Reddit Posts
Finblox ($FBX) Taps Local Web3 Communities for Bloxies AI NFT Launch, Token surges 40%
Dragonfly-backed Crypto Trading Platform Finblox (FBX) Token Sells Out, Unveils FinGPT AI Tool Ahead of Launch
Finblox (FBX) Announces FinGPT AI Platform Ahead of Token Launch
Dragonfly-backed Finblox ($FBX) unveils FinLaunch - the World’s First Web3 Mobile app Launchpad
Sequoia and crypto exchange Finblox to Launch Finblox Token (FBX), Offering $100K for crypto traders
Sequoia and crypto trading app Finblox to Launch FBX, Airdroping up to $100K in tokens for traders
Sequoia and Finblox to launch FBX token offering a 100k Season 1 Drop
SCAM WARNING: Finblox Platform is a scam - DO NOT USE AND TO NOT BUY THEIR FBX TOKEN (research)
New GameFi Microcap Gem 💎 Free NFTs until January 20, 2022 📅 Get 1,024 Meta Boxes
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Finblox is a fraud. They stole users USDT in 2022 and then after freezing the USDT withdrawals, sold all of that USDT into their useless FBX shitcoin. Do not engage with this scam company.
lol this. I bought a small amount at its low after the FBX implosion, mostly because cc had such a hate-on for it and was all doom and gloom. Every time i saw a negative post I was like “Oh, the price must have gone up again, nice.”
Let me guess, the founder changed his name to FBX
I'm in a current FBX site, looks so sketchy to me
tldr; Crypto savings platform Finblox has partnered with various NFT communities, including Philippine-based Web3PH, ahead of the launch of its Bloxies non-fungible token (NFT) collection. The collection consists of 10,000 unique AI robots on the blockchain, and a part of it will be sold on Binance NFT. Bloxies holders will have access to FinLaunch projects, the FinGPT AI consultant, airdrops, and invites to in-real-life events. All Bloxies holders will have commercial rights, enabling them to leverage their ownership for various purposes. The primary market release of the collection will commence on July 4, 2023, catering to NFT communities and holders of the Finblox (FBX) token. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
tldr; Finblox, a crypto trading app backed by Dragonfly and Sequoia, has introduced FinGPT, an AI-powered financial consultant. The tool empowers users to optimize their crypto portfolios with advanced AI algorithms, delivering personalized recommendations and a comprehensive solution within the Finblox ecosystem. The public sale of FBX will conclude on May 17 through FinLaunch. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
tldr; Finblox has announced the launch of FinGPTP, an AI-powered financial consultant, powered by its native token FBX. FBX will be available for public sale on May 12 through FinLaunch, the world's first mobile-first web3 launchpad integrated into the Finblox platform, accessible on iOS and Android. The token's presale has already sold out. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
GTX, HTX, they should have gone for FINX not FBX
Time to take a loan, leverage into FBX, get rug pulled and destroy my life forever.
$FBX — Perhaps not the best choice of name for a token. But then people’s memories are short.
ETH is the next FBX waiting to happen.
I’m over here worried about my $600 I added to my BTC investment, 87k in FBX? Uhh dam son
When you think FTX and others are the worst plague to happen to cryptocurrency, something worse pops up. This is simply demonic. If truly you have 87k locked against your will, it is a miracle you are typing. Because I can't breath just thinking about it. This is beyond heart breaking. Thank you for calling these people out, be certain that after a thorough investigation, if they are in fact guilty of the alleged theft, their FBX will be rejected by the cryptocurrency community.
OP did you really put any money in a project that has THIS on their front page: > **Supercharge Your Crypto** > Trade and earn up to 100x in rewards on your favorite crypto assets! Powered by FBX, the native token of Finblox.
I hope to get it back via FBX over time as one of the users. Here you are basically chasing clout to earn moons.
I saved everything for court case so could include all the screenshots and long descriptions but no one would bother reading all that stuff. My post here just meant to make people aware of the situation and make sure they do not buy their FBX token and do not send money into that platform
FBX must be a meme surely given FTX? Aren't they trolling us now?
+1 to this 👆bro, you took the risk by depositing funds, they lost 50% of it - unless they said they’d use your funds deposited differently otherwise there is no scam or fraud. Now you can only hope your FBX bag will moon
I received their $150 by error a few weeks ago and immediately asked them to convert it back to FBX - probably some issues there but i'll ask them now as it is surprising. The funds for the buyback were obviously coming from their own reserves - it's their choice to do so and the buyback makes sense for the less happy ones. I see no evidence to back up the fraud claims and it seems like you're just posting their announcements with negative flair and enjoying it - just calling something fraud 50x times does not make it a fraud - it’s been almost a year and no legal action from anyone or any regulator. We took the risk and deposited (they never misrepresented how the funds are used, correct me if wrong), and lost during the worst crash in 2022. At least they did not blow up entirely like FTX, Blockfi, Gemini, Celsius where users are being served with nonsense Chapter 11 emails with NO recovery. If declared bankruptcy like others, we would not have seen anything close to the immediate 50% repayment. Celsius - 0% Blockfi and FTX - 0-5% Gemini - max 10% plus I’m happy to have gotten 150K back and some solution for recovery but with an upside. There is a significant amount of onchain data (several million) pointing to the connection between 3AC and Finblox, and notable press releases on Coindesk and The Block from June. 3AC also invested in Finblox seed round so it makes sense. If the allegations were false, someone would have refuted them by now. The solution they implemented made the most sense - if it was scam it would make sense for them to just quit and run. I appreciate their transparency and trust them after all this - my trust is based on my own research and logic, not any personal "charm" from Peter :) The team has definitely proven themselves to deal with adversity
"FBX" is far too similar a name to "FTX" to be putting that kinda $$ in there. Bet it's owned by *Dan* Bankman-Fried
Hey man, I also have $3K USDC in that platform. It has also been converted to FBX. A lot of people that are new here didn't have to go through the whole Celsius meltdown with regard to Finblox. Let me know if anything comes of it, but a lot of CeFi that we're exposed to Celsius are sort of fucked. Fingers crossed though, I'm in the exact same boat as you.
They just are coming out with a token and name it FBX? Isn't that a little too close to FTX? 🤦
Trade and earn up to 100x in rewards on your favorite crypto assets! Powered by **FBX**, the native token of Finblox. A way to close to **FTX** to be using it right?
"Trade and earn up to 1x in rewards on your favorite crypto assets! Powered by FBX, the native token of Finblox."
Little tip for everyone out there. If you see an advertisement for a coin/platform. In this case, FINBLOX or FBX. Go to coinmarketcap/geko and type it in. If you see Market data is untracked| This project is featured as an 'Untracked Listing Avoid it, it is 99.9% a scam.
>Now they are running an ICO and they swapped the frozen USDC into their shitty FBX token without the permission from the users. A literal scam and fraud. I bet it's in the Terms and Conditions that they're allowed to do that and you just never looked.
Not satisfied with FTX.. now FBX? what the heck is FBX anyway? Fuck Box?
Adding few points on top of what OP has mentioned. 1. Finblox tried to do ico by partnering with Krystal defi but Krystal defi backed out when finblox creditors informed them about debt owed by finblox and debt that finblox already converted to their illegal fbx token. 2. Finblox after illegally converting it's debt into fbx tokens have asked creditors to opt-in if they want finblox to buy back fbx token from creditors using 30% of funds they plan to raise doing public sale of fbx. Essentially soliciting and running a ponzi. 3. Finblox is not generating yield on its own. It doesn't have any advantage over defi platforms and some stable cefi platforms because based on on-chain analysis, finblox was found to be using other cefis to generate yields. 4. Finblox is marked as a scam in the US and Hong Kong and Singapore are currently investigating them. 5. Finblox tried to threaten creditors with SLAPP lawsuits when creditors didn't agree to convert their money into fbx tokens. 6. Finblox was asked to provide agreement which shows that finblox is allowed to convert users/creditors funds into any token. Finblox never provided any documentation. 7. Finblox was informed that it will be committing willful fraud by forcing illegal fbx token to it's creditors because finblox is not licensed or registered to do ico in creditors countries of residency. Finblox was asked to provide proof that they are licensed and registered to do ico but Finblox never provided any documentation because they don't have it. 8. Finblox Ltd was registered in Hong Kong(CR# 3094354) and is now registered as FBX Technology Ltd in British Virgin Island(BVI). Now they are marketing finblox.com finbloxapp.com as a product of FBX Technology Ltd along with a new product they have launched called destinyx.com. They don't have money to pay back creditors but have money to build new products to scam more people.
"FBX" The name of the coin is to close to FTX so it's clearly a scam
Their token being FBX is already a bad sign.
I must have a laugh that they are dealing in “FBX”. *”No, this isn’t a scam, you must be thinking of FTX!”*
USD (Universal scene description, not the currency) is gaining a lot of traction and already is supported in Unreal engine, so from a technical standpoint this could definitely work. USD is a standard format which works across applications and unlike Alembic or FBX it have data overwritten for specific layers of the file. For example you could easily pull a part of a USD and apply parts of it to another USD. There are some standards you need to adhere to when constricting your USD files to make it work across every application but it does work fine. All this metadata could be written into an NFT.
No. Exchange collapse just wrecks public opinion. The public doesn’t know the difference between FBX and BTC.
This not why FBX failed. This is actually how every exchange works, whether Bitcoin or USD. It’s also how every bank works in the real world. If you send money to someone else and you both happen to be with the same bank, no point _physically_ moving cash - just remove the number from your account balance and add it to their account balance. This is not an issue. Just be sure to move your Bitcoin out of the exchange eventually.
The plan was for FTX to fraudulently lend out user funds and then not being able to actually return them 1:1? Yeah, CZ did that lmao - FBX has no one to blame but themselves.
One of thing NFTs should start concentrating on is these "microtransactions" of assets. Idgaf about your bajillion dollar Frothing Gape Schooner Club if all you're going to talk about is its value. Why does everyone have to scream "provable scarcity" at the top of their lungs. NFTs are bigger than collectables. It's just doing NFTs a disservice. What about assets which can be built around an open standard where an ecosystem could use it interoperability within projects built under the same open standards. We don't need a bazillion standards that just try to hype provable scarcity and "ownership". We need an ecosystem of tools that allow NFTs to be created straightforwardly under open standards which can meld with multiple projects if wanted. Like you can make a 3d file in Blender and export it as an FBX file to use in Unreal Engine. Anyone can use FBX files, anyone can use Unreal Engine, anyone can build a bajillion different games using the same standard(FBX). Maybe we have that already? But nobody really uses it to that effect because they're too busy trying to shill their bags and be the next NFT project owner making millions of people and/or rugging. Like c'mon guys, don't do the tech dirty like that.