Likwel Latest Update News Today: In our last Likwel.com Review, we strongly advised people not to invest in these types of suspicious sites.
Unfortunately, our concerns have become a reality, as the Likwel.com scheme has collapsed.
In this post, we will provide you with Likwel news and offer guidance on the Likwel withdrawal update.
Likwel.com Collapse
The collapse of the Likwel Ponzi scheme has sent shockwaves through the investment community. Likwel.com, an online trading system that claimed to offer lucrative returns on investments in stocks, commodities, forex, indices, bonds, and cryptocurrencies, has been exposed as a fraudulent operation.
The Bank of Russia, the country’s central bank, issued a warning about Likwel in December 2022, classifying it as a pyramid fraud scheme.
This warning indicated that Likwel was showing signs of being a financial pyramid, a term used to describe fraudulent investment schemes that rely on new investor funds to pay returns to earlier investors.
The collapse of the Likwel Ponzi scheme was announced through the scheme’s official Telegram channel on September 9th.
Likwel claimed that it was pushed to freeze its scheme for two years due to difficulties and processes that conflicted with its growth.
This announcement was nothing more than a smokescreen to cover up the fact that Likwel had run out of new investor funds to sustain its fraudulent operations.
The majority of Likwel investors lost their investments, as is the case with most Ponzi schemes.
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How to Withdraw Money from Likwel?
Since the Likwel scheme collapsed, recovering the funds seems impossible.
Despite Likwel.com’s website being operational, people have faced considerable difficulties in trying to access their funds since September 9th.
The fact that deposits are still possible, but withdrawals have become problematic, strongly suggests that the entire scam has come apart at the seams.
If you’ve fallen victim to the Likwel or a comparable scheme and suffered financial losses, it’s advisable to contemplate submitting an official complaint to the Securities and Exchange Commission (SEC).