Crypto Schemes | FinTelegram News

Category: Crypto Schemes

January 27, 2022

Attention! Do not fall for Coinbase imposter and adxs.exchange

There is a strange website conncected with htts://adxs.exchange. On the one hand, this website offers a fund recovery project that allegedly brings back the money to the victims of online fraud. On the other hand, it also provides trading in cryptocurrencies right away. The website states a UK company adsx.exchange UK Ltd with the company number 09083955 as the operator. However, this registration number belongs to Coinbase UK Ltd, which has nothing to do with the listed crypto exchange Coinbase. Stay Far Away from these stealing idiots.

January 26, 2022

Bravo! UK watchdog continues with crypto warning tsunami!

Make no mistake. FinTelegram is a big fan of cryptocurrencies. In our opinion, the inflated FIAT monetary system has failed, got out of control, and is doomed. While cryptocurrencies are native to the emerging CyberFinance era, FIAT has little left. But we don't want to discuss monetary policy here but the dark side of crypto. Unfortunately, scammers use crypto to rip off consumers with highly scaleable schemes; crypto is a crime facilitator. The UK FCA has issued more than 100 warnings since mid-December 2021.

Crypto Schemes

January 21, 2022

Urgent Warning! The fraudulent Meta Token ICO still attacks with new domain!

After our warning about the fraudulent Meta Token ICO that presents itself with the logo and other credentials of Mark Zuckerberg's Meta Platforms, Inc., numerous victims contacted us. The scammers took the old site offline and continued their campaign with the new domain https://metav3token.com. The fraudsters plan to sell up to 15 million META Tokens in a pre-sale offering. Stay far away; this is a scam planning to victimize you and rip you off; it has nothing to do with Zuckerberg or Meta Platforms.

January 20, 2022

Exposed! The vast and fraudulent crypto investment scheme around Lunafunds!

FinTelegram has been following the crypto investment scheme scene for months and has discovered an extensive network. The UK Financial Conduct Authority (FCA) has issued a warning against EliteFXOptionTrade (www.elitefxoptiontrade.com). Although the name of the scam suggests a broker, it's a crypto-based investment scheme promising daily returns of up to 90%. Of course, this is bullshit. This brand is just one of numerous others of the super-aggressive Lunafunds crypto schem

Crypto Schemes

January 11, 2022

Attention! Do not fall for the Prime Trading Partner investment scam!

There is no question that cryptocurrencies have boosted the online trading scammer scene. After the ban of binary options in most regulatory regimes, the scam scene has taken a dip. However, we have been increasingly seeing crypto trading and investment scam platforms replacing binary options for the past few months. 95% of them are scams, such as Prime Trading Partners (www.primetradingpartners.com) operated by the U.S. perpetrator Keith Buck. Please do not fall for those scams! Stay alert!

January 8, 2022

Attention! BaFin investigates Cake DeFi of former MLM artist Julian Hosp!

The crypto platform Cake Defi (www.cakedefi.com), founded in June 2019, is backed by well-known Austrian entrepreneur, blockchain expert, and former MLM artist Julian Hosp. Cake Defi provides access to a wide range of decentralized financial services, or short "DeFi," enabling customers to generate returns from their crypto and digital assets. However, BaFin has determined that the company may be conducting unauthorized banking business or financial services in Germany.

January 6, 2022

The FCA crypto warning firework continues with six new warnings

The UK FCA has continued its 2022 fireworks of warnings against crypto platforms operating illegally, issuing six new warnings. This means that the UK regulator has issued around a dozen warnings against crypto ventures in the first days of the new year. We may assume that in 2022 for all regulators the crypto segment will be a special focus Therefore we started a few weeks ago with a Crypto Warning List on which we list the black crypto schemes.

January 5, 2022

UK FCA starts 2022 with warnings against five crypto scams!

The UK FCA has opened 2022 as it closed 2021 - with a series of warnings against illegal crypto platforms. In the last 20 days, this means that the FCA has issued a total of around 40 warnings against crypto scams. Undoubtedly, the UK regulator is currently putting an emphasis on the crypto segment. We have joined this crypto focus and have opened a Crypto Warning List (here). Below is the list of new warnings.

Crypto Schemes

January 4, 2022

Urgent Warning! Stay away from the fraudulent META Token ICO

Meta Platforms, Inc. is the new name of Mark Zuckerberg's company that operates the world's largest social media platforms, Facebook and Instagram, as well as the messenger service WhatsApp. Currently, the META Token is being sold via the Meta ICO website with the logo of Zuckerberg's company and a picture of Mark Zuckerberg, labeled as the founder. A total of 15 million META tokens are expected to be sold in the pre-sale. Stay far away; this is a scam and has nothing to do with Zuckerberg.