Urgent Warning Against The Vast Billion-Dollar Crypto Ponzi Scheme REAL-TOK!

In the ever-evolving world of cryptocurrency, it’s essential to approach investments with caution and diligence. Regrettably, the crypto world is not free from dubious ventures and fraudulent activities. A concerning example of this is the upcoming REAL-TOK crypto token scheme related to real estate. Evidently, it’s a Ponzi scheme, spearheaded by individuals like Peter Kilian, Thomas Wagenhofer, and Lukas Koch-Hochmuth.

The Promise Of A Risk-Free Investment

Scheduled to launch its token sale on the P2B crypto exchange on November 1, 2023, it’s crucial to scrutinize the claims made by this project. 1.2 billion RLTO tokens are to be issued at a price of €1, with retail investors being targeted in particular. It is probably one of the largest crypto scheme ever, not far behind the notorious Bulgarian OneCoin.

Promoters of REAL-TOK have been aggressively marketing their tokens, making grand promises about revolutionizing the real estate sector. The website promises investors a tenfold increase of the invested capital within one year. If not, a buyback guarantee at the issue price is also given. Despite their lofty claims, inconsistencies abound. Their documentation fluctuates between dollar and euros, further raising concerns about the project’s legitimacy.

Furthermore, the sale of these tokens is conspicuously targeting retail investors, offering assurances of risk-free investments and guaranteed buybacks. Such guarantees in the volatile world of crypto are unrealistic at best and deceptive at worst.

No Regulatory Permission

In addition, the regulatory framework—or lack thereof—surrounding REAL-TOK is deeply troubling. The issuer, REAL-TOK LLC, is based in Tbilisi, Georgia, and has not secured the requisite permissions to offer its tokens to retail investors in multiple jurisdictions. Without an approved prospectus and in potential violation of EU capital markets laws, investing in such a project poses significant risks.

Adding to the concerns, the crypto exchange P2B, the platform for REAL-TOK‘s token sale, lacks the necessary regulatory permissions. Alarmingly, there seems to be no Know Your Customer (KYC) checks in place, a standard practice in legitimate crypto exchanges.

Several high-profile names, including the former Austrian chanceller Sebastian Kurz, are rumored to be associated with this scheme. However, without concrete evidence, it’s vital to be wary of such claims, which may be employed to lure investors.

The Monastery And Its Collateral

According to the website and whitepaper, the issued RLTO tokens are secured by properties belonging to the Austrian Chorherrnstift Klosterneuburg, a very rich Catholic monestary. However, the supposed collateral backing the tokens is actually another red flag. The real estate assets claimed as security for the tokens are not clearly documented or registered. The project’s whitepaper asserts that their real estate portfolio’s worth is €160 million, a figure that doesn’t align with their ambitious token issue value of €1.2 billion.

In conclusion, while the promise of quick, risk-free wealth is enticing, the REAL-TOK project exhibits all the hallmarks of a Ponzi scheme. Investors are strongly advised to exercise caution and conduct thorough research before engaging with this or similar projects. The old adage holds true: if it sounds too good to be true, it probably is.

REAL-TOK Key Data

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If you have any information about the REAL-TOK project, its operators and facilitators, please let us know via our whistleblower system Whistle42.