11.8 C
New York
Monday, March 23, 2026
spot_img

Tag: Cratos

Financial Cybercrime Report: Crypto Payment Facilitator Cratos And Its Bulgarian and Israeli Connections!

Illegal Payment Services tamir -
Following FinTelegram’s recent investigations into Cratos (Cratos.net) and its role in laundering funds for cybercriminals, new whistleblower information has revealed a deeper connection—Cratos appears to be a white label solution of Bulgarian payment processor SKYPAYGATE a/k/a SkyGate operated by Bulgarian-registered Sky Mechanics.

Financial Intelligence Warning: Crypto Exchange Cratos (Cratos.net)

Illegal Payment Services tamir -
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.

Cybercrime Report: Canadian Crypto Exchange Cratos Facilitates Georgian Cybercrime Operation!

Money Laundering tamir -
Recent findings by the OCCRP have revealed that Blue Whale Tech Inc.—operating under the brand Cratos (Cratos.net)—has played a pivotal role as a crypto payment processor and money laundering facilitator for a Georgian cybercrime organization linked to the A.K. Group. This report outlines the illicit financial activities conducted through Cratos and calls for further insider information

R4I – Estonian Crypto Payment Processor Bitxtech

Crypto Payments tamir -
BitxTech is a crypto payment processor and exchange operated by CryptoFactury OÜ, registered and licensed in Estonia. Israeli Or Bar, born in September 1987, is registered as the director. BitxTech has increasingly come to the attention of broker scams in recent months as a supporting payment processor. It is also interesting to note that BitxTech and XchangePro use the same application and identical onboarding processes. They appear to be clones or white label solutions.

Investor Warning – FairBit broker scam and Estonian crypto payment processors

Compliance Ben -
The UK regulator FCA issued an investor warning against the Forex broker Scam FairBit (www.fairbit.com) on August 4, 2020. The scam is officially operated by Gama Solutions Ltd., registered in St. Vincent and the Grenadines. The scam lures with a super great Fair-Bit Trade engine that would generate large profits for the investors (victims). Besides the usual credit and debit cards, crypto payments are possible, which are processed via the Estonian crypto-payment processor Bitxtech.

FinTelegram is a cyberfinance intelligence and compliance platform investigating financial crime, regulatory violations, and the rails, entities, and ecosystems that facilitate them. Combining investigative journalism, whistleblower intelligence, and forensic compliance analysis, we map risk across payments, banking, crypto, and offshore structures to support transparency, accountability, and informed action.

Contact us: [email protected]

Disclaimer: FinTelegram is an independent intelligence and compliance platform and does not provide investment, legal, or financial advice. Content published on this website, including references and links to third-party sources, is provided for informational, contextual, and educational purposes only and does not constitute a recommendation, endorsement, or solicitation. Readers must make their own independent assessment and obtain professional advice where appropriate. Past events and referenced materials are not a track record and should not be relied upon as an indicator of future results.

© Copyright - FinTelegram News powered by Cyber Intelligence Services LLC