10-28-2020, 08:06 PM
A warning to those interested in buying Lition Energy.
<!-- SC_OFF --><div class="md"><p>I don't usually post these kinds of warning threads but the recent influx of dumb rug pulls (Luigi finance, booba finance, etc) might make this seem like a legit investment as a comparison to some people. Let me tell you something: It's not. Many shills with their bags have been storming Reddit like a month ago and /biz/ is infested with it as well.</p> <p>So a little context here, back in the summer of 2019 after LINK was listed on Coinbase, Reddit suddenly became infested with new investors, so there was an organized effort to shill them "the next Link" and distract them from actual good projects. They took the name of Lition Energy, a bankrupt German energy company and made it look like they're pivoting by launching a new green energy Blockchain project, a perfect match because investors love everything green energy related (Tesla?). </p> <p>They hired people on Fiverr to act as a CEO and other company employees, but these people had no affiliation with Lition energy and there never was any Blockchain project. If you go look up Lition energy the company, it has been defunct for several years now and there never was anyone with the name Richard Lohwasser even working there.</p> <p>And the scam fucking worked, it pumped high in a very short amount of time but dumped pretty fast as people caught on. Now after over a year this dead pump & dump scheme has somehow been resurrected, as you can see the price of the token increasing lately and volume ramping up.</p> <p>Your money is better off being put on solid projects like BTC, ETH and Monero. Maybe few alts like ADA or DOT. But stay away From Lition. You have been warned.</p> </div><!-- SC_ON --> Kind Regards R
<!-- SC_OFF --><div class="md"><p>I don't usually post these kinds of warning threads but the recent influx of dumb rug pulls (Luigi finance, booba finance, etc) might make this seem like a legit investment as a comparison to some people. Let me tell you something: It's not. Many shills with their bags have been storming Reddit like a month ago and /biz/ is infested with it as well.</p> <p>So a little context here, back in the summer of 2019 after LINK was listed on Coinbase, Reddit suddenly became infested with new investors, so there was an organized effort to shill them "the next Link" and distract them from actual good projects. They took the name of Lition Energy, a bankrupt German energy company and made it look like they're pivoting by launching a new green energy Blockchain project, a perfect match because investors love everything green energy related (Tesla?). </p> <p>They hired people on Fiverr to act as a CEO and other company employees, but these people had no affiliation with Lition energy and there never was any Blockchain project. If you go look up Lition energy the company, it has been defunct for several years now and there never was anyone with the name Richard Lohwasser even working there.</p> <p>And the scam fucking worked, it pumped high in a very short amount of time but dumped pretty fast as people caught on. Now after over a year this dead pump & dump scheme has somehow been resurrected, as you can see the price of the token increasing lately and volume ramping up.</p> <p>Your money is better off being put on solid projects like BTC, ETH and Monero. Maybe few alts like ADA or DOT. But stay away From Lition. You have been warned.</p> </div><!-- SC_ON --> Kind Regards R