My last post was removed by the automod for having the word "Mega-thread" in the title. I'll repost everything here so people are aware of what's happening and continue to provide updates. We are still waiting on a response for Steve McCullah, the founder of Apollo, or anyone from the Apollo Currency Team.__________________http://bit.ly/2FOKtjg tried to warn everyone two days ago. But now here we are, it's too late, the team has cashed out.Most of you saw my recent post here about all the red flags of the recent Apollo cryptocurrency - the way they censored their social channels/Telegram, how they encouraged their members to stock up and and BUY and banned anyone who talked about selling instantly. How they actively pumped up the price of their coin the past couple of weeks through fake news and shill armies.That's not why we're here.I was just online when I notice a sell order on the APL exchange. Wait not just one sell order. Many. And then I went to the other APL exchanges. Same situation. Suddenly tens of millions of APL were hitting all exchanges all at once in a massive dump that sent the price shooting down over 70%.I immediately went to the block explorer. The Apollo block explorer features no rich lists for obvious reasons, so I knew I had limited time to find the dev’s accounts and their transactions that would cause the dump in the history. Low and behold, I found a couple of them: http://bit.ly/2MmEEuD didn't continue to go back in time on the block explorer, but you all know where to go look if you want to find the team's accounts now for this "anonymous" currency. I checked the balances on several of those accounts and some had around a billion APL, with the others having hundreds of million. The only people who own anywhere near this much are the Apollo team (and possibly John McAfee, lol).I will continue to edit this and add information but want to get it out there now while this is happening so people can start discussing it in here.Previous post from 2 days ago if you want to catch up on what's been going on up until this point: https://www.reddit.com/r/CryptoCurrency/comments/ai5b62/apollo_apl_is_a_massive_scam_and_you_are_all/Updates7:10 AM update: APL Telegram Channel put on read-only mode for 10 minutes7:25 AM update: Re-enabled, the admins are now threatening to mute anyone who mentions anything about the dump and encouraging people to "buy cheap": http://bit.ly/2CCJBe5 AM update: They are BANNING everyone from the telegram who tries to talk about the situation in a negative light, asks a question about what happened, or tries to ask any of these questions over PM to another member: http://bit.ly/2RGZ2fW PM update: Bitmart's entire exchange has went completely offline as well (the main exchange for trading APL). APL is now only actively trading on Coinbene. To Check Statuses: Link to Bitmart. Link to Coinbene.9:10 AM update: APL Telegram is saying everyone is buying APL on Coinbene (only active APL exchange left right now) to get back in. However, every one of these "buy" trades is actually just a wash trade and never actually appears on the exchange - it's conducted between the highest bid and lowest ask. You can watch the order book for 30 seconds and look at the prices of the last "buy orders" to confirm that this is wash trading.9:14 AM update: The APL founder Steve McCullah is finally in the Telegram, he has not acknowledged the situation yet and has said "everything is great": http://bit.ly/2MoEt1M AM update: Steve confirms everything will be fine and includes rocket ship emoji's in his post to ensure his loyal telegram followers that this coin is still going to the moon: http://bit.ly/2sHvL5U
Submitted January 22, 2019 at 08:45PM
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