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. Liam Allinson, a year-old offshore worker from Teesside, said he heard about Coscoin through a friend working at Nissan in Sunderland.

Cosetek trading app

.

Nov 23rd, at pm Oz Q. Nov 25th, at pm Vera Q.

.

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.

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.

Comedy movies like 21 jump street

Clicking the button purportedly generates revenue via quantitative trading, which for some reason COS shares a percentage with its affiliate investors. Your email address will not be published. Just check what is currently happening in GSp. Jamie McLaughlin : Can you do a little better here and actually explain who this money is being stolen from exactly from what I can see cos uses money to trade crypto on different exchanges at different prices to return a profit exactly how crypto holders make money in the first place. Leave a Reply Looks like my money is lost. Trying to otherwise predict when a Ponzi scheme will collapse is pointless. I managed to convince half of my family to withdraw their money and be glad they were still able to. Does anyone know when the last withdrawal was from Cos was roughly? OP has to deal with idiotic comments from day to day. I was introduced with cos 4 months ago, invested just dollars from there till now i have almost 10k in the balance and 3k withdrawn. Not surprised at all the amount of people falling for these as so many people managing to withdraw in time then tell everyone how great the sites are. You can verify on the Wayback Machine that the current website only went live in July.

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.

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. Must be running out of fresh chumps. 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. Affiliates now say that income was generated by persuading other people to join the scheme. Your email address will not be published. Nov 11th, at am Cameron Jacobs Q. Nov 22nd, at am Oz Q. Just an update COS is pretending they have been hacked, which is false information they just refusing to let anyone withdraw They have created a new app called QTOX which is exactly the same just different name and its blue instead of green. The last withdrawal in a Ponzi scheme is right before it inevitably collapses. Can you do a little better here and actually explain who this money is being stolen from exactly from what I can see cos uses money to trade crypto on different exchanges at different prices to return a profit exactly how crypto holders make money in the first place. Ozedit: snip, see below.