# Coollaunch - Fake team, scam project
**URL:** https://forum.cardano.org/t/coollaunch-fake-team-scam-project/91599
**Category:** Report a Scam
**Created:** [11 January 2022 08:44 UTC](https://forum.cardano.org/t/coollaunch-fake-team-scam-project/91599 "2022-01-11T08:44:19Z")
**Posts on this page:** 6
**Page:** 1
### Author:  [@Doc\_P](https://forum.cardano.org/u/Doc_P)
#### Post date: [11 January 2022 08:44 UTC](https://forum.cardano.org/t/coollaunch-fake-team-scam-project/91599/1 "2022-01-11T08:44:19Z")
The PR channels like CardanoToday, CardanoFeed, Yahoo Finance etc. are spamming today with a Token Sale release by Coollaunch, an alleged IDO launchpad on Cardano.
This is another fake of the “Grayson” Line, in case you’re not familiar with the fake team scams that started with Ravendex’ community manager, see:
[Fake teams 419s: Verlux, IDOwall, Rocketpad](https://forum.cardano.org/t/fake-teams-419s-verlux-idowall-rocketpad/90052)
Coollaunch website is made from the same template as Rocketpad and IDOwall. The whitepaper is even worse, thrown onto an empty Word document w/o formatting. The project logo is a variant of the Rocketpad logo.
Team is fake, one person has a cheapy LinkedIn profile. 2 of the twitter handles appeared at around project start and do not contain substance. And, yet if hard to believe, but here he is, the Grayson no.4:
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### Author:  [@Doc\_P](https://forum.cardano.org/u/Doc_P)
#### Post date: [11 January 2022 12:55 UTC](https://forum.cardano.org/t/coollaunch-fake-team-scam-project/91599/2 "2022-01-11T12:55:54Z")
ps. I forgot about CanonX, where the CTO has a rather similar bio:
The CanonX telegram group is still run by the same people as Rocketpad’s and Coollaunch’s. Just got banned there for mentioning the other incarnation.
There the team “got Covid” and disappeared, let’s see what kills the rest.
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### Author:  [@Doc\_P](https://forum.cardano.org/u/Doc_P)
#### Post date: [16 January 2022 08:55 UTC](https://forum.cardano.org/t/coollaunch-fake-team-scam-project/91599/3 "2022-01-16T08:55:01Z")
Just a quick update:
Yesterday evening (UTC) the coollaunch and canonx websites were taken offline simultaneously, with coollaunch coming back later but canonx stays off.
These scams are not only done by the same people, it is probably running also at the same server.
It was too obvious, how content was copied from their first confirmed rug pull to coollaunch. Canonx dot finance is still available from [web.archive.org](http://web.archive.org).
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### Author:  [@Vutosh](https://forum.cardano.org/u/Vutosh)
#### Post date: [25 January 2022 13:07 UTC](https://forum.cardano.org/t/coollaunch-fake-team-scam-project/91599/4 "2022-01-25T13:07:31Z")
How to cancel a transaction in Yoroi? Yesterday I ran into Rocketpad and transferred 300 ada, my entire pension. Instead, rocket tokens came, but nothing can be done with them. How to return ada?
Here is the transaction:
ae0c5adbf7f05ddbd93b875d2108b2dfad1d74da5286f9e11f4101014ed07325
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### Author:  [@Zzzzzz](https://forum.cardano.org/u/Zzzzzz)
#### Post date: [25 January 2022 14:18 UTC](https://forum.cardano.org/t/coollaunch-fake-team-scam-project/91599/5 "2022-01-25T14:18:13Z")
Unsure if these could be helpful finding out further information. These are two IP addresses which clicked on a link I sent to [hello@ravendex.io](mailto:hello@ravendex.io)
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### Author:  [@Doc\_P](https://forum.cardano.org/u/Doc_P)
#### Post date: [5 March 2022 14:52 UTC](https://forum.cardano.org/t/coollaunch-fake-team-scam-project/91599/8 "2022-03-05T14:52:15Z")
Confirmed: Coollaunch rugpulled.
This is the Grayson Rugpull no.5, see list of their sites here:
[https://forum.cardano.org/t/acardex-is-a-fraud-updated-list-of-related-scam-projects/96215/8](https://forum.cardano.org/t/acardex-is-a-fraud-updated-list-of-related-scam-projects/96215/8)
Next exit scams expected w/ rocketpad and VerluxNFT.