NKTSBFR had already informed law enforcement officials on violations by B2B jewelery
The National Securities and Stock Market Commission has warned Ukrainians against investing in potentially fraudulent B2B jewelery projects.
“The project offers citizens to buy jewelry and gift certificates, which earn ultrahag interest on the profits of the investment. At the same time, there is no description on the gift certificate of the person who issued it. B2B Jewelery is not in itself the name of a specific legal entity, so there are no clearly defined responsible persons for obligations on money attracted from citizens of Ukraine. In addition, almost all transactions in B2B jewelery stores are done in cash, which does not allow establishing relationships with the real beneficiaries of the project.
The NSCMF also sees gross violations of the requirements of the current law of Ukraine in the actions of B2B jewelry projects. B2B jewelery gift certificates contain indications of bond – debt securities, as they certify that they are deposited by the first owners of the fund, they are the holders of such certificates in the person of B2B jewelery and its issuer. Determine the loan relationship between.
The issuer of B2B jewelery should apply to the National Securities and Stock Markets to file a bond issue before selling such securities to investors, but has not yet done so. The National Commission for Securities Markets has already informed law enforcement agencies about violations of the law from the B2B jewelery project and its social hazards.
Summary PAYSPACE magazine
Recall that after the introduction of quarantine restrictions, according to information from publicly available sources, the B2B jewelery project stopped paying for realized gift certificates and began offering to invest in digital assets Given – “B2B tokens”, which according to the National Securities Markets Commission, pose the same risk of loss to the investor. And dubious project gift certificates.
On the B2B jewelery website, payment delays are explained by the fact that the project does not use the services of banks, and third-party payment systems are facing difficulties due to Karantin.
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