SCAM ALERT: Etctrade | Bitcointalksearch.org

jaocoincrypto18

full member

Activity: 630

Merit: 103

Quote from: The Bitcoin Co-op on August 19, 2017, 12:10:18 AM

Hey guys, I apologize if this is in the wrong format or if Etctrade has already been brought to the forum's attention. I just found out about it, myself.

Basically, Etctrade is founded by the same people as Ethtrade, and therefore a scam. I have information from a previous investigation indicating this to be the case, and also, it looks kind of obvious, anyways. The names are nearly the same, and the business models look the same, and the real team is unknown. If you run one of those websites for reviewing scams, please add this one before they manage to start up again (if people are that stupid).

Truly this site is a scam and same format with ethtrade the staff are actors and actresses. So much Lesson learned from ethtrade scam so it should be never and never again to be a victim of this ponzi site. Maybe they are considering that still lots of innocent people our there that do not know about ethtrade.org scam or just new to bitcoin and ethereium investing so thats why they are promoting this 2nd site so that again they can victimize a lot more. We should alert everybody of this site.

audaciousbeing

hero member

Activity: 1330

Merit: 569

The first time I stumbled on this site, I was almost giving it a consideration because the site was so well designed and even supported. What saved me was just asking for reviews on Google and that was it. Anybody who falls for all this scams is because of either greediness or laziness to make research which will later burn hands. Whether ETCtrade and ETHtrade are the same, it does not matter because I wont even be checking it out. They are all scams all together.

Slow death

legendary

Activity: 3164

Merit: 1127

Leading Crypto Sports Betting & Casino Platform

Quote from: Gleb Gamow on August 22, 2017, 01:29:53 PM

....

Gleb Gamow VS BitConnect

START

all these sites are very active in Asia... they do a lot of conferences in Asia and all the videos they post on youtube they put a song so that you can not hear what they say At conferences. this becomes very annoying

The other day i had to spend many minutes watching their video in the hope that at some point the music would disappear and I would finally hear what they are saying.

Quote from: n3rvi0zz0 on August 23, 2017, 02:52:35 AM

...

You can have a lot of evidence, the problem in countries like India is corruption, if these guys have been doing this for years, they must already be very wealthy and very influential in society, you just need to be very rich and influential to be untouchable

n3rvi0zz0

sr. member

Activity: 289

Merit: 250

Quote from: Slow death on August 22, 2017, 04:15:17 AM

Quote from: n3rvi0zz0 on August 21, 2017, 05:39:09 PM

my old partner yago is promoting this scam either

We can not say they are scammers, at least for now.

Quote from: Gleb Gamow on August 21, 2017, 06:03:27 PM

Now I'm wondering if Vitaly Ipatov has any affiliation with BitConnect. Hmmmmmmmmmmmm!

If this connection were proven it would surely make a huge noise in this thread and other social networks. I see many people trust this site BitConnect and Cryp Trade Capital

has a clear definition of ponzy

https://en.wikipedia.org/wiki/Ponzi_scheme

If a company has an affiliate system and reward their users with money to attract new costumers ( at least in UK) they will be flagged at piramidal scheme

we tried to open something similar and to do something legal at least you need 50k as a warranty to pay costumers back (FCA rules) in case of a bank will be 1.5m pounds

open a company is not that easy, open a website yes.

edited: of course we give up due lack of funds and skilled people, maybe you could do some profits for a month but an investment platform requires loads of job. 99% of the legal investment companies doesnt assure you any profit

https://nutmeg.com

https://www.munnypot.com/

https://www.moneyboxapp.com/

All are regulated under the FCA

edit 2:

http://prntscr.com/gbynxi

Gleb Gamow

vip

Activity: 1428

Merit: 1145

Quote from: Gleb Gamow on August 22, 2017, 01:29:53 PM

Quote from: Slow death on August 22, 2017, 04:15:17 AM

Quote from: n3rvi0zz0 on August 21, 2017, 05:39:09 PM

my old partner yago is promoting this scam either

We can not say they are scammers, at least for now.

Quote from: Gleb Gamow on August 21, 2017, 06:03:27 PM

Now I'm wondering if Vitaly Ipatov has any affiliation with BitConnect. Hmmmmmmmmmmmm!

If this connection were proven it would surely make a huge noise in this thread and other social networks. I see many people trust this site BitConnect and Cryp Trade Capital

Given that I'm one to not make noise, fuck it! Let's make some noise:

https://beta.companieshouse.gov.uk/company/10278342

I'd say them BitConnect Investards are 'bout to lose it all. HAHAHA

This dude - https://www.youtube.com/watch?v=f7xkttxQy8w - goes into great detail in depicting how it's not important to know who the creator of BitConnect is, but never touches on the fact that BitConnect was registered as a legal entity. Given that a nym - Ken Fitzsimmons - was used as its CEO et al., that fact alone makes BitConnect a nefarious actor in this space, initially designed specifically to garner trust from the community. That, and BitConnect has yet to LEGALLY file required paperwork by its 2017 anniversary.

There is another Ken Fitzsimmons: http://www.thekissers.com/bios/2016/1/24/ken-fitzsimmons

Quote

Ken Fitzsimmons grew up in Whitewater, Wisconsin, ...

Whitewater, Wisconsin, has a population of 14,517 (14,518 if theymos still lived there).

"Let's play the Zhou Tong song à la bluegrass rag."

And once when BitConnect has run its course, Zuflo Coins will take its place given that they share the same content (ToS).

Slow death

legendary

Activity: 3164

Merit: 1127

Leading Crypto Sports Betting & Casino Platform

Quote from: n3rvi0zz0 on August 20, 2017, 05:28:40 PM

Problem is we will need to report to the local authorities of their country im willing to make a travel soon.

Do you want to travel to India?

Take care when traveling to india or some third world country like my country, unfortunately Countries like India are full of corruption and the judicial system only benefits the rich or the elites

Quote from: n3rvi0zz0 on August 20, 2017, 05:28:40 PM

in one way or another we will make them pay for all the damage they are doing to the community

I agree that they should pay, but i do not agree that you have to travel to India or to some third world country.

Gleb Gamow

vip

Activity: 1428

Merit: 1145

Quote from: Slow death on August 22, 2017, 04:15:17 AM

Quote from: n3rvi0zz0 on August 21, 2017, 05:39:09 PM

my old partner yago is promoting this scam either

We can not say they are scammers, at least for now.

Quote from: Gleb Gamow on August 21, 2017, 06:03:27 PM

Now I'm wondering if Vitaly Ipatov has any affiliation with BitConnect. Hmmmmmmmmmmmm!

If this connection were proven it would surely make a huge noise in this thread and other social networks. I see many people trust this site BitConnect and Cryp Trade Capital

Given that I'm one to not make noise, fuck it! Let's make some noise:

https://beta.companieshouse.gov.uk/company/10278342

I'd say them BitConnect Investards are 'bout to lose it all. HAHAHA

This dude - https://www.youtube.com/watch?v=f7xkttxQy8w - goes into great detail in depicting how it's not important to know who the creator of BitConnect is, but never touches on the fact that BitConnect was registered as a legal entity. Given that a nym - Ken Fitzsimmons - was used as its CEO et al., that fact alone makes BitConnect a nefarious actor in this space, initially designed specifically to garner trust from the community. That, and BitConnect has yet to LEGALLY file required paperwork by its 2017 anniversary.

There is another Ken Fitzsimmons: http://www.thekissers.com/bios/2016/1/24/ken-fitzsimmons

Quote

Ken Fitzsimmons grew up in Whitewater, Wisconsin, ...

Whitewater, Wisconsin, has a population of 14,517 (14,518 if theymos still lived there).

"Let's play the Zhou Tong song à la bluegrass rag."

Slow death

legendary

Activity: 3164

Merit: 1127

Leading Crypto Sports Betting & Casino Platform

Quote from: n3rvi0zz0 on August 21, 2017, 05:39:09 PM

my old partner yago is promoting this scam either

We can not say they are scammers, at least for now.

Quote from: Gleb Gamow on August 21, 2017, 06:03:27 PM

Now I'm wondering if Vitaly Ipatov has any affiliation with BitConnect. Hmmmmmmmmmmmm!

If this connection were proven it would surely make a huge noise in this thread and other social networks. I see many people trust this site BitConnect and Cryp Trade Capital

Gleb Gamow

vip

Activity: 1428

Merit: 1145

To be fair, the CEO of CTC is not Raja of EthTrade et al. He's a natural-born Russian who grew up in Spain - Vitaly Ipatov.

https://www.crunchbase.com/person/vitaly-ipatov/contributors

https://plus.google.com/u/1/111121408263224970445

https://www.linkedin.com/in/roland-k%C3%A4llstr%C3%B6m-6a3a15145/

http://www.onlinebusinesstips.site/

Now I'm wondering if Vitaly Ipatov has any affiliation with BitConnect. Hmmmmmmmmmmmm!

n3rvi0zz0

sr. member

Activity: 289

Merit: 250

my old partner yago is promoting this scam either

if he has not enough with ethtrade now his face in another scam

https://www.youtube.com/watch?v=lxUv4COQisE

shame of him....

Gleb Gamow

vip

Activity: 1428

Merit: 1145

https://www.youtube.com/watch?v=Q_SFTnj0a4E

"Now that you Investards have given all your money to Cryp Trade Capital,
exit the gene gene pool by driving over a cliff like so.
Everybody do what I'm doing and remember such the next time you're in your car."

Slow death

legendary

Activity: 3164

Merit: 1127

Leading Crypto Sports Betting & Casino Platform

Quote from: Gleb Gamow on August 20, 2017, 09:42:32 PM

https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2017/meldung_170803_Cryp_Trade_Capital_en.html

Quote

Cryp Trade Capital Ltd.: BaFin prohibits unauthorised banking business and orders winding-up

PrintShare content
Date:03.08.2017
As of 4 April 2017, the Bundesanstalt für Finanzdienstleistungsaufsicht - BaFin (Federal Financial Supervisory Authority) issued a cease and desist order against Cryp Trade Capital Ltd., Alicante, Spain, which was engaged in unauthorized banking business, to immediately stop those banking activities in Germany, and ordered the immediate winding-up of said business.

Cryp Trade Capital Ltd. operates the trading platform www.cryp.trade, where bitcoins and other instruments are traded which quantify as Rechnungseinheiten (units of account) within the meaning of § 1 (11) sentence 1 no. 7 of the Kreditwesengesetz (Banking Act; hereinafter being referred as such as “KWG”) and also as financial instruments within the meaning of the KWG. The platform is also directed at customers in Germany. Since the operator of the platform purchases and sells the units of account in its own name but for the account of customers, the service qualifies as Finanzkommisionsgeschäft (financial commission business) which is considered as banking business and thereby as banking business pursuant to § 1 (1) sentence 2 no. 4 of the KWG. In Germany, this kind of service is subject to an authorisation requirement pursuant to § 32 (1) of the KWG. Cryp Trade Capital Ltd., as the operator of the platform, does not have the required authorisation.

The BaFin orders are immediately enforceable by law.

"Perhaps today is a good day to eat pie!"

Interesting, this video https://www.youtube.com/watch?v=g7Yxe2js-D0

the guy says they have a license to work in all countries, They also disabled comments

He speaks as if it were very easy to make trade and how to make trade a guaranteed profit every day.

High investment = high risk. The person should look for returns of 1 or 5% per week for example if he trade with 100BTC then he would be struggling to get returns of 1% or 5% for weeks.

In those last two months many altcoins fell more than 50% and these guys did not reduce their daily interest.

who invested in siacoin 2 months ago, bought siacoin when it was in the 700 satoshi and today siacoin is worth less than 190 satoshi and I doubt that it will return to 700 satoshi, they are running ponzi scheme

In the video he speaks Spanish and for me the site appears in French despite having several languages as an option.

Gleb Gamow

vip

Activity: 1428

Merit: 1145

https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2017/meldung_170803_Cryp_Trade_Capital_en.html

Quote

Cryp Trade Capital Ltd.: BaFin prohibits unauthorised banking business and orders winding-up

PrintShare content
Date:03.08.2017
As of 4 April 2017, the Bundesanstalt für Finanzdienstleistungsaufsicht - BaFin (Federal Financial Supervisory Authority) issued a cease and desist order against Cryp Trade Capital Ltd., Alicante, Spain, which was engaged in unauthorized banking business, to immediately stop those banking activities in Germany, and ordered the immediate winding-up of said business.

Cryp Trade Capital Ltd. operates the trading platform www.cryp.trade, where bitcoins and other instruments are traded which quantify as Rechnungseinheiten (units of account) within the meaning of § 1 (11) sentence 1 no. 7 of the Kreditwesengesetz (Banking Act; hereinafter being referred as such as “KWG”) and also as financial instruments within the meaning of the KWG. The platform is also directed at customers in Germany. Since the operator of the platform purchases and sells the units of account in its own name but for the account of customers, the service qualifies as Finanzkommisionsgeschäft (financial commission business) which is considered as banking business and thereby as banking business pursuant to § 1 (1) sentence 2 no. 4 of the KWG. In Germany, this kind of service is subject to an authorisation requirement pursuant to § 32 (1) of the KWG. Cryp Trade Capital Ltd., as the operator of the platform, does not have the required authorisation.

The BaFin orders are immediately enforceable by law.

"Perhaps today is a good day to eat pie!"

n3rvi0zz0

sr. member

Activity: 289

Merit: 250

Quote from: Gleb Gamow on August 20, 2017, 12:39:48 PM

Quote from: CarloVetc on August 20, 2017, 12:24:31 PM

Hi everyone, it's Carlo from IOHK.

I think we all know that the use of Charles Hoskinson's bio as well as the name and bio of Alan is absurd and no laughing matter for IOHK. That being said, in the event someone in this thread is unsure or not aware we would like to make the record straight that IOHK has absolutely nothing to so with ETCtrades, it's team, or anything related to it in any way. We are going to be working with our lawyers on an official response to them so that we can have this information removed. If possible, please let us know if you see anyone spreading misinformation relating to the website in question. Join the ETC slack community at this link https://ethereumclassic.herokuapp.com/ and send me a direct message @carlo

Thank you for understanding, cheers
Carlo

Sure you're Carlo. Post a pic on the Net with a shoe on your head. Tongue

Seriously, glad we were able to bring this to your attention, bud.

Bruno

Problem is we will need to report to the local authorities of their country im willing to make a travel soon.

this is fucking unbelievable

again bruno thanks for your hard work unmasking this cunts.

in one way or another we will make them pay for all the damage they are doing to the community

good night to everyone

Ruben

Slow death

legendary

Activity: 3164

Merit: 1127

Leading Crypto Sports Betting & Casino Platform

Quote from: CarloVetc on August 20, 2017, 12:24:31 PM

We are going to be working with our lawyers on an official response to them so that we can have this information removed.

I have an innocent question too:

"Address
103 Sham Peng Tong Plaza, Victoria, Seychelles"

Is that your business address?

Joel_Jantsen

legendary

Activity: 1988

Merit: 1317

Get your game girl

Impressive Work @Gleb!
Yes,they have shit tons of money from theft and criminal activities.They say they're based out of Dubai because Dubai government doesn't really care about taxes and they're Indians who don't have money in Indian bank account as Indian government would inquire.
I hope someone brings this to India's Cyber Crime notice and we would love to see the future of the coin then. Grin

Slow death

legendary

Activity: 3164

Merit: 1127

Leading Crypto Sports Betting & Casino Platform

Wow awesome, they have lots and lots of ponzi sites, this is unbelievable, how much money should they have stolen? I knew that in India life is hard for those who do not have money, but these guys must be rich now

"We have to silence Bruno., contact the mercenary."

Gleb Gamow

vip

Activity: 1428

Merit: 1145

Quote from: CarloVetc on August 20, 2017, 12:24:31 PM

Hi everyone, it's Carlo from IOHK.

I think we all know that the use of Charles Hoskinson's bio as well as the name and bio of Alan is absurd and no laughing matter for IOHK. That being said, in the event someone in this thread is unsure or not aware we would like to make the record straight that IOHK has absolutely nothing to so with ETCtrades, it's team, or anything related to it in any way. We are going to be working with our lawyers on an official response to them so that we can have this information removed. If possible, please let us know if you see anyone spreading misinformation relating to the website in question. Join the ETC slack community at this link https://ethereumclassic.herokuapp.com/ and send me a direct message @carlo

Thank you for understanding, cheers
Carlo

Sure you're Carlo. Post a pic on the Net with a shoe on your head. Tongue

Seriously, glad we were able to bring this to your attention, bud.

Bruno

CarloVetc

member

Activity: 69

Merit: 10

Hi everyone, it's Carlo from IOHK.

I think we all know that the use of Charles Hoskinson's bio as well as the name and bio of Alan is absurd and no laughing matter for IOHK. That being said, in the event someone in this thread is unsure or not aware we would like to make the record straight that IOHK has absolutely nothing to so with ETCtrades, it's team, or anything related to it in any way. We are going to be working with our lawyers on an official response to them so that we can have this information removed. If possible, please let us know if you see anyone spreading misinformation relating to the website in question. Join the ETC slack community at this link https://ethereumclassic.herokuapp.com/ and send me a direct message @carlo

Thank you for understanding, cheers
Carlo

Gleb Gamow

vip

Activity: 1428

Merit: 1145

Up to 6:

Add Profiforex -> http://www.dfid.org/profiforex-forex

Quote

Official NameProfiForex
Headquarters103 Sham Peng Tong Plaza, Victoria, Mahe, Seychelles
Offices inSeychelles
Year founded2010
Official Websitewww.profiforex.com

https://www.profiforex.com/

Direct, from the same address ...

https://bitscan.com/directory/oshi-defender-37883

Translated: Download our trojan so we can mine cryptos on your computers putting money in the palms of our hands sans a reach around in giving you wonderful dudes well-deserved handjobs.

Make that 7 Ponzis:

http://www.globalinvestoralerts.org/dg_trading_corp_diamond_group.shtml

Make that dozens of Ponzis all related to one entity: http://lmgtfy.com/?q=%22103+Sham+Peng+Tong+Plaza%22+Bitcoin

Topic: SCAM ALERT: Etctrade (Read 1460 times)