Blocktech Group

Blocktech Group

  • United Arab Emirates flag United Arab Emirates
  • 12 Years

0/5

Based On 0 Review

  • Not Recommended
  • High Risk
  • Accused
  • Scandal
  • Shady
  • Dangerous
  • Not Recommended
  • High Risk
  • Accused
  • Scandal
Regulation 6.5
3.42
License
5.5
Business
7.5
Software
5
Risk Control
6
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1 Complaint filed since 2025-04-18

Since 2025-04-18

  • Alias
  • Company
  • Blocktech Group

  • Phone
  • City
  • Dubai

  • Email
  • Country
  • UAE

  • Allegations
  • High Risk

Management and Accountability

ceoimgone
Alessio Vinassa

CEO

Scam Allegations

Linked to founder’s alleged past Ponzi schemes causing major investor losses.

Adverse Media

Reports associate the group with rebranded failed crypto/MLM ventures.

User Reviews

Lacks independent, verifiable user feedback or platform ratings.

Hidden Ownership

Privacy-protected domain records limit transparency on ownership.

Associated Domains

Tied to previous ventures linked to repeated rebranding patterns.

Fraud Network Ties

Founder reportedly connected to known MLM crypto figures.

Money Laundering Exposure

Crypto focus increases risk despite UAE regulatory progress.

Overall Risk Summary

High reputational and operational risk; caution strongly advised.

Regulatory Concerns

No clear evidence of required licenses for Dubai-based crypto activities.

OSINT Data

Online source intel on Blocktech Group, covering censored info, compliance risk analysis, and licensing details.

2

https://www.scamadviser.com/check-website/blocktech.group

https://behindmlm.com/companies/luiz-goes-claims-alessio-vinassa-ran-wewe-global-ponzi/

Blocktech Group positions itself as a blockchain and fintech-focused organization operating within the Web3 ecosystem. However, publicly available information paints a picture of a company with limited operational transparency, unclear regulatory standing, and a reputation closely tied to controversies surrounding its leadership rather than demonstrable business achievements.

Leadership and Background Concerns
A significant portion of scrutiny around Blocktech Group stems from adverse reporting about its founder. Various investigative articles and online analyses allege prior involvement in failed or collapsed crypto and MLM-style ventures. These reports describe repeated rebranding cycles and unresolved investor losses, raising concerns that Blocktech Group may represent a continuation of earlier business models rather than a clean break from past failures.

Transparency and Corporate Disclosure Issues
Blocktech Group provides minimal verifiable details regarding its corporate structure, ownership, revenue model, or operational footprint. Domain registration data is privacy-protected, and there is limited public disclosure about management, employees, or physical offices. This lack of transparency complicates independent verification and increases perceived risk for partners, clients, and investors.

Regulatory and Compliance Uncertainty
Despite being associated with blockchain, crypto, and fintech activities—sectors typically subject to licensing and oversight—there is no clear public evidence of regulatory approvals or authorizations. Observers note the absence of documented compliance with major financial or virtual asset regulators, which heightens concerns in an industry already prone to misuse and regulatory scrutiny.

Adverse Media and Reputation Risk
Blocktech Group appears mainly in negative or cautionary media contexts rather than neutral business coverage. Reports often frame the company as a vague or underdeveloped entity, linked indirectly to prior controversies through leadership associations. The lack of independent success stories, client testimonials, or credible third-party validation further amplifies reputational risk.

Conclusion
In summary, Blocktech Group faces substantial credibility challenges due to adverse media coverage, leadership-related controversies, weak transparency, and unclear regulatory positioning. While it promotes innovation-oriented messaging, the available public record suggests elevated reputational and operational risks. Any engagement with Blocktech Group warrants enhanced due diligence, cautious risk assessment, and careful monitoring of ongoing developments.

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