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Crypto Coin / Socios

Posted: Thu Jan 29, 2026 10:40 am
by StirlingBlue
So disappointed to see the club getting involved in this scam - massive blunder:


Re: Crypto Coin / Socios

Posted: Thu Jan 29, 2026 11:59 am
by Audrey Horne
Fuck off Everton

Re: Crypto Coin / Socios

Posted: Thu Jan 29, 2026 12:05 pm
by Robioto
Wow, shit like this just lends to feeling more detached from the club.

Fuck off Everton indeed.

Re: Crypto Coin / Socios

Posted: Thu Jan 29, 2026 12:11 pm
by toffee_scot
I initially thought for a second when reading the title that this was a spam post.

I know we are owned by Americans now but…“$EFC” ?

Re: Crypto Coin / Socios

Posted: Thu Jan 29, 2026 12:30 pm
by TheRam
Genuine question, but how do we know this is a scam?

I’m assuming that there must be some genuine crypto apps out there because people are making money from it.

Re: Crypto Coin / Socios

Posted: Thu Jan 29, 2026 12:42 pm
by Trowel
These have been around for a few years already - there was lots of fuss originally about the suitability of the club marketing them as an "investment" around fan engagement, and pretty much every Socios fan token has followed an identical price curve. The Athletic, Kieran Maguire, and others have torn into Socios a few times.

https://www.fantokens.com/trade/everton-fc-fan-token

https://www.liverpoolecho.co.uk/sport/f ... s-21565516

Re: Crypto Coin / Socios

Posted: Thu Jan 29, 2026 12:43 pm
by StirlingBlue
Having done some more reading about it we shouldn't be blaming this on the new owners as we launched this crypo in September 2023, I guess this is just mandated advertising that Socios paid for.

It's absolutely a scam though and all the coins launched by football clubs have dropped by 90%+ since launching as it's clearly either a rug pull or a way to "legally" insert funds where they shouldn't go. Somebody buys all the coins pre-trade at their launch price, they rise a little bit before they sell them all and the value tanks. Loads of politicians and celebrities have done similar (Eric Adams, Hawk Tuah girl, Jason Derulo, Floyd Mayweather, Trump/Melania etc).

Either way, I hope the club ends this partnership as soon as possible as it's embarrassing and is only legal because the law hasn't caught up yet

Re: Crypto Coin / Socios

Posted: Thu Jan 29, 2026 12:58 pm
by Gash
I've no idea how @Sirblue57 and @Escalator will cope with this thread, even I've not got a clue how it all works. :)

Re: Crypto Coin / Socios

Posted: Thu Jan 29, 2026 1:17 pm
by Cereal Killer
Gash wrote: Thu Jan 29, 2026 12:58 pm I've no idea how @Sirblue57 and @Escalator will cope with this thread, even I've not got a clue how it all works. :)
Image

Re: Crypto Coin / Socios

Posted: Thu Jan 29, 2026 2:09 pm
by Irishbornevertonian
Never got involved with anything that has this crypto thing in it. Each to his or her own but no thanks


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Re: Crypto Coin / Socios

Posted: Thu Jan 29, 2026 2:12 pm
by Free Agent
Some blockchain is legit but I would not consider Socios crypto as one of those.

Re: Crypto Coin / Socios

Posted: Thu Jan 29, 2026 2:12 pm
by sam of the south
StirlingBlue wrote: Thu Jan 29, 2026 12:43 pm Having done some more reading about it we shouldn't be blaming this on the new owners as we launched this crypo in September 2023, I guess this is just mandated advertising that Socios paid for.

It's absolutely a scam though and all the coins launched by football clubs have dropped by 90%+ since launching as it's clearly either a rug pull or a way to "legally" insert funds where they shouldn't go. Somebody buys all the coins pre-trade at their launch price, they rise a little bit before they sell them all and the value tanks. Loads of politicians and celebrities have done similar (Eric Adams, Hawk Tuah girl, Jason Derulo, Floyd Mayweather, Trump/Melania etc).

Either way, I hope the club ends this partnership as soon as possible as it's embarrassing and is only legal because the law hasn't caught up yet
At first I thought poor Jason Derulo, being associated with that rogues gallery, but then I remembered that he spawned this



Re: Crypto Coin / Socios

Posted: Thu Jan 29, 2026 2:45 pm
by Gash
Never thought I'd see Hawk Tuah girl and Donald Trump mentioned in the same sentence but we live in strange times.

Re: Crypto Coin / Socios

Posted: Thu Jan 29, 2026 3:47 pm
by brap2
Boooooooooooo

Re: Crypto Coin / Socios

Posted: Thu Jan 29, 2026 4:38 pm
by sam of the south
Gash wrote: Thu Jan 29, 2026 2:45 pm Never thought I'd see Hawk Tuah girl and Donald Trump mentioned in the same sentence but we live in strange times.
Probably the least surprising link there tbh