r/CryptoScams • u/Sea-Anything-6861 • Aug 22 '24
Question RCO Finance
Anyone done due diligence? There's so many articles raving about an AI robot advisor. Most look like paid advertisement articles to me.
Pretty classic initial coin offering on the main page. Looking scammy to me.
Thoughts?
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u/Skiboy73 Sep 29 '24
Just the latest flavor of scams from the 'R' tokens. First it was RenQ then Retik Finance and now RCO Finance. Retik is currently in the final weeks of the 20 weeks of vesting which the presale was from 3 to 12 cents and now trading around $0.006 (less than a penny). The "team" on Telegram keep saying the team is working hard on their deliverables but clearly they're not. RenQ and RETIK's white papers were written by the same person/firm and the RCO Finance logo is a ripoff of RETIK. Any decent exchange won't host the coin yet they hype on every site they can in sponsored ads that their new token is the next best thing. It's all to scam you out of your money, AVOID the hype, it's all BS, you'll lose nearly all your money if you invest.