Big Story in China ....
Thanks Tungfa. b.t.w. what does "MLM" refer to ?
I'm guessing it means the same as what MLM usually means - Multi Level Marketing. Reading the Google translated article it's hard to derive the context of why MLM is mentioned but MLMs are huge business in China (as they are in any new market where people haven't yet wised up to the pyramid nature of how they work) and the article's mentioning MLM banners and scams. I'd reckon MLMs are right up there as some of the dodgiest things people can get involved in in China so that's probably how they're referring to it in relation to these fake Darkcoin sites.
Correct
we + BTC have a huge problem with
Pyramide Ponzi Schemes in Hk and mainland China !
Honestly it is out of control !
they are pretending to sell DRK - Dash on their webpages, but
- their "coins" only work on their system (NOT in our wallets)
- their price is now 20 US$ + per coin
- they promise 40-50% return + a Mercedes Benz when you bring more customers !
Gambling in china is illegal, so everybody invests, as that is the closest to it !
We are pushing hard into china for DRK - Dash (multiple Social Media Pages) + pushing hard against these scammers !
We are making official enemies over there !!
We erased 27 'fake' accounts on DCT the other day (all coming from the same person in HK, connected to the the scammers)
the QQ Group in china is doing all the groundwork, fighting the scammers head on, and educating real life victims (horrible stories) !
Dash official is planning a Chinese Language Page in HK (for china) in Mandarine (to be more accessible)
+ more Chinese Social Media Pages.
All we really can do against these Ponzi's is educate and show presence.
They are rebranding in the moment (with us) from DRK to Dash !!
We will not get rid of them , that is for sure, but we can try our best to get a piece of their market !! And their market is HUGE !
Problem is under education, accessibility and none english of the chinese 'investors', that is how they fall into these traps.
So this article i posted is amazing, as it is officially the 1st time anybody recognised this problem in china,
we are working with the HK Press as well, and hopefully they will have a story out by next week.
Edit:
Dash joined forces with BTC HK to create these "warning Pages"
http://btcreview.info/cn/please share !