Bee Token ICO Investors Robbed by Scammers for 700 ETH

The potential investors of Bee Token ICO received phishing emails which contained fake cryptocurrency addresses for their contributions
01 February 2018   577

Bee Token is a San Francisco-based startup utilizing an ERC-20 ​utility ​token for its Beenest decentralized home-sharing network. The investors who were waiting for their opportunity to join the Bee Token ICO were reportedly robbed for more than 700 ETH.

Scammers managed to collect the emails of potential investors of Bee Token, and sent out phishing emails stating that the token sale started, and offering users to send their contributions to Ethereum address.

Phishing email for bee token investors
Phishing email received by Bee Token ICO Investors

The Bee Token ICO scammers have reportedly managed to steal over 700 ETH (830,000 USD). The founders of Bee Token company confirmed that the above mentioned emails were fake and that they do not send any messages regarding the modification of maximum contribution limit.

The Bee Token has received reports of fake emails, Telegram accounts, etc. claiming to represent the Bee Token ICO Token Generation Event. Please note that we will NEVER EVER communicate an Ethereum address through an email or Direct Message to you via Telegram.

Bee Token Security Announcement

In one hour after the phishing attack, The Bee Token team sent out an email, warning the investors about fake emails and telling them that the real ICO address can be found only on the official website of the ICO.

Recently we have reported that Bee Token announced a new partnership with WeTrust, a blockchain-based platform for financial empowerment, to provide a decentralized insurance layer based on crowdsourced security deposits for Bee Token users.

TOP-3 Ongoing ICO 14 - 21 Mar According to Our Readers

Let’s check which ongoing ICOs from 14th to 21st March are considered the best according to our readers
22 March 2018   217

Our readers are dedicated cryptocurrency enthusiasts and fans of blockchain technology. We provide them with the ability to express their opinion regularly. Let’s check top three ongoing ICO according to our readers.

1. BitCar

Hyper car asset tokenization. BitCar is the first platform in the world that will allow you to P2P trade fractions of exotic cars using your crypto. Owners can peg their crypto to these hard assets for protection during times of high crypto volatility. Users will have access to this historically outperforming asset class for the first time through BitCar. BitCar will then also seek to provide fractional ownership services to the very large automotive industry using this new decentralized blockchain technology.

Bitcar ICO
Bitcar ICO

At the moment of press, tokens worth SGD 9.2 Million were sold during ICO. Great result!

2. Datarius

Datarius cryptobank is a decentralized partially closed system. As a P2P platform, the system enables users to decide themselves whether to use any of variable services and applications. This in turn allows to almost completely reduce transaction costs. Datarius serves as a direct link between lenders, borrowers, and the related services – managers, analysts, insurance companies, funds, trading terminals.

Datarius ICO
Datarius ICO

At the moment, $888 737 raised during the Datarius ITO. Good result!


The ADAMANT project is made to respond to the question of trust in private data transfer security, since it is based on a proven to be robust Blockchain conception, and its program code is open and public. The project uses modern encryption methods and unique Blockchain technology and provides a high guarantee of confidentiality of the information transfers among all users within the system.

Adamant ICO
Adamant ICO

Adamant team was able to reach soft cap! $532 949 raised! And the sale is still going!

We will keep our eye on these campaigns and we hope that their projects will be successful. We are really grateful to our readers for your opinion expression. Please, check the updated Top Ongoing ICO and take part in new poll!