An investment robot that promised revenue with cryptocurrencies was exposed by a Brazilian youtuber who is suing for fraud. In recent months, several websites have surfaced claiming they can make money from investors, even though they don’t even have a physical headquarters.
Investing is especially gaining momentum in a scenario where Brazilian inflation is one of the highest in history. That is, people want to maintain their purchasing power and look for alternatives to earn an income that protects their wealth.
In this way, the search for investing in the stock market, in fixed income or cryptocurrencies, has become commonplace. However, some people want to take the easy way out, without studying and believing that miracle investments exist.
“The more you investigate, the worse it gets”
In Brazil, YouTuber Rogério Betin, who has 663,000 subscribers, is committed to a noble cause: to expose fraud and fraud in the country. And his work is not small, he has been publishing schedules on the Internet since 2007.
For the past two weeks, Betin has therefore been investigating and regularly reporting a possible scam called AI date† This is an investment robot that promotes a PIX robot with cryptocurrencies and promises returns of up to BRL 300,000.
This solution claims to have been operating abroad for 8 years and recently arrived in Brazil. However, how these operations are performed is a mystery to users, as the focus is on attracting customers.
The Brazilian youtuber claims that this investment robot is dangerous, and all people who investigate it will realize that the situation is vague.
“Investment robot wants to look like it’s serious”
THE live coins tried to contact the company at the address on the CNPJ in February 2022, but to no avail. It was also not possible to talk to those responsible for the solution, which promises a large return on investment.
But Rogério Betin spoke to the American company DataRobot, to which the alleged investment robot is said to be connected. In a note, the US firm denied any relationship with the Brazilian company, saying it only has predictive analytics robots and no cryptocurrency trading.
The youtuber also recalled that Data Ai does not have a physical office and called it a “ghost company”. In his series of complaints against the coup involving the image of PIX and cryptocurrencies, Rogério has already released 4 warning videos.
He also claimed that the investment robot has already created a legion of publicists in Brazil defaming its work as a scheme whistleblower. So it is clear that the alleged investment robot is not recommended, even if it seems serious at first glance.
“It seems to me that this business has been opened in a hurry, maybe to look serious, to look like it’s not a scam, that’s what I think”.
With the recent installments of PIX robots and cryptocurrencies, it is important that those interested in investing try to study before believing in a promise, especially when there is a strong indication of certain gains, an unrealistic situation in a stock market.
Source: Live Coins
John Cameron is a journalist at The Nation View specializing in world news and current events, particularly in international politics and diplomacy. With expertise in international relations, he covers a range of topics including conflicts, politics and economic trends.