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RevenYOU - BOTS
Information by Research Trustfinance
RevenYOU B.V. is a Dutch fintech company that developed and operated the BOTS app, a platform designed to make algorithmic trading in cryptocurrencies accessible to retail investors. Launched in 2020, the app allowed users to invest their funds into various automated trading strategies, or "bots," created by third-party developers. The company's mission was to democratize wealth management through technology. However, after losing a significant amount of customer funds held with a fraudulent partner exchange, the operating entity BOTS B.V. was declared bankrupt by the Court of Amsterdam in March 2023. The company is undergoing bankruptcy proceedings with stated plans for a potential future relaunch.
Industry
Crypto
Financial