BitcoLoan Exit Scam Playing out.

Welcome to my blog:BitcoLoan Exit Scam Playing out.

When a company stops paying out, you know financial difficulties have surfaced

In the past weeks there has been a SURGE if negative 1 star reviews on Trust Pilot about BitcoLoan. Think company has stopped paying. Here is one such review.

Don’t invest your money before they successfully open the Withdraw feature In their Platform.
I request Withdraw since July 18 2021 still Pending Now!
I contacted also the team , but they keep on saying ” we are working on transition CEFI to DEFI…. “First they said wait for 3 to 5 days and then now told waiting for a day….

What is unusual is Bitcoloan is actually replying to the negative reviews and saying they will fix the issue.

It looks like whoever is running Bitcoloan is most likely from Southeast Asia because they typically reply with “Dear sir”.

Although, Bitcoloan is replying. They are saying contact support. Unfortunately, they turned off their support…

Seems like yet another a ponzi scheme because they were promising up to 0.9% ROI, and could not deliver. Big surprise.

Remember it is always easy to invest, but tough to get money out.

Among the other thing that I noticed when I did that review is they were faking their positive reviews on Trust Pilot by giving their members incentives. You have to invest to borrow. Makes no sense!

Like all ponzi scams, most lose out and appears like another biz exit scammed their investors. Big promises on a return with no proof of external revenue.

Going forward, you should KEEP your eyes open for that…

Therefore, if they can’t provide you evidence of external revenue funding the ROI’s and registrations with financial regulators to offer securities in the countries they operate in, watch out. If its unregulated RUN!!!!!!
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