Beware of this fake website - Jio Coin

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Wednesday 24 January 2018

Beware of this fake website

With Mukesh Ambani-led Reliance Jio reportedly planning a move to launch its own cryptocurrency, an alleged fake website has come to the fore. 



The website - which comes with URL reliance-jiocoin.com - has also been named as such that it looks like a sister organisation of RILBSE -1.75 %. 

It has also the icon of RIL - the parent organisation of Jio. 

The website states that the Jio Coin will have a launch price of Rs 100 per coin. 
The report claimed that Ambani's plan to tap into blockchain technology for smart contracts was still in the "proposal stage". 


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