Called that refereum bs a couple weeks ago, right after Nucleus Vision pulled off nearly the same shyt.
Any ICO with at least a slight buzz around it is going to get swamped by the general population after word got out about ICO's in general.
The fact that they have private sales means less, if any, tokens out there are available once the rich folks get the opportunity at it first.
Even if there's a public sale, it'll sell out in 10-20 seconds because of everybody knowing about it. I tried to get in on APEX's private sale, at it was done in 17 seconds. Tried to access their website at midnight and it didn't even load because of the traffic.
I think Current pulled the same shyt, and that was only after a week of a slight buzz about Mark Cuban being part of it.
Regarding refereum, I don't know if it was a scam is the right word, but they sure did lead people on knowing they were going to pull shyt like this all along at one point. They were even kicking people out their chat who were doubtful.