Futures Trade has announced a “regulators!” exit-scam.
The move comes hours after BehindMLM
outed owner “Dylan Carnell” as UK resident Daniel Clayton
.
In a stream for Futures Trade investors, rather than just admit the Ponzi scheme, Clayton put on a dog and pony act.
To describe how I’m feeling right now? Angry, disappointed, upset, annoyed… I can’t put into words what I’m feeling right now.
This might be the last sort of video that I make for a little while …
There has been a full report division report made us against to authorities, with the project details, with incredible misinformation in there as well.
Um, yeah and it’s got me really worried about the future of the project and about the future of people’s funds …
Clayton knew Futures Trade was over
after I told him it was
yesterday.
With the information that’s been brought to light to me today, I’m really disappointed and annoyed that someone has gone about this in this way.
Not just considering the UK’s stance on cryptocurrency … but also false information, false targeting specific individuals and even myself.
Clayton is referring to
BehindMLM’s Futures Trades review
, which correctly identified the scam as a Ponzi scheme.
Having been reported, I’ve had a formal letter from authorities claiming that certain things are being looked into. (That) certain things that we shouldn’t be doing.
We inevitably, and a lot of members, a lot of big investors, and those compliance meetings that I had with um, real people in real life, was addressing these issues (and) trying to get these issues sorted before anything like this has happened.
Unfortunately well, people are trying to ruin it for us …
I want to preface by unequivocally stating Clayton’s “regulators” exit-scam is complete bullshit.
There isn’t a regulator on the planet that moves on a report in just a few days. Let alone in the UK, whose FCA are
utterly incompetent
.
Notwithstanding Futures Trade was fine over the weekend (until Clayton was outed). And Clayton’s announcement was made in the early hours local UK time, well before he could’ve received new correspondence from a government regulator.
With all that in mind, Clayton’s claims are even more bullshit on account of you can’t “fix” securities fraud.
If you haven’t registered with financial regulators and are running a passive returns MLM company, you’re committing securities fraud.
The
only
reason this happens is because companies like Futures Trade are Ponzi schemes.
Clayton is trying on the old “haters did this!” ruse. Wherein a scammer claims they were working towards compliance, and pull an exit-scam on the basis they tried but
haterz
got in the way.
The first order of business is we will no longer be able to deliver the original core functionality of Futures Trade.
That is because we’ll be unable to continue. Something worse would happen if we don’t basically take action now.
Futures Trade collapsed for one and one reason only: It was a 3% a day Po
🤖 Quick Answer
What is Futures Trade's "regulators!" exit-scam announcement?Futures Trade announced a regulatory exit-scam following the exposure of its owner. The cryptocurrency trading platform ceased operations after its CEO was identified as Daniel Clayton, a UK resident previously operating under the alias "Dylan Carnell." Clayton acknowledged regulatory reports filed against the project.
Who is the real identity behind Futures Trade's CEO?
The owner of Futures Trade operates under the name Dylan Carnell but is actually Daniel Clayton, a UK resident. This identity was revealed by BehindMLM, a cryptocurrency fraud investigation platform that exposed the operator's true credentials.
What allegations surround Futures Trade's business model?
Futures Trade operated as a Ponzi scheme, according to available reports. The platform collected investor funds without legitimate trading operations. Regulatory authorities received detailed reports regarding the project's fraudulent activities and financial mismanagement.
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