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24/01/ · To reach Chairman level, a member has to invest $50, and get back $65, in R2B coins. R2B are pre-generated points sold to members at a cost of cents per coin. R2B Coin sets the price of R2B, they position the value according to the number of coins bought by the company, this can go up to $ psk-castrop.deted Reading Time: 6 mins. If I am being perfectly honest, R2B Coin isn’t entirely a scam. However, there are some things you need to watch out for. This is how you will be successful in online psk-castrop.deted Reading Time: 5 mins. 23/01/ · Conclusion for R2B Coin. On R2B Coin’s website, you’ll come across the following message: “If you had bought Bitcoin for $1 Back in , they would have been worth more than $3 million today. Some people did and it changed their lives, a nice place to live, a new car, nice holidays, but most of all; more time to spend with their loved psk-castrop.deted Reading Time: 6 mins. 23/02/ · Chairman – Invest $50, and receive $65, worth of R2B coins; Company affiliates must buy pre-generated points, which are offered at an initial cost of purchase from 80¢ per point. R2B Coins are set with an internal value, which is based on the considered value rising per set number of new coins bought from the company (up to an amount of $).Estimated Reading Time: 7 mins.

Crypto Scams Are On the Rise — Here Are the Latest Scams Roiling the Industry. Now that the prices of cryptocurrencies has cooled a bit, many of the scams are beginning to surface. We have already several posts on specific cryptocurrency scams and ICO offerings. Use the search feature on our blog for stories on BitConnect, The Crypto Company and SI — Tech Ltd. It turns out the promoter is a convicted felon.

His crime? Investment fraud. As more investors chase the lure of huge returns, we figured it was time to update our cryptocurrency scam list. DavorCoin billed itself as having the highest returns in the crypto marketplace. How they calculated those returns remains a mystery, however. Two weeks later the Texas State Securities Board issued an emergency cease and desist order against the company.

Texas claims that DavorCoin was operating as an unregistered security and had intentionally concealed material information of its business, how it planned on raising enough money to pay the promises made to investors and the location of their business.

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Two executives are featured on the R2B Coin website, David Wu Asian Marketing Director and Eddie Lo Business Director. He holds a real estate license in the state of California and has experience building and selling million dollar homes in Palo Alto, California. He also has experience working in California hospitals as an Emergency Room Technician.

He has owned restaurants in Las Vegas, Nevada, Los Angeles, California and, most recently, in Taipei, Taiwan. Wu speaks five languages fluently and he has been engaged in network marketing for over 30 years, primarily in Taiwan and in China. R2B Coin has no retailable products or services, with affiliates only able to market R2B Coin affiliate membership itself. R2B are pre-generated points sold to R2B Coin affiliates at an initial cost of 0.

The idea is that R2B Coin affiliates invest in R2B at a set price, over time R2B Coin increase and price and when an affiliate cashes out through the internal exchange a ROI is realized. To qualify for residual binary commissions an R2B affiliate must recruit two affiliates one placed on either side of their binary team. A binary compensation structure places an affiliate at the top of a binary team, split into two sides left and right :.

r2b coin scam

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But the Securities and Exchange Commission this week had another description for the enterprise: „outright scam. AriseBank also boasted of an algorithmic trading application that automatically traded in cryptocurrencies. The SEC said it obtained a court order blocking AriseBank from selling its cryptocurrency in an initial coin offering. The SEC’s action against AriseBank was the latest by securities regulators against cryptocurrency schemes in Texas.

Crypto-currencies are digital assets that use encryption to secure, verify and hide transactions. They initially became a method of payment for illegal activities, such as drugs, but they are being adopted by businesses and countries, and fueling a speculative boom. Venezuela, whose official currency, the bolivar, has been rendered nearly worthless by hyperinflation, recently said it would launch a cryptocurrency tied to its oil.

Kodak, the Rochester, N. In Texas, meanwhile, regulators have warned consumers and investors to beware of cryptocurrency schemes. In January, the Texas State Securities Board issued a cease and desist order against Williams Corp.

r2b coin scam

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MILF Token MILF is a cryptocurrency and operates on the Ethereum platform. Project statements are provided by senior members of the project team and serve to tell the reader why the project has honorable intentions and why is definitely not a scam. Please get in touch to submit a project statement for this project. Emails must be sent from official domain email addresses and will be verified before being accepted.

This profile is missing some data needed to perform a thorough analysis. Depending on what data is missing then this could have a negative impact on the overall rating. The link to the projects repository has not been submitted yet. The sentiment score indicates how well the wider community regards the project. We analyse social media platforms such a Reddit, Twitter etc to access if the community is talking positively or negatively about a project.

Or if they are even talking about the project at all! The community score indicates how active community is. Are they writing lots of articles and engaging in lots of conversations on the web? Where is the crypto communities attention spent?

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There are many types of scams in the world of cryptocurrencies. Please let us know if you were scammed by any cryptocurrency brokers and services by leaving a comment below. I got scammed by a person called Michael Copley who works for Qabital company in the US. I was so devastated and people like him should be banished.

A person named Trader Garrick is scamming people. He can be found on Telegram as t. If you would invest bitcoins, he promise to give you your profit. He has a lot of payout proofs and testimonials which attract people to join. Once you invest, within 24hrs, he would again ask for money saying there is a fee. After you pay, he would refer you to a website, Globecryptoincestment.

It will never end. A guy contacted me via Linkedin and is using a fake identity to look like a sweet old man — he calls himself Jorge Maurel, but I am pretty sure this is not actually him. I did not want to send more money, and they will not give me my deposit back.

r2b coin scam

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Texas continues to lead US regulation against MLM cryptocurrency fraud, with the latest an emergency cease and desist filed against R2B Coin. R2B Coin principals are identified as David Wu and Eddie Lo, with the Texas Securities Board pointing out that. These representations not withstanding, Williams Corporation has not been registered with the State Securities Board or with the Financial Industry Regulatory Authority … at any time material hereto.

Neither R2B Coin or its affiliates are registered to offer securities in Texas or anywhere in the US either. BehindMLM recently reviewed R2B Coin and concluded it was yet another MLM ICO lending Ponzi scheme. For those unfamiliar with the model, affiliates invest in points R2B points in this instance , which are issued by the owners of the company. The points are generated for little to no money and sold off in exchange for real money typically bitcoin or another cryptocurrency.

It is represented that the points will increase in value, thus constituting a securities offering. A number of other representations R2B Coin has made in relation to their r2b coin offering are classified deceptive and materially misleading. R2B Coin is making offers containing statements that are materially misleading or otherwise likely to deceive the public.

It is therefore ordered that R2B Coin immediately cease and desist from offering for sale any security in Texas until the security is registered. Following similar emergency cease and desist orders, USI-Tech and BitConnect shut down in the US. With the US the primary source of investment for both companies, BitConnect promptly collapsed. USI-Tech is believed to be limping along by using funds invested by US and Canadian affiliates to prop up ROI withdrawals.

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In the last few weeks, R2B Coin has been getting a lot of attention in the network marketing circles. With all this hype, I am sure you have seen some of your friends trying to sell R2B Coin in your social media feeds. I wanted to gather all the information about R2B Coin in my R2B Coin Review in order for you to make a decision about joining R2B Coin.

There are two names listed on the R2B Coin site, including David Wu and Eddie Lo. He also has experience working in California hospitals as an Emergency Room Technician. He has owned restaurants in Las Vegas, Nevada, Los Angeles, California and, most recently, in Taipei, Taiwan. Wu speaks five languages fluently and he has been engaged in network marketing for over 30 years, primarily in Taiwan and in China.

How convenient. The one and only thing affiliates have to offer is the affiliate membership, and the main draw to this is the attached income opportunity. There are a few different tiers through which you can do this, and they include the following:. The R2B coins being offered are not tradable on the public market, and they come with an initial cost of 0. The idea is that this value will go up as more affiliates buy the coins, so getting in on the ground floor is ideal.

Referral commissions are offered on top of this, and these are paid using a binary system. Some people did and it changed their lives, a nice place to live, a new car, nice holidays, but most of all; more time to spend with their loved ones.

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19/01/ · R2B Coin- Texas Issues Cease And Desist Order Texas State Securities Board has issued a Cease and Desist Order against R2B Coin. psk-castrop.de /defau /files/ENFCDO . 25/01/ · R2B Coin is engaging in fraud in connection with the offer for sale of securities. R2B Coin is making offers containing statements that are materially misleading or otherwise likely to deceive the public. It is therefore ordered that R2B Coin immediately cease and desist from offering for sale any security in Texas until the security is registered. R2B Coin has thirty-one days to respond to the .

In the last several months, the Texas State Securities Board has taken a number of enforcement actions against allegedly fraudulent companies in the space. In the last six weeks, the Texas regulator has taken enforcement action against four cryptocurrency-related companies. On Dec. The Texas regulator gained even more attention when, on Jan. Not even three weeks later, on Jan. The Texas State Securities Board cites a cooperative working relationship with other regulators and law enforcement agencies:.

Postal Inspector, IRS-Criminal Investigation, and county law enforcement agencies. Texas Securities Commissioner Travis J. We are able to leverage resources to help shut down and prosecute large, complex fraudulent schemes that are inflicting harm on Main Street investors in Texas. However, as digital currency begins to go mainstream, unsophisticated investors will increasingly be targeted by scams and fraudsters.

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