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Kuailian: Ponzi Scam By David Ruiz de Leon

Kuailian was a cryptocurrency scam, whose founder and executives had an arrest warrant issued against them. But they are still on the loose and planning on relaunching the scam under new branding. 

They have already scammed 65,000 individuals from Spain who reported claims against Kuailian. It is estimated that they have caused financial losses of up to 500 million euros.

The main suspects are David Ruiz de Leon and Cristian Albeiro Carmona.

Multiple attempts of fake copyright takedown have been made against publications. To take down the coverage against their arrest and proof of Kuailian’s criminal schemes.

This report has been made public as a warning against the Kuailian crypto scam and Ruiz de Leon. 

I strongly suggest you share this post with your friends and family, to save them from becoming the next victim of such hideous scams. These scams are designed to give victims a false sense of security so that they get financially involved in them. Then once the scammers have convinced enough people, they essentially run off with the deposited funds of the victims, leaving them stranded.

Cryptocurrency Ponzi schemes are arguably worse than product-based Ponzi schemes as these don’t even provide a product. All they do is use the money from newly recruited users to pay off the old ones and keep the cycle going until it is mathematically impossible. In the end, only the scammers end up with any money.

David Ruiz de Leon: Mastermind Scammer Behind Kuailian Cryptocurrency Pyramid Scam

David Ruiz de Leon is the CEO and founder of the Kuailian scam. Even though 65,000 Spain residents have filed claims against Kuailian, David, publicly stated that his company “acts in accordance with the law”.

The funny thing about the whole situation is the fact that this statement was made in April 2022, and in July 2022, the Court of Spain issued a search and arrest warrant against him for the same crimes he denied committing.

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David Ruiz de Leon was covered in teh news for his multiple open cases in teh Nation Court for the Kuailian platform.

Arrest Warrant Against The Kuailian CEO

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Spain has issued an arrest warrant against the founder of Kualian, a cryptocurrency scam. The scam targeted hundreds of thousands of people residing in Spain, and 65,000 have filed claims against Kuailian.

The judge believes that the funds deposited by the users were being used for the personal profits of the owner.

The judge issued a search and arrest warrant against David Ruiz de Leon, the founder of the Kualian cryptocurrency platform. He is deemed to be the epicenter of this alleged pyramid scam.

On the 30th of June 2022, the judge ordered the arrest and imprisonment of Cristian Albeiro Carmona and Ruiz de Leon, the two participants behind the alleged crypto scam. These individuals specialized in investing with crypto assets.

The order was issued after the legal representatives of David Ruiz de Leon postponed two hearings giving vague excuses. The judge interpreted this behavior as a “willingness to hinder the investigations of the National Court”.

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As both of them live in the city of Dubai in UAE, the judge issued an international search and arrest warrant against Cristian Albeiro Carmona and Ruiz de Leon. And ordered their extradition to Spain from UAE.

The defendants were supposed to face sentences of up to 8 yeast in prison for their cryptocurrency Ponzi scam. The scam has affected more than 65,000 Spain residents which adds up to economic damages of approximately 500 million euros.

Under teh figure of a cryptocurrency investment platform, Kuailian marketed itself to thousands of users while promising high profitable returns. For entering into the Kualian platform, users had to convert their dollars into ethers, a popular cryptocurrency of teh Ethereum network, then deposit the others into a portfolio controlled by Kuailian.

However, Kuailian users were not getting the agreed reimbursement for their assets and investments.

It was determined in the investigation that the company was stealing money from its users.

There was no business logic behind Kuailian, it was a network of Spanish and foreign companies and accounts.

The operation was described by the judge as a “pyramid investment system” with cryptocurrencies. In, the only way the user could access the system was if they were invited by someone who was already a participant in the scheme and was receiving a 10% commission on the investment it attracted.

What is a Fake DMCA?

In case you are one of the ‘beneficiaries’  listed in this report and are wondering what really happened, we suggest you look within. If it wasn’t you, or your associates, it is definitely the ‘Reputation’ or ‘SEO’ firm you had hired in the past. Perhaps it was your law firm. So, instead of blaming me for this article, you must grill your Reputation/SEO firm and look for answers. I am merely publishing the facts available on a public database and have nothing against you personally. It is more than likely that the service you hired indulged in criminal methods to deliver results for you.

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Fake Fraudulent DMCA might seem inconspicuous until it’s you at the receiving end of this crime. This is not a prank, this is not an inconvenience, and this is not random. These fake DMCA cases are calculated criminal schemes targeting very specific and rather important information/content. These hitjobs are usually against the media, in order to help their client hide important information from the public’s eye, all in the name of Reputation Management. Millions of dollars are spent doing this, and if no one wants to bring this topic to the fore, we will.

All the reports given below have been taken from the public LumenDatabase. 

Shreya Tiwari, a researcher at LumenDatabase experty displayed how fake DMCA’s work in the diagram shown below:

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“The notices I found use the “back-dated article” technique. With this technique, the wrongful notice sender (or copier) creates a copy of a ‘true original’ article and back-dates it, creating a ‘fake original’ article (an article that is a copy of the true original) that at first glance appears to have been published prior to the true original. Then, based on the claim that this back-dated article is the ‘original’, the copiers send a DMCA to the relevant Online Service Providers, alleging that the true original is the copied or ‘infringing’ article and that that the copied article is the original article — requesting the takedown of the true original article. The wrongful notice sender then removes the fake original url after sending the DMCA request, likely in order to ensure that the article does not stay online in any form. If the takedown notice is successful, this means the disappearance from the internet of information that is most likely to be legitimate speech.”

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Source:

https://www.lumendatabase.org/blog_entries/over-thirty-thousand-dmca-notices-reveal-an-organized-attempt-to-abuse-copyright-law

Fake DMCA Against Leofinance.io

4 qKiCbhjFdpdh2iT0kBYzmiOGGD1f2p5bDeh3vr5Ni UZoPokTZJ 26CziLI2xN5jVuFsVvsEszBZtDnnRMd73l3zU1nqYdYtJanVw BIiCPYXtstIbrZ4y0OrQkyE5DLBrzaJBnPfaidXYgO7NXKeWmFZrNe6a30MtZDd7809R3GsXaGRmgwIKBqFtEQ

Sender: Riley Cameron

Allegedly Infringing URL: https://leofinance.io/@tykee/kuailian-shit-investment-scam 

Allegedly Original URL: https://www.tumblr.com/newstrademarket/699620638490509312/kuailian-shit-investment-scam 

LumenDatabase Report: https://lumendatabase.org/notices/29354530 

Jurisdiction: ES

Fake DMCA Against Bitcoin.com

My1t0fEldpR2q2 F3 3ruQEm9haDhCHpT0eQcizV

Sender: Demin Wilson

Allegedly Infringing URL: https://news.bitcoin.com/cryptocurrency-related-scams-flood-tribunals-in-spain/

https://news.bitcoin.com/tag/kuailian/

Allegedly Original URL:

LumenDatabase Report: https://lumendatabase.org/notices/29374474 

Jurisdiction: ES

Fake DMCA Against Europaperss.es

nlPFJ xczQdlbaRELxG0aYbyvlPtsf XGu28AUaZwXk 1hFGzI961Y22IODjQAD2mbYZ69RxbpxPn18jM7X4opUDuUAw9z1wtLD VnaMUW7Yztve2Qbh4dfCIu 37QbNPDRL0nE Da7Az 3XJ

Sender: Tiana Vallejo

Allegedly Infringing URL: https://www.europapress.es/nacional/noticia-cuatro-detenidos-presunta-estafa-piramidal-criptomonedas-plataforma-kuailian-20220519113919.html 

Allegedly Original URL: https://world-spanishnews.blogspot.com/2022/05/cuatro-detenidos-por-la-presunta-estafa.html 

LumenDatabase Report: https://lumendatabase.org/notices/29434398 

Jurisdiction: ES

2nd Fake DMCA Against Europaperss.es

HRZOxTasGVYuygmbYnAwymZlwOurKpX3Lj8Aq3zEfBDjIh6 OGMMGUbWuj0HXYYIlTFO5o0gHMEv0Q2WXNm7HtjM fzKB5B7hrWjl0rjX0Q81M9m1c2Ec Bn rSblty2lRFBRuWcByGX36JDB93CgskVW1hAMfWWgQ9ARB sRxSH XITvfH5q4 IDwJZTw

Sender:

Allegedly Infrigning URL: https://www.europapress.es/nacional/noticia-juez-an-prorroga-seis-meses-investigacion-presunta-criptoestafa-kuailian-20220912191011.html 

Allegedly Original URL: https://www.levante-emv.com/sociedad/2022/05/20/an-imputa-fundador-plataforma-inversion-66333585.html 

LumenDatabase Report: https://lumendatabase.org/notices/29354628 

Jurisdiction: ES

Fake DMCA Against Decrypt.co & Expansion.com

4TX7dKK4SHUVHPGDoXRKtcrOrb3DZ3JzIa0Uex8NRdMzAs12uwTaIMPsHwFfMhRb2kaMxw4MStL0SCsHey0BeUxhAExvNPfeNbM8lohHQqmyh rT72y5yZ8ElxvhJcqMb7FVylOl43dA dhzDKQzu0UfXir65XQnrAM1aNk344iSyBBIemfwQClwj6ryQg

Sender: Harry Paul

Allegedly Infringing URL:
https://www.expansion.com/ejecutivo-administrador/david-ruiz-leon_1676079_F65.html

Allegedly Original URL: 

LumenDatabase Report: https://www.lumendatabase.org/notices/29353697 

Jurisdiction: ES

Fake DMCA Against Confilegal.com

BYFxruGDtYfvbDZldUYzKHX5yXBvSgVx7gEKshBeQZuR4XIp1w8gaxm2bDIim R37aUpnaBbuF dm2KoDowi1h20InJJ6ryOWlPz dWMr10t4wD6uucVgc39NIQLn1qvIWCQBGNJKs7YAfWj

Sender: Harry Paul

Allegedly Infringing URL: https://confilegal.com/20220427-david-ruiz-de-leon-ceo-de-la-plataforma-de-critpomonedas-kualian-actuamos-conforme-a-la-ley-no-hay-estafa-piramidal/ 

Allegedly Original URL: https://www.tumblr.com/spainlive/699695740469100544/david-ruiz-de-le%C3%B3n-ceo-de-la-plataforma-de 

LumenDatabase Report: https://www.lumendatabase.org/notices/29353009 

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Jurisdiction: ES

The Shocking Current State Of Kuailian

You might think that after such an international outrage and media coverage, the Kuailian scam must’ve been shut down, right?

The reality cannot be further from the truth. As the official Kuailian website is still up and running. Not only that but their app on the Play store is still available for teh public to download.

A search on similarweb.com shows that the Kailian official website still receives consistent views:

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The way Kuailian and its shady marketing team are going about taking down news articles and blog posts using illegal means suggests that David Ruiz de Leon might be planning to start marketing the scam again.

It is very likely that this post will fall victim to Kuailian’s horrible fake DMCA tactic. And if it does, I’ll make sure to spread it like wildfire. This scam deserves to be stopped and I hope the people of Spain and victims of this scam from other countries help me in achieving this goal.

14 Comments
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  1. I will never suggest anyone invest in this company because they are only making money for their personal needs, especially the owner David Ruiz de Leon and scamming people. The court should seize and auction off all his belongings which he has bought after stealing.

  2. It will be a gamble after investing in Kuailian because many of its investors are losing their money.

    • This company is making millions after making false promises based on their advertisement for providing unforeseen returns, which attracts the customers to check out the products of the company. In the end, what we get is a pack of regrets.

  3. Why invest with this bastard where you will have to face loss and scam, please avoid Kuailian.

  4. My request to every friend reading this comment is that please don’t invest your money with Kuailian because they are nothing more than a scammer. My many relatives have suffered because of this fraudster as we shared the link into our family group where everyone signed in for earning that 10% commission amount. We haven’t been paid yet.

  5. The 65,000 Spain residents were just innocent and gullible people. I pray for their well being. There should be something done about Kuailian and David. After the scam, he was charged by the court for the investigation, and his legal representative Cristian Albeiro was not appearing for the hearings. The judge interpreted and gave them a warning for their misbehavior.

  6. This is a big red flag as they are only scamming people through their cryptocurrency investment scheme and making millions of profit for themselves. I cannot believe people are still falling for scams like this.

  7. My experience with Kuailian was the worst one as this was the first time I was investing in an online company though there was always the fear of facing some loss, I invested in it because one of my friends recommended the platform. It was fun until I got to know the reality of the company as well as my friend, my all money was lost and my friend got a 10% commission, which broke the bond between us, fu#k you John.

  8. David Ruiz de Leon, remember the name of this scammer as he is made for stealing money from people and running a nefarious company.

    The company was providing investment through their scheme named Kuailian and was making millions through scams.

    Usually scammers like him jump ship immediately and start another scam immediately. Keep a close watch on him guys.

  9. One common pattern which I have noticed with these scammers is that they will start posting fake DMCA notices against the articles which are in the category of defaming the company’s image or say are telling the reality to people all over the world, making them aware about this fake and fraudster company.

  10. Reply
    David Ruiz De Leon is a Scammer
    December 12, 2022 at 3:23 am

    My friend invited me into the scheme where he was getting a commission of 10% and also would enhance himself one position ahead in this terrible pyramid scheme. He explained to me that he will be converting my dollars into a specific cryptocurrency named Ethereum and then depositing them in the portfolio designed and controlled by Kuailian and the team, which later on came out to be a scam as they were not providing any profit.

  11. If you are trading through some online platform and planning to share the link please don’t do this as there are 100% chances you will lose your money and also make someone else suffer the same. In this Pyramid scheme, only David Ruiz de Leon makes money, nobody else.

  12. My brother invested in their scheme and regretted it soon after the loss.

    • Kuailian may look like the most trustable firm all over the world but the reality is far different from the claims. Don’t trust them!

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