Exposing the Lies of agora.cash
Agora.cash has issued four tokens, two of which have already defaulted.
Star Crystal (SC): The promised yield suddenly stopped without any explanation. This is a default.
Star Shard (SS): This already constitutes fraud:
1. The lie concerning Star Shard (SS)’s promise to buy back the token if the price fell below 5 XEC.
I believe many people, myself included, purchased the token specifically because of this promise of a buyback below 5 XEC.
We cannot say agora.cash never executed the buyback, but it was only executed for a brief period. Furthermore, large transactions appear to be wash trading (self-selling and self-buying).
Later, agora.cash quietly changed the terms by adding new limitations, but they still failed to deliver on the promise.
Now, they have simply deleted it, pretending it never happened.
2. Token Dilution (Unauthorized Issuance)
SS was promised to have a supply of 300 million tokens, which is still shown in their current description (see image above).
However, they have secretly minted over 123 million additional tokens. The current total supply of SS is 423,115,583 (see image below).
You can verify this on cashtab.com. This means that SS has been inflated by 41% without any warning, severely damaging the interests of holders.
As shown in the image, I originally held 6% of the total supply, which has now dropped directly to 4.2% after the inflation.
In reality, SS has been confirmed to be a fraudulent token (scam coin) that violates its promises, has an effectively unlimited supply, and is now worthless.
3. Market Censorship/Manipulation
On the agora.cash homepage, orders for Star Shard (SS) below 4 XEC are not displayed, and orders below 2 XEC are not even included in the statistics.
4. Hiding Evidence
Currently, agora.cash has deleted its X account (Twitter) to conceal its past statements.
Two of the four tokens issued by agora.cash have already defaulted. Regarding PromoX and SPARK, I strongly advise everyone to exercise caution.
There is no team behind agora.cash; it is simply one person controlling everything, engaging in unchecked and malicious deception.
Agora.cash previously claimed that the eCash GNC sponsored this project. If true, the GNC has an obligation to respond to these claims/allegations.
Statement on eCash
I remain very optimistic about the eCash project. I built websites utilizing PayButton, issued NFTs and the eCash’s Hatching Day commemorative coin, and enjoyed playing games… All of that has been great.
Of course, I also heavily invested (held a large position) in the exchange’s platform token to support its development. But what did I get in return? Lies, deceit, malicious token inflation…
The eCash project, having already achieved Avalanche Pre-consensus, is destined for a bright future. As we encourage the good things, we must also purge the bad ones.
I will update this post with developments and the official response from eCash (if any). This update’s time is 2025-11-26 10:33:09 (UTC-8).
Call to Action
If you are also a victim of agora.cash or an attorney with experience in cryptocurrency fraud cases, please contact me on my X account: @logospunk
2025-11-26 12:37:10 (UTC-8). Supplement:
PromoX has also defaulted. The total quantity promised in the introduction was 1 billion, but the actual quantity is 1.789 billion.
This means that three of the four tokens issued by agora.cash have now defaulted.
2025-11-26 12:53:32 (UTC-8) Update: Spark announced the cessation of its operations. This marks the discontinuation of agora.cash‘s only non-defaulted project, bringing agora.cash’s token default rate to 100%.
2025-11-27 11:33:13 (UTC-8) Update:
A day has passed, and neither agora.cash nor eCash has responded to this matter. However, I am pleased to see the comment from caincurrency, who is an eCash community KOL and the author of ProofOfWriting.com.
I made a poster; modern AI tools are really great to work with.
2025-11-27 16:13:07(UTC-8) Update:
agora.cash is making up new lies! The over-issuance of SS was never subjected to a vote.
There was a previous vote,
However, the over-issuance had actually already been completed and the coins/tokens were directly put up for sale before that vote. These actions can all be verified on the eCash blockchain.
Furthermore, the number of over-issued SS was more than just 50M.
This kind of vote is meaningless because the owner of agora.cash controls the vast majority of the capital/tokens, allowing them to achieve any result they desire.
Additionally, agora.cash requires you to enter your wallet’s mnemonic phrase. Given the questionable credibility of agora.cash, I consider this to be dangerous. If your wallet has previously granted authorization to agora.cash, you should immediately transfer all your assets out and stop using that wallet.