Well, here's one: Embermine is a mostly unknown project but one in which the scam is pretty obvious. Search for `"James Carl Drake" Nebraska Mugshot` on Google

Well, here's one: Embermine is a mostly unknown project but one in which the scam is pretty obvious. Search for `"James Carl Drake" Nebraska Mugshot` on Google Image Search and you will see mugshots of the founder of the "Embermine" platform. "CEO" served 15 years probation for defrauding people writing bad checks, among other convicted felonies. Has been known under at least three different legal names. Convicted felon in multiple states. All public info. Their ICO raised very little money but they have funded their cryptofailures through lying to unsuspecting speculator/investors, promising all sorts of big developments that are bound to happen "soon". For example, promising to be listed on Binance to one investor to secure a deal. Sometime back in December people began to notice that nothing was going on, which is when it was revealed by ex employees that nobody was working for him/them anymore. Turns out the guy took out loans to many people online, didn't repay them. Stole money from some as well, i.e. people sent ETH for tokens but got nothing back. People started asking tough questions, got banned from Telegram (of course). One "proof" of progress given by the CEO was a picture of him writing an Ethereum smart contract in... Microsoft Word. Can't make that up. Their "CEO" is basically defrauding people, claiming to possess all sorts of skills he obviously does not have in order to instill confidence in his variety of projects. The stream of bullshit that comes out of there is endless. James Drake makes up a random project, associates a token to it, mints it all to himself and then "airdrops" part of it all the while selling his own tokens on the market or in OTC trade with unsuspecting investors. His latest idea? "BONG" tokens. This is completely insane, I could go on for hours. So it's really just simple, low-level crookery. Yet it's still ongoing, people are still getting scammed. This sort of long-tail scam you don't hear much about but I suspect it's much more widespread than cryptocurrency proponents would like to admit. I'm sure others will recognize the behaviour even if they have never heard of Embermine in particular.