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USI-Tech Review (2023): Everything You Wanted To Know! The formation of crypto businesses is a relatively common phenomenon these days. Most of them advertise tempting opportunities that seem too good to be true. USI-Tech is one of them. USI Tech claims a 150% return on investment in 140 days. That is a daily investment of 1% on average.
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By Lukas I. Alpert . Horst Jicha promoted USI Tech as a high-yield investment scheme for crypto newbies, but prosecutors say it was a fraud . The telltale warning to investors in crypto-investment.
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USI Tech claimed to be a platform that could allow users to automatically trade Bitcoin, boasting of 140% returns in 140 days. "USI Tech has opened up the world of crypto finance and the.
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According to court documents, Jicha launched the USI Tech investment plan in Dubai in 2017, pitching it as a way for novice and experienced investors alike to get in on the new cryptocurrencies.
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USI-Tech, short for "United Software Intelligence," used a multilevel marketing sales strategy. Prosecutors allege that in 2017, Jicha and others aggressively promoted the company in the United States. They falsely promising 140% returns over 140 days on a 50-euro "BTC package."
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USI Tech Limited (also known as United Software Intelligence, or stylised as USI-TECH) was a Dubai-based cryptocurrency and forex platform trading provider, suspected to be a high-yield investment program and a Ponzi scheme. [1] [2] [3] Prior to going offline with its users' funds, USI-Tech moved its website from a .com top-level domain, to a .io domain, while also appearing on a number of.
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USI Tech Limited (also known as United Software Intelligence, or stylised as USI-TECH) was a Dubai-based cryptocurrency and forex platform trading provider, suspected to be a high-yield investment program and a Ponzi scheme. Prior to going offline with its users' funds, USI-Tech moved its website from a .com top-level domain, to a .io domain, while also appearing on a number of mirror domains.
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USI Tech (United Software Intelligence Technology) is a company that claimed to develop the world's first automated trading platform for Bitcoin (BTC). Starting in May 2017, USI Tech started concentrating on selling BTC packages to traders and miners who wanted to automate these activities. At first, a lot of people bought into this plan.
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USI-TECH is a technology company which specializes in the development of automated trading software in the FOREX market. In the last 8 years, more than 100 software versions with different characteristics have been developed and successfully employed in long-term tests. Our top-class development team has over 20 years of experience.
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The German founder of USI Tech, a crypto mining company and digital-asset trading platform, was charged by federal prosecutors in New York with defrauding investors of about $150 million in an illegal multilevel marketing scheme. Horst Jicha, 64, faces securities fraud, money laundering, wire fraud and other charges, authorities said Friday.
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2:12. The German founder of USI Tech, a crypto mining company and digital-asset trading platform, was charged by federal prosecutors in New York with defrauding investors of about $150 million in.
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Sep.12, 2018 in USI-Tech. Rather than just admit USI-Tech was a Ponzi scheme that collapsed, owners Joao Severino, Horst Jicha and Ralf Gold continue to string investors along. In their latest communication, USI-Tech now blame non-payment on the state of the cryptocurrency mining industry. Citing unspecified "amendments in the crypto.
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Eyeline, just like USI Tech, claims to make profits by both trading and mining Bitcoin. It also offered lofty returns on investments -- as high as 0.66 percent a day, which would turn a $1,000.
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As alleged in the indictment, USI Tech was an online platform that began in Europe and purported to make cryptocurrency investments easy and accessible to the average retail investor. In reality, it was a multilevel marketing scheme that relied on investors recruiting other investors below them to buy various purported cryptocurrency investments.