Savedroid scam... or a "nice" advertising method? Some thoughts on “Direct Action Marketing”.

in #cryptocurrency7 years ago (edited)

In this supposedly latest “total success” exit scam, the Savedroid one, my best guess – and hope – is that it’s a Yassin Hankir (Savedroid Founder and CEO) promotional trick…

The elements driving me to this conclusion are:

  • On March 1st, a month and a half ago, the Savedroid Medium account published an article of which the title is: ”How you can protect yourself against fraud and getting ripped off”. Creating through its audience the impression they fooled them is be the best way to raise even much more attention to the scam phenomenon in the cryptocurrency microcosm, and somehow to “vaccinate” potential investors against possible lacks of research and data comparison in front of new ICOs…

Savedroid Medium article.png
Source: https://medium.com/@ico_8796/savedroid-ico-how-you-can-protect-yourself-against-fraud-and-getting-ripped-off-1bccf0de089b

  • Savedroid is allegedly the most well-known German cryptocurrency startup project; it began 3 years ago and has built a worldwide supporters and investors network – How many confirmed scams have dedicated 3 years of team work to close doors overnight, leaving only mocking Twitter and website messages? None.
    Scammers, by definition, walk on the "path of least resistance", minimizing their efforts to maximize the end reward. Their mindset may encompass a 6 months long social networking activity, not several hard working years packed with daily office meetings and repetitive Powepoint screenings during dull cryptoconferences where most participants are other blockchain salesmen striving to sell you rival products; besides, along these years Yassin could have earned honestly the same amount of money he's supposed to have robbed now ;-);

  • Because of that Savedroid wide social exposure, Yassin Hankir took part in numerous crypto-related public events; being a relatively famous promoter in the blockchain universe and medias, he’d be on this planet one of the easiest “fugitives” to hunt down and arrest (unless he’d consider practicing a total surgical face reconstruction within a couple days ;-));

  • The foremost desire of a “widescale scammer” is leaving virtually NO track of what he did and whom he was before the day of his treason. Thus, why on earth would Yassin keep his Twitter and Facebook accounts opened, serving as live chalkboards for everybody to express their speculations around what’s going on?… I would name it "direct action marketing".

  • Moreover, the worst scenario for a successful scammer is to generate amongst his victims anger, hate and burning revenge feelings. That’s exactly what Yassin Hankir is awakening, posting deeply cynical "bye bye my dears" images on Savedroid's website and Twitter, hence leading for instance to the publication of this cryptobriefing.com article: “We Tracked The Savedroid Motherfucker And Need Your Help”. (https://cryptobriefing.com/find-yassin-hankir-exit-scam-savedroid/)

Cryptobriefing hunt.png
Cryptobriefing's sober hunt appeal ;-)

The outcome? A subtle, safe and discreet escape for Yassin to a paradise island? No.

More free of charge Savedroid headlines through dozens of crypto websites and newsletters, and even in mainstream medias like Yahoo! Finance...
(see "Over and Out’: $50 Million Savedroid ICO Makes Apparent Exit Scam" - https://finance.yahoo.com/news/over-50-million-savedroid-ico-135731412.html)

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Hi @ijatz, my compliment, you was perfectly right!!

Thanks @intellihandling! Yes, it was a clever move from Savedroid, haha. Let's hope all its tokenholders will grab the message and forbid them the temporary worry ;-)

Nice post!

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