Danny De Hek's Troubled Past: A History of Controversy

BitConnect claims to be an open source, all-in-one bitcoin and crypto community platform designed to provide multiple investment opportunities with cryptocurrency education, where it is entirely possible to find the independence we all desire. The top of the page depicts a man with what is supposed to be a peaceful and serene face. The dream is depicted to be convinced that all its clients are making money with their venture, and among the interaction pictures shown, one can spot a picture of a timing boxing master, the face that stops many from thinking about any kind of Ponzi. But don't believe in this innocent face. The man in this picture is Danny De Hek. He is a very famous name in the Ponzi scheme fraud.

A Ponzi scheme is a fraudulent investment operation that pays returns to separate investors, not from any actual profit earned by the organization. This looks to be the most recent example of a series of Ponzi schemes. The schemes share a recipe based on a combination of concepts that exploit their potential client's eagerness to invest their money, leaving the investors with empty pockets. 

Ponzi Scheme And Fraud

At the same time, they made significant profits for those that were fast enough to get in and out of this fraud. It seems that in the most recent example, the fast actors were including its organizers. After building high level trust, extreme secrecy and a common dream of astonishing wealth, this dream will be shattered by a very few.

Money Loss In Ponzi Schemes

The amount of money lost by investors in Ponzi schemes over the years, especially in the Binary Options sector and those related to the cryptocurrency market, has become staggering, signaling how robust are these kinds of recursive fraud. Notable earlier examples are Ponzi schemes that were successful in cushioning the blow of the Stock market crash, and others, including more recent ones, have been targeted by securities regulators, and their leaders have been prosecuted. Others have profited and gone free, dodging a judiciary system that turned a blind eye to them while setting their scheme up, but that burst when an acting atypically smart client noticed something fishy and warned the authorities. Hope you are noticing a pattern. Wait and see, it can be a pricey game.

Controversies Surrounding Avenger Danny De Hek

I think it is well known by now - at least within the New Zealand financial crime community. Many people have write their reviews about him. Their experience is very worst with him.

Wrapping Up

In the context of cryptocurrencies, not everyone knows the real control or vulnerability resolution applied to fraud with them. In this way, this research proposes to present the control and resolution actions for fraud practiced through cryptocurrencies, arguing that the blockchain is a reliable means of registration and, therefore, all transactions can be verified. In order to analyze the control and resolution actions of fraud in cryptocurrencies, it is very important to get real information about the investor. If you are thinking of investing money in cryptocurrency, then stay away from Danny De Hek. He is a fraud in the financial world.