Hedger Mining operates in the cryptocurrency Multi Level Marketing particular niche. Apart from an e-mail address, the company provides no call information.
Hedger Mining doesn’t give administration details on their web site, but their whitepaper mentions Leo Bathan as Chairman and also CEO.
Batman does not have a digital impact outside of the Hedger Mining whitepaper, which I’m flagging as very dubious.
Either Bathan does not exist or is being represented by somebody with a different name (normally a swiped photo or an actor is made use of).
The Hedger Tech site domain name (“hedger.tech”) was privately signed up on Might 18th, 2018.
Hedger Tech likewise run Hedger Mining, where affiliate investment is obtained via.
The Hedger Mining internet site domain (“hedgermining.com“) was independently registered on September 14th, 2018.
As constantly, if a NETWORK MARKETING company is not freely ahead of time regarding who is running or owns it, think long and tough regarding signing up with and/or handing over any kind of loan.
Hedger Tech has no retailable services or products, with affiliates just able to market Hedger Technology affiliate subscription itself.
Hedger Technology markets their Hedger shitcoin as an “insurance coin”.
The keynote is you transform bitcoin right into Hedger Coin (HDR) and also are thus “insured” from bitcoin volatility.
Based on the example, you exchange a 0.073120 BTC rights into HDR on June 1st.
BTC decreases throughout the month, however Hedger Technology still pays you the June 1st currency exchange rate when you trade back into BTC on June 24th.
This services the assumption Hedger Tech locks away transferred BTC and merely returns it when the moment comes.
That’s not the situation though. And even if it was, the financier still takes a loss since their BTC isn’t worth what it was on June 1st.
In summary: Hedger Technology’s “insurance coverage” claims are a load of baloney.
On top of that Hedger Technology is devoting securities fraudulence by means of their Hedger Mining financial investment plan.
Hedger Tech associates invest funds on the guarantee of very certain ROI quantities.
The firm asserts to produce exterior ROI profits by means of a recognized organisation model made use of by industry specialists in insurance and hedge funds.
Normally Hedger Tech falls short to supply evidence of any type of such business models existing.
What you’re left with is new financial investment being the only verifiable resource of revenue entering Hedger Tech.
The use of newly spent funds to pay existing associates a ROI makes Hedger Technology a Ponzi plan.
Not enduring safeties scams by way of Hedger Mining easy returns.
On their web site Hedger Tech provides no sign they have registered their Hedger Mining safety and securities offering with regulatory authorities in any kind of territory they operate in.
Cagayan Economic Area Authority (CEZA) is touted as a regulatory partner on the Hedger Technology web site.
From what I can tell CEZA is just an open market financial zone being established within the Philippines.
While CEZA has connections to the Philippine government, it is not a safety and securities regulator. Nor does CEZA have any territory beyond the marked zone itself.
The only “insurance” Hedger Technology supplies is to themselves, by way of interior control of their HDR shitcoin.
Normally Hedger Coin is pitched to affiliates as having an ever-increasing worth.
In truth Hedger Coin, which costs Hedger Technology little to nothing to generate, is utilized to control what it owes to investors on paper.
And when everything most likely to crap (spent funds are tired), Hedger Tech’s confidential owners exit-scam by either
dropping the interior worth of Hedger Coin to zero as well as doing a jogger; or
getting HDR noted on some dodgy public exchange and also doing a jogger.
Regardless spent funds are shed. All Hedger Technology’s bagholder associates will certainly need to reveal for their investments are worthless HDR.
Seeing as Hedger Tech can’t be straight about its monitoring and even where the business is run from, it shows up to have actually been built from fraudulence in mind from the ground up.
This guarantees maximum losses for the Hedger Technology’s financiers. It additionally leaves them with little to no choice for recovery on collapse.