(Can someone please post this to shiddit if you have an account there?)
AllArk websited claimed to do all sorta ungodly things with no kyc and only monero…
I always smelled rat with that website. Now it appears to be down. Pending orders are not being honored.
- S4MC from allfarts.io
Cake people are fairly tight but something about them just rubs me the wrong way, not sure why… Also, didn’t Majestic rugpull? Or did that get resolved.
I’ve heard some people saying they think cake is a fed honeypot. Majestic didn’t rug pull, but they did have some weird shit where all their websites went down and came back up with new URLs, probably some internal takeover or something, and they maintain Elite wallet which is just a fork of cake, not sure what they bring to the table. Also they’ve been exposed vote manipulating on reddit.
I don’t use either as a wallet, or swap services from majestic, but I do use cakepay over allark for cards as a monero to fiat compatibility later. Truth is everyone except localmonero/agoradesk seems to have some type of sketch going on and so I’m wary.
Interesting thoughts. I don’t use any third party software either, it’s just a bad practice unless you absolutely need it, that’s my take. Trades should be done in lengths, not all at once.
It would not be surprising to me if Cake is a honeypot. Anyone who brazenly encourages all of his users to download from Google Play is an idiot at best. Signal is also a honeypot in my estimation. Google Play provides the feds with near perfectly accurate metadata on who and how many are using apps that might break their control. if you have any further insights into why people feel this way about Cake, please share.