About morh pool that operate in india

Morh pool a pool system of cardano that operate in india . Now they refuse to withdrawals amount . How to survive small investors it’s matter of trust on cardano system. Morh pool ( cardano pool system ) Important Notice - Cardano ADA Node!

As per Recent Updates In World Market

    1. Traiff on Crypto By USA Government
    1. Cardano To Be Added In USA Gov Reserve
    1. Many More Updates Under Process

So, Morh pool Has been Decided & Also Guided by Cardano To Discontinue the Affiliate Program with Staking Program.
So All Our Respected Staker’s of Morh Pool Are requested to Raise the claim agaist Your stake of ADA, So that As Per Insurance Policy With Morh Pool You Can get your Pending principal ADA In Your Morh pool Wallets. Our concern is it right or scam

Im not really sure whats your issue here. Could you please elaborate?

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Just to be clear, did you send them money like US dollar?

As Fabian, I don’t really understand what you are trying to tell us.

Did you “stake” on myadapoolnamerocks.com/myadapool.net?

I’m afraid that site is a scam.

  • It talks about “Mine Pools”. We don’t call it “mining” on Cardano.
  • It asks you to create an account (and probably then to send them money or cryptocurrency). That is not how staking on Cardano works. With legitimate staking, you only delegate your account to a stake pool. ADA never leave your wallet and stay with you. You also don’t need an account with the stake pool for that.
  • Most of the texts on the site are copy and pasted from elsewhere. At some places, they did not even change the name of the stake pool.
  • That site has nothing to do with India. They claim to be located in Germany, but a company by the name of “MORH ADA POOL GmbH” does not seem to be registered in Germany. The given address “Kastanienallee 369, 10435 Berlin” does not exist. (The highest number in that street is Kastanienallee 103.)
  • The name and phone number of the owner given in the domain registration belong to a guy in Greenland (who probably has nothing to do with all that, but they just found his data on the Internet).

The site also most probably has nothing to do with the MORH stake pool that does exist:
https://adastat.net/pools/87dc693d71a7a9f33c69728d1179a04ab520fe14d682d711acfd9f24
That stake pool was registered in 2021, never changed its metadata, and seems to be a private pool of some big ADA holder. (It’s margin is set to 99% which means that other delegators would get almost no rewards when staking there. Also, it’s relay is in Japan where a lot of big holders are due to the initial sale of ADA being done there.)

Back then, they seem to have followed the CoinCashew guide for setting up a stake pool without replacing the example domain name given there:

These are the metadata of MORH, not changed since 2021:

But the domain myadapoolnamerocks.com was only registered in December 2023, more than two years later, probably to exploit this and construct a connection to that legitimate stake pool, while in reality there is no connection:

Domain name: myadapoolnamerocks.com
Registry Domain ID: 2834698604_DOMAIN_COM-VRSN
Registrar WHOIS Server: whois.namecheap.com
Registrar URL: http://www.namecheap.com
Updated Date: 2024-03-17T18:28:29.69Z
Creation Date: 2023-12-02T20:44:04.00Z
Registrar Registration Expiration Date: 2026-12-02T20:44:04.00Z
Registrar: NAMECHEAP INC
Registrar IANA ID: 1068
Registrar Abuse Contact Email: abuse@namecheap.com
Registrar Abuse Contact Phone: +1.9854014545
Reseller: NAMECHEAP INC
Domain Status: clientTransferProhibited https://icann.org/epp#clientTransferProhibited
Registry Registrant ID:
Registrant Name: William Pollie
Registrant Organization: MORH ADA POOL GmbH
Registrant Street: Kastanienallee 369, Berlin DE 10435, Germany
Registrant City: Berlin
Registrant State/Province: DE
Registrant Postal Code: 10435
Registrant Country: DE
Registrant Phone: +299.506830
Registrant Phone Ext:
Registrant Fax:
Registrant Fax Ext:
Registrant Email: support@myadapool.net

So, if you have sent money to that site, I’m afraid that you have fallen for a fraud.

Yes
On Morhpool.net

That site is not registered (and as far as I can see it never was).

Hi Hepta Sean , I would like to know is there any possibility for recovering the invested ADA on Morh Pool. Can anybody help on this.

Chances are very slim.

Once you have signed and submitted a transaction, it cannot be reversed. That is basically the whole idea of cryptocurrency.

You can look at the blockchain where the ADA went (and that’s the only thing, where we can maybe help). That will in most cases result in them going after some steps to some centralised exchange (CEX) used by the scammers to cash out. You can try to find out which centralised exchange it is and ask them if they can identify who that was. Already there, question is how helpful they can and want to be.

You can try to get a lawyer or your local law enforcement authorities involved, but, again, questionable how helpful they can and want to be, if they can do anything at all if the CEX doesn’t want to or isn’t able to identify who cashed out or if the scammers are somewhere else in the world.

Thank you for the update.

Guys - we need to send these scammers to jail. We need to get togher and file and FIR against them

Hi Can you please help us figure out where our ada went? I can share my wallet address privately for you to investigate more.

Tracing the ADA on-chain can be done by anybody using the usual blockchain explorers – adastat.net, cardanoscan.io, … – but it doesn’t gain you that much. At some point, they end up on some centralised exchange where they have been cashed out. With some luck, you can make educated guesses at which exchange it was. But then you still need the cooperation of that exchange and even if they would be willing to help, often enough they just can’t because they don’t do KYC dilligent enough, because the scammers are long gone and somewhere you can’t reach them, …

As said above, chances are generally slim to repair something like that after the fact in crypto. Research has to be done before sending money somewhere.

I’m a little astonished that this scam manages to stay online for so long. Not only is https://myadapoolnamerocks.com/ still there, there is also a YouTube channel at https://www.youtube.com/@MORHPool- and another site https://adaincome.com/ (not sure if that is by the root scammers or by someone further down in the pyramid and if the latter if they know that it is a total scam or somehow believe in it – like a lot of people seemingly did).

It might be a try if the domain registrars or hosters of those sites can help identify them. (Again, chances are not great. If they knew what they were doing, they probably covered their tracks.)

These guys basically used a multi-level marketing technique to sell these investment.
There are local agents all over India who were given generous bonuses to sell these investments such as gold coins, trips to Thailand etc. We can go after these agents and eventually reach the masterminds.

Yeah, understood that when I looked at their site back in April.

Not sure if the agents further down in the pyramid even know the top. One of the drawbacks of crypto is that you can do such things with minimal contact points.

Also, the original site doesn’t look as if they originally intended to target specifically India. Why would they use a fake address in Germany with a fake contact in Greenland, then? I can’t know, but maybe that just happened by chance because an early, but very active victim of theirs was from there and started recruiting others?

I’m totally baffled how this thing worked so well although there is nothing on any legitimate Cardano site that would make it credible. Any introduction to Cardano staking should have ringed alarm bells that this is not how it works.

The gave addresses from abroad to make it look legit. Thinking its an international thing. Common people in India do not uncerstand how crypto works or how cardano staking works. What they are really care about is that they were getting 0.4% everyday on thier investment. They also scammed the investor by charging 15% insurance money upfront.

Now they just posted this message"

Official Notice - Morhpool Insurance Claim Update

Dear Members,

Thank you for your continued trust and patience. As we have collectively initiated the Morh Pool insurance policy claim process, we want to reassure you that your confidence means a great deal to us.

A Important Notice:

Insurance claims are being processed as per policy guidelines. However, due to the recent market crash and upcoming upgrades involving Cardano-locked ETFs and the American Crypto Reserve, certain delays and changes in disbursement have occurred.

Additionally, after becoming part of the Country Reserve, our affiliate operations were requested to be discontinued. In response, and with the expectation that the market would recover to $1 or $2, we activated the insurance claim process. Unfortunately, the recovery did not happen as expected.

As a result:

• The daily disbursement rate has been revised from 0.4% to 1% to support faster recovery.

¿ The claim recovery timeline is being accelerated to ensure members benefit at the earliest opportunity.

CY Current Policy Highlights:

V Your principal USDT (ADA equivalent) is securely recorded.

V Disbursements at 1% daily will begin once ADA (Cardano) reaches at least $2, with a minimum threshold of $1.

V Withdrawals are processed monthly as per calendar month redemption.

V Once 30% of your principal is released, you’re eligible to withdraw in ADA to your registered wallet address.

~ Stay informed by tracking ADA’s price via CoinMarketCap, as market recovery is essential for claim activation.

We sincerely thank you for your patience, trust, and continued support during this recovery period.

Warm regards,

MORH Pool Management

Oh really, was it ever executed? I know Trump did announce, even subtly that Cardano will be considered as part of the potential crypto reserve for USA but their main focus was BTC. Somebody should point me to the execution notice please.

You do realise that this thread is about scammers telling things that are not true?

Yeah Hepta, I do realize and that part of my message was actually a sarcastic comment about the fact that nothing like that exists yet for them to want to even use as excuse for not paying people what they are due.

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