ZetBull is a crypto investment scheme that offers various investment plans promising up to 6,500% (!!!) returns. That sounds like a bad joke for particularly greedy or stupid investors, right? ZetBull is massively marketing its Crypto Investment plans via Telegram and social media. The operator is ZetBull Limited, a UK-registered company founded by Richard Walton in December 2020 with a purported fully paid-up share capital of GBP one million. The FCA has issued a warning against ZetBull.
Key Data
| Trading name | ZetBull |
| Domains | www.zetbull.com www.zetbull.biz |
| Social media | Facebook, Twitter |
| Instant messenger | Telegram |
| Legal entity | Zetbull Limited (UK) |
| Jurisdiction | United Kingdom |
| Related individual | Richard Walton |
| Contact data | +44 20 38073146 +44 734 2869740 |
| Warnings | FCA |
Short Narrative
ZetBull is a crypto Ponzi scheme that only works as long as new deposits are constantly made by future victims. Constantly rising crypto prices as we saw in 2021 give crypto Ponzi schemes a good tailwind. In a depressed price environment like we have seen since December 2021, they then collapse.
The operators of ZetBull have not been active on Telegram, Facebook, or Twitter for several months. We assume that the Ponzi scheme will be gone soon.
Share Information
If you have any information about ZetBull, its operators, and facilitators, please let us know through our whistleblower system, Whistle42.
