Finixio Ltd aka FXTimes and Cryptovibes

Finixio have yet another fake reviews site using a few facts in a page for gaining SERP ranking and then pages of lies to defraud the people browsing to their site. This particular Finixio fake review sites is called FXTimes (there is also a dodgy ForEx signals company in Canada names FXTimes.ca but they do not appear to be related) or CryptoVibes. This site was allegedly started in 2017 as Cryptovibes but has already changed its name to FXTimes which is presumably the site being built at FXTimes.com which shares the same style, but has yet to be populated with any images or data.

Here is some of the text from their about page explaining who they are:

Established in July 2017, FXTimes (formerly known as CryptoVibes.com) provides all the vital and crucial information related to blockchain, Forex industry news and distributed ledger technology every day. FXTimes is based in London, UK. We are a team of financial journalists, traders and crypto enthusiastic that have years of experience working in the financial industry.

Our Mission Statement

“To drive transparency in the financial industry.”

The finance industry has gone through a new wave of regulation and disruption since 2017. This includes Blockchain/Cryptocurrencies, as well as new CySEC and MiFiD regulations for retail traders and the disruption of challenger banks.

Our goal is expose the latest changes in the industry, expose how brokers are reacting to new regulations, and open up information for traders, investors and employees not necessarily working directly in the industry.

So, bearing this in mind, let's have a look at how these people do business.

First of all, who are they?

Well according to their website, they are made up of the following staff members:

Nelson Campelo: Senior Editor for FXTimes. Nelson oversees the day to date running of the website, publication of our articles and also covers the latest Forex B2B news. Nelson reviews all news content going live on the site and manages the content team. nelson@fxtimes.com 

Azeez Mustapha: Azeez is a technical analyst, has many years of trading experience in the stock exchange and the crypto markets. He has broad experience in Forex trading, coaching, and funds management. Aside from trading, Azeez’s interests are literature, good music and keeping in shape. Azeez@fxtimes.com 

Viraj Shah: Viraj has been writing for FXTimes covering Cryptocurrencies and Forex news for 2 years now. Also known as ‘Sherlock’, Viraj comments on the latest businesses emerging in the blockchain industry. His areas of expertise are Bitcoin and Blockchain. He enjoys covering new start-ups and busting myths across the industry. Sherlock@fxtimes.com 

Ali Raza: A freelance journalist, with experience in web journalism and marketing. Ali holds a master degree in finance and enjoys writing about cryptocurrencies and fintech. Ali’s work has been published on a number of cryptocurrency publications including InsideBitcoins.com. Ali@fxtimes.com 

John Wanguba: John is a content crafter passionate about putting everything into writing. He is passionate about Blockchain and Traveling. He is also an experienced creative and technical writer. Everything and everyone has a story to tell. What better way to capture the real story than in words. John@fxtimes.com

And they are situated at:

FXTimes
Finixio Ltd
Email: hello@FXTimes.com
Address: Finixio Ltd Flat 7, 2 Ferdinand Place, London, NW18EE, United Kingdom
Tel: +4407795067269

Which is here:

OK so we can see who they are and where we can find them. All of this is a good sign, especially as it has been recorded previously on this site, that Finixio seem to have a questionable record when it comes to transparency and truth. Their address and phone number do seem to vary. Finixio, according to their site InsideBitcoins and tradingplatforms.com there are at St Magnus House, 3 Lower Thames St, London EC3R 6HE but then according to forexschoolonline.com they are at Finixio Ltd, 2 Ferdinand Place, London, NW1 8EE business@finixio.com 

So they do seem to have two bases, whether one is just a registration address and the other an actual address we do not yet know.

Finixio do now have an official website at finixio.com that claim that they are a brand comparison website, but that could really do with an accuracy check as we believe them to be a fake brand creation network as much as anything else. 

Here are a few examples of us searching for their actual company details online:

So as you can see it is unlikely to be a coincidence as they are connected with scamming sites over and over and over again. 

Here are a few of their 'brands' on-line:

  • insidebitcoins.com
  • cryptovibes.com
  • fxtimes.com
  • forexschoolonline.com
  • tradingplatforms.com

Now every one of the above sites is based upon advising people regarding online financial investments so let's take a look at some of the disclaimers these sites display at the bottom of their pages in their quest to bring us all financial freedom.

Firstly, insidebitcoins.com:

Note that the content on this site should not be considered investment advice. Investing is speculative. When investing your capital is at risk. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted.

Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence.

This website is free for you to use but we may receive commission from the companies we feature on this site.

OK so insidebitcoins.com does not really seem to follow the Finixio mission statement:

Our Mission Statement

“To drive transparency in the financial industry.”

There is not really any transparency when you have small print at the bottom of the page explaining that none of this is advice, just an affiliate fee collection scheme.

Let's try another site: CryptoVibes.com

Please be aware that some of the links on this site may direct you to the websites of third parties, some of whom are marketing affiliates and/or business partners of this site and/or its owners, operators and affiliates. Notwithstanding any such relationship, no responsibility is accepted for the conduct of any third party nor the content or functionality of their websites or applications.

So not only do they take commission from partners and only tell you in the small print, so you think they are producing proper reviews, they take no responsibility whatsoever for mentioning these partners because they have never performed any due diligence or checks on their partners, even though that is exactly what their reviews pretend to do.

Amazing!

We can also see that both of these sites link directly (no affiliate codes whatsoever) to the official sites of the biggest boiler room scams online:

 

So it really doesn't look that good for Finixio. The scam they run consists of various different elements. Number one is that they are employing writers to write articles, and whether these authors understand that their articles are being used to defraud people we do not know. They also use news feed services to copy an and republish articles from elsewhere. They even name the authors that write articles when being republished from elsewhere (if the names are real) so as to associate these unwitting authors with scamming people. The sites they are creating with which to trick people, are the most degrading boiler rooms scams there are. It is important to note that they do link directly, not through any intermediates or affiliate codes:

Which strongly suggests to us, that Finixio Ltd must be directly linked in some way to the creation and operation of Bitcoin Era, Bitcoin Rush and Bitcoin Circuit, three of the biggest scam sites we've encountered in the UK. They are not fussy either, they do not just deal with their own scams to send you to boiler room brokers, they also forward you to their other sites, such as economywatch.com and insidebitcoins.com and other scams altogether such as Quantum AI, for which they use the link to their other scammer server which economywatch.com links to, https://mars.satellitestem.xyz/l/{"landerName":"mp_quantumai_v3". Ironically enough they state that Elon Musk is being associated with Quantum AI because of his celebrity profile:

 

Has Quantum AI Bitcoin Robot Been Featured on the Media or Endorsed by a Celebrity?

The popularity of trading software has sparked all kinds of journalistic coverage, including celebrity gossip, as a result. There have been numerous rumors linking this bitcoin robot to celebrities, ranging from sponsorships to personal success tales.

Quantum AI Elon Musk 

Elon Musk is one of the most prominent individuals with an interest in cryptocurrencies and blockchain technology. It should come as no surprise that he is discussed in the same breath as prominent cryptocurrency brands. Despite this, there is no evidence that he has made a financial investment in the Quantum AI app.

And yet the video that plays in their Vimeo account (https://vimeo.com/user146271568 where they appear to have 177 different scammer videos in all sorts of languages) clearly states that this product is invented by Elon Musk. Not a very promising indicator of genuine intent. 

As you can see, since Jul 2021 they have managed to upload 177 scam videos in every language with wilful intent to defraud people all over the world, and whether this is their own account, or just one that they are given license to use, it is a clear demonstrator that these people are a criminal gang and not just a group of poor affiliates accidentally overstepping the line.

We can also see that without affiliates codes or redirects, they link straight to the sites of Immediate Edge, Cryptoengine, Bitcoin System, BitQT and Bitcoin Prime.

So this is why all of the official Bitcoin... websites advertised by Finixio are identical, because they are all built by Finixio or their partners. They do not need an affiliate code because they are either the company running the boiler room scams or they have a direct relationship with them, wherever they are.