Krocashny is a pyramid scheme that promises investors; it will generate 150% profits within two days. Such claims are only made by fraudulent companies that can’t explain their source of income. The platform has failed to provide evidence of investors who have already earned from this system.
The Ponzi scheme state that it is working with PayPal, and after you make your deposit, it will only take 48 hours for the amount to reflect on your account. The entity has a deficient trust score and a negative reputation. The platform is not safe to visit, and your computer may be affected while browsing.
The allegations that these companies make are baseless and false. It claims they are the most successful venture in the world. However, during our findings, we found that the platform is not accessible. It is unclear what this company is involved with.
Nonetheless, Krocashny state that they are involved in digital currency mining. Concerning this, the firm fails to disclose the location of its mining farm. All evidence point that they are not included in any mining activities. Additionally, the platform also undertakes crypto trading services.
We did not find any financial reports that can back up these allegations. The company is only making huge claims that they cannot verify. It is only a Ponzi scheme that will lack specialization in what they do. Usually, scam firms will diversify on several services for them to attract all forms of investors.
We believe that Krocashny will not be in the market for so long as even their domain is only registered for a period of one year. It is highly that they will exit the market before the duration passes. Invest with legit crypto trading software in the market that is profitable. The companies will not waste your time making unrealistic promises.
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Apart from investing in crypto trading and mining, Krocashny also states that they have a coin known as KroCash. You can buy the token on their website; however, this currency cannot be exchanged on renown exchanges since it is dubious.
You should not waste your money investing in this shady firm. The only thing that you will get from them is enormous losses. If you read the content on their website, you will realize that the platform is only marketing themselves. However, they don’t specify in detail their investment activities.
Krocashny claims that their servers work 24/7, and investors will not suffer from the system malfunctioning. All the activities will run automatically without any challenge. The company attributes its success to its team members whom they don’t see any need to introduce to their clients.
The company is being operated anonymously, and there is no information regarding its founders or team members. The company claims that the New York Times endorse their services. This is another marketing strategy that the Ponzi scheme utilizes since they know they will get their money back if you deposit funds with them.
Krocashny has nothing to offer, and if you fail for their simple advertising strategy, you will regret it. The company is not profitable, and neither do they care about making anyone rich. The website is cheaply and unprofessionally developed.
It shows that the platform is being run by scammers, who lack adequate knowledge of how to run a company. The numerous grammatical errors, as well as insufficient data, shows the platform is only interested in getting their hands on your money.
How Does Krocashny Works?
The only person who can answer this question is the founder of the company after we attempt to figure out how Krocashny operates failed. They market themselves as a one-stop website by offering several services.
The returns that these platform projects are unrealistic and unattainable. Promising 150% returns within 2 hours has never been the case when it comes to cryptocurrency investment. The company does not disclose their trading condition or the model that they are utilizing to attain these returns.
This characteristic is only familiar with the Ponzi scheme, and they will do everything in their power not to leave any data that can incriminate them, and this is the reason as to why the company fails to provide their founder’s information.
Customer Support and Licensing
Given that Krocashny is handling numerous investment services, they should invest heavily in their customer support. Unfortunately, this being a Ponzi scheme, they haven’t provided any contact details. The company does not have a method that investors can use to reach them.
Additionally, the platform fails to disclose its area of operation. The level of discrete that this pyramid scheme observes is worrisome. A company that does not care about its customers should be the last option on your list.
This is the company that is collecting funds from investors across the universe. Hence, for them to operate legally, they ought to have several licensing certificates from various regulatory bodies in the industry.
Sadly, this is not the case as Krocashny does not see the importance of getting a permit. If you lose money to this company, there’s no method of getting it back. You will suffer the consequences alone as the government will not come to your rescue.
The Ponzi scheme fails to provide the banking information, and the likelihood of their customers, making a deposit directly to the founder’s account is very high. Additionally, the safety of client information can be shared without their permission.
Krocashny does not have a compensation scheme. Hence, their customers will not receive a penny in case they face bankruptcy. We don’t see anything positive about this platform. We warn all crypto investors to stay away while they still can.
The tactic of using false reviews of the alleged investor is not something new to us. Ponzi scheme has grown smarter, and they will provide any information which can make them look legit. The platform failed to check the information they present in the testimonial section carefully.
There is a particular investor who claims to have gained returns for a period of two years and is a major red flag since the platform has not been in the industry for a period of more than a year. The people who have left testimonials have not included their social media profile old payment evidence.
If you read the review, Keenly, you realize that they are bogus, and there’s a high likelihood that the company left the testimonials behind themselves. We always age investors to look for client feedback from third party Platform instead of relying on the information that an investment venture provide on their website.
Every evidence points out that Krocashny is not a trustworthy investment company. It is highly that this is a Ponzi scheme. Invest with reputable cryptocurrency trading bots that will give you good returns. Such companies do not promise absurd profits as the Ponzi scheme does, and they are more transparent on how they run things.
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