# Fake partnership Alert - FAKE ICO project using Balancer image

**URL:** <https://forum.balancer.fi/t/fake-partnership-alert-fake-ico-project-using-balancer-image/456>\
**Category:** Uncategorized\
**Created:** [October 5, 2020, 6:36pm UTC](https://forum.balancer.fi/t/fake-partnership-alert-fake-ico-project-using-balancer-image/456 "2020-10-05T18:36:49Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![Username007](https://avatars.discourse-cdn.com/v4/letter/u/f07891/32.png) [@Username007](https://forum.balancer.fi/u/Username007)\
**Post date:** [October 5, 2020, 6:36pm UTC](https://forum.balancer.fi/t/fake-partnership-alert-fake-ico-project-using-balancer-image/456/1 "2020-10-05T18:36:49Z")

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There´s a person supposedly called Steve Melyn on Telegram selling tokens for an apparently SCAM project called YFinance Network. The supposed scammers are selling tokens for 1.740,000 US dollars ammount, in pre-sale without a single whitepaper or team profile.  
The website is using the image of several exchanges in order to gain attention and credibility from their victims. Poor written, gmail adress provided, no witepaper, neither team profiles on LinkedIn at all. Manager Responded agressively when asked for the whitepaper and team profiles.  
Balancer image is being used in their website under a false partnership claim.

 ![Binance](https://canada1.discourse-cdn.com/flex027/uploads/balancer/original/1X/081d8eb8f2e87dcfc2f0c0a8ce32f719ca8fd720.png)