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

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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. Crypto app users left fearing for investments.

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.

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Follow Mirror. Looks like my money is lost. 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. Pathetic, and typical lazy journalism. I was told about this by 2 totally separate friends, on the same day. Paul : Like I said all I asked was where he getting his info from and how he knew that was a fact. Leave this field empty. COS is barely a few months old. Thanks for the info on here — much appreciated. Just check what is currently happening in GSp. Good times.

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.

All claiming to be making hundreds of pounds a month. Follow Mirror. Andrew Penman. Aug 25th, at am Lee Huntingdon Q. Pretty much. Feel free to provide evidence COS has 7 million users. Nov 24th, at pm Anonymous Q. The presented ruse is COS affiliates log in and click a button the more invested the more the button needs to be clicked :. I found a lot of information out within mins of searching this same old Ponzi scammer stuff! Coscoin also claimed to be a cryptocurrency, though I cannot find any evidence of it trading on any of the main currency trading platforms. OP has to deal with idiotic comments from day to day. Kraken was sued by the SEC on late Monday.