A scam orchestrated by Greg Meredith, formerly from Synereo. Greg purchased a $20m+ Music App/Codec that he was actually an insider on, spent over a million on a house that he called the “R-House”, and $5000 on a Cappucino Machine. Full story here https://www.geekwire.com/2019/boom-bust-blockchain-rchain-cooperatives-cryptocurrency-dreams-dissolve-controversy/ .. Millions of Dollars stolen, all the while strung along by Kenny Rowe and Greg Meredith. They paid Vlad Zamfir millions to be apart of the project and to validate the scam. The best part was that their initial tag line was “Radically Transparent”
Is Rchain a Scam?
Disclaimer: Rchain Cryptocurrency | Rchain ICO
Rchain is a cryptocurrency project that issued Rchain tokens to its community. Scams in the cryptocurrency space take form in many ways, including exit scams or undedicated project developments.
Is Rchain a Scam ICO?
Data on whether Rchain 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 Rchain or in support of Rchain. The data is only an aggregation of claims cited against Rchain.
The above claims about Rchain (ICO), Rchain’s token, or Rchain’s team are externally sourced. They may claim that:
– Rchain did an ICO and then exit scammed
– Rchain has an undedicated project development after the Rchain ICO
– Rchain token got pumped and dumped by the Rchain team
– Rchain is a dead project with a worthless Rchain token
However, external claims about Rchain project, Rchain token, Rchain team, or even Rchain advisors may not be supported by accusers of Rchain ecosystem and thus individuals seeking to learn more Rchain team or about the Rchain cryptocurrency are recommended to directly contact Rchain team members or Rchain token investors.
CoinCurb does not itself decide if a project is a scam and thus does not claim Rchain is an exit scam or that Rchain is any other type of scam, nor does CoinCurb insinuate that Rchain (or Rchain token) team are scammers or that Rchain (or Rchain token) advisors are scammers. CoinCurb allows viewers to reference sources related to Rchain development, Rchain token trading, and/or Rchain team as an uncertain reference when deciding if Rchain is a scam or Rchain is not a scam.