Another scam is down, finally someone is doing something against all the scams around. After BitConnect closed all its activities, now Davorcoin did the same. Davorcoin was a popular lending platform with rediculous returns promised. Promotors such as Trevon James earned a lot of money with the referral program on the back of people who now lost all their money. Good thing is that the scam is over, bad thing is that people lost money again…

Always be careful investing in something. If something sounds too good to be true, then it is often not true.

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42 COMMENTS

  1. GUARANTEE IS THE SAME OWNER AS BITCONNECT THESE PIECES OF SHIT SHOULD BE JAILED FOREVER! I COULD THINK OF OTHER THINGS THAT SHOULD BE DONE TO THESE PPL!! IF THERE WAS ANYONE THAT WERE USING DAV AFTER BITCONNECT WAS EXPOSED DESERVE TO LOSE THERE MONEY THOUGHT REALLY!!

  2. ryan is kind of new in crypto tho
    he has been an investor/money maker for a looooooooooooong time, way before crypto
    i think he's the only one accused wrongly from the bunch

  3. I have lost 5 btc in the last five years to dodgy lending/mining companies. Now i am just making money through sheer trading. Dont take chances with these companies people!!! Do your homework and only invest what you can lose. Nothing more.

  4. Look at his face. Would you trust someone like that for investing your money? He legally can't get a securities license because of his criminal background and credit score.

  5. Kan je een video maken over Refereum? Blijkbaar hebben die gratis advertising op de rug van de community gedaan en heeft niemand daarna tokens ontvangen. Hebben ze dit direct aan whales verkocht?

  6. I lost all my assets from bitconnect and davorcoin
    If you're feeling generous,Please help me
    donate ethereum to me here:
    0x75d9a26278af280bb3f8383f09de8b0fbe45bb39

  7. Thing about suing people for your money in a ponzi is usually most of the money is used to pay returns and pay the affiliates so they can bring new people and keep the scam going .Usually by the time they are caught they might have around 10% of the money left which is still alot but no where near enough to refund the money they stole.
    Davorcoin is interesting because unlike bitconnect I don't think they were open long enough for many people to profit.So almost everybody lost or didn't make much. The shortest lending package was about 90 days for above 25k .Which would mean this month they would have started to have to release funds that the bitcoin crash and bitconnect is what killed davor. It was doomed to fail but all this together just sped up the failure.

  8. Great that another scam has come undone – people really need to do their due diligence. Nevertheless I'm sorry to those who were scammed, but BitConnect should have sounded warning bells for people invested in Davorcoin. In this market there'll undoubtedly be more subterfuge in the near future…

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