Cardano Foundation: Cardano Gold is a Scam
Cardano Foundation made an announcement about Cardano Gold on Twitter, reporting that Cardano Gold is a scam and it is not associated with Cardano in any way.
According to the tweet, Cardano Gold is violating the registered trademark of Cardano and it is using the TD illegally.
#Cardano Gold is not associated with us in any way. It is infringing on our trademark and violating our registered TM. Cardano Gold’s use of our trademark is illegal and we urge you to beware of this #scam.
— Cardano Foundation (@CardanoStiftung) November 6, 2019
First notes about Cardano Gold were mentioned on Reddit, when one of the users posted about it naming Cardano Gold the first official scam of Cardano.
CAUTION: Cardano Gold – Is this our first official scam? I feel good about ADA’s future!
According to the website of Cardano Gold, it offers a debit card for crypto coins and tokens. It will allow cryptocurrency adopters to pay for their daily needs with cryptocurrencies and the funniest part is that its native wallet app does not support Cardano.