|Coin Name||Medx Protocol|
The coin was pushed as the future of telemedicine by new med school grads. Raised seed funds, then postponed future rounds because of “legal uncertainty”. Continued “development” which was minor if that. Then they set minimal roadmap goals and placed Augur bets using investor funds, violating numerous ethics standards.
Finally, after months of excuses and delays, the team froze the Telegram chat and issued private communications stating that funds would be refunded in heavily devalued Ethereum (1/10th of the original value).
SEC has been notified of the scam.
Is Medx Protocol a Scam?
Disclaimer: Medx Protocol Cryptocurrency | Medx Protocol ICO
Medx Protocol is a cryptocurrency project that issued Medx Protocol tokens to its community. Scams in the cryptocurrency space take form in many ways, including exit scams or undedicated project developments.
Is Medx Protocol a Scam ICO?
Data on whether Medx Protocol 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 Medx Protocol or in support of Medx Protocol. The data is only an aggregation of claims cited against Medx Protocol.
The above claims about Medx Protocol (ICO), Medx Protocol’s token, or Medx Protocol’s team are externally sourced. They may claim that:
– Medx Protocol did an ICO and then exit scammed
– Medx Protocol has an undedicated project development after the Medx Protocol ICO
– Medx Protocol token got pumped and dumped by the Medx Protocol team
– Medx Protocol is a dead project with a worthless Medx Protocol token
However, external claims about Medx Protocol project, Medx Protocol token, Medx Protocol team, or even Medx Protocol advisors may not be supported by accusers of Medx Protocol ecosystem and thus individuals seeking to learn more Medx Protocol team or about the Medx Protocol cryptocurrency are recommended to directly contact Medx Protocol team members or Medx Protocol token investors.
CoinCurb does not itself decide if a project is a scam and thus does not claim Medx Protocol is an exit scam or that Medx Protocol is any other type of scam, nor does CoinCurb insinuate that Medx Protocol (or Medx Protocol token) team are scammers or that Medx Protocol (or Medx Protocol token) advisors are scammers. CoinCurb allows viewers to reference sources related to Medx Protocol development, Medx Protocol token trading, and/or Medx Protocol team as an uncertain reference when deciding if Medx Protocol is a scam or Medx Protocol is not a scam.