This morning it came to our attention that Coin-Swap.net had been purchased by GAWMiners, which disturbed me a bit to say the very least. Coin-Swaps past owner, Ian, was and is still a great friend of the Opal Team, and we congratulate him that he was able to profit from his exchange, as he deserves it. However, over the past few days it has come to our attention that Paycoin may not be everything it was claimed to be. There are multiple reasons people have called Paycoin a scam, and while it is unclear at this point, there are too many red flags for the Opal Team to trust GAW with our communities Opal, no matter how large or small. These red flags include:
A promise to the community to purchase Paycoins at $20/coin (
https://i.imgur.com/OVQdmym.png), which is four times the current price of Paycoin. GAW has tried to hide this promise (
https://archive.today/W3OTH), and has shown they cannot be trusted.
In an audit by Opals lead dev, Whit Jack, he discovered that special addresses stake at a rate up to 350%, which was never publicly disclosed, again proving they are not trustworthy. This has been verified by other users.
These reasons, plus a few more have caused us to request Coin-Swap delist Opal, as both a protection for our community, and as a stand against GAW and other companies that prey on cryptocurrency users.
~The Opal Team
https://bt.irlbtc.com/view/778720.msg10008807#msg10008807The evidence keeps mounting. Geez you guys are making it easy by doing homework for class action lawyers and a DA somewhere (hopefully Federal) to end this fiasco. Mt GAW indeed.
