Sirin Labs Founder Reportedly Scammed in a Bitcoin-Grin SchemeBTC Casino / 22nd January 2019
The founder and co-CEO of Sirin Labs – one of the popular ICO projects of 2018, has reportedly been scammed out of a ‘significant’ amount of Bitcoin while attempting to purchase Grin in bulk.
Moshe Hogeg Victim to a Bitcoin Scam
The popular Israeli blockchain entrepreneur Moshesh Hogeg has been scammed out of ‘significant’ amount of Bitcoin, local Israeli media reports.
Hogeg has posted on Facebook in a local Bitcoin community, describing the unfortunate circumstances he’s been through.
He says that he attempted to purchase a large amount of Grin through a trusted over-the-counter service, using Bitcoin for the purchase.
He has reportedly connected with a reliable seller through Telegram. What is more, the seller has been recommended to him by a third-party ‘trustee’. Before sending the Bitcoin, Hogeg has requested for a certain amount of Grin to be sent to him as proof that the seller actually owns the coin.
After the confirmation transaction had been carried out and Hogeg received the Grin as proof of ownership, he supposedly sent the necessary amount of Bitcoin.
At this time, both the seller and the trustee disappeared and never resurfaced. Hogeg says that he is already consulting his lawyer over his next steps. While the amount of Bitcoin lost remains undisclosed, it is supposedly ‘significant’.
Hogeg is the co-CEO and founder of a popular blockchain project Sirin Labs. It managed to raise $150 million during its ICO for the development of a smartphone based on the blockchain.
The project got a lot of publicity, especially after signing Lionel Messi to endorse it. Just a few days ago, Sirin Labs opened the first shop selling its blockchain-based smartphone – Finney.
What do you think of Moshe Hogeg falling victim to this scam? Don’t hesitate to let us know in the comments below!
Images courtesy of The Times of Israel
The post Sirin Labs Founder Reportedly Scammed in a Bitcoin-Grin Scheme appeared first on Live Bitcoin News.
Bitcoin Price Analysis: BTC/USD Short-Term Area of Interest Holding
Friday October 26, 2018
Bitcoin recently fell through support around the $6,550 area and dipped to a low of $6,460 before pulling up. The broken support appears to be holding as resistance and price […]
Bitcoin Won’t Reach $50,000 – Cryptocurrency Analyst Ran NeuNer Retracts Prediction
Friday November 02, 2018
Ran NeuNer says Bitcoin won’t end the year at $50,000. The host of the CryptoTrader show on CNBC tweeted in February 2018 that the top-ranked cryptocurrency would end 2018 on […]
The post Bitcoin Won’t Reach $50,000 – Cryptocurrency Analyst Ran NeuNer Retracts Prediction appeared first on BTC Casino Gambling.
The post Bitcoin Price Analysis: BTC/USD Short-Term Area of Interest Holding appeared first on BTC Casino Gambling.