Learn about the latest developments that could hint at the Berry Max scam. Get exclusive reviews that aren’t available elsewhere. To keep customers satisfied, FS Global is posting daily updates on Telegram.
The majority of buyers of Berry.im tokens come located in South Africa, Botswana, UK, Rwanda, and USA. The Chief Executive Officer of Botswana’s Non-Bank Financial Institutions Regulatory Authority (Botswana) has informed Berry.im that Berry.im does not have an authorization to sell virtual assets or offer services.
Did you know that the withdrawals of Berry.im were ended? Let’s look at Berry Max Scam.
Here are the specifics concerning Berry Max scam. Berry Max scam:
On the 12th of December, 2022, NBFIRA announced that Berry.im is not an authorized Virtual Asset Service Provider. Berry.im however has continued to attract hundreds of potential investors.
From the 13th of June in 2022 Berry.im has been registered to run for an entire year. The registration expires on June 13, 2023. Berry.im has stopped taking withdrawals one month prior to the date when the expiration date of its registration. This is a red flag! The 2nd/May/2023 date was the day that investors were not able to withdraw their money.
Up to $1,000 in withdrawals could be made within 24 hours. Berry Max Trading Platform tried to ease the fears of investors by declaring that Berry.im was undergoing an upgrade, as well as withdrawals and deposits were suspended temporarily.
In this instance investors were unsure of their investment since the matter remained unresolved even after a period of 20 days.
Prevention of havoc caused by investors:
The Berry.im team announced on May 12 2023 that they were changing their name to BERRYMAX. This could indicate to the fact that Berry Max is a scam. Their tokens will be sold under the name BRY and will also offer the possibility to purchase BERRYMAX insurance tokens. As the upgrades progressed the 23, Zoom meetings were scheduled on Telegram.
Berry.im informs customers that they will be taking rigorous measures to prevent fraud. The company also announced that it will remove accounts that are not authentic until the 23rd/May/2023. These accounts could be fake trading accounts, several accounts belonging to the same person, or accounts that have been which have not been active for a long period of period of time.
The possibility was available to activate accounts that were inactive for some time on Berry.im.
Strategies are based on Ponzi:
Alongside the deactivation of a number of fraudulent accounts, Berry.im has announced promotions and rewards for BRY tokens deposited. Following the time that Berry.im tokens were transformed into BERRYMAX tokens on the 23rd of May 2023, the company provided a 10-fold increase in valuation as well as a 30% member appreciation bonus along with fast buy alternatives and withdraws.
In light of recent developments and changes to its brand, Berry.im stated that they have a focus in stabilizing BRY tokens. The platform has offered a variety of promotions to invest in BRY over the next 90 days.
In the promotional offer, participants were told that they would get 100 USDT to unlock BRY after they staked in the promotion, and they also had the option of purchasing and selling BRY as well as a hint of . What is Berry Max Scam? For a time period of three months (90-day stake period), BRY targets were 20 percent more BRY tokens each month in trading volume, a 20 percent increase in the volume of trading that occurs 24 hours a day as well as a 50 percent growth in trading volume that is available 24 hours a day.
In the end:
There aren’t any new updates on Berry.im currently. Some regions have pages with 404 that cannot be found. It is your only method to be up-to-date. Even though Berry.im was shut down, the site still tried to gather the most investments it could by staking offers, while preventing withdrawals! Thus, BERRY MAX appears unauthentic.