Here is a story about how a $2b+ daily trading volume a day exchange @CoinWOfficial has denied receiving community funds from the @EvrmoreOfficial community. Essentially, blaming an employee for the theft of $25,000 usdt and not taking responsibility on behalf of their employee, representative, and legally binding agent.
New Update: November 12, 2024
Since I first published this story a week ago, and being further shuffled around by CoinW. We are now growing more confident that CoinW is just trying to smoke us out and hoping we give up. THAT WILL NEVER HAPPEN.
Here’s the FACTS:
We are quite confident that it is the CoinW exchange that stole from us, not necessarily Silvia. Either way, it is the exchange that is responsible.
Silvia is just the scapegoat to deflect attention/blame away from the exchange CoinW.
Evrmore Coin’s agreement was with CoinW, not Silvia. Silvia was acting as a verified representative for them. It is CoinW that stole from us, and we need to make sure people understand that.
Now without further ado, here’s is the detailed chronological series of events that led to
CoinW Stealing $25,000 from the Evrmore Coin project.
On the 25th of May, 2024 the Evrmore community began conversations with CoinW after being offered a possible listing. They created a separate group in telegram and began divulging the details of the listing. Here are a few examples of documents received.
After a community vote to go ahead with listing. The community was provided with receiving addresses for the agreed upon $25,000 usdt listing fee in June of 2024. Which were verified through multiple accounts and official social media accounts.
The Listing Agent that CoinW provided to us was Silvia silvia@coinw.com
CoinW has now tried to cover their tracks by removing his Telegram Account but forgot the email from their Official Servers.
The Evrmore community saw that our funds had moved in the middle of listing, and when we asked questions about the nature of the move from the original receiving address, we were reassured it is standard operation by CoinW.
The Evrmore community was provided 3 months to complete the Listing Fundraise to which they barely made the timeline, and once completed the community was told that our Original Written Agreement didn’t matter and we/they now needed to have a higher daily trade volume ($100,000 usdt a day trade minimum) we were nowhere near that at any point.
And so after long fought 4 months to get listed the community was rejected in the 11th hour and was offered a 100% refund due to the nature of the agreement and their breaking of original contract terms CoinW offered.
This scheduled return of Evrmores Listing Fee Funds were to be on the (15th-20th) of October, 2024, per CoinW.
Some weeks passed and the refunds were never sent and Silvia (silvia@coinw.com) of CoinW stopped answering. The community was then told that Silvia was on “emergency family leave” so the main twitter account was reached out to again and the community was pointed in the direction of Allen (allen@coinw.com), another Official CoinW manager and employee.
As you can see the initial response was more then frustrating. After so many months of being kicked around it seemed. Allen then told us that the other listing manager Silvia was missing, that the addresses provided and verified were not CoinW’s, and they would not help refund.
Now the Evrmore community is left without many avenues to deal with this when they have tried everyway possible to work things out with CoinW.
Luckily all chat logs and communications were saved during the entire course of time. Imagine if the community had not done their due diligence.
