CryptoProgram securities fraud warning from BC, Canada
CryptoProgram has received a securities fraud warning from British Columbia, Canada.
CryptoProgram claims to have offices worldwide and it also claims to offer cryptocurrency investment packages.
We are aware that CryptoProgram accepts British Columbia (BC) residents as clients.
CryptoProgram is not registered to trade in, or advise on, securities or derivatives in BC.
This is the equivalent of a securities fraud warning in other jurisdictions.
In light of CryptoProgram committing securities fraud, BCSC goes on to
urge BC residents to exercise caution when dealing with firms that are not registered to trade or advise in BC.
CryptoProgram is an MLM crypto Ponzi scheme pitching a perpetual 25% a month ROI.
The face of CryptoProgram is US national Ed Zimbardi.
Based on website traffic estimates shortly after CrpytoProgram launched in late 2022, Zimbardi is believed to be working with unnamed accomplices operating out of Dubai.
As of February 2023, SimilarWeb ranks Canada as the fifth largest source of traffic to Crypto Program’s website (3%, up 314% month on month).
SimilarWeb’s top sources of website traffic are the US (51%), the UK (17%), UAE (6%, down 87% month on month) and Australia (5%).
Update 9th July 2023 – CryptoProgram has rebranded as Amsys.