COTP Newsletter No. 26

Poštovani klijenti, 

Želimo vas obavestiti o trenutnom statusu slučaja vezanog za prevaru platforme COTPS. Ova platforma pojavila se na tržištu 2021. godine, predstavljajući se kao revolucionarna nova platforma koja će korisnicima omogućiti lako trgovanje raznim kriptovalutama. COTPS je obećavala visoke prinose, niske naknade i sigurno okruženje za trgovanje. Da bi privukla investitore, platforma je takođe ponudila unosan program preporuka, nagrađujući korisnike za dovodjenje novih članova. 

Međutim, od samog početka postojale su crvene zastavice koje su trebalo da izazovu zabrinutost. COTPS nije bila registrovana kod bilo kog finansijskog regulatora, a njena web stranica bila je preplavljena gramatičkim greškama i nedoslednostima. Pored toga, tvrdnje platforme da koristi napredne algoritme za trgovanje i generiše konstantan profit izgledale su previše dobro da bi bile istinite. 

Iako su upozoravajući znakovi postojali, mnogi investitori su bili privučeni obećanjem lakog novca i uložili su svoja sredstva. Međutim, u septembru 2022. godine, COTPS je počela da ima tehničke probleme, zbog kojih korisnici nisu mogli da povuku svoja sredstva. Ovo je izazvalo sumnje da platforma zapravo ne generiše nikakav profit i da koristi nove investicije za isplatu ranijih investitora, što je klasična karakteristika Poncijeve šeme. 

Ove sumnje su se potvrdile, a akcija DFPI-ja (Department of Financial Protection and Innovation) je efikasno zatvorila COTPS, ostavljajući investitore samo sa praznim obećanjima. Procena je da je prevara rezultirala gubicima od preko 333 miliona dolara, uključujući i sredstva naših klijenata. 

Šta je sledeći korak u ovom postupku? 

Važan korak u ovom slučaju je hapšenje Jesama Majkla, jednog od glavnih promotera COTPS-a, zbog navodnog pranja novca. Majkl je bio u тесној vezi sa vlasnicima i ključnim donosiocima odluka u kompaniji, što čini njegovo hapšenje značajnim pomakom u istrazi. Naš pravni tim intenzivno radi na finalizaciji krivične prijave protiv odgovornih lica, a iako prijava još uvek nije formalno podneta, prikupljanje dokaza i relevantnih informacija ide u pravcu jačanja našeg slučaja. 

Svaka nova informacija koju pružite može značajno doprineti ubrzanju procesa. Naša saradnja sa vama je ključna kako bi se što pre formalizovao postupak i postigao željeni ishod. 

Stojimo vam na raspolaganju za sva pitanja i dodatne informacije. Redovno ćemo vas obaveštavati o svim novostima i napretku u vezi sa ovim slučajem. 

Srdačan pozdrav, 

Advokat Zoran Miljaković 

Dear Clients, 

We would like to inform you about the current status of the case related to the COTPS scam platform. This platform emerged in 2021, presenting itself as a revolutionary new platform that would allow users to easily trade various cryptocurrencies. COTPS promised high returns, low fees, and a secure trading environment. To attract investors, the platform also offered a lucrative referral program, rewarding users for bringing in new members. 

However, from the very beginning, there were red flags that should have raised concerns. COTPS was not registered with any financial regulator, and its website was filled with grammatical errors and inconsistencies. Additionally, the platform’s claims of using advanced trading algorithms to generate constant profits seemed too good to be true. 

Although there were warning signs, many investors were lured by the promise of easy money and invested their funds. However, in September 2022, COTPS began experiencing technical issues, preventing users from withdrawing their funds. This raised suspicions that the platform was not actually generating any profits and was simply using new investments to pay out earlier investors, which is a classic Ponzi scheme characteristic. 

These suspicions were confirmed, and the DFPI (Department of Financial Protection and Innovation) effectively shut down COTPS, leaving investors with nothing but empty promises. It is estimated that the scam resulted in losses exceeding 333 million dollars, including funds from our clients. 

What is the next step in this process? 

A significant development in this case is the arrest of Jesam Michael, one of the main promoters of COTPS, for alleged money laundering. Michael had close ties to the owners and key decision-makers in the company, making his arrest a significant breakthrough in the investigation. Our legal team is actively working on finalizing the criminal complaint against those responsible, and although the complaint has not yet been formally filed, the gathering of evidence and relevant information is strengthening our case. 

Any new information you provide can significantly contribute to accelerating the process. Our cooperation with you is crucial to formally initiating the case and achieving the desired outcome. 

We remain at your disposal for any questions or additional information. We will continue to keep you informed of any developments and progress related to this case 

Kind regards 

Zoran Miljakovic 

Attorney at Law