France’s AMF alerts Against False Regulator

Stéphane Delaplace has been falsely pretending himself as the Head of the "AMF Regulation Center"
28 June 2018   902

The Autorité des marchés financiers has published a warning against the fraudulent use of its name and contact details of this individual, who has no connection with the AMF. 

The alert is a direct answer to those individuals who are getting messages from a man named Stéphane Delaplace, who has introduced himself as the Head of the “AMF Regulation Center”. Mr. Delaplace has also been affirming to be investigating the trading platform http://www.union-crypto.com. It is worth to mention that the AMF does not employ anyone by the name of Stéphane Delaplace and any contact or correspondence with this individual should be missed.

Also, the exchange is evidently under investigation, i.e. http://www.union-crypto.com was recently informed by the ACPR (Prudential Supervisory Authority and resolution). The AMF could not conduct the trading on the territory of France without receiving adequate authorizations to provide investment services.

Such impersonations or fraudulent attempts are not unheard of, with many scammers now looking to pass themselves off as part of legitimate regulatory authorities. The AMF is appealing any and all people who get an email from Stéphane Delaplace or any other person who claims that they belong to the AMF not to follow up on this message. Furthermore, the official has adviced adressing AMF Epargne info service on 01 53 45 62 00 Monday to Friday during the working hours.

Binance to Change Launchpad IEO Rules

Binance is going to implement the lottery format for the next tokensale campaign
25 March 2019   7

Binance announced a change in the format of the next tokensale on the Launchpad platform to a lottery. At the same time, the number of lottery tickets per account will depend on the size of the steak in the BNB for 20 days before IEO.

Note that one account can get up to 5 lottery tickets. Winners will be selected by randomizer.

BNB Balance to Lottery Tickets Ratio
BNB Balance to Lottery Tickets Ratio

It is noteworthy that within 20 days before the lottery, the BNB-deposit snapshot will be carried out daily at 0:00 UTC to monitor the fulfillment of the conditions.

Each winning ticket will grant the right to purchase tokens for a fixed amount in BNB equivalent. As soon as the user informs the exchange that he is ready to use a certain number of tickets in case of their winnings, this obliges him to purchase tokens and the money will be debited automatically.

Binance acknowledged that the price of BNB may fluctuate due to daily snapshots, and its potential decline may not be covered by the benefit from the new token, and encouraged users to make informed decisions.

In addition, Changpeng Zhao urged the community to comment on the new format in a separate Twitter thread in order to make the necessary feedback-based changes, if needed.

During the Celer Network tokensale on the Launchpad platform again had bandwidth problems; many people did not manage to purchase tokens.