Article: $COTI — the undeniable SCAM run by criminals — Investigation Report

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$COTI — the undeniable SCAM run by criminals — Investigation Report

api3cloud, 18 March 2021

Part 1
‘’The criminals’’

I start this article with a disclaimer that this investigative research would not be possible without the help of many. A combined effort on Reddit, Discord, Telegram and Twitter to put together information of undeniable official evidences that COTI is in fact an orchestrated fraud operated by Israeli well known Binary Options criminals. All information provided is backed by public sources and data. This is not FUD. These are undeniable public evidences that the COTI team tried to hide from the public for a long time, the victims of the soon to be known as one of the biggest crypto scams ever seen, need to be informed and law authorities need to act fast.

In this article I will deep dive on the extensive criminal background of COTI team.

When was COTI created? In 2017, the exact month Israel authorities banned Binary Options the COTI team needed the next scam to pull. ICOS were hot at the time, easy money and easy preys.

SIMONA WEINGLASS: Twitter @simonaweinglass /// Email simona@timesofisrael.com

A reputable white collar crime and corruption investigative journalist for the biggest newspaper of Israel, and the responsible for taking down COTI founders Binary Options scams back in 2017 reports

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Article: Russian central bank blocks effort by private investors to coordinate on stocks via Telegram

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Russian central bank blocks effort by private investors to coordinate on stocks via Telegram

Alexander Marrow, 10 March 2021

MOSCOW (Reuters) – Russia’s central bank said on Wednesday it had ordered brokers to block the accounts of more than 60 private investors it suspected of coordinating in a Telegram channel to try to raise the share price of an electric utilities firm.

In a development reminiscent of lurches in U.S. video game retailer GameStop’s stock price in January, the regulator said it had detected non-market pricing on Friday in shares in MRSK Yuga, a Rosseti portfolio company.

The central bank said it had sent instructions to Sberbank, VTB, Tinkoff, Alfa Bank, Otkritie Broker, BCS and Aton to suspend deals and operations on organised trading for individual clients. Continue reading “Article: Russian central bank blocks effort by private investors to coordinate on stocks via Telegram”

Article: John McAfee Indicted On Fraud, Money Laundering Charges In Pump-And-Dump Crypto Scheme

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John McAfee Indicted On Fraud, Money Laundering Charges In Pump-And-Dump Crypto Scheme

Rachel Sandler, 05 March 2021

John McAfee was indicted on securities fraud and money laundering charges, the Justice Department announced Friday, adding to the antivirus software pioneer’s litany of legal problems stemming from more than a decade of sometimes bizarre behavior.

McAfee and an advisor of his cryptocurrency team, Jimmy Watson Jr., were indicted on several counts of conspiracy to commit commodities and securities fraud, wire fraud conspiracy and money laundering conspiracy offenses.

Prosecutors say McAfee and his cryptocurrency team used his Twitter account, which has a million followers, to promote Initial Coin Offerings without disclosing he was being paid by the ICO issuers to do so. Continue reading “Article: John McAfee Indicted On Fraud, Money Laundering Charges In Pump-And-Dump Crypto Scheme”

Article: Young Koreans are echoing r/WallStreetBets in their war against short sellers

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Young Koreans are echoing r/WallStreetBets in their war against short sellers

Max Kim, Rest of World,  03 March 2021

The Korean Stockholders’ Alliance is located in Yeouido, Seoul’s financial and political district, on the fifth floor of an officetel building mostly occupied by financial companies. Jung Eui-jung, the 62-year-old head of the Alliance and the sole resident of its office, points out the window to a large, bright-yellow bus parked outside on Eunhaengro (“bank street”), so named because it is home to South Korea’s two main state banks. The Alliance is an advocacy group that represents retail investors, with around 41,000 members. Its current mission statement is displayed in block letters on the side of the bus: “I hate short selling!”

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