All majesticbank scams & lies. (monero.town)

submitted 5 months ago* (last edited 5 months ago) by Nononynous@monero.town to c/monero@monero.town

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Hi. We had to make internal investigations about MajesticBank and we found a lot of funny things from a service insulting all ecosystem actors.

MajesticBank told to people in 2022 that he would release an "AtomicSwap gateway" which he never did.
MajesticBank has gone dark on dread without explications and some people on dread are saying they got scammed (source)
MajesticBank has selective scammed some of his customers during a downtime in 2023 (source)
MajesticBank is owing months salary from two of his team members (snitchy & notmtth), he also tried to fail salary paydays and making his team starving during weeks.
MajesticBank scammed people in his giveaway (liking a post without paying people). Source
MajesticBank is calling other service of "honeypots" when his whole service is using an illegal ddos protection service who's probably wiretapped by FSB.
MajesticBank has stolen co-ownership of intercambio from snitchy (he gave it ownership to him and ordered OrangeFren to revert SSH accesses to steal back the service).

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[-] nihilist@monero.town 1 points 5 months ago

lesson to remember: don't pay developers up-front, place bounties, and pay them only once they finish their work

[-] Nononynous@monero.town -1 points 5 months ago

The real lesson to remember is have a clean reputation before attacking Reto implicitly without any proof. Specially when the actor were known for shady behiavors and scammy reputation.