Krypto Pundits Review: A Scam Crypto Operation
Krypto pundits (Kryptopundits.com) review is all about this Crypto investment scam. The platform has been accused of cleaning client’s accounts within a short period. After conducting a thorough investigation with the platform, what we found out is beyond shocking. The platform is beyond repair as more and more complaints pop up. By claiming to deliver custom investing strategies, they have made it appear professional. The overall looks of the website should not fool investors. These are just professional online scam artists at their best.
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About Krypto pundits
There is not a lot of information regarding this Crypto investment provider. They claim to be in the online trading world for long and have the right qualities of success. Some of the markets they claim to be experts on including Binary Options, Crypto, and Forex. We have to give them credit for creating a well-designed website that easily entices the eye. The platform is all about first impressions, which they have well-executed. What investors should know that all this is part of their end game to steal from naïve investors.
What is evident with this website is that they are in the business to steal from unsuspecting investors. The platform is a problem for anyone who dares to sign up with them. They have used a 50 percent guaranteed investment return to attract sign-ups. Once naïve investors hear of a 50 percent ROI, they hurry to deposit funds. Before going to such lengths, it is critical to ensure that the platform delivers. And this is where we start seeing loopholes with this crypto investment platform.
Assets found on the platform
The banner on their homepage talks of the platform being in the asset management industry. They claim to offer binary options, crypto trading, and forex assets. One of the biggest problems with this platform is that they fail to disclose the full details. It would be ideal for such a platform to map out their full asset details. And this is another reason to stay away from the platform, and there is no transparency.
Business founder
Anonymity is a huge problem in the online trading world. For those investors looking for a good platform, an anonymous-led platform is out of the question. These anonymous platforms are a problem as there is no transparency. The founding members are not honest with their trading background. For all we know, these could be amateurs trying to steal from the lucrative crypto market. And this is the second concrete reason to stay away from such a crypto investment platform.
Comments from users
There has been an outcry from investors who have signed up with the platform. They were expecting to make a guaranteed ROI. Users should note that the platform is asking for $5,000 as a minimum deposit. It goes to show how far these scam artists have gone to steal from naïve investors. And this is why it is best to read reviews such as this one and get a more vivid picture of a platform. After reading the review, investors get a clearer picture of what to expect with the platform.
Compliance, license, and registration of Krypto pundits
Krypto pundits is not licensed or registered to offer any trading products or services to crypto investors. They have no legal document to prove that their platform is indeed legit to provide valid services. Stay away from such a platform as the risks involved outweigh the reward. The platform is not able to provide insurance cover for any amount deposited. The platform also claims to offer forex managed accounts, which means they should have a valid license. Without a permit from authorities, this remains to be a huge problem for investors.
To try and confirm their compliance status, we checked with regulators all over the world. We started in the United States, where the complaints were first reported. The CFTC and NFA have not listed this platform on their database. We headed to Europe and found out regulators in this region plan to ban this platform. It is one reason why their site has gone under. They have received a warning from the Financial Conduct Authority. And this proves that the entire platform is a scam.
Domain details
The website kryptopundits.com is not currently active but has been registered with no current address. What this means is that these developers have got wind of their exposure and are planning a comeback. We have seen it a couple of times before. They will come back with the same product but use a different web domain. Investors should look out for the similarities with these products. Once they come back, we will also do a review of their new product. What is worth noting is that the platform is over two years old.
Features of Krypto pundits
Upon further scrutiny, the platform responded later on with claims of their founding team. They claim that a person by the name Richard Walton is the CEO of this company. After searching for this person, we could not find them on any social media handles or profiles. And this means that scam artists operate the platform. As for the features available, the platform is not transparent on it. And this is the reason why the platform remains to be a sham. Investors should go and use recommended products instead of these get rich quick money schemes.
Available investment plans
Krypto pundits is furnishing users with three investment plans. The three programs include Standard, economy, and executive. What is important to note is the expected ROI with each of the account types. The standard account holder gets to deposit $5,000 to $19,000 for a guaranteed 50 percent ROI. They also get a 5 percent bonus and another five percent bonus after signing up. Economy account holders get 65 percent ROI, and a 10 percent sign up bonus. The executive account holder receives a guaranteed 80 percent ROI.
All these are tactics employed by the scam artists to steal from anyone who signs up. They are a way to ensure that the platform is getting attention from users. And this is all crappy guarantees that the platform is unable to meet.
Performance and results
As expected with such a platform, there are no proven results of their capabilities. The platform should have posted their results for all to see. Without verified results, all this remains to be information meant to attract investors. They are a hoax and should be treated as such.
Scam or Legit Krypto pundits
Krypto pundit is a scam that should be brought down from the web. They have managed to steal from a handful of unsuspecting investors. Stay away from the platform as they offer no valid results of their capabilities. Ensure you know more on a platform before signing up despite the ROI claims. These scam artists want investors to believe that they can make quick profits. What they don’t know is that after depositing with the platform, it is the last they see of them.
Closing remarks
After exposing all the facts, it is clear that we are dealing with a shoddy platform. Investors are better off with expert-backed products.
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