Ambrosus on the verge of being EXPOSED as a SCAM

"Hello AMB Community,
Having had several intense discussions with the technical team, I regret to announce that AMB-NET deployment will be delayed by 7-8 weeks. More specific timelines will be announced in early January."

Even diehard cult of TG are beginning to connect the dots

Attached: AMBLETsuicide.jpg (1004x1316, 242K)

Other urls found in this thread:

reddit.com/r/ambrosus/comments/a9jeul/delay_in_deployment_of_ambnet_revised_shortterm/
youtu.be/0mBQJxrffyU?t=750
mobile.twitter.com/ErikVoorhees/status/1076663761866436609
mobile.twitter.com/coindesk/status/1075950309061603334
wyoleg.gov/InterimCommittee/2018/S3-20181029LetterofSupport-PatrickByrneOverstock.comCEO.pdf
medium.com/@valueprop/florincoin-the-tzero-connection-66697c81c873
medium.com/@valueprop/flo-tzero-and-how-the-dlr-aims-to-disrupt-5bd34634f928
twitter.com/SFWRedditVideos

its christmas day bro, this coin is dead and noone gives a shit about it. go spend time with your family.

Not even angel has a family for posting at plebbit today and his poor employees are suffering. They will quit soon from overwork

WTF. I’m honestly getting sick and tired of all this fucking bullshit from the team. Mainnet seems it was never fucking live. Nothing more than a fucking private testnet. I’m just sold half my stack and bought more link. Fuck this shit. Mrbearwolf was right.

go kill yourself and all your relatives. you deserve to die.

This was a known scam a year ago

wew I almost got shilled into buying 10k of this. dodged a bullet there.

The vast majority of my relatives are already dead. Fuck you versetti. Fyte me irl

FULL DAMAGE CONTROL in AMB TG

ask them to show their bundle stats, watch them say some bullshit like "Ambrosus is not a financial instrument" and then avoid explaining how showing bundles makes them a financial instrument.

Hahahahahahahbaaha

Attached: D94F482A-A53D-40D9-B226-0E26941FE0F4.jpg (1242x1990, 999K)

you faggots srsly have nothing better to do on xmas than shitting a literal who coin god your pathetic lil shits

This is the most concerning part to me. Fucking scam

Where the fuck did you learn to type english? this shit dont make no sense.

Like I said I have no family nor do I give a shit about some fake ass holidays that is simply based on the pagan winter solstic. Go read a book and gain some knowledge

>Praise moloch

fuck u
not for niggros to understand

Lol I feel bad for AMBlets but they didn’t listen

Main net was actually a private test-net and the stories don’t add up.

full text that the fudjeet OP excluded: reddit.com/r/ambrosus/comments/a9jeul/delay_in_deployment_of_ambnet_revised_shortterm/

Hello AMB Community,
Having had several intense discussions with the technical team, I regret to announce that AMB-NET deployment will be delayed by 7-8 weeks. More specific timelines will be announced in early January.

Why did this happen?

1. We have performed penetration testing and ran 2 out of 3 security audits. We have found potential vulnerabilities and exploits that could threaten the integrity of AMB-NET. As a result of those tests, our technical team had to go back to the architecture to revise the code and close the holes.

2. Importantly, with the second audit of three having exposed vulnerabilities, it did not make sense to proceed to audit 3. In particular, our technical team needs to spend more time on Hermes nodes, which were designed and built from scratch by Ambrosus. As Hermes nodes are the key element that connects IoT devices to our Proof of Authority blockchain and enables recording of bundles on chain, their proper functioning is integral to the success of AMB-NET. (We intend to carry out security audits/QA on: 1) Blockchain and Smart Contracts (incl. Bridge and Masternodes); 2) Hermes and IoT Gateways; 3) Interoperability of the two)

3. Given that we were about to onboard external stakeholders to run their masternodes, but key infrastructure of AMB-NET was not secure to what we believe is an adequate level, we prefer to avoid even the smallest possibility of critical failure of the network and in particular any accidental losses of AMB for masternode operators. Performing revision of code and changes may require change of code in AMB-NET, which could be risky with external nodes onboarded on the network. While all validator nodes are run by Ambrosus, we have the luxury of resetting the network to fix problems. Once the nodes will be deployed externally, resetting the network would not be possible. This is why we are keeping current wave 0 running their nodes on the test-net, whereas we are running live simulations and stress testing on the main-net. While the team is unhappy about this delay, we feel it’s a lesser evil than launching publicly and onboard the community with possible risks of failure.

What are the next steps?

A) Technical team revises the code, based on the issues flagged by QA / security audits.

B) Repeated Security Audits are performed.

C) If all security audits indicate full safety, Wave 0 will be onboarded on main-net.

D) If only blockchain security audits indicate full safety, we may consider onboarding Apollos and Atlas nodes, without launching Hermes nodes. In that scenario until Hermes nodes are launched (Hermes are the nodes generating bundles), there may be additional temporary smart contracts deployed that would redistribute block rewards to Atlas nodes in lieu of the missing heartbeat bundles. Hermes nodes would be properly activated within 1-2 months after onboarding of these nodes.

E) Associated product releases (Wallet, Bridge, Explorer, Dashboard) are all dependent on the successful deployment of main-net with external nodes. As such, some of these products are likely to be released on test-net in January (in particular, explorer and dashboard), while the other two would be released jointly with onboarding of external masternodes on main-net, which would require both the bridge and wallet to function.

What are the tentative key dates to look forward to?

i) 2nd week January: Repeated Security Audits for Blockchain and Smart Contracts. IF Blockchain/Smart Contract security audits discover any additional security risks (very low chance), then 2-4 weeks should be added to the time-lines below. We do not, however, expect the blockchain / smart contract audits to reveal any new risks/vulnerabilities.

ii) 3rd week January: Dashboard for Main-Net open to external organisations

iii) 4th week January: Explorer for Test-Net

iv) 5th Week January: Announce Wave 1. Criterion for Wave 1 selection: the longest uninterrupted storage of AMB in a given wallet that will be used to run masternodes (or connect to the bridge). The longer someone has held AMB in their wallet, the sooner they will be onboarded for masternodes.

v) IF Hermes security audits show red flags: 3rd week February, onboard Wave 0 Atlas and Apollo to Main-Net. Launch Bridge and Explorer. (Hermes Offline)

vi) IF Hermes security audits show no red flags: 4th week February, onboard Wave 0 Atlas and Apollo to Main-Net. Launch Bridge, Explorer and Dashboard (Hermes Online)

vii) 2nd / 3rd Week March: Onboard Wave 1 to main-net.

viii) 4th / 5th Week March: Announce Wave 2 Atlas operators. Announce Auction for Apollo operators.

ix) March/April: Native AMB Wallet. (until the native wallet is released, third party wallets and console would likely be the main options for transferring AMB)

Why can’t Kate answer a simple question ?

Cause it’s a fucking scam

your mom sucking my dick and not swallowing was a scam

It's not Kate it's fucking angel versetti too scared to use his real name.
I said this before and will say it again:
THEY ARE HIDING BUNDLES TO PREVENT PEOPLE FROM DUMPING TOKENS BEFORE THE TEAM CAN.
THERE IS ABSOLUTELY NO REASON TO NOT SHOW BUNDLES UNLESS THERE ARE CLOSE TO ZERO
SEC, "FINANCIAL INSTRUMENT", IS ALL BULLSHIT BOOGEYMAN EXCUSES

They have literally no fucking bundles. This is 100% why they keep delaying this shit. If was supposed to be live in August. Kate is honesty trying to dance around the hard questions. Literally fuck amb

The “locked” tokens have been moved. What is stopping the “team” from dumping now?

Legal reprocutions

Kate is getting TRIGGERED hahahahahhahahabahahahahabbahahahahahahahahabahhababbbBbbbbbbbababbabababBbBbbabaahahhahahahahahahahaha

Cause this shit is being exposed.

Lying conniving versetti lured Ambrosus investors in with list of NDAs with huge companies
Lying conniving versetti implied partnership announcements in Q1 after NDA expiration
Lying conniving versetti said partnerships with billion-euro companies would be revealed after Berlin meetup (never happened)
>youtu.be/0mBQJxrffyU?t=750
Lying conniving versetti saw market crash and started to spread this bullshit narrative of running a "proper, anti-hype" company
Lying conniving versetti lied about maintaining relationships with all these big companies under NDA (NDAs don't mean anything, just having a meeting requires one to sign an NDA)
Lying conniving versetti lied about expecting 1 million bundles daily if 20-30% of companies under NDA sign up to use AMB-NET
Lying conniving versetti spit on investors and said they have no rights to complain after funding $30 million
Lying conniving versetti coordinated pump and dumps on biz with failed grassroots marketing like swissbro hedge fund manager, kimchiwhale, mrbearwolf
Lying conniving versetti hid mainnet explorer to prevent people from seeing low/zero bundle numbers and keep them bagholding
Lying conniving versetti hid mainnet explorer to dump team/adviser tokens
>Proof: Oliver Bussman is no longer an adviser, he cashed out and left
Lying conniving versetti is spreading narrative of "long-term future" so people won't be shocked by shitty bundle numbers
LYING CONNIVING VERSETTI LIES ABOUT 30 PARTNERSHIPS SECURED (SCAMMERS ALWAYS GO BOLD RIGHT BEFORE EXIT TO DELUDE BAGHOLDERS ONE LAST TIME)

Amblets it's time to wake up. Versetti is a sly, conniving little liar who made sure to keep you bagholding with hopes of NDAs soon and paid larpers like swissbro, kimchiwhale, and mrbearwolf. If you have any pride left, you will demand Angel versetti (Kate) explain himself and make these scammers PAY

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Based and redpilled

I've never seen repercussions spelled so fucking wrongly

Remember when Scambrosus used AMBlet lunch money to pay for fireworks, which then got cancelled? I love the fact so many anons took this supply chain toblerone tracker seriously.

LMAO

>Toblerone not even made by Nestle
>AMBlets assumed Nestle partnership

HAAHAHAHAHA

>New projects we are working on
In before they're having another ICO. Just like that other SSS project that recently got revealed,
Ambrosus will become another side hustle for the great Scamsetti.

>Muh Vlad Trifa who wrote a book about IOT
>Muh PhD Roger Wattenhofer who has 20 years of blockchain experience
>Muh vanilla niggers putting sensors on vanilla beans.

Attached: Scambrosus.png (1043x121, 13K)

He’s unironically a professional scammer.

Wow, so this is where all the retards have been hiding.

Hi Kevin. Please get the fuck off Jow Forums and stick to your cult following telegram.

kevin is volunteering his free time moderating and white-knighting a shitcoin project that didn't even include him in wave 0
make sure kevin records his suicide when the core team dumps him to the side after exiting with all funds

He is the definition of DELUDED. Fucking cult followed. So cringe.

Ooh look at all that selling. Looks like people do look at this basket weaving forum. They are the lucky ones who escaped this scam

Crypto valuations are still completely messed up.
AMB is valued at $10 million, when in reality a similiar non blockchain startup would probably only go for a couple hundred grand.

With one instant click of the mouse I purchased 20 bitcoins of this Flo token

It was in mid November and my purchase was completed for an average of 800 but caused a spike to 1000.

Every day I sleep with glee just knowing that in a few months the 20 btc of Flo I purchased will be worth an easy 150-200+ btc.

Some days I dream of it going to $100mm cap and my stack rising from 20 to 1000 btc. I slap myself back to reality and tell myself that making 250 btc on one trade is more than enough to buy curry for this entire forum for one full month.

mobile.twitter.com/ErikVoorhees/status/1076663761866436609

mobile.twitter.com/coindesk/status/1075950309061603334

Overstock CEO Patrick Byrne writes letter of support for using FLO in Wyoming
wyoleg.gov/InterimCommittee/2018/S3-20181029LetterofSupport-PatrickByrneOverstock.comCEO.pdf

New readers about Flo should check out the telegram with questions.

But first they should STUDY these two articles:

medium.com/@valueprop/florincoin-the-tzero-connection-66697c81c873

medium.com/@valueprop/flo-tzero-and-how-the-dlr-aims-to-disrupt-5bd34634f928