PayRate42, a renowned CyberFinance rating agency, has been a trusted source for profiling over 900 financial services providers, including those in the crypto sector, by assigning compliance and risk ratings. However, their esteemed reputation is currently being misused by fraudsters on social media platforms who are falsely posing as verified or certified agents of PayRate42. A notable case involves an individual named Daniel Leahy on LinkedIn.
In its press release, PayRate42 (website) stated that it does not collaborate with agents and that no external individuals are authorized to act on our behalf or offer reviews or ratings. All our ratings and reviews are the result of meticulous research and crowdsourced feedback from customers and partners of the financial services providers we profile. These imposters have no affiliation with PayRate42.
We urge the FinTelegram community to remain vigilant and report any interactions with individuals claiming to be agents of PayRate42. If you possess any information regarding such alleged agents, please contact us immediately via email at [email protected] or through our whistleblower system, Whistle42.
In recent years, FinTelegram has repeatedly had to deal with people and websites claiming to be connected to FinTelegram or trying to malign us with defamatory messages. This is just part of the business of a financial intelligence provider or a cyber finance rating agency.
Do not fall victim to these fraudsters. Protect yourself by verifying the authenticity of any claims directly with us. Stay safe and informed.
