We Are All Satoshi fraud warning from QC, Canada
We Are All Satoshi has received a securities fraud warning from Quebec’s Autorite des Marches Financiers (AMF).
As per the AMF’s November 1st We Are All Satoshi warning;
We are all Satoshi (WAAS) is not registered with the Autorité des marchés financiers (AMF) and is not authorized to solicit investors in Québec.
Offering unregistered securities in violation of Quebec financial law constitutes securities fraud.
We Are All Satoshi is tied to serial fraudsters Samuel Lee and Shavez Ahmed Siddiqui (below).
Samuel Lee, aka Sam Lee and Xue Lee, is an Australian national and wanted fugitive. Siddiqui, aka Shavez Anwar and just “Shavez”, is an Indian national.
As part of efforts to continue defrauding consumers through various MLM crypto Ponzi schemes, both Lee and Siddiqui are hiding out in Dubai.
Lee’s scamming dates back to the origins of HyperTech Group, which he co-founded with accomplice-in-hiding Ryan Xu. Siddiqui has been scamming consumers since at least HyperFund.
One would think an indictment and multiple regulatory fraud warnings would be the end of Lee’s and Siddiqui’s scamming. Unfortunately however, due to inaction from Dubai’s authorities, We Are All Satoshi continues to defraud consumers.
Excellent the more warning the better.
It’s encouraging to see another warning issued by a government department — each one adds vital protection for more people and raises awareness about these scams.
Shavez Anwar runs a network of in-house scams, including WAAS, BOOMERANG, CAPITAL 3.0, 9PAY, and BTCC, and claims to have 250,000 active users.
Yet, during support meetings, only around 200 people typically attend, asking repetitive, often naive questions, and it’s always the same group of people.
Now, he’s attempting to appease BOOMERANG’s victims by offering refunds in BTCC—a token with no real value unless you can arrange a peer-to-peer sale with someone else buying in—rather than in the USDT they originally invested. The setup is clear: 65% of the $500 that people pay for supposed “arbitrage trading licenses” goes directly to affiliate marketers.
Many victims don’t even realize they’ve been scammed, while he continues launching new “products” to keep people locked in, offering discounts that still require fresh USDT investments.
It’s a ruthless exploitation of people who don’t fully understand the scheme and are lured by the false promise of a paradise that will never materialize.