SpectroCoin VS Genesis Global Trading

SpectroCoin Reviews

1. Jolanda Bagatin    

   Working at Centohost | over 2 years ago
   SCAM

   Fraud and gross violation of the law by criminal Vytautas Karalevicius! It is possible to make a deposit but withdrawal is impossible. They currently hold 6.000,00 euros that belong to my company and they do not allow the payment of that money to my company's account. They canceled the international bank withdrawal without notifying before, and now they are “advising” me to pay them 900,00 euros on their Bankera project, in order to withdraw the money to my company account. In short, they ask me for 900,00 euros to give me my 6.000,00 euros! In my country this is called a racket, and the sentence is not less than 3 years in prison for such an act. By doing so, they have violated the laws of their country, my country, but also the international laws on financial operations, and in addition, it is not in accordance with the license on the basis of which they operate. In short, they remove the withdrawal to bank option without announcing that they would do that, leaving only withdrawal options that are illegal in most countries of the world to be used for commercial purposes (for companies) and companies that have money with them no longer have a way to transfer that money to their bank account. I suggest to all victims of spectrocoin to file a complaint at https://www.lb.lt to have their license revoked.

Genesis Global Trading Reviews

SpectroCoin mentions (1)

• Confused about weekly revenue

  Last week, SpectroCoin, SpectroCoin Exchange, SpectroCoin Loans, and Bankera generated a net transactional revenue of 27,114.84 EUR. 20% of that was distributed among BNK holders. This totalled to 5,422.97 EUR or 15.1199116722057 ETH (given the current exchange rate of 1,793.32 euros for 1 ether). Source: about 3 years ago

Genesis Global Trading mentions (11)

• No Ethereum rewards for 6 weeks on Grow staking

  "Gemini is partnering with accredited third party borrowers including Genesis, who are vetted through a risk management framework which reviews our partners’ collateralization management process. On a periodic basis we will conduct an analysis of our partners’ cash flow, balance sheet, and financial statements to ensure the appropriate risk ratios and healthy financial condition of our partners. Source: 10 months ago

• FTX, Wrapped GME, Solana, IronForge Cloud, and Galois Capital?

  Genesis trading is a company that helps institutional investors tap into the crypto markets. Source: over 1 year ago

• Thoughts on Genesis?

  I'm like 99% sure you're correct. https://genesistrading.com/. Source: over 1 year ago

• GUSD

  However, if your GUSD is in their Earn program, you essentially have what is called third-party risk. Essentially, Gemini has given your GUSD to Genesis. Genesis then uses those GUSD to lend to institutional investors, who are doing god knows what with the GUSD. The point of all of this is to say that if the institutional investor goes bankrupt, or if Genesis goes bankrupt, then you may not be able to get back... Source: almost 2 years ago

• Exactly how safe is Gemini Earn?

  They partner with Genesis capital https://genesistrading.com/. I listened to an interview with Genesis about the Earn program and they have a slush fund to cover any defaults. Basically you are fine unless Genesis themselves go under which is unlikely. Source: about 2 years ago