Crypto Daily
April 3, 2026 1:05 PM UTC

MOBU Company Clarification Regarding Online Allegations

We would like to clarify certain statements made by Yaros Belkin from Belkin Marketing that have recently circulated online regarding the project and its historical activities. First and foremost, Zabercoin, a property-backed ERC-20 token initiative, did not lose any investor funds during its ICO in 2017. The soft cap of USD 250,000 was not reached, and all contributions were transparently refunded via smart contracts. These transactions are publicly verifiable on-chain. MOBU never received funds from Block.one and has no affiliation with Block.one. MOBU was a complex and bold attempt to build a regulated platform for compliant ICOs and security tokens, reflecting the vision of creating a legal and sustainable ecosystem to upgrade capital markets, making it easier for companies to raise capital and create a secondary market for liquidity. While the market did not develop as expected and STO adoption remained limited, the project was conducted with full transparency, including a Reg D filing in the USA. MOBU prototypes (available on YouTube) and licenses were funded entirely from the founder’s own resources. The team executed the project with diligence and professionalism. MOBU’s story is a case study in innovation, market timing, and the realities of emerging technology — not in malfeasance or mismanagement. MOBU chose to distance Yaros Belkin from the project, contrary to his statements suggesting he stepped away voluntarily. MOBU engaged Amazix for marketing services because their expertise and fees matched the project’s requirements. Mr. Belkin repeatedly sought compensation and formal involvement but did not provide contributions aligned with the project’s frugal marketing needs. Telegram message from Mr. Belkin acknowledging Amazix as MOBU’s marketing partner at the time and expressing interest in working with the project. Telegram message from 2019 referencing compensation discussions despite the absence of a finalized scope of work between the parties. We confirm that MOBU has no business relationship with Belkin Marketing or Mr. Iaros (Yaroslav) Belkin. As we stated seven years ago in our medium reply to his defamatory article, which he later removed, we continue to distance ourselves from Mr. Belkin. Certain published statements and online reviews, including those referenced in Mr. Belkin’s article, have been formally confirmed by Trustpilot as submitted by Mr. Belkin. The team had previously blocked Mr. Belkin on Telegram, but with the release of his most recent (second) article we find it necessary to clarify the facts. His statements are clearly personal, inaccurate and misleading, and we are addressing them appropriately through legal channels in Hong Kong. Example of communication reflecting MOBU’s attempts to maintain a professional dialogue despite ongoing disagreements. We remain focused on delivering value to our partners, clients, and investors, and will continue to do so without engaging in unnecessary public disputes. Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.