Cratos Unmasked as a Cybercrime Payment Processor – Urgent Warning Issued!
As revealed in the OCCRP investigation “Scam Empire,” Cratos (Cratos.net), operated by Blue Whale Tech Inc., has been identified as a key crypto payment processor and money laundering conduit for a Georgian cybercrime organization linked to A.K. Group. The exchange played a critical role in processing fraudulent investment transactions, enabling large-scale financial fraud.
Cratos: A Fraudulent Special Purpose Vehicle?
- Operated by Blue Whale Tech Inc., a Vancouver-based company registered as a Money Service Business (MSB) with Canada’s FinTRAC.
- Unknown in the legitimate crypto industry, suggesting it was a front for criminal operations rather than a legitimate exchange.
- Facilitated illicit fund transfers tied to cybercrime call centers in Georgia, handling nearly $350,000 in fraudulent transactions from at least 40 victims.
- Received over £386,000 and €206,000 from victims across the UK, Spain, and Ireland, as uncovered in leaked banking records.
Cratos in Panic Mode – Preparing to Disappear?
Following FinTelegram’s publication of its findings on March 5, 2025, and an open call for whistleblower information, Cratos appears to be shutting down operations:
- As of March 11, 2025, registration on Cratos.net was no longer possible.
- Visitors attempting to sign up encountered error messages and system failures, indicating the platform may be dismantling its operations to avoid further exposure.
Information Wanted – Insider Cooperation Needed!
FinTelegram urges whistleblowers, insiders, and financial crime investigators to provide further intelligence on:
✔ The true operators behind Cratos and Blue Whale Tech Inc.
✔ Their partnerships, financial backers, and other connected entities
✔ Evidence of further illicit financial flows or hidden accounts
If you have relevant information, submit it via FinTelegram’s secure channels. Your identity will remain protected.
This warning serves as a critical alert to law enforcement agencies, regulators, and financial institutions: Cratos is not a legitimate crypto exchange—it is a cybercrime payment gateway. Immediate action is required to freeze associated accounts and prevent further financial damage to unsuspecting investors.
💡 Stay vigilant. Report suspicious transactions. Protect investors.
📢 FinTelegram Financial Intelligence Unit
