g999
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==== G999 ==== | ==== G999 ==== | ||
- | G999 (also known as //Gee Nein Nein Nein// | + | G999 is a gold-backed cryptocurrency with a 999.9% 24 karat purity issued by The Gold Standard Bank (GSB) and [[GSPartners]]. |
===== G999 Project Information ===== | ===== G999 Project Information ===== | ||
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From its marketing material: | From its marketing material: | ||
G999 is a peer-to-peer electronic cash system that aims to become sound global money with fast payments, micro fees, a new generation of communication, | G999 is a peer-to-peer electronic cash system that aims to become sound global money with fast payments, micro fees, a new generation of communication, | ||
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+ | ====== Evidence that G999 is A Scripted Scamcoin? ====== | ||
+ | |||
+ | GSPartners’ G999 seems to have originated from a pre-purchased script((https:// | ||
+ | |||
+ | The G999 website claims its development process began in 2018, detailing various stages of blockchain development throughout that year. The community links section on G999’s website includes a BitBucket link to its blockchain source package, uploaded in November 2018, aligning with their claims. | ||
+ | |||
+ | However, notable details arise in the "Need Help?" section of the readme file within G999’s blockchain source package. This section redirects to a BitcoinTalk forum thread for SafeInsure Coin (SINS), an unrelated pump-and-dump shitcoin launched in September 2018. SINS eventually stopped functioning in early 2021. | ||
+ | |||
+ | Following the decline of SINS, another similar coin, SafeCapital (SCAP), emerged in December 2019, met with abandonment around July 2020. | ||
+ | |||
+ | G999’s readme file strikingly mirrors that of SINS, indicating a mere name change from SINS to G999 without substantial alterations in the underlying script. This was further substantiated by the referenced source files of G999, SINS, and SCAP, highlighting resemblances. | ||
+ | |||
+ | However, subsequent to this article’s publication, | ||
+ | |||
+ | Further examination of G999’s readme uncovers more traces linking it to SINS, including broken links to SINS’ root readme file, suggesting a strong resemblance and potentially indicating G999's genesis as a clone. | ||
+ | |||
+ | G999’s BitBucket code project has remained stagnant since October 2020, indicating a lack of ongoing development. | ||
+ | |||
+ | Contrary to GSPartners’ representations of a dedicated blockchain team behind G999’s development, | ||
+ | |||
+ | While G999 followed a pattern similar to SINS and SCAP in terms of pumping and dumping, the MLM comp plan behind G999 continues to generate profits for GSPartners' | ||
+ | |||
+ | Less than 48 hours after BehindMLM published evidence that GSPartners’ G999 was created via an off the shelf shitcoin script GSBank had deleted the evidence. ((https:// | ||
+ | |||
=== People Involved === | === People Involved === | ||
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* [[brendonearpjones|Brendon Earp-Jones]] | * [[brendonearpjones|Brendon Earp-Jones]] | ||
* [[Adrian Pilling|Adrian Pilling]] | * [[Adrian Pilling|Adrian Pilling]] | ||
+ | |||
+ | === Celebrity endorsements === | ||
+ | German actress Sophia Thomalla appeared in a promotional video for G999 with [[Josip Heit]]((Schauspielerin Sophia Thomalla wirbt für dubioses Blockchain-Projekt | ||
+ | | https:// | ||
=== Regulator warnings === | === Regulator warnings === | ||
The New Zealand regulator, FMA issued a warning against Karatbars, FreeBay, G999 and related companies. | The New Zealand regulator, FMA issued a warning against Karatbars, FreeBay, G999 and related companies. | ||
- | |||
- | === Government allegations of fraud === | ||
- | * Texas described GSPartners as “various fraudulent investment schemes that are threatening immediate and irreparable harm” issued by the Texas State Securities Board (TSSB). ((https:// | ||
- | * Washington’s Department of Financial Institutions (DFI) described GSPartners’ MLM business as “fraudulent activity” ((https:// | ||
=== Other Links === | === Other Links === |
g999.1703072268.txt.gz · Last modified: 2023/12/20 11:37 by tinydaguava