We have crosscheck the ICO info and found some issues like the address they claimed is belongs to other company we called to the number given belongs to Alma Contract (Clementi) and they said there is not COSS.io on this address.
They are calming to other ICO for copying is from their white paper (both are in same kind of business) seems like competition stunt from COSS.IO, we found some mistake in that doc also as per COSS.IO they have created Doc on 26/07/2017 and Other company on 16/07/2017 so how can anyone copay doc is not created yet seems like planed action by COSS.IO.
We have checked some Facebook post also of COSS.IO and found some of their users ask same questions with them and they couldn’t replay on this issue to them well picture are attached.
This act of negative marketing of other business is good when you have all the backup but seems like COSS.IO was not ready for this kind of negative marketing and it will surly effect their sales also as no one want to invest their money with any such company which work on other project rather than their project.
And other important thing to note why they are in ico it’s for companies who are in startups if they have a working platform why they are selling ICO in public offer to collect money even knowing that it’s not legal in singapore.
Some media orgnigation also in the action now with Singapore government authority MAS to ask about the company information’s
Email is attached one media agency also involving in this matter as well.
Hi officer, I am chairman at PABNA, i got to about a new startup in singapore which is not working as per MAS guidlines, as per my knowdge doing any ICO (initial coin offer) or sailing any ICO is not permitted in Singapore without any MAS approvals.
Recently i got to know about this exchange COSS.IO (C.O.S.S. Pte. Ltd.) they are running an ICO (initial coin offer for 50% profit-sharing (https://coss.io/ico)) and listing new ICOs on the exchange platform running from Singapore for trading, i just want to know under which act they are working did they took permeations from MAS for listing icos in Singapore of they are listed as an legal financial institute in Singapore. As they seems like doing wrong things in Singapore kindly update me on it as they are asking to people to invest in there ICO and they will give 50% profit sharing, And they are running remittance services also did they took permeations for it?
Even some media sources said they they are running this started with a fake address which belongs to some other company.
We want you to take action fast as it involves millions of dollars investments from pubic.
CJ & The Civilian
Print and Broadcast News Association