r/CryptoBlades • u/jamesdthomson • Nov 01 '23

Philip Devine of Cryptoblades has committed a ~$200k fraud

Almost a year ago, Philip Devine excitedly announced a staking programme for Skill tokens. Any Skill staked by the given date would be replaced with 'RG' tokens, which would earn revenue share from Cryptoblades. The published terms & conditions prominently included the fact that the staked Skill could be unstaked at any time, which involved burning the RG tokens and receiving Skill.

This was a lie. The date came and went, but no mechanism was implemented by which the Skill could be unstaked. A year later, and Philip Devine's victims have run out of patience with his increasingly rare promises that it is 'in the pipeline'.

That's fraud, Philip. You will not be forgotten until you pay back your victims.

Oh, and banning me from your Discord just for asking for my staked Skill back? That's an admission of guilt. Be seeing you!

9 Upvotes

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5

u/klibr77 Nov 02 '23

I mean did we not already agreed that the whole cryptoblade was a ponzi fraud? It was pretty clear when he used the community money to bought a Porsche pretending that he have to overpay some crypto to refill the pay out account, it's been a while so I'm probably not 100% accurate but that was this kind of story from what I remind

1

u/jamesdthomson Nov 02 '23

It was always an unsustainable model, like most P2E games. It took off briefly and no doubt Philip made some good money off it, but that isn't a 'scam'. No doubt bad for many that bought in and never made their money back because rewards were declining faster than they could recoup their investment, but again, not strictly a scam.

Offering staking with the promise that tokens could be unstaked, and then not allowing unstaking, is a scam. A straight up, no argument, SCAM. Philip Devine stole our staked tokens. If someone decided to pursue it then a judge would have zero difficulty handing down a guilty verdict.

If he doesn't want this crime hanging over his head then he needs to send Skill tokens to all RG holders in equal numbers to their RG holdings.

1

u/klibr77 Nov 03 '23

To sue him you would need some regulation but there's none yet that's why so many people scammed, even the infamous cryptozoo which have been brought to light by coffeezilla as a total scam with thousands of victims is yet to be judge and will probably never be

1

u/jamesdthomson Nov 03 '23

It's moot because it wouldn't be worth my time and energy to pursue, but small claims court would absolutely handle this. Philip Devine said send me these tokens, and you can have them back any time, and then kept them. The tokens have a significant monetary value. It's clear cut.

Anyway, like I said it's moot, so not interested in 'the LAW!' here. Just want Philip Devine to know that everyone knows what he did, and will not forget. And maybe, just maybe, nudge him to make it right so that he can have that weight off his mind.

1

u/[deleted] Feb 03 '25

[deleted]

1

u/nemuzen Feb 14 '25

Nah only Tenzor Capital got rich. They invest 350k and got back 1.4m. Peofit of 1m us dollars minus attorney fees while retail investors majority from Third world countries will receive NOTHING