Another initial coin offering has been outed as a scam after it listed actor Ryan Gosling as the project’s graphic designer.

A while ago, Twitter user @CryptoShillNye was perusing through ICOs when he came across something unusual on the website for Miroskii, a blockchain banking startup that claimed to have raised more than $833’000 from 389 contributors. The project’s graphic designer, “Kevin Belanger,” bears more than a passing resemblance to actor Ryan Gosling.

ico scam

Now it’s possible that Mr. Belanger just missed his calling in life as a Ryan Gosling body double/impersonator. However, developer Claus Wahlers did a bit more digging into Miroskii’s team and found, unsurprisingly, that the other team members are apparently fake as well. Most of the images are stock photos, while several were taken straight from social media public profiles.

This discovery quickly made the rounds on social media. Likely realizing that there’s no way out of this, the person or group behind the Miroskii ICO took the website offline, closed the projects social media accounts, and went off with their $833’000 worth of scammed proceeds, assuming their published figures were accurate.

Red Flags Abound

However, an archived version of the ICO’s website reveals several other red flags that investors should have noticed.

First, Miroskii which describes itself as a “Bank without any Bankers” claimed that “Visa, Master Card, Maestro Card, American Express and many more” card issuers had signed on to issue Miroskii-branded cards.

While cryptocurrency-funded debit cards do exist, they are currently only offered by a few companies, and it would not make sense that a startup would ink deals with three different card issuers. Moreover, this claim has been used to promote several other ICO scams.

Second, the website indicated that Miroskii Coin (MRC) was in the process “to get regulated under the EUROPEAN [sic] Union.” While it may be true that reads merely “decentralized bank” would have been subject to EU regulations governing financial institutions, the project’s creator clearly meant to intimate that the company would receive a banking license, a highly unlikely scenario.

Third, Miroskii claimed that MRC had already been “tested, approved and accepted by most of the industry giants who have already started using the MRC in their closed B2B sector.” While perhaps technically true that MRC had been accepted by all of the companies that had started using the coin — i.e. zero companies — that is kind of not what the author meant to convey. Were MRC really being used by “industry giants,” why had this not been reported in the mainstream press?

Finally, the project creators were too lazy even to write a whitepaper, as a link on the ICO’s website simply reads “whitepaper coming soon.” If an ICO truly was in the process of applying for a banking license, had been pilot-tested by B2B industry giants, and had reached agreements to issue branded debit cards, one imagines that the project’s developers would have found time to compose a whitepaper, or at least plagiarize one.

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