Skyway-Capital-Investment-Fraud

Skyway Capital describes itself as a platform that

“crowdfunding platform through which anyone can invest in the development of the SkyWay innovative transport.”

The platform was started by Antoly Yunitskiy and there seem to be several companies that are attached to the firm. They include Skyway Capital and Skyway Investment Group, and potentially others.

Interestingly enough, when presenting the company’s operations to governments, one of the company’s executives uses the following analogy

“Me? I just make flying choo-choo. If someone scam using company name and happen to give me money, is not my problem. Is like farmer sell potato to supermarket and potato go bad. Farmer’s problem? I think no.”

The platform recently announced its move toward Skyway tokens and CryptoUnits, and some surmise that it has to do with the company’s low cash flow. After its announcement, though, the firm needed to clarify that the two are not the same, but separate. The companies are located in jurisdictions that are cash friendly. Further, the jurisdictions seem to have little to no regulation, making operations for the companies much easier.

The former token has not yet launched, but the company has been working to gather investment in “sw shares.” The funds will supposedly be used for CryptoUnits. There is also no indication as to whether CryptoUnits has anything new to offer. It likely does not.

The company also presents a “successful” investment story relating to the token. According to the platform, four years ago an individual withdrew $26,000 from Skyway Capital and invested it, and the funds became $10.7 million in four years. There is no proof of this though, unsurprisingly.

At the end of the day, any investment opportunity should be followed with skepticism and then research into the platform. Skyway Capital Investments is no stranger to dubious practices and realizing this early on is best.

Get Free Email Updates!

*Action Required* Enter Your Email for Trending Crypto News & Market Updates

I will never give away, trade or sell your email address. You can unsubscribe at any time.

[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.

[Domain Disclosure] The crypto-community content sourced, created and published on BitcoinExchangeGuide should never be used or taken as financial investment advice. Under no circumstances does any article represent our recommendation or reflect our direct outlook. We b-e-g of you to do more independent due diligence, take full responsibility for your own decisions and understand trading cryptocurrencies is a very high-risk activity with extremely volatile market changes which can result in significant losses. Editorial Policy \\ Investment Disclaimer


Coin Market Cap Price Change 24 Hour Volume
BTC $164.97B $9,284.2842 2.32% $5B
ETH $28.69B $269.2214 1.83% $1.7B
XRP $18.52B $0.4357 2.31% $494.04M
LTC $8.49B $136.3536 0.65% $1.07B
BCH $7.43B $416.4943 0.87% $172.43M
EOS $6.33B $6.8775 1.71% $548.85M
BNB $4.99B $35.3446 2.68% $367.84M
BSV $4.01B $224.6446 1.22% $120.75M
USDT $3.54B $1.0020 0.17% $4.52B
XLM $2.41B $0.1242 0.66% $60.83M

Get 3 Free Bitcoin eBooks for Limited Time Only

Receive three exclusive user guides detailing a) What is Bitcoin b) How Cryptocurrency Works and c) Top Crypto Exchanges today plus a bonus report on Blockchain distributed ledger technology plus top news insights.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.