Regarding Aforti Finance assets on Debitum Network
Dear Debitum Network community,
Please be aware that on the 25th of July, all Aforti Finance assets were removed from Debitum Network and the entire invested amount plus due interest were bought back. We have come to this decision as a result of a thorough investigation of Aforti Finance financial situation while doing the 1st and 2nd quarter follow-up due diligence process. We didn’t wait until investors possibly got stuck with unpaid repayments and nervously wait for the situation to resolve itself. We wanted to protect investors’ funds and decided to act proactively.
Our risk management team did a thorough analysis of the financial data provided by Aforti Finance and had a number of important questions to ask. Correspondence between teams lasted more than a month and as some of the important questions were not answered or were answered vaguely, we decided to suspend offering Aforti assets for investment.
Our collaboration and partnership agreement with Aforti Finance still stand. We are going to review their data for the next quarter, and if the previous worrying questions are solved we will resume accepting their assets on our platform. For the time being, no more assets from Aforti Finance will be uploaded on Debitum Network until our risk management team ensures us otherwise.
We, at Debitum Network, always look ahead and try to avoid the risks before they arise or worse, get out of control. We have a very strong risk management team and a thorough due diligence process, which should help you stay calm with your investments and security of funds. We might be too cautious, but better safe than sorry. Thank you for your trust in Debitum Network.
Debitum Network team
Disclaimer: Investments in financial products are subject to market risk and any investment should only be done with risk capital. The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.