Has cosetek closed down

The COS Ponzi scheme has collapsed. COSCOIN has been attacked by hackers from unknown sources, and the withdrawal amounts of all users have been maliciously tampered with. This is the same bonus currently being run by ITP Corpsuggesting both Ponzi schemes are likely being run by the same group of Chinese scammers. Investors logged in, clicked a button and were led to believe has cosetek closed down corresponded to fictional trading activity, has cosetek closed down.

The private registration was last updated on July 22nd, Meiqia is a Chinese software company based out of Beijing. This suggests whoever is running COS has ties to China. The presented ruse is COS affiliates log in and click a button the more invested the more the button needs to be clicked :. Clicking the button purportedly generates revenue via quantitative trading, which for some reason COS shares a percentage with its affiliate investors. In reality clicking a button inside COS does nothing.

Has cosetek closed down

Users of a cryptocurrency app fear they have lost thousands of pounds after they were unable to make withdrawals from the site, the BBC has been told. Coscoin, also known as Cos or Cosetek, describes itself as "a leading AI quantitative trading platform" where people can double their investments. Coscoin has not responded to the BBC when asked for a comment. App users say they have been unable to access funds since 23 November. In order to place money into the Coscoin app they had to send funds to it via a third-party app called Kraken, which is a cryptocurrency exchange. Kraken is not accused of any wrongdoing. When the money was then deposited to Coscoin, users were notified as to when they "should hit a button", which Coscoin said was "quantifying their investment", and could increase it. Users across the UK have reported that they have lost their investments. A spokesperson for the car maker said it was aware that "some staff may have been affected". He was able to withdraw his investment so he decided to invest more of his money.

Nov 28th, at am Ste Q. Nov 12th, at am Paul Q. Users said they encountered problems with their withdrawals after Coscoin ran a "Thanksgiving special".

Distraught investors in a supposed cryptocurrency trading site have found that the platform has shut down and it is impossible to withdraw money. The idea was that bots would automatically buy and sell cryptocurrencies on your behalf - all you had to do was click an app button a few times a day. Which sounds ominously like a pyramid scheme. Coscoin also claimed to be a cryptocurrency, though I cannot find any evidence of it trading on any of the main currency trading platforms. On November 23, Coscoin offered to match the deposits of anyone who further invested as an apparent Thanksgiving Day promotion which now some investors say looks like a final push to get more money before the shutters came down. Lisa Auckland, a nurse from Middlesbrough, says she was recruited by a member who regularly sent screenshots apparently showing how much money he was making.

Police have warned people not to invest in a cryptocurrency investment platform following reports of fraud. Coscoin, also known as Cos or Cosetek, describes itself as "a leading AI quantitative trading platform" where people can double their investments. However, reports to police from across the UK have seen people unable to access or withdraw their money since the end of November. How do cryptocurrencies work? Bitcoin to blockchain: What key crypto words mean. Officers said the structure of Coscoin, believed to be based in Washington in the US, appeared to also incentivise users to recruit people to the platform in what appeared to be a Ponzi or pyramid scheme. The BBC spoke to a former Nissan employee who felt he had been used as "a puppet" by someone claiming to work for Coscoin , after leaving work to become a WhatsApp group administrator for a cryptocurrency app, only for users to find they were unable to access investments. NEROCU have urged people to report if they believe they have been a victim to Action Fraud, as it helps them build intelligence pictures to help warn others. Send your story ideas to northeastandcumbria bbc.

Has cosetek closed down

Users of a cryptocurrency app fear they have lost thousands of pounds after they were unable to make withdrawals from the site, the BBC has been told. Coscoin, also known as Cos or Cosetek, describes itself as "a leading AI quantitative trading platform" where people can double their investments. Coscoin has not responded to the BBC when asked for a comment. App users say they have been unable to access funds since 23 November. In order to place money into the Coscoin app they had to send funds to it via a third-party app called Kraken, which is a cryptocurrency exchange. Kraken is not accused of any wrongdoing.

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Only started on the 4th November after I was sold it as a dream way of making money. Nov 23rd, at pm Lee Huntingdon Q. More on this story. Meiqia is a Chinese software company based out of Beijing. Nov 12th, at am buldaq Q. Nov 14th, at pm Seb Q. Oct 30th, at am arty Q. Save my name, email, and website in this browser for the next time I comment. Delete the app and never use it. On November 23, Coscoin offered to match the deposits of anyone who further invested as an apparent Thanksgiving Day promotion which now some investors say looks like a final push to get more money before the shutters came down. This appears to be around the time the current owner s took possession of the domain. Feel free to provide evidence COS has 7 million users. One said he has made 3k since 10th July and the other one reckons to have made 24, since January. He said he had been unable to contact the site's admin. Related Topics.

Distraught investors in a supposed cryptocurrency trading site have found that the platform has shut down and it is impossible to withdraw money. The idea was that bots would automatically buy and sell cryptocurrencies on your behalf - all you had to do was click an app button a few times a day.

Does anyone know when the last withdrawal was from Cos was roughly? A spokesman for Kraken said it has a range of fraud prevention procedures that help to monitor and freeze suspicious transactions taking place on the platform, with clients also able to access educational resources aimed at helping them spot signs of scams and fraud. Xera Review: Three collapsed Dubai scams form mega Ponzi. Sep 17th, at am Oz Q. Lisa Auckland, a nurse from Middlesbrough, says she was recruited by a member who regularly sent screenshots apparently showing how much money he was making. I feel your pain Mark. Users of a cryptocurrency app fear they have lost thousands of pounds after they were unable to make withdrawals from the site, the BBC has been told. Full participation in the attached income opportunity requires a minimum 30 USDT investment. Pretty much. This is the same bonus currently being run by ITP Corp , suggesting both Ponzi schemes are likely being run by the same group of Chinese scammers. I started to investigate and found this website very useful for demonstrating that this Ponzi scheme has been done a dozen times over and always ends suddenly with people losing their money. Nov 28th, at am Ste Q. His reply is ridiculous, and full of assumptions on my part! I could list hundreds of these same scam websites from the last years!