit more complex but im typing from my iphone and not going to break all of it down today

Bottom line Satsgang is raping anyone buying these failed businesses. DAG is a failed business, they completely failed and ran out of money and the whole team abandoned the project. Then came Satsgang shills and lots of complete bullshit overhyped announcements like USAF and meaningless crypto partnerships.

[Anonymous No.16456383]

>>16456258
>>16456253
>>16456245
>>16456223
>>16456157
>>16456150
I know you are all Satsgang trolls but will respond anyways for the poor people being robbed.

Its been proven and posted their entire fucking team abandoned the project along with their Linkedin profiles. You cannot show me a single employ hired beyond the 4 cunts working their now.

They absolutely ran out of money, how else do you explain a $33M investment with 4 members and no real exchanges.

Literally verified Satsgang pajeets who are actually a well known pump and dump group are admins in the community and drive all conversation. They spread misinformation constantly and ban any discussion of real issues with the project. They post charts for the love of God, you cant chart a small mc shitcoin.

Fuck you scammers, if you didnt live in a stinking shithole you would already be in jail. But when you live in a country that actually has humans shitting everywhere but a toilet i guess we cant expect much.

Do you pajeets really think people on here honestly consider these constant shill threads just some anons checking out a new coin? Its such an obvious scam. The fake volume, the etherscans showing how much is accumulated in a few wallets, the moving buy/sell walls, seriously guys try harder, there is curry all over the place.

[Anonymous No.16456423]

>>16456383
Yes anon I live in india, that's why I have a space heater, a seattle Seahawks hoodie, and an american flag flying. These are all common objects in an indian household and I'm trying to scam you by asking for proof when you make a claim

[Anonymous No.16456471]

>>16456383

All true. Started as a scam, then Andre was brought in to built something. $40M and 18 months later, still nothing. Keep delaying and bullshitting.
Add to the fact that most of the ico team vanished from the project, leaving the 2 Michael gook clowns in charge. Did I mentioned that those 2 are also part of several other mlm/ponzi scams?

[Anonymous No.16456504]

>>16456471
Name one faggot.

[Anonymous No.16456507]

>>16456504

xfutures moron

[Anonymous No.16456520]

ALGO is such a better buy.
>Didnt lie about TPS
>Delivered Mainnet
>Bank of America
>Sharia law Certified
>Always thinking global
>Relay nodes are getting paid, vest for 5 years
>No more big dumps
>Slow and steady growth.

[Anonymous No.16456543]

>>16456423
Oh this is proof enough for me, im sold pajeet. The Washington Seahawks are also my favorite squadron sir. USA #1 Country with best toilets and definitely not shitting on Rahashanahshaaha Avenue

[Anonymous No.16456576]

>>16456543
Anon, seek help

[Anonymous No.16456628]

>>16456543
>>16456576
Not everything is a conspiracy

[Anonymous No.16456659]

>>16456628
Do you think that clears up the giant scam the Satsgang is running on FTM, DAG, RSR and the rest just because one faggot in this thread has a Seahawks shirt?
Do you think you are proving a point because you are agreeing with a bunch of Satsgang Pajeets posting in this thread trying to cover up a scam?
Have fun being robbed dummy. From the looks of your clothes and furnishings its obvious you cant afford to lose any more money.

[Anonymous No.16456688]

>>16456659
All I asked for was proof >>16453865

you immediately sperged out and accused me of being a jeet based solely on that ask, now I've proven I'm not a jeet and you can't prove to me that satsgang has the influence you say they do. I've seen you more than a dozen times and you sperg out at anyone who questions you
Worst case scenario I lose my $800 initial investment from when I bought this under a penny. No idea why you're so emotionally invested in convincing people with zero evidence but it seems like you're wasting your time
You should probably seek help

[Anonymous No.16456918]

>>16456688
Zero evidence.

Are Satsgang members in your telegram? Headroom, Bazerka, Lucky, Denny Da Rocket, Rnox33, and a bunch of alt accounts that constantly agree with them. If the answer is yes, you are being raped by Satsgang and your $800 will be worth whatever it is when they get done dumping which is ATL every fucking time.
Is the volume on your shitcoin fake and alot of volume from shit tier exchanges? Do you see nonstop threads shilling this coin talking about moons, lambos, 1000X EOY, and overhyping announcements? Thats what a scam looks like.

Satsgang and their many members are pumping FTM all over twitter and biz. You are being raped by Satsgang, that is specifically what they do. Its called a pump and dump group. Learn about this shit before you get fleeced in crypto. DO NOT BUY small MC coins when you are a noobie investors, 99% of them are scams or failed businesses which is why they are a small MC. Companies with real products and potential are rarely shilled on biz and when they are its one anon looking for a real conversation. Not this bullshit with a bunch of scammers pumping bullshit meaningless announcements on 100 threads per day.

You know how one anon proved Satsgang was real. He posted in all the Satsgang PnD projects like DAG, FTM, RSR, MATIC, etc and posted a bunch of info exposing their scam. And in each project the same pajeets attacked him with the same copypasta.
10 different threads with 10 different coins all attacked by the same people saying the same things. Impossible odds, on top of everything else that further proves they are here and scamming the fuck out of guys with a few hundred bucks looking for a virtual lottery ticket.
Dont let these people scam you, youre welcome

[Anonymous No.16456971]

>>16450928
thanks OP

I for one appreciate your daily attempt to inform biz that Fantom is a scam.

Can you please do one on Ferrum now so they can see its real?

[Anonymous No.16457000]

>>16456918
Based schizo satsgang is real and they infiltrate low mcap shitcoins. Thats why we need flags on biz.

[Anonymous No.16457015]

>>16456971
>>16457000
I think we need to start making Satsgang awareness threads and for pump and dumps in general and get it stickied so we have something to point to rather than an endless argument with scammers who are being paid to lie to new crypto enthusiast investors. Millions of dollars winds up in little brown indian shit smeared hands and it needs to stop.

[Anonymous No.16457229]

>>16456688
he's never gonna provide evidence, dont waste your time

[Anonymous No.16457294]

>>16450928
16 posts by this same dude every day posting the same low tier already debunked fud. Every fucking day. You are going to rope so hard when it moons. I’ll hope you don’t and just buy in instead.

[Anonymous No.16457352]

>>16456918
You are going to rope. It’s not too late to buy in.

[Anonymous No.16457366]

>>16457294
>You are going to rope so hard when it moons.
no he won't. he's fudding so he can accumulate for a cheaper price. /biz/ 101

[Anonymous No.16457520]

>mfw all in chainlink since 2017

[Anonymous No.16457640]

>>16457520
>mfw chainlink partnered with fantom. chainlink oracles plus blitering fast fantom TPS are the future of DeFi. mETHeads on suicide watch

[Anonymous No.16458531]

No

[Anonymous No.16458808]

>>16451004
This man fucks

[Anonymous No.16459503]

True.

[Anonymous No.16459525]

>>16458808
no he doesn't. he made 17 posts in a cryptocurrency thread on a chinese accupuncture mIRC channel

[Anonymous No.16460229]

Interesting posts:
>>16459601
>>16459606

[Anonymous No.16460375]

>>16460229
No, your posts are not interesting, and they don't fucking matter.

[Anonymous No.16461757]

>>16460229
Agreed, very interesting. Thanks for sharing.

[Anonymous No.16462655]

>>16460229
cringe samefag

[Anonymous No.16463603]

>>16461757
Thank you.