electroneum Reviews 308

TrustScore 1.5 out of 5

1.3

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Rated 1 out of 5 stars

What a bunch of horse shit! All those positive reviews are either bots or bought! I am one of the original investors and they locked me out with their fake KYC which I could not pass after I sent my p... See more

Rated 1 out of 5 stars

Bought at ICO and it has been downhill ever since. This scam now concerns me deeply as their near impossible KYC process has all of my personal info, copies of my ID’s/Passport, and other personal inf... See more

Rated 1 out of 5 stars

Scam Do not invest Team does not meet any deadline Support will treat you like criminal rather than as an investor. Was any KYL AML requirement mentioned during ico...also the team working hard for... See more

Company replied

Rated 1 out of 5 stars

I saved up a lot ETN and now it's all worth nothing! At this point I have absolutely zero hope in this project. Now it's obvious that it's made to steal money from people and will never be a viable cu... See more

Company details

  1. Software Company

Information provided by various external sources

An exciting new cryptocurrency, launching in 2017!


Contact info

You should know

1.3

Bad

TrustScore 1.5 out of 5

308 reviews

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Hasn’t replied to negative reviews

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Rated 1 out of 5 stars

What a bunch of horse shit

What a bunch of horse shit! All those positive reviews are either bots or bought! I am one of the original investors and they locked me out with their fake KYC which I could not pass after I sent my personal documents and wasted time with their fake customer service! I hope they'll put my funds to good use to buy some lubricant when they'll be resting in jail!

May 15, 2025
Unprompted review
Rated 1 out of 5 stars

This crypto was a scam from day one

First and last time I will ever invest an in ICO. Richard Ellis and Michael Stollaire (The man who pleaded guilty to $21 million crypto Fraud and was in the chair of their company) defrauded over 100k investors since the Electroneum launch. They lied in their Whitepaper and did absolutely nothing that they promised other than enrichening themselves, their friends and staff. The whitepaper was all a lie, and to protect themselves from lawsuits, they decided to "give back" to the poor in 3rd world countries and create a fugazi mobile app that was "mining" coins for free. They also used our funds to purchase custom "Electroneum" branded android phones they clearly purchased from Alibaba with a pre-installed Electroneum mining app. They changed their entire initiative to appear like a non-profit aiming to "give back" to 3rd world countries who do not have access to banks. This is NOT what ALL of your investors invested in. All of their actions after the ICO were performative to protect them from being sued down to oblivion. On top of that, they locked users from gaining access to their accounts to further use and withhold your personal Identification data with a KYC gateway preventing you from retrieving your coins. Which means not only do they get your data that they can sell, they can also keep your coins and convert them to free income once they lock you out of their wallets that they are closing on July 12, 2026. They should be thoroughly investigated by the SEC and further government organizations in their country/region for crypto fraud.

April 13, 2025
Unprompted review
Rated 1 out of 5 stars

Bought at ICO and it has been downhill…

Bought at ICO and it has been downhill ever since. This scam now concerns me deeply as their near impossible KYC process has all of my personal info, copies of my ID’s/Passport, and other personal info. DO NOT do business with this company! DO NOT succumb to their KYC scam, you’ll find your identity lifted somewhere across the globe and it wins end well

September 12, 2025
Unprompted review
Rated 1 out of 5 stars

Fair Pay back

I invested 1 bitcoin when it was worth $7400 at ICO. I think Richard should re-pay ALL the people he ripped off. As 1 bitcoin is now worth $150,000 + Richard can pay us ALL back our original buy- in and still be a gajillionaire.

October 17, 2025
Unprompted review
Rated 1 out of 5 stars

Total scam,invested during ICO like a…

Total scam,invested during ICO like a lot of people...they took in our ETH and BTC for the now worthless ETN token.(BTC and ETH is worth 20x nowerdays so their pension funds are secured...all they have to do is keep tinkering a bit on their worthless poopchain and post a video sometimes so they won't get sued...)
No effort at all to get on good exchanges in order to get liquidity.
First there were videos of a big office with loads of staff and nowerdays Richard Ells is making videos in his bathroom with a 720p camera in front of an Electroneum flag.
Lost 100k on these people....listen...Richard Ells,you should be ashamed of yourself.
We invested in you guys so YOU could build a business and we as investors would get return on investment over time...next up they started giving free coins to poor people in Africa and such,it is hilarious to me nowerdays looking back on it all.
But you guys seriously made all the people who had faith in you lose their shirt.
Nobody should EVER touch this coin again. EVER

October 15, 2025
Unprompted review
Rated 1 out of 5 stars

Poor Mans Crypto

Would give this company a zero if I could if you want to call it that. When you make a complaint over social media they will just block you on Twitter and others. Their app is useless logs you put and crashes all the time. It’s a poor man’s crypto keep well away it’s worthless. SCAMMERS.

August 30, 2024
Unprompted review
Rated 1 out of 5 stars

Not on any legit exchange.

My investment has been locked up for years. Electroneum has insane kyc that is possible to accomplish. Trying to figure out how to sue them. Bought at ICO and I wish I could sell mine.

March 12, 2024
Unprompted review
Rated 1 out of 5 stars

electroneum scam

they have now started bothering those members who left them etn is complete scam keeps giving fake excuses

January 26, 2022
Unprompted review
electroneum logo

Reply from electroneum

Hello, I'm so sorry to hear your faith in Electroneum has been lost. I assure you, that the ETN-Network is doing everything it can to grow the project and continue building on the platform it has.

Rated 1 out of 5 stars

I am being taken for a ride here and I…

I am being taken for a ride here and I feel that it's no longer safe for me to be having transactions with these people. They have a copy of my driver's license and God knows what they could do with that *rolling my eyes*
First, they have this form where you will send the necessary documents, after you submit, they would have different people getting in touch with you and saying, your address is wrong, your address is not correct, your documents are not complete.
It's just frustrating that they would advertise their company giving false hope to people who want to earn a decent living, and you end up with people who would take you for a ride.
God Bless them and their families and friends

January 3, 2022
Unprompted review
electroneum logo

Reply from electroneum

Hi Rosy Rose, we are sorry you feel this way. In regard to KYC and AML, we follow advice from FATF & JMLSG for global standards/global implementation. More details can be found here: https://bit.ly/3sZBrEO.

Rated 1 out of 5 stars

I can see a lot of fake reviews from…

I can see a lot of fake reviews from individuals linked to electroneum giving credit to this sh.t coin. My account blockage is ongoing and they keep asking for more and more documents. They are responding quickly on public concerns and not so with actual requests!

December 29, 2021
Unprompted review
electroneum logo

Reply from electroneum

Hi Adi, we are sorry you feel this way. In regard to KYC and AML, we follow advice from FATF & JMLSG for global standards/global implementation. More details can be found here: https://bit.ly/3sZBrEO.

Rated 1 out of 5 stars

Electroneum slammed by new regulations stopping production.

Electronuem started out as a privacy coin and I think a lot of people invested into it. Nowadays because of the new laws and regulations out of there near 4 million users I would say only 20 percent of them are allowed to buy and sell there coins. They must be slammed in there office trying to identify the millions of people, not to say that they can do anything about all the ,"unbanked," people that are probably homeless that were collecting airdrops as there promo.

December 8, 2021
Unprompted review
electroneum logo

Reply from electroneum

Hi Joseph, we are sorry you feel this way. In regard to KYC and AML, we follow advice from FATF & JMLSG for global standards/global implementation. More details can be found here: https://bit.ly/3sZBrEO.

Rated 5 out of 5 stars

A genuine attempt to utilise the…

A genuine attempt to utilise the potential of blockchain in real everyday life especially in places where even a few dollars a day/week can make a genuine difference. Not just about the few maximizing their investment in a speculative manner. But rather for the many to earn and use and make a real difference.

December 4, 2021
Unprompted review
electroneum logo

Reply from electroneum

Hi A M A C, thank you so much for your wonderful review.

Rated 5 out of 5 stars

Looking Forward

Looking forward to the benefits of the recent blockchain update V10 to percolate into and expand the ETN Network.

November 28, 2021
Unprompted review
electroneum logo

Reply from electroneum

Hi C Jcksn, thank you so much for your review, glad to hear that you're enjoying the ETN-Network.

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