Tribal Finance publicly announce exit scamming with their Coinlist ICO customers money

Tribal Finance publicly announce exit scamming with their Coinlist ICO customers money

In a shocking turn of events, Tribal Finance, the once-promising crypto project that captured the attention of investors through its initial coin offering (ICO) on Coinlist in 2022, has publicly announced its intention to exit scam with its customers' money. Following years of recurring delays, lack of updates, and mounting speculation, Tribal Finance dropped a bombshell today by declaring that the Token Generating Event, which investors had been eagerly awaiting, may never come to fruition.

People in the Tribal Finance Telegram group are already speculating on whether the whole Tribal Team is made up of fake profiles or not. Some members are actually quite suspicious. They asked Tribal's backers and found out that some of them denied being Tribal's partners, raising questions about a potentially long-planned exit scam.


The announcement has sent shockwaves through the cryptocurrency community, leaving investors in a state of disbelief and anger. Many had placed their trust and capital in Tribal Finance in the hopes of reaping potential rewards from the project's innovative blockchain technology. However, it now appears that those hopes have been dashed as Tribal Finance seems to have vanished into thin air with their funds.

As the news spreads like wildfire across social media and forums, questions arise about the fate of the investors' hard-earned money. What will happen to the funds raised through the ICO on Coinlist? Will there be any recourse for the affected customers, or are they now left empty-handed and disillusioned?

In the wake of this scandal, all eyes are on Coinlist as investors await clarity on how the platform will address the situation and potentially compensate those who have been duped by Tribal Finance's exit scam. The reputation of Coinlist hangs in the balance as they navigate the fallout.

For now, investors are left to grapple with the harsh reality that their investments may have disappeared into the void of Tribal Finance's exit scam. As the cryptocurrency market continues to evolve and mature, incidents like these serve as a stark reminder of the risks and uncertainties inherent in this rapidly changing landscape.