Scam Report

Reported by : cheater888, 12/01/2020

Votes: 0

Uchain (UCN) ICO
Tags:

Scam description
Uchain (UCN) ICO In June 24, 2018 Uchain ICO raised 35,000 ETH at a price per Uchain (UCN) of $0.094. During this time period, the price of ETH was around $535. In the middle of September 2018, they opened the UCN trading in exchanges at 88 percent below ICO price ($0.0115), another massive investment loss to people who participated in the ICO. However, this is just the beginning, month-after-month, the price continues to drop and now trading at $0.000137 and a 24h volume of $28,104 Today, as of writing, UCN coin have lost 99 percent of its value from the ICO price. Clearly, everyone who invested in this ICO lost almost all their investment. With these results, it is fair to say that Uchain (UCN) is an exit scam, their ICO was simply a tool for them to raise money from hard working people.
Scammer type
ICO
Scammer's link
Scammer's Photo
UCHAIN ICO,Will Zhou CTO
UCHAIN ICO, Raviv Litman Operation Director
UCHAIN ICO, Mandy Chan CMO
UCHAIN ICO, Jason Wu Senior Architect
UCHAIN ICO,Ian Yu Founder & CEO
UCHAIN ICO, Grace Min Co-Founder
UCHAIN ICO, Benny Liao CPO