Just read through your findings and wow, it really looks like a total scam. They seem to be targeting people who can’t tell the difference between an actual open Blockchain and a fake one.
The fact that they’re allegedly faking liquidity, Blockchain history, and even stealing bank registration from another company in Canada is a huge red flag. Honestly, I wouldn’t invest in this even if I had the money. Thanks for sharing the info though. Let’s hope not too many people fall for this scam.
These days all altcoin projects getting failed over the time which are probably well planned scams or failing in business still regardless of the reason for the failure, it's investors who finally get punished for the risks they are taking up. I mean I am not surprised on learning this project was categorized as scam because it is just another one into the long list. I wonder how these new projects are able to convince investors to rise some money.
I like to suggest to all aspirants who are looking for new projects to invest with, to look into bitcoin for some assured returns rather than risking in altcoin projects and then losing all the money.
Do you have any source where we could find information on the amount of money and the number of investors/possible victims who have decided to risk their money on this possible scam?
I am very curious and it would help to have a better picture of the scope of this problem.
Sadly, it is very unlikely we will see this possible scam to get the spotlight it needs for people to avoid losing their money, though. This kind of scams are very common and literally take place everyday around the world. There is not much we can do to held people accountable, just to warn those we personally know, so they won't fall for something as blatant as this.
Anyways with a minimum knowledge on how cryptocurrencies work would realize very fast this is very fishy and raises many red flags.
🚨 Official Statement on False Claims Against Smart Energy Pay (SEP) and the Smart Energy Chain
We refer to the recent misleading and defamatory statements published on Bitcointalk.org by an individual using the pseudonym Golo96. These allegations are factually incorrect, deliberately misleading, and clearly intended to discredit the Smart Energy Pay (SEP) project and its affiliated companies.
Below we provide the official clarifications:
⸻
🔷 1. SEP is the Native Coin of an Independent Layer-1 Blockchain
Smart Energy Pay (SEP) is not a third-party token solution, but the native coin of the Smart Energy Chain a fully functional, independent Layer-1 blockchain.
🔹 Mainnet Chain ID: 19516
🔹 Testnet Chain ID: 19515
🔗 Public Listing: Chainlist.org
🔍 Explorer: secexplorer.io
🌐 Website: smartenergychain.org
🛡 The Smart Energy Chain is currently undergoing a comprehensive Layer-1 security audit by Hacken.io, a leading cybersecurity company a clear validation of the technical integrity and security of the SEP ecosystem.
⸻
🚫 2. Fake SEP Token on Binance Smart Chain (BSC)
A token deployed under the address
0x2a653e8d85bd7dd17272b020d53c183de936a58e
was issued on BSC under the name Smart Energy Pay (SEP).
We explicitly state:
❌ This BSC contract was not created by us.
🚨 The creators wallet has already been flagged as a phishing/fraudulent address.
🔐 SEP is available only on the Smart Energy Chain never on PancakeSwap or any other BSC-based DEX.
⚠️ Any token claiming to represent SEP outside the Smart Energy Chain is fraudulent and must be avoided.
⸻
🛑 3. Tradability of SEP
✅ Trading of SEP is available at all times via XT.com and has never been suspended.
📈 As of September 30, 2025, the deposit function will also be fully re-enabled.
🔗 By this date, our own decentralized exchange (DEX) and the new UZX exchange will be connected through a Market Maker (MM) interface, ensuring unified price discovery.
This guarantees that trading and liquidity of SEP are conducted on a stable and regulatory-compliant basis.
⸻
🏦 4. Regulatory Status & Banking Services
Smart Energy Pay is registered as a Payment Service Provider (PSP) with the Bank of Canada.
This authorizes us to legally provide the following services:
Accounts
Service offerings with integrated banking infrastructure
💻 Our platform smartenergypays.io fully complies with all regulatory requirements and is supported in compliance matters by Phantom Compliance (Calgary, established 2009), specializing in AML/CTF, KYC, fraud prevention, and cryptocurrency transaction compliance.
⸻
🧾 5. Compliance & Certifications
We hold ISO 27001 certification, officially awarded by INTERCERT.
In cooperation with our advisory partner Scytale (scytale.ai), we are preparing additional certifications:
🔒 PCI DSS
🛡 SOC 2
🔄 Alignment with ISO 20022 security standards
These efforts highlight our ongoing commitment to compliance, security, and risk management.
⸻
❗ 6. Final Remarks
The claims spread by Golo96 are baseless, misleading, and damaging to our reputation. They represent a deliberate attempt to spread FUD (Fear, Uncertainty, Doubt) and undermine trust in SEP.
👉 The author of these posts is known to us, and legal as well as criminal proceedings have already been initiated against him.
📣 We strongly urge all interested parties and community members to rely solely on verified, official sources:
🌐 smartenergypay.com
🔍 secexplorer.io
📧 contact@smartenergypay.com
⸻
🔒 Smart Energy Pay remains firmly committed to its mission:
✅ Transparency
✅ Regulatory compliance
✅ A secure, scalable, and sustainable blockchain infrastructure
Well, I certainly did not expect to see a seemingly official agent of the project in question to appear here and claim everything said about it is false and they are completely legitimate. I am going to give you some benefit of the doubt and give you the chance to explain to all of us what your project has which makes it reliable and not a scam at all, because it seems to me this is nothing but an attempt to sell us all a shitcoin with little liquidity and limited use case.
I don't even know how a token could have anything to do with energy in the slightest, as if holding this token gave us some benefit when comes to energy availability or something, it is kind of silly if you think about it.