First IEO launched by Bitcoinus is an obvious scam from both sides | TokenRoll

The IEO TokenRoll is registered in Estonia (just like the Lithuanian based Bitcoinus) but TokenRoll is operated from Turkey. Bitcoinus made a decision to get involved with IEO (Initial Exchange Offerings) and their first one is an outright scam that doesn’t even require an in-depth look. The first warning sign is when your Head of […]

Blockchain Solutions Signs Training Agreement with Vilnius College (Vilniaus kolegija)

Only by working closely with companies and organizations can we ensure that we prepare the right professionals to find their way into the business world. Step towards this – the first cooperation agreement with UAB Blockchain Solutions was signed this year. Waiting for many common activities! #Vilnius College On the 5th of September 2018 the […]

Who is Zavier Murtza (Xavier) | Co-Founder and CEO of Bitcoinus, Managing Director of V-CM International Credit Management Limited and and Advisor to Agro Stock Exchange (ASET) and Tevel ICO?

Contact Information Zavier Generate Murtza as he is legally known or Xavier Murtza as he seems to use in many places appears to have a debt collector and baliff work history, his role as CEO and Co-Founder of Bitcoinus appears to have been purely to conceal the alleged scamming by the other two Co-Founders and […]

Advisor Dylan Sharkie departs after discovering past of Bitcoinus Co-founder Tomas Mickauskas

Dylan Sharkie an advisor to many Lithuanian ICOs including Bitcoinus was confronted regarding his involvement with scammers on the Bitcoinus project and claimed he knew nothing of the Tomas Mickauskas TokenDesk Spice Scam. It’s interesting that Dylan knew about the million pound charity scam that Tomas Mickauskas was involved with but only when he found […]

Bitcoinus Payment Plugin Statistics

Bitcoinus raised over $20,000,000 in the ICO and made a lot of promises but they have filed to live up to most of these. Payment plugin development for “WordPress, OpenCart, Woocommerce and custom web platform integration has begun and development of Shopify and Magento plugins commenced” the week of the 8th of May 2018. WordPress […]

Allegations of Scamming made against Povilas Ruzgaila

These allegations have been raised a number of times and neither Povilas Ruzgaila nor TokenDesk have ever denied them. Povilas Ruzgaila was running a company called Scand Jobs operating from Žemaitės g. 22, Vilnius 03201, Lithuania and working with an Arturas Maculevicius. They were charging 499 lt (Lituanian Litas – approximately €170) for recruitment services […]

What role did Povilas Ruzgaila play at TOKIA when working at TokenDesk and Bitcoinus?

The TokenDesk ICO TOKIA had support from Povilas Ruzgaila who never mentioned the conflict of interest when promoting TOKIA in their Telegram group. Not only was Povilas Ruzgaila working for TokenDesk at the time he was also involved in another ICO called Bitcoinus which of course is yet another of the TokenDesk ICOs. Telegram isn’t […]

Detailed Blockchain Analysis on Bitcoinus Transactions raises many Questions

Summary This summary isn’t going to offer any answers in black and white, some of the findings will be based on assumptions that have been made based on findings in related wallets that have not been documented due to time and/or the extent of work required, some findings will be based on assumptions from information […]

Bitcoinus ICO Financial Results

Token Sale | 22nd of January 2018 to 10th of May 2018 Bonus Tokens 22/01/2018 – 22/02/2018 | 47% 23/02/2018 – 23/03/2018 | 40% 24/03/2018 – 15/04/2018 | 30% 16/04/2018 – 01/05/2018 | 15% 02/05/2018 – 10/05/2018 | 5% Tokens sold | 44,294,347.651966078061368502 BITS Team Tokens | 15,000,000 BITS Amount raised USD $20,534,500

Updated Bitcoinus Smart Contract requires Token Swap

The Swap On the 8th of February Bitcoinus announced that they were upgrading the Smart Contract and this required a token swap however and at the same time they are encouraging investors to keep their tokens in the Bitcoinus wallet which is access via their website. One small part they failed to communicate was that […]