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/biz/ - Business & Finance


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19945849 No.19945849 [Reply] [Original]

Look at the list of assets under management found at https://explorer.defimoneymarket.com/

Many of these liens date back a few years, I found examples from 2016 and 2017, with “DMM Foundation” listed as the lienholder. See VIN 700719, or 107212.

The thing is DMM did not exist until 2019 and a google search of “DMM Foundation” from 2016 to 2018 yields no results

Someone grabbed/stole paperwork and photo-shopped DMM Foundation onto them on a lot of these. I have worked in auto finance, specifically subprime, any changes in ownership are reflected on the paperwork.

>> No.19945860

>>19945849
Cont:
They say ~$8,500,000 of real world assets already purchased…” in reference to the assets currently listed in the asset explorer. Check pic related, it is THAT easy to fake.

The “Coinbase partnership” they claim on their website is fake. They integrated the coinbase wallet link, which anybody can do for free, with no permission from coinbase.
The two of the partners listed don’t mention DMM in their linked-in profiles
What the hell kind of white paper only has ONE reference in the appendix? This reddit comment has more references. It is so lazily drafted.

Corey Caplan is listed as a "Parnter" not a Partner.

>> No.19945877

>>19945860


"The Website is not, and should not be: (i) deemed to be an offer of, or invitation to engage in any investment activity" Sure dude. Definitely not.

Some of these loans listed as "Active" have maturity dates dating back to a couple of years ago. https://ipfs.io/ipfs/QmQC8WNX1eie1JBKZ5gEyWAcNdbACqVe7Ffpn4Vf3ppYvx

Now this one has me confused. A 4chan user uplaoded this image https://i.4cdn.org/biz/1592752564989.png but looking up the same VIN number on the asset explorer now that information is redacted. Did DMM go back and edit that document after seeing it being discussed. https://ipfs.io/ipfs/QmTuqM3s277Tk8n5ago2p6L9EAVMZVADiL5NKkvVxB3oa7

NFH Oregon LLC is no longer trading but is tied to Finova Financial which Gregory Keough was apparently CEO of (not a position listed on his linked-in but he does mention Finova under his National Financial Holdings board of directors position held from 2012-2014.) Also strange timing because Finova was founded in 2015-2016. Stalked Finova on linked-in and they have some Russian speaking loan officers - bingo.

https://www.crunchbase.com/person/gregory-keough-0200#section-overview https://opencorpdata.com/us-or/126813690 https://www.linkedin.com/in/eugeniia-kucheruk-a4452511a/

Finova is still an active loan provider so this isn't merely a change in company name, they are different entities. If these liens were sold or transferred to DMM Foundation at some point there would be paperwork to reflect that.

Also Finova Financial currently only offers 12 month loan periods (although a recovered old webpage shows 12-24 month options) so all these loans from 2016-2017 listed as "Active" can't possible be so.

TLDR, DMM is a SCAM, they copied a stolen list of held liens and photoshopped their name on them. Made up partnerships, premined token TRASH.

FIGHT BACK /BIZ/ COPY PASTE THIS AND SPAM IT. MAKE /BIZ/ GREAT AGAIN, FUCK ASTROTURFING SHILLS, THEY MADE THIS BOARD A SHITHOLE.

>> No.19945891

bullish

>> No.19945908

>>19945877
>TLDR, DMM is a SCAM, they copied a stolen list of held liens and photoshopped their name on them. Made up partnerships, premined token TRASH.

>FIGHT BACK /BIZ/ COPY PASTE THIS AND SPAM IT. MAKE /BIZ/ GREAT AGAIN, FUCK ASTROTURFING SHILLS, THEY MADE THIS BOARD A SHITHOLE.

>> No.19945943

Always do the opposite if biz. This will be like Link on steroids.

>> No.19945946

Why do people fud?
1. Because theyre angry they missed out and want to see it crash
2. Because they want to buy cheaper

>> No.19945952

Dr,ns

>> No.19945959

I unironically am starting to get really bullish when I see this type of fud, always thought fud = bullish was a meme but after seeing QNT I have to reconsider. FTM seems to also be victim of heavy fud and didn't dump after token lockup, something to look into as well

>> No.19945975

Hey you can google Xtremweb to start, in 2001 the RLC founder wrote a paper about the system that he is creating today.

He is one of the most cited scholarly authors of the cloud/fog computing space.

He spoke in front of Caisse d'Epargne this week and they are a banking group controlling trillions in assets.

This system absolutely BTFOs Golem, Sonm, Sia, and DADI. Honestly no other decentralized computation platform is as robust or complex and they've developed a suite of tools to be utilized by DeFi projects to provide privacy, interoperability and provide better order matching.

This coin has existed since 2017, been developed since 2015 and has hit every development milestone on its roadmap. This coin is going to provide 100x returns as this space evolves and the performance of dapps becomes the main reason users drive adoption rather than yield %s or # of users.

Anon I am not one of these meme fags shilling his bags, average buy in is 25 cents and I'm holding for at least two years or until a 5 billion marketcap.

>> No.19945984

>>19945849
>I have worked in auto finance, specifically subprime
Yeah me too

That's why I put over 50k in
Why are you mad anon, almost everybody is up right now, save the FUD for when the price is dumping. MUCH more effective that way.

>> No.19946034

>>19945891
>>19945943
>>19945946
>>19945952
>>19945959
>>19945984

Fuck off astroturfing faggots, get the FUCK OUT. Not falling for your SCAMS.

>> No.19946045

The Fud on this. Ive never seen such fudding before on a project since Link.

>> No.19946055

the same copy and pasta from before the public sale

>> No.19946075

>>19945849
The assets are owned by Finova financial which is also owned by Gregory Keough and has been in existence since 2015

/thread

>> No.19946077
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19946077

>>19945849

obviously. RLC isn't though.

>> No.19946099

>>19946075
Two businesses can’t own the same assets that is fraud. Not to mention this was an unregistered securities sale the SEC is going to destroy this shit.

>> No.19946265

>>19946099
Yes destroy a decentralized DAO. Yes destroy CIA connections. Kek

>> No.19946276

>>19946099
>unregistered securities sale
Imagine falling for this 2018 fud

>> No.19946360

>>19946099
Tim Draper doesn't know .
Good we have your wisdom.

>> No.19946383

>>19946265
its not decentralized lmao
the DMM foundation owns the majority of the tokens and also owns all the liens. This is a scam

>> No.19946409

>>19946383
>Tim Draper doesn't know .
>Good we have your wisdom.

>> No.19946433

>>19946409
Tim draper is a VC who dumps on retail. Look at his other holdings lmao, they are down 90%, like RIPIO. He gets in cheap and sells bags to idiots like you.

>> No.19946439

>>19946409
tim draper throws money at a ton of shitcoins retard

>> No.19946440

>>19946383
Try harder faggot fudder.

>> No.19946442

>>19945849
Lol do you really think Tom Draper would risk his reputation on a false project

>> No.19946452

>>19946442
>>19946433
Also if you think tim draper directly put money in this you are a dipshit. Definitely an intern at his VC.

>> No.19946457

>>19946440
i don't need to try, everything i've said is true

>> No.19946514

> Failing car rental company
> Pivots to Blockchain
> Idea is literally car loans on the blockchain
> Token doesnt do anything
> Shilled by a Discord group who are pretending this project is worth $50m
> Couple of whales are wash trading to pretend to there's volume
> Every thread only talks about price because the project concept and white paper are embarrassing
> No mention of this project anywhere outside of biz

>> No.19946519

>>19945849
FUD won't work. KYS.

>> No.19946555

>>19946514
*shilled by the same chainlink retards that PND all the other biz projects
they are literally mods in the discord now lmao. imagine letting chainlink moonboy retards mod your community

>> No.19946571

>>19946055
Exactly what I thought
This shit is same, few hours later price boomed from 0.40 to 0.80
Don’t be stupid anons, it’s legit project and being fudded to buy more.

>> No.19946599
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19946599

I bet Tim puts all of his “shitcoins investments” on his vC website

>> No.19946708

With so much fud this so called DMG isn't dumping. There must be something about this coin.

>> No.19946789

This is literally the same copy paste fud that has been dismissed by the team a few days ago, can you at least put more effort and come up with something new so you don't flood biz with the same fucking shit faggot op?

>> No.19946808 [DELETED] 

Lol funny Was just thinking the same, kind of interested now. Haven't bought any token this year apart from BTC and ETH...This might just join the collection.

>> No.19946834

Lol funny was just thinking the same, kind of interested now. Haven't bought any token this year apart from BTC,Link and ETH...This might just join the collection

>> No.19946883

>>19945891
This. Can feel 5$ by eom

>> No.19946899

>>19945946
If anything they are trying to convince themselves

>> No.19946973

From my quick research now, it is quite an interesting and unique project and I dont think it's pricey yet. Just at $1 and cap is low too, I got myself a little.

>> No.19947324

>>19946973
What does the token do?

If you can't answer, this project is a scam.

>> No.19947338

>>19947324
1. Vote on governance decisions
2. Stake tokens if you want to bring assets into the DAO
3. A right to excess revenue from interest payments in the form of token burns

>> No.19947397
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19947397

>>19947338

>> No.19947455
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19947455

>>19946514
Mega Based

>> No.19947614

>>19945849
thx for doing the research, do you know anything about avalanche?

>> No.19947791

It's fine, I already cashed my initial investment back :)

>> No.19947840
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19947840

Finova accepts some bare minimum credit. Thats a Y I K E S from me bro

>> No.19947976

>>19947840
Yes becasue the car is used as collateral. Its not an unsecured loan

>> No.19948006

Thanks just bought 100k

>> No.19948131

If you biztards havent already moved all your profits from DMMSHIT into REL you really are poorfags

>> No.19948151
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19948151

>>19945959
Tears are free advertising kek
>>19946034
>>19946265

>> No.19948371

>>19948131
Buy my 7x bags pls sirs

>> No.19948564

>>19945877
>https://ipfs.io/ipfs/QmQC8WNX1eie1JBKZ5gEyWAcNdbACqVe7Ffpn4Vf3ppYvx
the "DMM Foundation" isn't even written in the same font as everything else wtf