700capital.se 

I see no difference between 700 Capital/Bittor.io and the Scammers.

I was presented with an investment opportunity from 700 Capital Flávio Franco and Joshua Marcano.
They insisted that I must be registered with Bitcoin platform partner in order to get access to the funding they were going to allocate to my company, as a result, I complied. Then their partner site Bittor.io insisted I had to make a $1,000 deposit to activate my wallet on their platform. I complied because I was told the funds will be accessible immediately (not true) and the funds would be usable (not true) once the deposit posted the funds were deposited, but the only way to access the funds was to perform the withdraw from the accounts. Since 700 Capital founded my wallet with the loan proceeds, withdrawing the deposit and a portion of the loan proceeds supposedly triggered a restriction to have those funds reported to the IRS, who Bittor.io claims required IRS form 8949 to be filed. The Bittor.io is asking me to deposit the amount of $5,000 as IRS tax clearance certificate filling fee (that’s crazy)
They are still holding my $1,000 deposit so I’m about to file complaint with the US authorities.

We were presented with an investment opportunity from 700 Capital's Flavio Franco. They insisted that we must be registered with their Bitcoin platform partner in order to get access to the funding they were going to allocate to our company, as a result, we complied. Then their partner site BitTor.io, insisted we had to make a $1,000 deposit to activate our wallet on their platform. Once again we complied because we were told the funds would be accessible immediately (not true) and the funds would be usable (also not true) once the deposit posted. They took several days to acknowledge the deposit and once the funds were deposited, the only way to access the money we just deposited, was to perform a withdraw from the account. Since 700 Capital supposed funded our wallet with the loan proceeds, withdrawing the deposit and a portion of the loan proceeds supposedly triggered a restriction to have those funds reported to the IRS, who Bittor claims requires a IRS Form 8949 to be filed. Unfortunately, the claims by Bittor are only partially true and 700 Capital & Flavio Franco are aware that the IRS would not require such information just to have the funds withdrawn. At best the reporting would be a Year End activity and not reportable until then. Bittor claims the form was missing information, which is true because Bittor restricts trade details from their site so they can force clients to pay for their services to file this report, which probably never gets to the IRS. We spoke to the IRS and the bank about the form issue and Bittor & 700 Capital have lied about the release reason. And now they continue to hold our deposit so we've filed complaints with the FBI, Florida Secretary of State, Florida Attorney General and other federal agencies along with a pending lawsuit against them and their founders.