/biz/ - Business & Finance

Ensogo / Monaco / CryptoDotCom
Fraud.

>They exit scammed all their customers with Ensogo.
https://www.techinasia.com/ensogo-customers-merchants-feel-ripped-company-answers
https://www.xwork.my/ensogo-scam/
>They lied about having a VISA deal.
https://economictimes.indiatimes.com/markets/stocks/news/cryptocurrency-up-695-on-deal-with-visa-that-didnt-happen/articleshow/60919710.cms
>They partnered with wirecard issuer of VISA, who is also dealing with fraud false accounting and lacking funds
https://www.bbc.com/news/business-53132953
https://www.reuters.com/article/us-germany-wirecard-inquiry-timeline-idUSKBN2B811J
>They defrauded all their ICO investors with Monaco
https://www.cryptoiqtrading.com/monaco-mco-that-raised-26-million-in-ico-and-promised-to-deliver-crypto-visa-cards-rebrands-itself-to-crypto-com-and-then-crypto-com-chain-cro-after-failing-to-deliver-cards/
>They defrauded all their early investors with MCO to CRO token swap
https://www.cryptovantage.com/news/opinion-the-crypto-com-mco-swap-has-outraged-investors/
>They have no way to profit off of their business model
https://librehash.org/taking-a-brief-lookback-at-monaco/
>14% APY on CDC, don't ask where the money comes from. It is definitely sustainable in the long term. Crypto.com is surely a profitable venue.
https://economictimes.indiatimes.com/wealth/invest/how-not-to-fall-for-a-ponzi-scheme-here-are-5-red-flags/articleshow/70203114.cms
>but the volume?! That's their profit!
Washtrading and 0% maker/taker fees on maximum Cro stake.
Pretty much all big exchanges washtrade, but that's not the point. The point is that the alleged profit they have to sustain all these ridiculous perks does not exist and they are not profitable and when the hype dies down and they can no longer pump and dump their token they are in deep shit.

There is no more fraudulent exchange than Crypto.com.
There will be blood.

>>53230553
Sup Jeet your chink handlers are bankrupt so your not even getting paid to write their nonsensical script.

https://www.geekwire.com/2023/u-s-attorneys-office-in-seattle-reportedly-part-of-ongoing-investigation-into-binance/

>>53230629
>QUICK DISTRACT WITH BINANCE
Kys, your methods are stale and your arguments non-existent.
This is a CRO thread. I come to shit on CRO.

>>53230642
>no arguments
>baseless fud cro
>larps that it's not a binance jeet

You losers never made any sense. When CRO gets to $10000 per. I'm going to buy my superyacht and buy the biggest fuck off telescope. Then watch as you and your family die for dysentery, and jack off too it.

>>53230822
Delusional.

>>53230553

and with all the fraudulent actions they still continue to thrive. try again with the senseless fud

>>53230837
I'm getting second hand embarrassment reading this shit. Most of it is just my insults parroted back to me.

Anyway buy 100 cro and leave it in a wallet for a few years at least then you will be able to live comfortably.

>>53230977
Kill yourself.

>>53230967
>and with all the fraudulent actions they still continue to thrive
No volume. Barely any users. No income. Huge expenses. Only barely claimed a small % overcollat. They are in deep shit. Most likely insolvent already, but trying to survive as long as possible by pretending they aren't, like every other insolvent exchange before them.

>>53230967
You can take a jeet to the toilet but you just can't get him to to shit in it. If you don't have CRO this is the biggest NGMI signal.

>>53232215
Top Kek, crobro I'm feeling it!!!!! We are going to win!

I finished my CRO accumulation goal for this bear market 2 days ago bros. Life is good.

>>53230526
dont care

The CRO magnons will outlast the neanderthals