Scrinium.ai Unapproved

Scriniu.ai, launched in late 2017 as an AI-driven cryptocurrency project promising blockchain-based data analytics for finance, raised funds through an ICO tied to the SCR token. It claimed a Dublin base and a team of experts for secure, decentralized AI tools. However, investigations reveal it as a classic case of ICO-era fraud. The whitepaper listed dissolved company ABT Technology Limited, with no active records, and team profiles like CEO Sebastian Forbes turned out fabricated—LinkedIn pages lacked verifiable histories and appeared in multiple scam ICOs. Metadata from promo materials pointed to Russian and Moldovan sources, clashing with the Irish claim. Domain registration aligned with other dubious projects like MBC Coin on December 16, 2017, suggesting a coordinated scam network. No independent media coverage exists beyond paid posts, and contact emails went unopened, signaling abandonment.

Red Flags and Scam Evidence

Early exposure came from a 2018 Steemit analysis linking Scriniu.ai to a ring of fraudulent ICOs, including Union Paycoin and geCryptoXchange. Advisors like “Simon” had blackhat SEO ties and promoted similar schemes. GitHub repos showed post-ICO edits by a developer with no real blockchain experience, starring only a NoCode tool. Victims reported lost investments after tokens proved worthless, with no product delivery. While no formal charges emerged by 2025, the pattern matches 2017-2018 ICO busts where 80% of projects failed or scammed, per SEC data. Sarcasm aside, promising AI revolution but delivering ghost profiles isn’t innovation—it’s a neat grift.

The Censorship Approach: Total Digital Evasion

Scriniu.ai stayed under the radar by avoiding all public platforms. No Trustpilot or BBB profile meant complaints couldn’t build. Emails to listed contacts bounced or went unread, and social media was promo-only, with no replies to scam queries. SEO ensured search results favored whitepaper fluff over exposures. This ghosting kept the project invisible post-ICO, burying any whispers in obscurity.

Why They Hide It: To Cash Out Without Questions

Scriniu.ai needed silence to extract funds during the 2017 hype. Public backlash could have halted investments, but with no regulation, the team vanished after raising unspecified millions. By dodging forums, it evaded probes, leaving victims chasing air. In ICO Wild West days, opacity was the perfect exit strategy.

Conclusion: Shun Scriniu.ai Remnants

Scriniu.ai exemplifies ICO fraud with fake teams and no delivery, wasting investor trust on vaporware. Potential backers, skip it—demand verified credentials and audits. Regulators like the SEC should track similar ghosts for restitution. Crypto deserves substance, not smoke; time for cleanup.