After 4 days of ready for “quantity to go up”, the scammers behind Swapnex have given up and pulled the plug.

I’m undecided why, however they’re additionally making an attempt to pin the blame on COTP.

Earlier at the moment Swapnex suggested traders it was disabling day by day returns calculations.

Sadly, we’ve to briefly cease accepting new orders in each guide and auto buying and selling modes. Funds for all of the earlier orders are additionally stopped till the scenario modifications.

This was largely a token gesture seeing as withdrawals had been restricted earlier this week.

About an hour in the past no matter exit-scam Swapnex was pulling behind the scenes completed, so that they pulled the plug.

Expensive shoppers!

Our greatest dealer has refused our question to refund the cash we despatched them to execute orders.

As well as, the Swapnex web site is continually subjected to DDoS assaults by this dealer. It’s a COTPS firm. By way of it, we’ve been operating our orders and making funds.

As you could keep in mind, we’re not a traditional arbitrage platform. We’re merely an middleman between you and the market.

In response to the Swapnex Phrases and Circumstances, we’re not answerable for any monetary losses and dangers that the cryptocurrency sphere includes.

From this second, our web site stops working, and all legal responsibility in your money owed is the COTPS’s duty.

The stuff about brokers is bullshit. DDOS is an exit-scam cliche. Blaming COTP seems to be a part of the exit-scam.

Swapnex was a Boris CEO Ponzi scheme run by Russians. COTP is a Ponzi scheme run from Asia.

I can’t 100% rule out the chance Swapnex and COTP aren’t run by the identical scammers however it’s unlikely.

The remainder of Swapnex’s replace is mainly “sorry in your loss”. A reminder to traders that any “how do I get my a refund?” feedback left beneath shall be marked as spam.

Of the MLM crypto Ponzis doing the spherical previous to final week’s crypto crash, Metafi Yielders and COTP are the one two nonetheless stringing traders alongside.

Metafi Yielders disabled withdrawals yesterday. They’re supposedly presupposed to be open once more however I haven’t seen any affirmation.

Regardless, Metafi Yielders has additionally carried out withdrawal restrictions until mid June.

COTP first blamed the TRON blockchain, now they’re pulling the previous “SMS verification issues” baloney.

COTP had been presupposed to have their technical points fastened yesterday however I’ve additionally seen no affirmation of that.

At time of publication Swapnex’s web site and socials had been nonetheless on-line. We’re anticipating they’ll disappear someday over the subsequent 24 hours.

Replace twentieth Might 2022 – Swapnex has redirected their web site area to COTP’s web site.