Scam Accusations Against Novello, Community Reaction and Response
Scam Accusations Against Novello, Community Reaction and My Response. I had written an article about Novello Technologies IndieGoGo campaign recently. After having been in touch with Gordon Grainger of Novello and going over the information in the weeks, prior to the launch, of the campaign I thought they were a legit company. Their business plan was sound, and they have what looks to be an excellent technology that they want to bring to market for Bitcoin/SHA-256 miners. At launch, they posted their information and link to their campaign on BitcoinTalk. At first they were met with the....
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Due To New Information That Novello May Be A Scam I Am NOT Recommending Them. If New Information Is Given By Them To Back Up What They Have Already Given Me That Refutes The Scam Allegations I Will Note It. Novello is beginning the funding round for their business plan at IndieGoGo to bring high performing, low cost miners to the market. Novello Technologies Begins Funding For Ultra Low Cost Bitcoin Mining Rigs. In looking at established and new manufacturers, I had run across Novello's posts in the BitcoinTalk forum about developing a new low cost, high output performance Bitcoin /....
Not terribly long ago, a news story circulated on the bitcoinosphere of a new bitcoin mining hardware company called Boscombe Pierlytic Miners. The company announced three miners with impressive specifications and even opened up pre-ordering. Following the story, however, word began to spread that the Boscombe operation was nothing more than a scam. There's an entire thread on Bitcointalk dedicated to the topic. So when a commenter on our site noted simply "This is a scam", we became curious and felt it be the responsible thing to reach out to the company and allow them to make a....
ChangeNOW is a scam! ChangeNOW illegally holds my money! ChangeNOW are thieves! These are some of the hostile comments that have been making rounds on the internet. These accusations got the crypto community looking closely into it, and some have gone ahead and seemingly done a detailed analysis of things leading up to the entire […]
The Russian cryptocurrency exchange Livecoin has shut down amid accusations that it has pulled an exit scam. Customers are unable to withdraw their funds and have been asked to provide extensive identifying information which they fear would lead to identity theft. The exchange claims that it was hacked in December. Livecoin Crypto Exchange Closes Down The Russian cryptocurrency exchange Livecoin announced Saturday the decision to close down its platform. The exchange claimed in December that it was hacked. As news.Bitcoin.com reported, hackers supposedly manipulated the prices of several....
Author's Note: The author and CCN have zero connection with Black Arrow. Claims of monetary compensation are blatantly incorrect. The accusations from customers are continually being investigated, ever since the original tip. However, accusations cannot be published as fact without clear evidence or authority. The same goes for Black Arrow. CCN will quote either side, but will not publish those quotes as fact unless proof is provided. If you've spent a minute in the Bitcoin community, it's easy to notice that many people work on the philosophy of "guilty until proven innocent" due to the....