cosetek trading app

Cosetek trading app

The private registration was last updated on July 22nd, Meiqia is a Chinese software company based out of Beijing.

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.

Cosetek trading app

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To be honest, I got scammed with cos.

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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. Send your story ideas to northeastandcumbria bbc.

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. 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.

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Oct 3rd, at pm stan Q. His reply is not aggressive at all. Nov 24th, at pm Jonny Q. Sep 3rd, at am Dr. Sep 17th, at am Oz Q. Nov 18th, at pm Gaz Q. Hopefully more find this so they understand what they are putting their money into. Sep 26th, at am Miss Linda Fraser Q. Both these people I consider friends and are trustworthy and I have seen the second friends phone app which proved what he said, I have no reason to mistrust these people. Oct 3rd, at pm Oz Q. Sep 5th, at pm Oz Q. Ponzi schemes are illegal the world over. PS Victims who are offered the chance to join new schemes to supposedly recover their losses should be extremely wary of throwing good money after bad. Nov 14th, at pm Darren M Q.

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.

Must be running out of fresh chumps. It is a shame that our policing system can not catch them! 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. Nov 24th, at pm Anonymous Q. One said he has made 3k since 10th July and the other one reckons to have made 24, since January. Affiliates now say that income was generated by persuading other people to join the scheme. 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. Sep 5th, at pm Radda Q. Looks like my money is lost. Sep 26th, at am Miss Linda Fraser Q. Both these people I consider friends and are trustworthy and I have seen the second friends phone app which proved what he said, I have no reason to mistrust these people.

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