Let me tell you a story about my friend @JasonMeyersNYC and @Auditchain so you can make sure you don't deal with them. I promise this will be full of entertainment value with a mix of data to help you save yourself from yet another #rugpull
It's Jan 2018, peak ICO hype, ETH is making new ATH's each day and we're just throwing ETH at any private sale that will take it with any hype. Enter @Auditchain that we heard about through a discord server member whose brother worked on the team, more info on this person later.
It's a blockchain platform to audit company financials but there were two things that made it look interesting. One of the developers was @StuartHaber who was very accomplished in the blockchain space, had written some papers referenced in the bitcoin wp: https://www.forbes.com/sites/vipinbharathan/2020/06/01/the-blockchain-was-born-20-years-before-bitcoin/?sh=3e8659f75d71
The real reason we reached out for a private sale allocation? Scams pumps the hardest and how could you not want to invest in this CEO? @JasonMeyersNYC (This is a must read) https://nypost.com/2009/12/31/vips-a-kinky-brute/
So we reached out and secured a deal for over 100ETH in late January 2018. $ETH was around $1200 at the time and had topped out around $1400 in the weeks before. Little did we know this would be the highest we'd see $ETH for the next 3 years. We submitted our SAFT and we'd check
back in every month or so to try to get a date on the token release date. In June, you might remember some news about a $BCH supporter stealing a tank and driving it around in Virginia. This was the guy linked to the person that brought the project to our attention!
A good link to see this story: https://mashable.com/2018/06/06/bitcoin-cash-stolen-tank/
And a good video watching the $BCH tank driver: https://twitter.com/RiegerReport/status/1004178439337926656?s=20
We didn't hear much for a while, $ETH was down to $400 and we'd pretty much considered it gone at this point. We saw some drama in the official @Auditchain Telegram about some internal arguments between most of the team and the CEO, Jason. They couldn't come to an agreement
and then most of it is spelled out in this article: https://www.cryptopolitan.com/auditchain-goes-bankrupt-community-united-in-suspicion-of-fraud/
So why am I posting this now? I still followed @JasonMeyersNYC and I saw him and @EBagchus patting each other on the back and I called them out on twitter. They entertained my first question below: https://twitter.com/FundBags/status/1376520171112763395?s=20
But when I cornered them with talk about a SAFT they ALL quickly blocked me including the official project page: https://twitter.com/FundBags/status/1376521299514830852?s=20
Just wanted to spread around this info from the past three years to make sure people can avoid #auditchain and @JasonMeyersNYC as it seems they are still active and promoting this platform. Scams pump the hardest but they need to at least launch to take off! Stay safe friends!