Since early 2022, FinTelegram has warned against the Keler Group broker scam. Our initial review revealed that the scam asked its victims to make deposits via the crypto stablecoin USDT, which had to be purchased with credit cards via the Bulgarian AllCoinSwapper. Last week, the Austrian FMA issued a warning against Keler Group. Stay away!
Key data
| Trading name | Keler Group |
| Domain | www.kelergroup.com |
| Legal entities | Dasilion EOOD, Bulgaria Digital Markets, Switzerland |
| Jurisdiction | Switzerland Bulgaria Estonia |
| Promoted by | YuanPay fraud campaign |
| Payment facilitators | AllCoinSwapper (www.allcoinswapper.com) |
| Trustpilot | 1.6-star rating with “Poor” trust level |
| Compliance rating | Black |
| Warnings | CNMV, FMA |
The scam narrative
Keler Group presents itself as a “boutique” crypto trader. The website claims that Digital Markets operates the broker with an address in Geneva, Switzerland. Victims can make deposits only via Tether stablecoin (USDT).
Our initial review revealed potential victims were instructed to purchase USDT at the crypto exchange AllCoinSwapper website (https://crm.allcoinswapper.com). The purchase was processed through AllCoinSwapper via API.
Our new review on July 10, 2023, found that AllCoinSwapper is no longer processing the scam’s deposits. They dropped out many months ago after FinTelegram uncovered the Keler Group scam.
Share information
If you have any information about Keler Group or AllCoinSwapper, please share it with us via our whistleblower system, Whistle42.
