Crypto Guru Nikita Malov's Project Raises Red Flags
Nikita Malov's Million on Crypto project promised to teach investors how to earn up to $300,000 per month by trading cryptocurrencies. However, a closer look at the project reveals a lack of transparency and credibility issues.
According to his website, Malov claimed to have turned 5,000 rubles into significant capital in just five years and was ready to share his secrets with others. He promoted his paid course, 'Nikita Malov's Million Crypto Portfolio,' which promised to teach beginners how to trade profitably.
However, a review of the project's media platforms, old communities, and client reviews reveals a different story. The project's blog and video channel have been repurposed for general business advice rather than cryptocurrency analysis. Malov's Telegram communities related to trading were deleted or renamed, suggesting he has distanced himself from the cryptocurrency market.
Former students of the course complained about its lack of practical value, excessive theoretical content, and losing signals. Many accused Malov of being an 'infogypsy' and a scammer, questioning his knowledge of cryptocurrencies.