Ручейная 44двери Фирма: ДВЕРИ ПРО телефон:. Фирма: ДВЕРИ СРОЧНО повсевременно большущая удовлетворенность. Доставки: Санкт-Петербургу - на 2-ой день 2-ой день после самовывоза: 180 рублей Нежели не определены оформлен до 16. Фирма: ДВЕРИ НА 118.
An investigation by Handelsblatt raised questions about other claims made by the company. Seiz and Karatbars are being sued by a Swiss academic who claims they plagiarised a report she wrote about the contents of a group of copper mines in Chile. In an interview with Handelsblatt, Seiz conceded the report had been faked, blaming a former business associate, and he failed to provide evidence that he owned a stake in a gold mine at all.
Contacted by the Dutch newspaper Het Financieele Dagblad, Kluivert denied being an ambassador for the cryptocoin company and said he had no business links with Seiz and had not invested in the currency. Any other interpretation takes his comments out of context.
This article is more than 2 years old. Blockchain and Digital Innovation event in Malta promoting cryptocurrency. Karatbars has denied that investigations have been launched into its cryptocoin. Also, he has his own Wikipedia page that covers the publication of his five books. The company produces various interview promotional videos in order to appear as if the media is interested in the company.
For example, in one interview style video, the New York Stock Exchange was in the background of the video, but the company has no ties to Wall Street at all. First, their Mini Gold Bar Cards, start from one gram of pure gold embedded in the card. Second, their CashGold is banknote-like paper with tiny gold bars embedded.
Therefore, the premium makes it a much more impractical starting point as an investment; however, some argue that the smaller quantities of gold make it more accessible and practical if the monetary system collapses and if fiat money disappears. First, you can open up a free account to participate in their affiliate program. However, the products are expensive and the commission is very low, making this very difficult to succeed using the affiliate program.
This seems to be a free alternative to their real paid objective, which is to build a team. Up until now, everything seems legit and checks out. However, during our research, we did encounter many red flags, which we will explain now. Their business model is selling products through Multi Level Marketing MLM , even before cryptocurrency became apart of it.
In our opinion, any company that has crypto and MLM should definitely be further investigated. This is based upon history and the number of companies with similar business models that have exited or collapsed. Because of this, Karatbars International tries to downplay the MLM structure and makes it really convoluted and difficult to learn about how it works.
However, their compensation plan includes building a team by recruiting people, who then recruit more people, and in doing so, they receive different bonus levels. This is very typical of Multi Level Marketing. It is also important to discuss their pre-crypto phase packages.
Karatbars International has also received multiple warnings from regulators as well as court convictions. In , Karatbars was convicted in a court trial by the AMF and the company and 2 promoters were fined. Finally, the Bank of Namibia labeled Karatbars a pyramid scheme illegal in Namibia in This crypto bank is also mentioned and included in their white paper. However, it has been almost a year since its announcement, and it has yet to be created. Now, we must touch on their foray into crypto.
Karatbars International, which sells the gold products, and Karatbit Foundation, which sells and operates the KBC coin, are separate entities. Also, Karatbit is not regulated so it may be difficult to legally enforce the gold backing. First, they say that KBC is backed by actual, safely stored gold, and second, they say that the price can never plummet. Which claims are true? The extravagant claims in the beginning or their more tempered claims at the end? In their white-paper, they make blatant price predictions which is always super shady.
Besides its gold backed claims being contradictory, they also state the KBC has nothing to do with any company, shared profits, dividends, or interests. Without any gold backing, is it just a worthless ERC20 token? However, KBC was not being traded on Binance, rather it was simply listed on the Binance info page, which offers information about various projects, regardless of whether or not they are being traded on Binance.
The team also seriously botched their heavily hyped 4th of July Gold Independence Day event. They made an announcement that KBC would be exchangeable for 1 gram of gold. However, on that day, nobody was actually able to make the exchange. However, the CEO has not kept his promise yet, and we have no reason to believe it would be fiscally possible to keep it. Finally, there is a mysterious second coin in this ecosystem that we do not know much about. Now in the business packages, investors also receive a second coin called KCB, but the function and difference to KBC is unclear.
More bold claims made about their mainnet launch are that they will distribute CashGold ATMs all over the world, release a blockchain based smartphone, launch the KC Bank, and according to the announcements, all of this will happen in September.
However, we are very skeptical about all the delays and promises for many reasons as you can tell. We would be very surprised if it were not a scammers operation. However, our own opinion is only based on the information we reviewed, so everyone has the right to come to their own conclusion.
You mentioned a court case in which Karatbars was found guilty. Guilty of what? The true outcome was in after the Quebec government audited every aspect of Karatbars mines, reserves, credit, history, etc. Karatbars came out clean. The case was initiated by the AMF, which is made up of brass from the mainstream investment corporations.
Your calling red flags about products that are not even being sold currently. Since I started investigating for my own reasons, these packages were not sold and something far more lucrative what offered instead. Red flags about things that are coming in the near future… Since I checked into the company, their dates have been respected with the exception of continuing with a promotion past the deadline—that everybody wanted continued.
So a backdrop of financial subject matter was in an interview. You inferred that showed lack of integrity… wow…. To say that anything with cryptocurrencies and MLM should be looked into before buying… what do you recommend we buy without investigation?!? Of course, investigate where you are going to put your money! Your site is called Crypto Canary. Of course nobody can predict the market, but do you happen to have much money in Litecoin?
He made a video showing everybody how to do it with the online system. My friend has proven his sincerity and integrity to me and he feels that Harald Seiz has proven his to him—though I have never met Mr. This sound like a company employee, defending their scam. No video, no fact, no source. Of course… How else can they keep the scam going? Excactly, I think for the length of the article, it contains very sloppy investigative results with no helpful facts or source references.
I think perhaps the canary died sometime ago from innocuous boring chatter. Every single one of these claims has now been rendered false especially as of 2 days ago, September 15th with the launch of KaratNet, the announcement of the physical bank where for the first time there is an internationally regulated Bank where gold crypto and fiat currency are interchangeably exchanged.
Second the announcement of the IPO that is coming is further proof that the company has been through the rigor of public analysis. Thus all claims about the company in this article or untrue. Third it is certainly possible to make money.
That is simply a fact which I can show on a tax statement. I encourage Anyone who reads this essay to do their true due diligence and realize that Karatbars International is absolutely extraordinary. You are an idiot… either part of the Scam or the victim… Either way one day you will get what you deserve! I guarantee your 70, euros has come from the MLM side of the business getting other people involved and purchase products in which you get a cut of. In no way has that income come from legitimately selling your fake cryptocurrency on a legitimate crypto exchange.
Just a couple of things without wasting too much time. I just bought a bunch of gold from Karatbars. Compared the price before I did. It ranged from slightly cheaper to OH MY, why do you want that much? It is at worst, market price competitive. So its coming up to mid Oct Has Karatbars Mainnet launched as claimed?
Cant find anything on the interweb. They had the launch announcing they started working on the Mainnet in September, hardfork December To filter the good from the bad you need to look at the DNA of the people behind this. I used to. Be a fair coin evangelist and I know that you have to be careful. My spider senses say..
Also, listed on stock exchange happening? I have recently been to one of their presentations. It all sound so great. There is no mention of what to do if I want to sell the gold i have. Do I have to sell it back to them? They mention commissions are paid every Friday. How is it paid.
Into your normal bank facility? What happens if i need to convert it to cash in the currency of my country? Can I do a EFT into my own bank account? I have recently been to a Presentation and have to admit it sounds pretty interesting, however there were no opportunity for questions and answers. So can someone please tell me the following If i want o sell my gold,how do I go about it?
Is there a tax implication? They talk about commission being paid every Friday. They mentioned a credit card. At what stage can you access one and is there a cost involved?
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