Zelaacoin scam by Sahil Arora
Ctypto scam by Zelaa Sahi AroraZelaaCoin is a simple ERC-20 token created on the Ethereum blockchain. Everyone could create such a token with basic knowledge and without any (significant) cost. Zelaacoin doesn’t have its own blockchain, it is just a token:
https://etherscan.io/token/0x6be66252c14915e2a4f7e9621bc17365c4f35244
In a normal ICO, an investor would send his or her ETH to a smart contract and that smart contract will send the equivalent amount of tokens back to that ETH address until the smart contract runs dry and the ICO is done. In this case: The Zelaacoin token contract (smart contract) has been emptied completely and the ICO sale doesn’t use the smart contract as a way for distribution (1). Zelaacoin itself sends out transactions manually from their own wallets.
· Only 113 different addresses own 100% of these tokens (2).
The amount of ZLC that has been sold is false and is not based on the smart contract. In that case the ICO would be sold out (100%)
Even if we would assume that they preferred to fill in those numbers manually. The numbers are still false, because Zelaacoin owns more than 89 Million themselves. The amount of ZLC that has been ‘sold’ is way lower in real life
(Source: https://www.zelaacoin.com/)
Sahil Arora and Zelaacoin are already exposed in these articles –
https://medium.com/@johnwithlick/the-zelaacoin-scandal-56f19f9d5d1b
https://www.unmasp.tech/2020/05/sahil-arora-young-scam-artist-of-india.html
Scam amount 9.5 Lakh
It’s fully scam plz avoid such scam nd be aware this people is fully scammed
People are so dumb
The people dont want to realize that they lost everything Sahil is a big Scammer the people in this comments are all in ZPAE xD
Your sources are all deleted lol. Ridiculous article, Sahil Arora is a great entrepreneur whether you like him or not
Ridiculous blogpost
What is this? Both sources non existant, no evidence, terrible article..
You are a fraud
People arr hating Sahil because he has built so much and made so much money. You have zero proof for scam, just token distribution that looks like this for almost every coin.
Very dumb.