Saturday, 4 November 2017

Crypto Currency SCAMS

Over the last few months, many people have contacted me to say they've joined various companies trading in various Crypto Currencies, and they've lost every penny. 

One minute the currency rises, the next minute, its gone. Traded away. 

And were not talking peanuts here, were talking thousands of pounds. 

No Refund. No Chargeback. No Legal protection. GONE.

The Ad Pack Scams that sprung up over the last few years are quickly being replaced with Crypto Currency Scams instead. 
And be in no doubt - they are all SCAMS. 

Whether they're trading in Crypto Currencies or selling you a 'new' Crypto currency,
the outcome is the same:
A tiny proportion of people will make money, but most people will eventually lose it.

Each one will have a variation of these terms:

'All trading involves risk. 
Only risk capital you're prepared to lose. 
Past performance does not guarantee future results...' 

...which is basically a scammers  'get out of jail' free card. 

If it seems too good to be true - it IS too good to be true. 


  1. Sad how many Traffic Exchanges & Revshares in my industry have changed their model to Bitcoin only as it just lowers the confidence that such an owner can only accept crypto currency and not have some kind of security in place should things go wrong.

    My basic rule is if a site (traffic or revshare) only accepts Crypto as a form of payment then stay well away because even if that company should come under scrutiny its highly unlikely you will ever see any of that money again.

  2. What are your thoughts on USI-tech?

  3. Is the SEC aware of usi tech? I hope they take action soon against these scammers


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