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Cryptocount.io Hyip Review : Scam Or Paying? Read Our Full Review

Risk Warning

This Project Is 100% Sure Scam . Do Not Invest Money On Below Project . Our Team Verified That Below Project Is Scam . If You Invest Money After This Warning Only You Are Responsible For Any Kind Of Loss . Stay Away From This Project .

About Cryptocount.io

Cryptocount.io of the company’s activity in accordance with Article 2 of the Articles of Association The main activity is to buy, sell and invest in digital currency and the “blockchain” in accordance with the regulations approved by the stock exchange and “securities for the purpose of profiting with the intention of controlling the operations of the venture capital company Investing in other things, including physical assets, production projects, blockchain projects and investment deposits with leading companies in the industry, credit institutions.

The prediction of return on investment opportunities in financial markets due to the interactions between markets and the creation of an optimal basket of investment by artificial intelligence.

Basic Information

Min Investment $20.00
Min Withdraw No Limit
Avg. Refer Rate 2 Level Refer System 5 % – 2%
Payment Type
Company Type Hyip
Web I.P
Company Address U.K
Company No Not Found
Payment Accepted Bitcoin, Perfect Money, PAyeer, Ethereum
Links Homepage

Investment Plan Of Cryptocount.io

Complete Review Of Cryptocount.io

Crypto Count LTD is the first company using artificial intelligence in the digital currency industry, and its investment portfolios in 2020, received its license from England at 11885018. The founding of Crypto Count LTD Company 2020 was registered with 11885018 in the British Registered Office of Entities, Creating value and wealth within the framework of cash returns and value added from investing (relying on the creation of value chains).

Cryptocount is open to cooperate for everyone. Any individual or corporation from any nation may open an account with us, and they are happy to accept investors from wherever on the planet. Opening account with us is absolutely free. There are no hidden costs and no maintenance fees.

Your investment, as well as your trust is our core values. They will make every effort to protect your money and reduce the risk of loss to zero. e collect your personal information solely for use inside company. Under no circumstances will these personal data be disclosed to third parties.

Special Features of Cryptocount.io

Secure

Bet-invest.org investment platform is securely protected by the most advanced encryption protocols and is located on secure dedicated servers.

Registered Company

Cryptocount LTD Is A UK Registered Company # 11885018.

Instant Payment

Request Payment And Get It Instantly To Any Processor.

Dedicated Server

They utilize a devoted server with the most high amount of DDOS security to guarantee that your funds are constantly protected with us.

SSL

They website is secured with 256-bit encryption from Cloudflare with Validation that verifies the authenticity of company.

This article is writing 03 April 2020 based on information available online & news portal. If you feel it’s outdated or incorrect, please write here to update it. Mail us: [email protected] Or Whatsapp Us- +13098896258

Disclaimer:

Not all the websites Which listed in Top List are 100% safe to use or investment. We do not promote any of those. Due diligence is your own responsibility. You should never make an investment in an online program with money you aren’t prepared to lose. Make sure to research the website. So Please take care of your investments. and be on the safe site and avoid much losing online.

Top cryptocurrency scams of 2020 – and how most hackers got away with it

For fraudsters and cybercriminals, 2020 has been a big year.

According to a report by CipherTrace, since January $4.26 billion in total has been stolen from cryptocurrency exchanges, investors and users.

Like any heist, a cryptocurrency hack is only successful when the perpetrators can actually make a clean getaway.

This means stealing cryptocurrency from unsuspecting users, avoiding the long arm of law enforcement, laundering that money, and finally, finding an exit so that the currency actually be spent in the real world.

But that isn’t how it always plays out.

Here are some of the biggest cryptocurrency scams — and arrests — of 2020:

Japanese exchange BITPoint hacked for $28 million

Japanese cryptocurrency exchange BITpoint lost a grand total of $28 million in July this year.

This figure is $4.5 million less than what was originally reported on the day of the theft on July 12.

$19.3 million out of the total $28 million that was stolen was from customer funds, while the rest belonged to BITPoint Japan.

As a result of the hack, the company had to suspend all deposits and withdrawals of their crypto assets. Asahi Shimbun, the president of BITPoint, also announced that the exchange will reimburse all customers that were affected by the scam, but not in cash.

Hackers steal $40 Million in crypto from Binance

Binance, one of the world’s largest cryptocurrency exchanges, had bitcoin worth $40 million stolen in May.

While it is uncommon to see an established exchange like Binance get hacked, the cybercriminals managed not only to steal 7,000 bitcoin but also two-factor authentication codes and API tokens. Binance also revealed that the hackers were able to compromise “very high net-worth accounts”.

Despite the hackers getting away with $40 million worth of bitcoin, the impact wasn’t too great for Binance because it was only 2% of the exchange’s overall holdings.

In a statement on their website, Binance wrote: “T he hackers had the patience to wait, and execute well-orchestrated actions through multiple seemingly independent accounts at the most opportune time. The transaction is structured in a way that passed our existing security checks. It was unfortunate that we were not able to block this withdrawal before it was executed.”

The cryptocurrency exchange also said in the statement that it would use its self-insurance fund, SAFU, to cover user losses.

Two Israeli brothers were arrested after a phishing scam that lasted three years

According to CipherTrace, two brothers from Israel were arrested on June 21 for an alleged phishing scam that lasted for three years.

In this time, the Gigi brothers, Eli, 31, and Assaf, 21, are alleged to have stolen over $100 million in cryptocurrency.

They are alleged to have lured investors from crypto trading forums such as Reddit onto websites that mimicked prominent crypto exchanges.

​Six arrested in UK and Netherlands over $27 million “typosquatting” scam

Six people who were suspected of a bitcoin scam worth $27 million were arrested in June, according to a Europol press release.

After a 14 month-long joint investigation, authorities simultaneously arrested five men and one woman at their homes in southwest England and the Dutch cities of Amsterdam and Rotterdam.

The theft affected over 4,000 victims, who were spread out in 12 different countries.

Europol said the investigation centre around “typosquatting,” a method which entails creating a fake online cryptocurrency exchange to gain access to victims’ bitcoin wallets

The investigation was carried out as a joint operation by the UK South West Regional Cyber Crime Unit (SW RCCU), the UK’s National Crime Agency (NCA), and the Dutch police.

A hack is suspected as the cause of Kraken Bitcoin flash crash

Kraken, a major Bitcoin trading platform, experienced a flash crash that resulted in the price of the cryptocurrency suddenly falling from $8,400 to $75.

But shortly after, the price stabilized again and many didn’t think anything of it. It was simply thought of as a glitch in the system. However, an analysis from CipherTrace suggests that the crash was caused by a clever hack.

According to CipherTrace’s research, the hacker compromised the account of a user with a large amount of cryptocurrency, and stole 1200 bitcoin, which was worth more than $10 million at the time.

$10 Million in XRP stolen from GateHub

Hackers were able to make off with around $10 million worth of XRP from GateHub users in June this year.

While the company is still investigating how it could have happened, all the wallet holders were contacted and over 500,000 XRP (worth $200,000) has been recovered so far.

Singapore exchange Bitrue hacked for over $4 million

Bitrue, a cryptocurrency exchange based in Singapore, had $4.2 million in user assets stolen in June.

The company said that 9.3 million XRP (worth $4 million) and 2.5 million ADA (worth $231,800) was also transferred off its platform.

Hackers were able to break through the exchange’s security system by exploiting “a vulnerability in our Risk Control team’s 2nd review process”, according to a company statement on Twitter.

Bitrue has also stated that it will be returning the lost funds to its users and revising its security measures.

Crypto Bit Trade Review: Bitcoin doubler with 1% daily ROI

Crypto Bit Trade provide no information on their website about who owns or runs the business.

Linked off the Crypto Bit Trade website is the company’s compensation plan however, which names Joe Yagudaev and Ramon Escalera as co-founders of the company.

Ramon Escalera (right) first popped up on BehindMLM’s radar last year, as admin of the 25 Dollar Legacy pyramid scheme.

After 25 Dollar Legacy collapsed, Escalera returned with Platinum World Team Build.

Platinum World Team Build is a Ponzi scheme offering a $166,800 ROI on $100 investments.

Alexa traffic estimates for the Platinum World Team Build website show s sharp decline since June, suggesting it has collapsed or is in the process of collapsing.

As I write this and somewhat curiously, a few hours ago on Facebook Escalera was promoting Nspire Network.

Joe Yagudaev (aka. Joseph Yagudaev) launched Elite Profit System about a year ago.

Elite Profit System is a pyramid scheme, through which participants gift each other $500 to $25,000.

Alexa traffic estimates for the Elite Profit System website show little to no interest throughout 2020. In 2020 there was a spark of activity in May but by mid-July Elite Profit System traffic was plummeting again.

The collapse of both Platinum World Team Build and Elite Profit System has likely prompted Escalera and Yagadaev to team up and launch Crypto Bit Trade.

Read on for a full review of the Crypto Bit Trade MLM opportunity.

Crypto Bit Trade Products

Crypto Bit Trade has no retailable products or services, with affiliates only able to market Crypto Bit Trade affiliate membership itself.

Once signed up, Crypto Bit Trade affiliates gain access to CBT Academy.

CBT Academy offers powerful cryptocurrency education training products and services.

Education at CryptoCurrency is where you can learn anything and everything that has to do with cryptocurrencies.

From the basics to the latest information.

We’ve searched far and wide to bring you the best publicly available educational content on digital currencies, sorted by subject and level.

The Crypto Bit Trade Compensation Plan

Crypto Bit Trade affiliates invest 0.1 to 16 bitcoin on the promise of a 200% ROI, paid out at a rate of 1% a day.

Residual commissions on downline invested funds are paid out via a binary compensation structure.

A binary compensation structure places an affiliate at the top of a binary team, split into two sides (left and right):

The first level of the binary team houses two positions. The second level of the binary team is generated by splitting these first two positions into another two positions each (4 positions).

Subsequent levels of the binary team are generated as required, with each new level housing twice as many positions as the previous level.

Positions in the binary team are filled via direct and indirect recruitment of affiliates. Note that there is no limit to how deep a binary team can grow.

Crypto Bit Trade track new investment volume on both sides of the binary team.

At the end of each day volume matched on both sides of the binary team generate a percentage commission.

How much of a percentage is paid out is determined by how much a Crypto Bit Trade affiliate has invested:

  • invest 0.05 BTC and receive a 5% binary commission, capped at 0.1 BTC a day or 3 BTC a month
  • invest 0.1 BTC and receive a 7% binary commission, capped at 0.2 BTC a day or 6 BTC a month
  • invest 0.3 BTC and receive a 10% binary commission, capped at 0.6 BTC a day or 18 BTC a month
  • invest 0.5 BTC and receive a 13% binary commission, capped at 1 BTC a day or 30 BTC a month
  • invest 1 BTC and receive a 15% binary commission, capped at 2 BTC a day or 60 BTC a month
  • invest 2 BTC and receive a 17% binary commission, capped at 4 BTC a day or 120 BTC a month
  • invest 4 BTC and receive a 20% binary commission, capped at 8 BTC a day or 240 BTC a month
  • invest 8 BTC and receive a 25% binary commission, capped at 16 BTC a day or 480 BTC a month
  • invest 16 BTC and receive a 30% binary commission, capped at 32 BTC a day or 960 BTC a month

Exclusive Bonuses

Crypto Bit Trade reward affiliates with Exclusive Bonuses based on their personal recruitment efforts.

  • Sapphire (recruit at least fifty investing affiliates) – $25,000
  • Emerald (recruit at least one hundred affiliates who have each invested “an average of 2 BTC”) – $50,000
  • Diamond (recruit at least two hundred investing affiliates) – “BMW or Mercedes of your choice”
  • Blue Diamond (recruit a least five hundred investing affiliates) – “Exotic car of your choice”
  • Black Diamond (recruit at least a thousand investing affiliates) – a “house up to $1 million”

With respect to how much recruited affiliates must invest to satisfy the above quotas, the Crypto Bit Trade compensation plan documentation states:

These bonuses are subject to change depending on the value of BTC.

Once you reach the specific amount of referrals, you will need an average of 2 BTC in total of what your personal referrals came in or upgraded to.

Also, these bonuses are calculated on 1 BTC worth $2800.

If the value of Bitcoins is lower or you averaged anything less than 2 BTC, you will still qualify for the bonus but will be less.

Joining Crypto Bit Trade

Crypto Bit Trade affiliate membership is tied to the purchase/investment in one of nine offered packages:

  • CBT 1 – 0.05 BTC (no daily ROI)
  • CBT 2 – 0.1 BTC
  • CBT 3 – 0.3 BTC
  • CBT 4 – 0.5 BTC
  • CBT 5 – 1 BTC
  • CBT 6 – 2 BTC
  • CBT 7 – 4 BTC
  • CBT 8 – 8 BTC
  • CBT 9 – 16 BTC

The primary difference between the packages is income potential via the Crpyto Bit Trade compensation plan.

Conclusion

Crypto Bit Trade claim revenue generated to pay affiliates a 1% ROI is sourced from ‘real trading and mining program with actual products and services.

As is typical of MLM companies who make this claim, Crypto Bit Trade provide no evidence linking cryptocurrency trading and mining to affiliate ROIs.

That leaves affiliate investment the only verifiable source of revenue, the use of which to pay a 200% ROI makes Crypto Bit Trade a Ponzi scheme.

On top of that Crypto Bit Trade are engaged in pyramid fraud, with affiliate investors paid to recruit new investors.

Raymond Escalera’s Facebook profile cites his location as North Carolina in the US. Joe Yagudaev cites his location as New York.

MLM investment opportunities in the US require registration with the SEC. Perusal of the SEC’s Edgar database however turns up nothing for “Crypto Bit Trade”.

This makes Crypto Bit Trade’s investment opportunity an unregistered security, with Escalera and Yaguadaev potentially up for wire fraud should the SEC investigate.

Even if that doesn’t happen, the math behind a Ponzi scheme sees most investors lose money. Crypto Bit Trade is no different.

A 1% daily ROI capped at 200% will see initial investment amounts exhausted at around 75 days (factoring residual binary commissions). After that they’re using whatever was subsequently invested.

This creates an ever-growing liability that operates on borrowed time, eventually resulting in a collapse.

Crypto Bit Trade offers zero refund on all membership plans, services and products.

Crypto Bit Trade’s use of bitcoin makes victim fund recovery extremely difficult, if not near impossible. Bear that in mind when you’re handing over your money.

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