Summary
- Main reasons for dead coin listing Scam or Other Issues.
- Started 2018, Ended 2019.
- Social media ended 2019.
- Trading ticker (FOIN).
- Total coins unknown.
- Not available to trade on any exchanges.
- Was built on standalone blockchain.
- Website is down.
- The Founder/SEO is Unknown.
Details
There has been reports that Foin is affiliated with Financial.org and Financial.org is officially on a number of alert lists.
Financial watchdogs in Britain, Indonesia, Laos, Malaysia, the Philippines, Singapore, Thailand and the United Arab Emirates have placed the company on alert lists of unauthorized investment firms with whom investors should exercise caution.
The company unilaterally converted investors’ dollar accounts into its own FOIN cryptocurrency in June last year and blocked them from withdrawing.
(Reuters)
the company converted the funds into crypto without users consent. It wasn’t even the investors choice to invest in the crypto in the first place. The firm used cryptocurrency hype and Formula 1 to fool the investors for more than a year.
(Coingape)
Links
CoinMarketCap (warns users to do further due diligence before investing)
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