The Allegation That HE Coin Is Fraud Confused

Suspicious details have emerged about a cryptocurrency called HE Coin, which is only traded through its mobile app. Despite the fact that the project is shown as foreign-centered and the promotional materials are written in English, it is stated that it only targets investors in Turkey, and even belongs to Turks.

Although the world of crypto money is a great source of income for investors, the fact that the sector is not yet fully mature causes some malicious people to appear. Especially in the rising periods we are currently in, there is an increase in fraud and forgery cases.

A new example of these cases emerged the other day. on the website “What if a cryptocurrency was entirely managed by its own community?stated that he set out with the vision of HE Coin Network The new project, named, contains a fraud attempt behind the sharing of many investors. Looking at the details of the project, it is possible to come across details that raise doubts in this direction. The most detailed explanations supporting the allegations are the crypto money phenomenon. Lord of Crypto It was done by.

“HE Coin is a Turkish project disguised as a foreigner”

Lord of Crypto, who first said on October 21 that some phenomena were advertising a suspicious project in exchange for money, then started a detailed research and in this research, Twitter user From research by ZomyzoX took advantage. After sharing Tweets about the project from a fake and newly opened account, he started to explain the details. According to the information that emerged, the project looked like a Turkish project that was disguised as a foreigner.

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In the records of HE COIN NETWORK LTD., a Turkish name was shown as the company official, as if supporting this theory.

However, the company On an island in the Indian Ocean was displayed. On the other hand, in the address section of HE Coin Network’s Twitter account. Millbury County in Massachusetts it seemed:

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  • The website created for the project was registered on the purchased domain name for only 1 year.
  • The name of the person who registered the domain name is paid for an extra fee. hidden, also using Cloudflare servers running the site was hidden.
  • created for the project Everyone who joined the Telegram channel was Turkish. This was quite a strange situation for the project, which said it was global.
  • Sales of HE Coin, the project’s cryptocurrency directly to an address by transferring cryptocurrencies was being carried out. It is possible to say that there is no guarantee in this transaction.

Many investors reported that they suffered: Some investors who gave money could not get neither the crypto money nor their money back.

Many investors who participated in the first pre-sale of HE Coin, which started at 19.00 yesterday, stated that they experienced grievances. Some users stated that they could not make purchases at the promised price during the pre-sale, instead they could buy from a much higher point. So much so that, according to Lord of Crypto, some investors who gave money to have crypto money by participating in the HE Coin pre-sale did not have any crypto money. Moreover, he could not demand their money back.

HE Coin Network responded with a statement in Turkish, and apologized to those who suffered. However, their sharing caused even more strange feelings among investors:

HE Coin Network, which appears to be based abroad, made a Turkish statement on Twitter, including an interesting typo:

HE Coin Network, which says it is a global project and only works with Turkish influencers, stated on Twitter that they felt obliged to make a ‘Turkish’ statement on these allegations. Their description was as follows:

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The Turkish error in the statement also supported the claims:

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  • While the fate of HE Coin Network is not certain yet, most phenomena have been found to remove their positive posts about HE Coin Network.

We continue to follow the details on the subject closely. We will keep you informed as developments occur.


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