Cosetek trading app

The private registration was last updated on July 22nd,

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.

Cosetek trading app

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I have also reported the website to cloudflare who host the website. This is a legal requirement. Oct 3rd, at pm Jamie McLaughlin Q.

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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.

Cosetek trading app

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.

H&m haul

Dec 13th, at am Conor Q. Clicking the button purportedly generates revenue via quantitative trading, which for some reason COS shares a percentage with its affiliate investors. Good times. I was told about this by 2 totally separate friends, on the same day. This may include adverts from us and third parties based on our knowledge of you. Sep 5th, at pm Radda Q. Nov 21st, at am Failure Q. Unfortunately the other half have now lost a lot of money. Sep 2nd, at pm A Query Q. A number of subscribers to this scam at my place of work have requested withdrawals this week and they have not materialised! Instead of getting butthurt about your feelings, the lesson is running around blindly parroting Ponzi marketing works until someone calls you out on your bullshit.

In light of cryptocurrencies growing acceptance among the masses investment portals such as Cosetek. In light of numerous similar offerings available today it is crucial for investors to undertake meticulous research prior to making any investment decisions on these portals. This appraisal intends to investigate whether or not Cosetek.

Distraught investors in a supposed cryptocurrency trading site have found that the platform has shut down and it is impossible to withdraw money. Many victims are concentrated around the North East, one man from Stockton-on-Tees saying how a workmate tried to recruit him. Sep 17th, at am Oz Q. Cant belive how this is still growing members, jump still has people joining…. Nov 14th, at pm Seb Q. This appears to be around the time the current owner s took possession of the domain. 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. I found a lot of information out within mins of searching this same old Ponzi scammer stuff! Aug 23rd, at pm Paul Leonard Q. So is this definitely a scam as I have an account with them. Nov 22nd, at am Lee Huntingdon Q. The last withdrawal in a Ponzi scheme is right before it inevitably collapses. Nov 14th, at pm Darren M Q.