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How a supposed trading platform is ripping off investors

How a supposed trading platform is ripping off investors

Theodore Meeks, September 8, 2023
Cryptocurrency scams

Investors are supposed to make high profits. But the money cannot be paid.

(Photo: Mauritius Images / StellaPhotography / Alamy / Alamy Stock Photo)

Dusseldorf The prospect of quick wealth through cryptocurrency not only cost Hartmut Wurm nearly €35,000, but also his health. “It all affects the nervous system: eventually you feel tired and shaky,” says the 58-year-old, summarizing his current condition.

Worm’s story begins with an article on a website advertising a trading platform said to be owned by Tesla chief Elon Musk.

The article praises automated trading through algorithms. Everyone can benefit from the boom in cryptocurrencies. That you can even make money “overnight”. That there are smart minds like Jeff Bezos and Bill Gates behind the technology.

Cryptocurrency: Fake Trading Platform Advertising Elon Musk

They are promises that have been seen by everyone who uses the Internet or even has an email address.

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Theodore Meeks

Lifelong foodaholic. Professional twitter expert. Organizer. Award-winning internet geek. Coffee advocate.

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