The CNMV ensures that the organizers do not have a financial advice license
The Observatory on sectarian drifts requests its cancellation due to the risk of indoctrination and recruitment of new acolytes
After the massive and controversial event in Badalona – where thousands of young people from Europe and America gathered in April to listen to gurus from I’M Academy, known as the sect of cryptocurrencies (digital money) – all the alarms have gone off again. ignite by another similar summons. Tomorrow afternoon, the WiZink Center in Madrid will be the scene of Metaverse Dayorganized by crypto world and sponsored as an “immersive experience & rdquor; in which they will talk about “how our habits are transforming the ecosystem of cryptocurrencies & rdquor ;. Cult experts warn of indoctrination that this type of meeting entails, from which two popular television faces have already been picked up: Jorge Fernandez and Cristina Pedrochewho were going to act as presenters.
What are cryptocurrencies
Cryptocurrencies are digital currencies represented by an encrypted code impossible to ‘hack’ that uses a complex computer technology called ‘blockchain’ to attest to the operations that are made with it. Three quarters of the population have heard of or know to some extent it is a cryptocurrency. But the degree of general knowledge is very low & rdquor ;, according to a report by the National Securities Market Commission. The profile of the investor in cryptocurrencies corresponds to that of a man with an average age of around 40 years, although with a special weight of ages between 25 and 44 years.
The National Securities Market Commission (CNMV) He has already warned that the organizers “do not have any type of license to advise on financial instruments or intermediate investment operations on financial instruments & rdquor ;. The suspicions about Mundo Crypto are of such a caliber that the regulatory body includes it in ‘grey list’, where I’M Academy is also. This presumed international online academy without physical headquarters attracts young people to take supposed training courses in cryptocurrencies. The reality is that kids end up hooked and living only to I’M Academy.
There is not only pyramid scheme (Courses on investment in cryptocurrencies cost money and each member has to recruit others to continue in the organization and have discounts) but there is a special abuse of young people. “They indoctrinate them, recruit them and get them to leave their families and their studies. The modus operandi is identical to that of the networks that recruit for jihadism. In these groups there is coercive persuasion, which in Spain, unfortunately, is not typified in the Penal Code & rdquor ;, he explains Juantxo Domínguez, president of the Spanish observatory on sectarian aberrations, RedUNE. “They are sectarian groups in the old way, but adapted to the 21st century & rdquor ;, he continues.
The president of RedUNE has demanded that tomorrow’s event in Madrid be canceled “due to social responsibility & rdquor ;, describing it as “aberrant & rdquor; that a publicly owned facility owned by the Community of Madrid hosts this type of event.
“We have been fighting crypto cults for a long time, a plague that is destroying the lives of thousands of young people and their families”
Juantxo Domínguez, president of RedUNE
“The media are inflamed and want to put limits on knowledge & rdquor;
Sevi Sheshu, head of Mundo Crypto
RedUNE, an organization that tries to guide thousands of desperate parents who see how their children end up falling into groups of psychological manipulation, has been fighting crypto-sects for a long time, “a plague that is destroying the lives of thousands of young people and their families”. In his opinion, the WiZink Center event will only serve to consolidate those who have already fallen into the clutches of a crypto cult as well as attract new acolytes.
like rock stars
The staging of this type of event has a strident ‘look’ of a music festival. The speaking gurus look like rock stars, acclaimed and cheered on by those in attendance. “They project an image and a lifestyle that conveys the pernicious idea that it is very easy to become millionaires by investing in cryptocurrencies,” continues Domínguez, who knows many kids – even minors – who have left their studies and their families to “pursue that chimera & rdquor ;.
The pressure from RedUNE and the families – in May they presented 100,000 signatures to the Ministry of Justice to request the closure of I’M Academy – caused the cancellation of an international and sectarian event on cryptocurrencies in Dubai. Now they hope to achieve the same effect on Madrid.
“The media lies to you”
The organizers have been using social networks for several days to put out the fire created and make clear their ‘innocence’. “The media lies to you” announce. Cult experts say that the first commandment of a psychological pressure group is, precisely, the iron control of information and the fact of never accept even half criticism.
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sevi shehu, responsible for Mundo Crypto, who defines himself as a “specialist in commercial strategies and with experience in educational techniques & rdquor ;, recorded a video to make it clear that the media are “enraged & rdquor; and they want to “put limits on knowledge”. After assuring that the cryptocurrency market is volatile, she stated that the speakers will talk about the advantages and risks of ‘online’ money. Shehu stated that the event will be strictly educational and that no member of the organization will advise anyone.
Another person in charge of the organization, Javier Medina, published a video in which he insisted on the “educational nature” of the meeting. “Mundo Crypto is a defender of a sensible regulation of cryptocurrencies, which are available to anyone with an internet connection. We are professional trainers so that people do not fall for scams.”