Futures Commerce has introduced a “regulators!” exit-scam.
The transfer comes hours after BehindMLM outed proprietor “Dylan Carnell” as UK resident Daniel Clayton.
In a stream for Futures Commerce traders, relatively than simply admit the Ponzi scheme, Clayton placed on a canine and pony act.
To explain how I’m feeling proper now? Offended, dissatisfied, upset, aggravated… I can’t put into phrases what I’m feeling proper now.
This could be the final form of video that I make for a short while …
There was a full report division report made us towards to authorities, with the challenge particulars, with unbelievable misinformation in there as effectively.
Um, yeah and it’s acquired me actually frightened about the way forward for the challenge and about the way forward for folks’s funds …
Clayton knew Futures Commerce was over after I instructed him it was yesterday.
With the knowledge that’s been dropped at mild to me at present, I’m actually dissatisfied and aggravated that somebody has gone about this on this method.
Not simply contemplating the UK’s stance on cryptocurrency … but in addition false info, false concentrating on particular people and even myself.
Clayton is referring to BehindMLM’s Futures Trades evaluate, which appropriately recognized the rip-off as a Ponzi scheme.
Having been reported, I’ve had a proper letter from authorities claiming that sure issues are being seemed into. (That) sure issues that we shouldn’t be doing.
We inevitably, and a whole lot of members, a whole lot of massive traders, and people compliance conferences that I had with um, actual folks in actual life, was addressing these points (and) attempting to get these points sorted earlier than something like this has occurred.
Sadly effectively, individuals are attempting to smash it for us …
I wish to preface by unequivocally stating Clayton’s “regulators” exit-scam is full bullshit.
There isn’t a regulator on the planet that strikes on a report in just some days. Not to mention within the UK, whose FCA are totally incompetent.
However Futures Commerce was advantageous over the weekend (till Clayton was outed). And Clayton’s announcement was made within the early hours native UK time, effectively earlier than he might’ve obtained new correspondence from a authorities regulator.
With all that in thoughts, Clayton’s claims are much more bullshit on account of you may’t “repair” securities fraud.
Should you haven’t registered with monetary regulators and are working a passive returns MLM firm, you’re committing securities fraud.
The solely cause this occurs is as a result of firms like Futures Commerce are Ponzi schemes.
Clayton is attempting on the previous “haters did this!” ruse. Whereby a scammer claims they have been working in direction of compliance, and pull an exit-scam on the premise they tried however haterz acquired in the best way.
The primary order of enterprise is we’ll not be capable of ship the unique core performance of Futures Commerce.
That’s as a result of we’ll be unable to proceed. One thing worse would occur if we don’t mainly take motion now.
Futures Commerce collapsed for one and one cause solely: It was a 3% a day Ponzi scheme.
Within the aftermath of Futures Commerce, Clayton is requesting traders write in for refunds.
It’s with a horrible and heavy coronary heart that I’ve determined we’ve got to shut the unique portion of Futures Commerce and simply refund any of the traders who haven’t at the moment profited with us …
I would like folks to nonetheless help me.
I wish to refund all of the traders which have withdrawn lower than they’ve at the moment invested within the platform.
That is going to price my very own capital. It’s going to price the corporate capital on the finish of the day.
However for the safety of Futures Commerce, for the safety of members, for this challenge to actually have a half likelihood of continuous sooner or later, that is what we’ve got to do.
Asking traders to ship in emails is once more absurd, on account of Futures Commerce already realizing who misplaced cash within the rip-off.
In a subsequent weird flip of occasions, Clayton adopted up his video with a declare that Futures Commerce’s web site area had been hacked.
Latest updates to the withdrawal system gave method to a hack try, the web site area was compromised and this disrupted the exercise of the server and it couldn’t course of withdrawal.
All funds have been efficiently securities and encrypted in codes and backed up in our offline database.
The web site “futurestrade.io” and all firm hyperlinks on it have been shutdown to keep away from additional hack try.
Clayton requests associates log in to “logicbitinvest.internet” utilizing their Futures Commerce affiliate credentials.
This appears like a restoration rip-off in and of itself.
The LogicBitInvest area was privately registered on December tenth, 2021.
LogicBitInvest itself is one other MLM crypto Ponzi, promoting “10% every day without end” returns.
Or if you happen to’re significantly gullible, you may drop $500 to $5000 and obtain 2000% after 60 days.
Like Futures Commerce, LogicBitInvest pegs its legitimacy on being a UK shell firm. It’s extremely doubtless it is a backup scheme of Clayton’s that by no means launched.
Funneling Futures Commerce victims into one other MLM crypto Ponzi is additional signal Clayton’s “regulators!” waffling is full baloney.
Whole Futures Commerce investor losses are unknown.
At time of publication Alexa ranks the US as the biggest supply of visitors to Futures Commerce’s web site 57%.
Neither Futures Commerce of Daniel Clayton are registered with the SEC.
Keep tuned for any updates…
Replace twenty fourth January 2022 – Daniel Clayton has introduced he’ll be deleting his Dylan Carnell FaceBoon profile, in addition to the official Futures Commerce FaceBook group.
Buyers are being funneled right into a Telegram group named “Elite Non-public Buyers”:
Clayton states he plans to “let the mud quiet down”, after which return with a brand new Ponzi token “in a single month”.
