Credits coin was issued by a Russian team told to be a Singapore company. By July 2018 the coin price fell under ICO price. In August most of the team was fired. Mostly some marketing managers were left to help to keep the coin price. The project is not being developed anymore. Official node and other software were last released in June 2018. By October CEO Igor Chugunov left Russia for London while the legal entity in Russia was changed three times to hide the founders from official prosecution.
Is Credits a Scam?
Disclaimer: Credits Cryptocurrency | Credits ICO
Credits is a cryptocurrency project that issued Credits tokens to its community. Scams in the cryptocurrency space take form in many ways, including exit scams or undedicated project developments.
Is Credits a Scam ICO?
Data on whether Credits 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 Credits or in support of Credits. The data is only an aggregation of claims cited against Credits.
The above claims about Credits (ICO), Credits’s token, or Credits’s team are externally sourced. They may claim that:
– Credits did an ICO and then exit scammed
– Credits has an undedicated project development after the Credits ICO
– Credits token got pumped and dumped by the Credits team
– Credits is a dead project with a worthless Credits token
However, external claims about Credits project, Credits token, Credits team, or even Credits advisors may not be supported by accusers of Credits ecosystem and thus individuals seeking to learn more Credits team or about the Credits cryptocurrency are recommended to directly contact Credits team members or Credits token investors.
CoinCurb does not itself decide if a project is a scam and thus does not claim Credits is an exit scam or that Credits is any other type of scam, nor does CoinCurb insinuate that Credits (or Credits token) team are scammers or that Credits (or Credits token) advisors are scammers. CoinCurb allows viewers to reference sources related to Credits development, Credits token trading, and/or Credits team as an uncertain reference when deciding if Credits is a scam or Credits is not a scam.