Exposing CryptoScams:  CoronaCoin
Exposing CryptoScams:  CoronaCoin

By bettercallpaul | Better Call Paul | 2 Apr 2020


Exposing CryptoScams:  CoronaCoin

An Almost-Weekly Newsletter Featuring a Spotlight on Past, Current, and Suspected Top Ten Cryptocurrency and Blockchain-based Scams

A Special COVID-19 Pandemic Scam Report

by

W. Paul Alexander 

for the

Better Call Paul Blog on Publish0x



[JACKSONVILLE, FL - 04/02/2020]  

It has come to my attention that there is a new scam coin out there, and this one is absolutely deplorable.  

Called CoronaCoin, this shameful project aims to take advantage of the COVID-19 crisis.  

It appears that this is another Exit Scam designed to steal the money that people invest.  These people have used the scientific designation (nCoV) for their scam coin's ticket (NCOV).  Their website calls them 

 

"A viral coin that coincides with an actual virus."  

Google Chrome gives the following error when trying to access their homepage: 

351665157-f1203087ce7d97f0e86559730f4b2accf5d8f41a654b7d91d2bfec1d1a04bdc5.png



There's not a bunch know about this coin yet, but it is clear that they are trying to profit from human misery.  They claim this is not the case, and they claim to use the CoronaCoin name as homage to the Corona or Crown -- a centuries-old gold coin no longer in circulation.  

I will update this post the more I find out about this, but I thought it was necessary to go ahead and get this preliminary scam report to shine a light on these scammers! 

They will also be added to the master list of CryptoScams....which turn into articles like this:  Top 10 Cryptoscams Exposed.  

If you have had any interaction with these guys, please feel free to leave information in the comments section.  

Until next time....stay safe and at home!  


bettercallpaul
bettercallpaul

Winner of the Publish0x 100K writing contest, I am a seasoned freelance creative writer with over a decade of writing and journalism experience. I love to write, cook, and learn new things. I look forward to contributing relevant content.


Better Call Paul
Better Call Paul

A multi-topic blog focusing on legal and technology topics. All published content is intellectual property and copyright protected under federal laws. Copyright is held by the author, W. Paul Alexander.

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