Created by Bruce Brice and Sam Mendez, both known fraudsters who have served jail time. Created Calorchi, defunct MLM scheme, rebranded to BitQyck and attached it to a cryptocurrency known as BitQy. They posted on Facebook and Twitter during 2016/2017 when they planned to pump their own coin though they’re centralized exchange TradeBq.com and they pumped the value over and over (www.livecoinwatch.com/price/bitqy-bq and look at ‘all-time’). White paper says coin also represents a 10% share in BitQyck stock, so it’s in direct violation of SEC regulations as well. They also offer BitqyM as a mining distribution yet are not currently paying out mining rewards, which are supposed to be rewarded in BTC. Scam, dead coin, all of the above. The coin was pumped to $0.09 at one point, currently $0.0029
Is BitQy a Scam?
Disclaimer: BitQy Cryptocurrency | BitQy ICO
BitQy is a cryptocurrency project that issued BitQy tokens to its community. Scams in the cryptocurrency space take form in many ways, including exit scams or undedicated project developments.
Is BitQy a Scam ICO?
Data on whether BitQy conducted a scam ICO, a scam mining operation, or a scam masternode project is cited above from external sources and CoinCurb does not take responsibility for claims against BitQy or in support of BitQy. The data is only an aggregation of claims cited against BitQy.
The above claims about BitQy (ICO), BitQy’s token, or BitQy’s team are externally sourced. They may claim that:
– BitQy did an ICO and then exit scammed
– BitQy has an undedicated project development after the BitQy ICO
– BitQy token got pumped and dumped by the BitQy team
– BitQy is a dead project with a worthless BitQy token
However, external claims about BitQy project, BitQy token, BitQy team, or even BitQy advisors may not be supported by accusers of BitQy ecosystem and thus individuals seeking to learn more BitQy team or about the BitQy cryptocurrency are recommended to directly contact BitQy team members or BitQy token investors.
CoinCurb does not itself decide if a project is a scam and thus does not claim BitQy is an exit scam or that BitQy is any other type of scam, nor does CoinCurb insinuate that BitQy (or BitQy token) team are scammers or that BitQy (or BitQy token) advisors are scammers. CoinCurb allows viewers to reference sources related to BitQy development, BitQy token trading, and/or BitQy team as an uncertain reference when deciding if BitQy is a scam or BitQy is not a scam.