Scam Alert: Fake Blockchain Conference Angers Bitcoin Community



Andreas Antonopoulos too other experts hit got denied having whatever connectedness amongst the promotion of a Blockchain conference that is stated to hit got house inwards Lagos, Nigeria on fourteen too xv August 2017.

Selling faux tickets to a faux conference

The said promotion claims to characteristic manufacture that includes Andreas Antonopoulos, Jason Cassidy too Roland Alexander.

On his twitter handle, Antonopoulos denies existence scheduled to beak at the number too says that lying to sell tickets is i agency to guarantee that he is non going to the event.


President of Crypto Consultant, Jason Cassidy tells Cointelegraph that he was made aware of existence advertised every bit a speaker to this number but recently. While Cassidy expresses his excitement at seeing Blockchain applied scientific discipline bloom inwards telephone substitution areas of Africa such every bit Lagos, he regrets that inwards this case, the conference itself appears to last a poorly constructed endeavour at misdirection.

Cassidy explains:


“I hit got had no such interaction amongst the conference hosts too if y'all aspect at the speaker line-up, Andreas Antonopoulos is likewise listed too has come upwardly out too laid the tape forthwith every bit to his involvement.”

However, Cassidy notes that Nigeria is going to last a big thespian inwards the increment even for Blockchain inwards Africa, proverb that he would beloved to perish beak inwards Lagos on what is happening. However, obvious attempts to mislead Earth similar this laid the entire manufacture back. “Hopefully every bit nosotros motion forrard these situations perish the exception to the rule,” he notes.

Stolen identity

Roland Alexander, Operations Manager(Africa & Middle East) at Crypto Consultant, who is listed every bit i of the speakers, likewise denies having whatever affiliation to the organizers of this event. Alexander expresses surprise at the appearance of his profile every bit a speaker inwards an number that he knows naught about.

Alexander tells Cointelegraph:


“I was surprised to meet my flick on the proposed event. I'm certain the perpetrators of this scam number munched the pictures of myself too my partner from our company's website.

It's too then lamentable to meet a affair of this sort.”

Alexander continues yesteryear noting that the awareness of the Blockchain applied scientific discipline is growing too then fast inwards Nigeria too actions similar this is non a goodness affair for this emerging market. “Many cryptocurrency enthusiasts inwards Nigeria hit got condemned this activeness too are working to larn to the beginning of this,” he says.

Due diligence is a necessity

Alexander condemns this evolution too advises Earth to e'er send out due diligence earlier they post money to whatever private or groups.

Independent crypto group, Cryptography Development initiatives inwards Nigeria (CDIN) hit got likewise released a disclaimer, condemning the actions of the organizers of the proposed number too dissociating itself completely from the said group.

In a statement, Adeolu Fadele, President of CDIN, says:


“This is a disclaimer to inform the friends too partners of CDIN worldwide that the publicity inwards query too the grouping behind it are inwards no agency associated or connected amongst the Blockchain Nigeria inaugural of CDIN nor our Blockchain Nigeria 2017 conference which nosotros are planning. Be certain to aspect out for our logo or banking concern stand upwardly for our website for our programs inwards social club to avoid whatever misleading information. We hope y'all to aspect naught less than the best practise too the correct grade of professional person send from us at CDIN.”

Part of the computer program of the said conference involves the procedure of registration, where unsuspecting individuals volition hit got to post Bitcoins to designated wallets.

Surrounding prove seem to examine this every bit a developing tendency inwards scamming unsuspecting too ignorant newbies inside the cryptocurrency ecosystem.

Alexander concludes yesteryear calling on i too all to rising upwardly too condemn such evolution inwards other to nip the emerging tendency inwards the bud.

He concludes:


“It is actually lamentable that this is a novel agency to scam people too it is already giving Nigeria a bad paradigm inwards the crypto space. This is why nosotros should all rising to condemn this.”