BunnyToken scam follow-up



It has been over one year since my latest post about BunnyToken so I guess it's about time to check out the current situation.

Apparently BunnyToken managed to get listed on an exchange called Yobit during last summer. I guess the scammers behind Bunny were already losing interest in the scam because they almost forgot to inform the investors about the news. 

Yobit doesn't seem to be too picky about accepting tokens on their exchange. Practically any ERC20 token will do so getting BunnyToken listed there wasn't exactly a great accomplishment. According to Bitcoinwiki "Yobit.net is a Russia based cryptocurrency exchange that is famous for its controversial nature." I did find some articles and posts online characterising YoBit in less flattering manner.


Posted on Facebook on July 2, 2018.


Shortly after getting listed on YoBit BunnyToken informed about getting listed on another small-time exchange, STEX (Stock Exchange).

I could not find BunnyToken on the exchange anymore. However, Google shows some search results indicating that the token in fact was listed there for an unknown period.






Also Coinmarketcap.com recognises BunnyToken. It seems that Bunny hasn't had much popularity in the market. The highest trading volume was reached in September 2016 going up to about 150k dollars. It has been a downfall for Bunny ever since and the current trading volume for the past couple of days shows 0 dollars.


Screencap taken on May 3, 2019. (Click to enlarge)



Who was behind the scam?


I had tried to find out who were the actual people behind this scam from the beginning. The team was all fake personalities and there was no information available of the people owning the company or who registered the website. I tried asking one of the advisors of the ICO, Alex Eikster, whether he knew who were behind this project. Eikster admitted knowing the people but refused to give any names.

Later I tried to contact all other advisors as well; Kira Queen, Nataly Gold, Katrin Tequila and Eva Berger. I wasn't exactly having high hopes of getting answers to my questions but at least Kira Queen was kind enough to respond... Well, actually she only dropped couple short lines and refused to give any names nor to give her opinion about BunnyToken after I gave her all the facts revealing it as a scam.


BunnyToken Advisors (click to enlarge)



The current situation of the scam


As I already pointed out, there seems to be no interest towards the token in the market. The token is practically absolutely worthless. The ones possessing Bunnies can't even use them anywhere because there isn't a place that accepts this scam token. As far as I know, there has never been a place to use Bunnies.

The last post on the official Facebook page of Bunny has been posted in January. The post was announcing the release of BunnyWallet on Google Play. As I'm writing this the app has been installed about 100 times. The PEGI rating of the app is 3, which is pretty strange considering that it's a wallet app for adult entertainment.




So it seems that this scam project has been abandoned and we'll probably never hear about it again. Once again scammers have learned that crime sometimes does actually pay. What comes to the investors owning all those Bunnies that were sold during the ICO, they certainly got screwed.

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