China
|Scam Brokers
2-5 years|
Suspicious Regulatory License|
High potential risk
https://www.xjwljs.com/
Website
This Exchange has been verified to be illegal Exchange and all of its licences have been expired, and it has been listed in WikiBit's scam list; please be aware of the risk!
The platform is a Ponzi Scheme, which refers to the use of 'principle of value multiplication'. In the form of rolling or static fund circulation, it uses the money of next member to pay to the present one, which is essentially a pyramid scheme with the distinction of hidden, deceptive and socially harmful. By calling common person's desire for money, fraudsters in the platform begin raising funds underground. Since this kind of platform mostly will abscond after 1 or 2 years, the fund-raising mode just can exist less than 3 years.
It has been verified that this Exchange currently has no valid regulation, please be aware of the risk!
Website
Genealogy
Social Media
Trade Type
Keywords
Time Machine
White Paper
Related Software
Github
Related Docs
All Corps
New Arrival
https://www.xjwljs.com/
https://www.nclaves.net/
--
--
--
7 ratings