CryptoCurrency Arbitrage (Arbitrage Machine is a Scam)

CryptoCurrency Arbitrage (Arbitrage Machine is a Scam)

If you want to setup the Arbitrage Machine, and you understand the risks involved:

After getting a lot of messages, reading comments, and further researching previous scams, I’m all but convinced this is a scam. I’ve removed the referral links and I don’t recommend further investment. Here’s a few links to review, I’ll do a video when I can:

I think the guys behind may also be behind the Arbitrage Machine, or they’re using the same programmer to setup the Arbitrage Machine.

There’s a slim chance these guys are legitimate, and they make it look plausible with a script that posts arbitrage opportunities to a telegram channel here:

However, until I see a match up of these opportunities with actual limit orders placed on the exchanges referenced, I will continue to warn users away.

It’s entirely possible they registered their website anonymously, submitted false registration papers to the UK, just like, use (at a cost of .5%) to anonymize their wallets, and telegram to encrypt their communications.

They can simply pull the plug at any moment and walk away with everyone’s crypto. I warned this was a strong possibility, but now I think it’s very likely to happen anytime in the next 12 months. Those of you that invested as I did – Get your seed out ASAP.

Update: I’ve found their registration in the UK here:

The listed address, a barbers shop:

Apparently the address was removed on January 3rd after the Barber shop claimed it was used without their consent. The document is added to the last page of the pdf you can find on the companies house website. This may be the address of the person listed, a Julius Gilmore, whom supposedly lives here:

10 linzee rd, hornsey london, united kingdom, N8 7RE

Reference Articles:

How to Arbitrage the Forex Market – Four Real Examples

Arbitrage Alerts

The Case For Never-Ending Cryptocurrency Arbitrage Spreads

I’ve developed my own XRP trading bot. AMA

Best Cryptocurrency Trading Arbitrage Bots for 2019:

Arbitrage Machine

Other Arbitrage Options people have suggested in the comments:
(I don’t know anything about these, do your own research!)

The information provided is for informational purposes only. It should not be considered legal or financial advice. You should consult with an attorney or other professional to determine what may be best for your individual needs.
No one should make any investment decision without first consulting his or her own financial advisor and conducting his or her own research and due diligence. To the maximum extent permitted by law, this channel disclaims any and all liability in the event any information, commentary, analysis, opinions, advice and/or recommendations prove to be inaccurate, incomplete or unreliable, or result in any investment or other losses.
Content contained on or made available through the website is not intended to and does not constitute legal advice or investment advice and no attorney-client relationship is formed. Your use of the information on the website or materials linked from the Web is at your own risk.

Related Post: