RATE Group | Cardano Gold ICO disclosed as a complete scam, gets discontinued
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Cardano Gold ICO disclosed as a complete scam, gets discontinued

09 Nov Cardano Gold ICO disclosed as a complete scam, gets discontinued

Posted at 05:40h in Cryptocurrency News by

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  • Cardano Gold Coin ICO set a record for the shortest and the fakest ICO to date.
  • Cardano Gold Coin also listed famous cryptocurrency developers/influencers as its team.

The Cardano Gold Coin ICO was rolled out recently but it went offline after a while. It also set a record for the shortest and the fakest ICO to date. The construction of the website was substandard, offering “6,00,000 coins [sic] for $25.20 each.”  It also listed famous cryptocurrency developers/influencers as its team. They listed Enrico Campagnol as the CEO and Arnab Naskar as the crowd sales advisor. Both of them posted on twitter that they have nothing to do with Cardano Gold Coin and that it is a scam. 

The Cardano Foundation quickly pointed out that Cardano Gold Coin had nothing to do with the Cardano (ADA) cryptocurrency. They labeled the Cardano Gold Coin as a scam in a tweet: 

#Cardano Gold is not associated with us in any way. It is infringing on our trademark and violating our…

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