Scambook.io, a website that portrays itself as a news publication, defames leading publications and sells its own crypto.
The website has been attacking news publication like Analytics Insight, Bitcoinist, Outlook India, and several others and publishing fake news about them and posting their images.
The website mentions a one-stop shop for all information about online scammers and fraudsters. However, they run their crypto and try to sell it by defaming others. The token has no management team, no audit reports and is totally a scam, Also, the website is run by a fake identity name edawgii. No proper profile, no image, no proper experience to even run something like a cryptocurrency. Their team comprises for few paid Twitter followers who receive money to promote a tweet.
Scambook also steals money from the people who invested them. An investor posted feedback on the same.
They research and target cryptocurrencies and publications that feature them, ask them for money through people who invested, and, in case they are not fulfilled, name their founders and websites.
If you visit Scambook, their about us page is blank, no contact details on the website, no LinkedIn or social profile. And they run this scam by posting few articles. Below is their fake marketing strategy.
Many publications post sponsored content and advise readers to make decisions based on proper research. These publications add a disclaimer and mention the articles are not a piece of investment advice. However, naming publications and their management team and then trying to be a news agency or an information source is unethical. Scambook.io is doing the same and offering fake information to the world.