Arbitrage Coins Scam Review: LEGIT ICO?

OFFICIAL SCAM URL: arbitraging.co

The Arbitrage Coins ICO which can be found at Arbitraging.co seems to be the real deal. However, if you take a closer look at it, things start to fall apart pretty quick. It might seem like a good initial coin offering opportunity, but the facts say otherwise. This is our Arbitrage Coins review and we are here to provide you with fair warning about the potential threat posed to your financial security.

Arbitrage Coins Software Leadership – Lack Of Transparency

First off, this particular crypto initial coin offering appears to suffer from a lack of transparency. Yes, there is an about us section on the website which tells us who the alleged leaders and owners are. These people include the CEO, David Peterson, the CTO, Majaz Elahi, Designers, and other developers too. Well, the team looks good enough, but are they real?

Unfortunately, it is impossible to confirm whether or not these guys are real, but what we can say is that there is a decisive lack of real information on the internet concerning any of the people who we are told are a part of the Arbitrage Coins leadership team. They do not have social media profiles, Wikipedia has never heard of them, and neither have big search engines like Google.

Chances are that these are just random stock images combined with fake names. In other words, this Arbitrage Coins ICO lacks transparency, it is anonymous, and we do not really know who is in charge here. Guys, you just cannot trust any kind of cryptocurrency initial coin offering when the owners have gone out of their way to ensure that we do not know their true identities.

Arbitrage Coins ICO – No Evidence Of Registration

Another suspicious aspect here is that there is no evidence that Arbitraging.co is actually registered. It claims to be a real and legit business entity, but we have some serious doubts about this. As far as we can tell this crypto investment initial coin offering is not registered in the UK, the USA, or any other country for that matter. If this company is not registered and licensed, it means that it is operating illegally.

Chances are huge that these crooks are simply stealing money from people, but not actually using it to trade cryptocurrencies or invest in anything else. Whenever an ICO like this is not registered or licensed, it means that it is shady, crooked, and illegal. You cannot possibly invest money with the Arbitrage Coins ICO knowing full well that the company does not really exist on paper, at least not legally.

Arbitrage Coins Program – A Hidden Domain Owner

If you happen to go to whois.com, you will notice that Arbitraging.co has a private and hidden domain owner. This is a very suspicious sign to say the least. If these guys were the real deal and this was a legal initial coin offering that follows all of the rules and regulations, there would be no good reason for the domain owners to hide themselves in anonymity.

It is pretty obvious that whoever owns this Arbitrage Coins system does not want us knowing who they really are. The conclusion here is that these crooks are stealing money from people. Heck, if they were totally legal and clean, they would not bother going to such great lengths to hide their identities.

Arbitrage Coins System – A Bad Whitepaper

Whenever we review initial coin offerings, we look at the whitepaper. We do not want to go into too much detail here, but the fact of the matter is that the whitepaper for this Arbitrage Coins ICO is unbearably bad.

The details are muddled, confusing, and just so convoluted that we had to stop reading after a couple of pages. It is apparent that the people behind Arbitraging.co just threw together a bunch of complex terms and big words in the hopes of confusing newbie crypto investors so much that it all sounds legit.

Arbitrage Coins ICO – The Business Model

To be quite honest, the business model here does not make a heck of a lot of sense at all. Sure arbitrage trading is a real thing, but it is super hard to get right. If there is really an automated bot here, it would be really hard to actually make profits. Just a few milliseconds of time could make or break this thing. There is also the fact that all of the crypto exchanges which are traded on here are not reliable or legit, at least some of them. There is also a lack of Bitcoin exchanges, which is very suspicious.

Arbitrage Coins System – Unrealistic Profits

These crooks claim that you can make some truly insane profits by investing money with this Arbitrage Coins ICO. However, as far as we can tell, everyone who has invested money has had their cash disappear. Nobody has made any kind of money.

Arbitrage Coins App – No Good Testimonials

Perhaps one of the most telling signs that there is a scam afoot here has to do with the Arbitrage Coins testimonials. The website claims to have thousands of users, but as far as we can tell, nobody left any good testimonials or reviews about it on the site.

Moreover, all of the blogs and forums out there also agree that this is a total rip off. Literally not a single person has had a single good thing to say about Arbitraging.co, which is more than enough to confirm that it is indeed a shady ICO hell bent on screwing people out of their money.

Arbitrage Coins Initial Coin Offering – Ponzi Scheme?

What is also quite obvious here is that the Arbitrage Coins ICO is indeed a Ponzi scheme and a pyramid scheme. It promises up to 5% commission, with various tiers, if you get your friends and family to sign up. Folks, nobody who has gotten their friends to sign up has ever actually gotten a commission, which is illegal. It is false advertising. These guys have combined a Ponzi and Pyramid scheme to rip off as many people as they possibly can.

Arbitrage Coins Scam Review – Conclusion

The signs here are not good at all and the indication is that the Arbitrage Coins system is indeed a rip off. We would advise staying away from it as it seems way too dangerous and shady to be the real deal.

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