An IPO scam. Gullible people pledged BTC to get Instapay coins, and the scammer disappeared with their BTC.
Is Instapay a Scam?
Disclaimer: Instapay Cryptocurrency | Instapay ICO
Instapay is a cryptocurrency project that issued Instapay tokens to its community. Scams in the cryptocurrency space take form in many ways, including exit scams or undedicated project developments.
Is Instapay a Scam ICO?
Data on whether Instapay 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 Instapay or in support of Instapay. The data is only an aggregation of claims cited against Instapay.
The above claims about Instapay (ICO), Instapay’s token, or Instapay’s team are externally sourced. They may claim that:
– Instapay did an ICO and then exit scammed
– Instapay has an undedicated project development after the Instapay ICO
– Instapay token got pumped and dumped by the Instapay team
– Instapay is a dead project with a worthless Instapay token
However, external claims about Instapay project, Instapay token, Instapay team, or even Instapay advisors may not be supported by accusers of Instapay ecosystem and thus individuals seeking to learn more Instapay team or about the Instapay cryptocurrency are recommended to directly contact Instapay team members or Instapay token investors.
CoinCurb does not itself decide if a project is a scam and thus does not claim Instapay is an exit scam or that Instapay is any other type of scam, nor does CoinCurb insinuate that Instapay (or Instapay token) team are scammers or that Instapay (or Instapay token) advisors are scammers. CoinCurb allows viewers to reference sources related to Instapay development, Instapay token trading, and/or Instapay team as an uncertain reference when deciding if Instapay is a scam or Instapay is not a scam.