Linus Description
Earn interest the same way as a savings account but get 64x more. You can deposit using your bank account, or your debit card, and you will earn interest immediately. Our team is available to assist you 7 days a semaine. Chat with us, or give us a phone call. Linus connects your funds with borrowers in digital asset-credit markets where the demand for your cash exceeds that of your bank. Linus makes it easy. All you need is your email address and password. You can go from zero to earning in just minutes. We are a startup that is agile, lightweight, and unabated in our commitment to our customers. Linus partners with prime brokers and institutional borrowers to offer the best risk adjusted rate in the market. To date, no customer has experienced any loss of funds. Linus helps you reach borrowers on digital asset credit markets that can be difficult to reach. Some yields are easy to reach, while others are more difficult.
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Linus Coin - Linus Blockchain Foundation is Scanning Edited: Jul 07 2024
Summary: Engaging with Linus Blockchain Foundation is highly risky and not recommended. The promises of guaranteed high returns are unrealistic, and the potential for being unable to withdraw your funds is significant. It is crucial to conduct thorough research, consult financial advisors, and rely on credible sources before making any investment decisions. The likelihood of losing your money is high, and the company's strategy appears to be designed to trap investors after initial trust-building phases. Proceed with extreme caution.
Positive: * The group appears to be engaged in hiding taxes and moving money from Dubai to the USA.
My Experience:
* I have suffered a total loss of the funds I invested in the Linus platform.
* The manipulative practices and inconsistent information provided by the group members have led me to believe that this was a coordinated scam.
* The group appears to be engaged in hiding taxes and moving money from Dubai to the USA.Negative: High Profit Promises**:
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The company promises incredibly high returns, ranging from 120% to 200%. While they might initially deliver on these returns, the strategy is to gain your trust and then restrict access to larger funds, making it impossible to withdraw substantial amounts.
2. **Limited Online Information**:
A search for the company reveals limited information, primarily consisting of paid articles on platforms like Yahoo Finance. These articles are often promotional rather than unbiased reports, which raises concerns about the transparency and legitimacy of the company.
3. **Withdrawal Issues**:
Initial small withdrawals might be allowed to build trust. However, users often face significant challenges when attempting to withdraw larger sums, effectively trapping their funds within the platform.
4. **Connections to Dubai**:
The company's ties with Dubai can complicate legal recourse due to differing international regulations. This connection further adds to the risk, making it difficult for investors to reclaim their funds if issues arise.
5. **Certificate Misrepresentation**:
Although the company might provide a certificate, further investigation reveals that Canada typically issues only registration documents for such entities. This misrepresentation can mislead investors into a false sense of security.
6. **Regulatory Details**:
Despite being registered with FINTRAC, the risks associated with this company are substantial. Researching scam reports and consulting financial experts is crucial to understand the potential dangers.
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