The largest crypto project in the UAE, https://venom.network/ – planned scam. An investigation by European journalists was announced, confirmed by the conclusions of a number of reputable law firms, including from the UAE and Israel. Before publication, the materials will be sent to all global regulators of the crypto industry, the largest crypto communities and projects that could potentially be involved in illegal activities and suffer, financially or reputationally. All the declared goals of the project, and the public figures representing it, are elements of the Potemkin village, built by the swindler Alibek Issaev, who is on the international wanted list for murder and terrorism. This is not Issaev’s first attempt to enter the international level, under the auspices of regulated companies from the UAE. Several years ago, he tried to sell the YzerChat project (the only officially registered messenger in the UAE at that time, integrated with local cellular operators). That time, the deal with investors was also disrupted, and also after the exposure of the project’s affiliation with Issaev, and his fraudulent actions with the project. Mobile operators in the UAE immediately terminated partnership agreements with the project, Apple and Google removed the application from their stores, and investors who lost their prepayment were lucky enough to keep the main amounts. Apparently, the same ending awaits Venom. And big questions will remain for the UAE regulator about the quality of regulation and transparency of market participants. Below are the project companies registered in the UAE.
“ВЧК ОГПУ”
