We issued a warning against the Panteras Capital crypto scheme a few weeks ago. The UK-registered Panteras Capital PLC operates this crypto broker scheme, which is operated and controlled by three Austrian citizens, Joachim Busch, Felix Thurn, and Peter Waiglein. The company was incorporated in June 2021 as PTN Capital PLC and later renamed. It offers some crypto investment plans but does not have any authorization. The Austrian FMA and the German BaFin have issued warnings against the Panteras Capital scheme.
|Legal entity||Panteras Capital PLC (UK)|
|Related individuals||Joachim Busch, Felix Thurn, Peter Waiglein|
The Scheme Narrative
BaFin informed that Panteras Capital PLC is not allowed to offer its shares to the public in Germany. The company has not published a prospectus approved by BaFin as required by German law. The company would have had infringed Article 3(1) of the EU Prospectus Regulation, the German regulator says.
Panteras Capital’s website is currently offline. During our first review in Nov 2021, the website claimed that it has developed crypto arbitrage software since 2016. In 2020, they would have successfully launched the CAP token and incorporated various OTC markets into their arbitrage software. In Q1 or Q2 2021, they would have already managed more than €100 million from investors. All apparently without any permission or license from a regulator.
In their main profession, the beneficial owners of the Panteras Capital scheme, Peter Waiglein, and Joachim Busch, apparently sell everything and the kitchen sink. The website www.w-und-b.at currently offers mouth-nose protection masks to protect against Covid19. We recommend staying far away from Panteras Capital.