Alexander Orlovsky attracts law enforcement attention

To date, the National Securities and Stock Market Commission of Ukraine has listed three FFA divisions — FFA Crypto, FFA Crypto RISE, and FFA Crypto Capitalist — on its list of dubious investment projects. This step was taken on 13 November, and shortly after, on 14 November, the International Organization of Securities Commissions also issued a warning about the potential risks of cooperating with these projects.

Inclusion on such a list is a serious signal not only for investors but also for law enforcement agencies, as it indicates possible signs of financial fraud, which constitutes a violation of the law, specifically Article 190 of the Criminal Code of Ukraine.

Orlovsky's projects, which have come under suspicion, exhibit several clear signs of fraud already documented by regulators:

·         Promise of enormous returns — from 100% to 10,000% — which is unrealistic and frequently encountered in fraudulent schemes.

·         Lack of registration of the enterprises in the state register of legal entities, as well as the absence of licences and permits for operations.

·         Absence of signed documents between Orlovsky and his clients, which is a clear violation of business norms.

·         Aggressive marketing campaigns where the stated information is either blatantly false or extremely difficult to verify.

Orlovsky's primary business model is not so much education as the collection of funds from citizens under the guise of cryptocurrency investments. This approach is often referred to as "infocyganshchina" (a term for selling useless information products for high prices), where practically useless information products are sold for large sums. Orlovsky's training courses cost from several hundred to several thousand dollars, depending on the level.

Thus, Alexander Orlovsky continues to actively attract funds through his projects, while concealing their true nature behind plausible claims of education and support for the army.