Cloud Token collapse due to hackers, COVID-19 & authorities
Cloud Token collapsed during October of last year.
Rather than just admit the company’s withdrawals exceeded investment and collapsed, admin Ronald Aai has been stringing investors along for months.
After deleting his social media profiles and disappearing earlier this year, Aai has appeared in a new video update.
Instead of just admitting Cloud Token was a Ponzi scheme and collapsed though, Aai is blaming withdrawal problems on hackers, COVID-19 and the authorities.
Appearing from an unknown location and sitting in front of a green screen, Aai (right) begins his excuses with hackers.
[1:42] I believe that there are a lot of attacks that is happening to hit our servers.
But because of (server) architecture that’s been done, it’s also a bit difficult for the attackers to actually hit.
So I believe that some people employed another tactic … which is to physically gain access to my devices, in order to access the servers to bring it down, or to access it and things like that.
[2:29] We are still in the midst of trying to figure out whether is there any compromise on the system itself.
Aai claims the incident (which isn’t specified) has been referred to “the authorities”. No specific details are provided.
Elsewhere on the internet, Cloud Token investors are circulating a much more dramatic story.
On the 30th of April, Ronald Aai was assaulted and kept captive by a group of people who stormed into his dwelling.
We are happy to announce that he is now safe and unharmed, and is even back at work.
The criminals however did force their way into Ronald’s computer, and stole both his and some other Cloud 2.0 members personal security keys, assets and also damage computers, smartphones and cold storage wallets.
The Taiwan prosecutor has filed a case to investigate and identify those involved. Strong legal action will be taken against them immediately.
Considering Aai is based out Malaysia and run/ran Cloud Token from Singapore, why Taiwan is involved is unclear.
Surely such a crime would be investigated domestically? Unless of course Aai has fled Malaysia and Singapore for Taiwan… but who can keep up with the story.
Anyhoo, next up we have COVID-19.
[7:00] So it’s May, we have lost a good deal of … at least four months on our plan due to the COVID-19 epidemic.
All of this has caused a lot of delays.
Which is followed up by the revelation “authorities” have supposedly frozen Cloud Token investor funds.
[7:29] The funds that is supposed to be released is now frozen by authorities, due to complaints and things like that.
Pretending that he’s not sitting on a pile of investor funds, Aai claims he’s personally bearing the cost of keeping what’s left of Cloud Token running.
Looking forward, while it’s been impossible to withdraw real money out of Cloud Token for over half a year, now CTO token returns are also being disabled.
[10:25] Due to the recent happenings, I have to stop the CTO payouts, and the community payout in CTOs, in order to ensure that the system is not compromised.
Eights months after Cloud Token collapsed and stopped paying ROI withdrawals, Aai continues to beg investors for “more time”.
Why trot out one exit-scam excuse when you can use all of them.
My own guess is a group of investors, or someone acting on behalf of them, interrupted Ronald Aai’s Ponzi retirement.
The only reason he’s resurfaced is to placate other investors into not taking the same course.
Or this could all just be bullshit. Wheeee!
The news of the assault comes from Shohan Bawala so you can bet the farm it’s bs since Shoham can not be believed…
Shohan is amongst the lowest of the low when it comes to scammers …
So now that it’s established Cloud token is an ongoing scam, as a citizen of the U.S. who do I contact to file a complaint for being scammed, and document it as a tax loss?
Thanks
In the US the SEC handles securities fraud.
Make sure you let them know the US residents who headed up the team that recruited you into the Cloud Token mess.
Ronald Aai and Cloud Token in the Taiwan newspapers:
taipeitimes.com/News/taiwan/archives/2020/06/18/2003738441
Too little too late. This is what happens when victims drink the kool-aid.
Aai won’t be returning to Taiwan any time soon.
Cloud Token users have been reporting that their Ethereum has vanished from their Could Token Super wallets:
youtube.com/watch?v=lP-VcUqEnQQ
Cloud Token claims this was due to a sophisticated hacker attack:
youtube.com/watch?v=EZ0vAV6XmAk
It has been a slow motion exit scam for about a year now for Cloud Token.
This laughable “hacker attack” indicates that they are starting a new phase in emptying the funds from the remaining victims.
The Youtuber guy from the links above is pretty much the only active CloudToken follower left.
This is the alleged Super Wallet address the promoter showcased in the first video:
etherscan.io/address/0x005b7c82cf85414174b117D868088DAF03a7D000
If this address is indeed somehow related to Cloud Token scam, what seems to be going on based on my quick analysis of ingoing transfers to that wallet, is that thousands of addresses(CT victims?) had extremely small amounts of ETH in them (most of the adresses emptied erilier), which were pooled in this account, and transferred in two bigger transactions (15 ETh and 242 ETH)
If you track the outgoing transactions of 242 ETH, you can see a (pooling?) account(etherscan.io/address/0x21542a8992067a1708cb7e0f57e7216876338440#analytics) which saw ca. 1 million euros worth of ethereum transiting it over a couple of days, which went to number of addresses which sold them on crypto exchanges.