This is just another scam in the burgeoning list of many frauds happening in cryptocurrency industry. With its global reach and potential, many scammers and fraudsters are now taking a very relaxing and profitable residence with all of us. The problem is that there is no sure-fire way of knowing the real people behind a certain project, their capabilities and the intentions they got inside their own minds. There is no regulating body that will be approving a project before it can be able to solicit funds from the public. We have sacrifice vetting and regulating in the name of independence or being away from the influence of any governing body.