Financial Intelligence Warning: Crypto Exchange Cratos (Cratos.net)

tamir
Tue, 11 Mar 2025 12:56:15 +0000
Illegal Payment Services, ticker, Whistleblower, A.K. Group, Cratos

Cratos Unmasked as a Cybercrime Payment Processor – Urgent Warning Issued!

As revealed in the OCCRP investigation “Scam Empire,” Cratos (Cratos.net), operated by Blue Whale Tech Inc., has been identified as a key crypto payment processor and money laundering conduit for a Georgian cybercrime organization linked to A.K. Group. The exchange played a critical role in processing fraudulent investment transactions, enabling large-scale financial fraud.

Cratos: A Fraudulent Special Purpose Vehicle?

Operated by Blue Whale Tech Inc., a Vancouver-based company registered as a Money Service Business (MSB) with Canada’s FinTRAC.

Unknown in the legitimate crypto industry, suggesting it was a front for criminal operations rather than a legitimate exchange.

Facilitated illicit fund transfers tied to cybercrime call centers in Georgia, handling nearly $350,000 in fraudulent transactions from at least 40 victims.

Received over £386,000 and €206,000 from victims across the UK, Spain, and Ireland, as uncovered in leaked banking records.

Cratos in Panic Mode – Preparing to Disappear?

Following FinTelegram’s publication of its findings on March 5, 2025, and an open call for whistleblower information, Cratos appears to be shutting down operations:

As of March 11, 2025, registration on Cratos.net was no longer possible.

Visitors attempting to sign up encountered error messages and system failures, indicating the platform may be dismantling its operations to avoid further exposure.

Read our Cratos Report here.

Information Wanted – Insider Cooperation Needed!

Cratos login page pretending to be Skypaygate

FinTelegram urges whistleblowers, insiders, and financial crime investigators to provide further intelligence on:
The true operators behind Cratos and Blue Whale Tech Inc.
Their partnerships, financial backers, and other connected entities
Evidence of further illicit financial flows or hidden accounts

If you have relevant information, submit it via FinTelegram’s secure channels. Your identity will remain protected.

This warning serves as a critical alert to law enforcement agencies, regulators, and financial institutions: Cratos is not a legitimate crypto exchange—it is a cybercrime payment gateway. Immediate action is required to freeze associated accounts and prevent further financial damage to unsuspecting investors.

Share Information with FinTelegram

Stay vigilant. Report suspicious transactions. Protect investors.