Is Cryptonexx reliable? Be sure to read before investing

A cryptonexx was headquartered in Ceará, northeast of Brazil and closed without any warning.

Cryptonexx spent about 3 weeks selling plans bitcoin investments. Local clients who lived in Ceará demanded responses personally from the partners. Some of the warmest customers have threatened to kill the owners of the cryptonexx.  

What is cryptonexx? 

A cryptonexx was created by 2 partners:

• Diogo lima
• Iago Iarlisson Evangelista 

The two created a pyramid scheme to attract investors to invest in bitcoin, the scheme was called cryptonexx.  

What happened? 

After the rumors of the financial pyramid began to circulate on the internet involving the name cryptonexx. The owners, Diogo Lima and Iago Iarlisson Evangelista they closed the company in Ceará and left quickly.  

How did it work? 

A cryptonexx he said he had an investing robot. The robot would do buy and sell operations in the cryptocurrency market. However, people would have to buy investment plans with daily profitability in cryptonexx. But that was a blow. 

A cryptonexx it was a financial pyramid, the robot was just a gimmick to attract customers and raise money for the scheme. These customers believed in the promise of daily earnings from cryptocurrency transactions, but that did not happen.  

The company said that the expected return on investment was 60% added to capital invested. The capital would be returned within 40 days. Therefore, the person would receive 160% at the end of the contract.  

The partners publicized the company on Instagram through a live, talked about the plans of cryptonexx. They did it before the company started, they said they would do a pre launch of the platform. That way, people who registered before would have exclusive offers.  

When was the cryptonexx? 

On November 21, 2019, the investment platform went live. But the company lasted a few weeks, about 3 and then closed for no reason. 

cryptonexx register 

The official launch of cryptonexx it was on November 21st, but some people registered on the site before, through the pre launch link.

Whoever entered before the 21st would have a profitability of 4% per day. That was a strategy of pre marketing to attract more people.

O register the site cryptonexx it was through a form. Registration could also take place via the cryptonexx.

Presentation da empresa

We had access to a PDF with the presentations of cryptonexx. It possible to read what the company said about its business to investors.  

A cryptonexx stated that worked with trades in cryptocurrencies. He talked about bitcoin and explained the market briefly, everything superficial.

Unfortunately it is common to see the bitcoin and cryptocurrencies within the presentation of these fraudulent companies. They explain about the earning potential with cryptocurrencies, but they do not explain how they do it.  

A cryptonexx he said he had experience in the financial market for about 5 years. They said they had innovative technology and that their investing robot would operate the money you invested on the platform quickly in just 40 days.

Multi-level marketing  

Multilevel marketing is one of the names to mask the financial pyramid. cryptonexx was a pyramid, because the real product “robot operations” yielded nothing.

There were career plans within the “multilevel marketing” of cryptonexx. They were even 5 levels of evolution to attract new customers. The person could earn 10% with the indication of the first level. 

Investment packages 

See the investment plans and daily profitability promised by cryptonexx: 

• R$ 50 - with daily gain of R $ 2  
• R $ 100 - with daily earnings of R $ 4 
• R $ 500 - with daily earnings of R $ 20 
• R $ 1250 - with daily earnings of R $ 50 

They promised 4% valuation per day and return on investment within 40 days. It would be a 160% increase in capital. People could also earn points for referrals, the so-called multilevel marketing that would yield up to 10% of the capital of your referral plus points. 

The career plan points of the cryptonexx would generate prizes. For example, nthe start plan, the first career plan, would need 5.000 points to win a cell phone.

Then the better plans required about 2 million points and offered an attractive reward, a mansion. That's right a mansion. 

Accumulating 1 million points, the promise was a BMW. And with 500 thousand points it would be possible to win a Toyota Corolla. Those were Incentives for investors to attract more customers.  

Fraud  

The company promised to monetize investors' money, but first they would need to buy bitcoin (BTC). The balance was transferred to cryptonexx in BTC. Note: Company also accepted payments for Urpay. 

Once the BTC was sent to Cryptocurrency, investment plans were activated on the website. The person could view the income all day and request a withdrawal when the amount reached R $ 50,00. Withdrawals only took place on Wednesday. There was an operating fee of 5% on that amount drawn.  

But over time the company stopped paying its investors. THE cryptonexx it was running for a short time. He even recruited customers before the official launch. We don't know if it was a strategy to capture the largest number of customers before the pyramid was discovered.

cryptonexx closed 

A cryptonexx closed without notifying any of your customers. Many customers threatened the owner of the cryptonexx of death. Angry investors were looking for information at the company's headquarters in Ceará, which is currently empty. 

It is common to think that the company is not a fraud because it has a headquarters, this is one of the arguments used to refute the financial pyramid when it was introduced to people.

The company said it promised accelerated gains in up to 40 days, but accelerated from its operations. About 3 weeks after raising money from investment plans.

The owners are currently missing, Diogo Lima and Iago Yarlisson Evangelista. A channel about cryptocurrencies, Bitcoin Brazil, stated that there are angry investors in the cryptonexx hunting the owners.

If you are one of the victims of this company we advise you not to make threats, always take legal action. Make a police report to protect your rights by law. 

Iago Iarlisson involved in the scheme of cryptonexx he is on the run, but an image circulates on social media with the following words: “you are looking for dead or alive! President of cryptonexx scammer ”. 

Is it safe? 

The company is not safe, it already showed signs of a financial pyramid early on. Perhaps that is why the company lasted 3 weeks.

There is not much content available on the company, she ndidn’t have time to work with promoters. We found only a PDF presentation of a website that talked about the cryptonexx, this is the only track we got from the company on the internet.  

Escaped from customers 

We know that the sooner people enter the pyramid, the greater the likelihood from them receive the money, so even with the pyramid rumors many entered the offer of pre launch of cryptonexx.  

The problem is that perhaps this was a planned movement by the owners of cryptonexx. After all, they promised gains in up to 40 days, performed a pre offer and fled with customers' money before the 40-day period.  

Conclusion 

If you are one of the victims of cryptonexx go to court to try to get your capital back. We advise you not to fall into false promises linked to cryptocurrencies, be wary of anyone promising that you will manage your capital for a fixed daily return. 

Also choose to do bitcoin transactions on internationally recognized platforms.