MalwareTips: Polar Tensor Telegram post names 'Velario Exchange' launch, site warns it may be a relaunch
MalwareTips reports that Velario Exchange is named in a Polar Tensor Telegram post as a launch planned for 15 November, and warns it may be a relaunch. Velario itself is not shown to be a scam, and MalwareTips advises not to send new money.
- First reported
- Reports
- 1
Source: malwaretips.com · published
What happened
MalwareTips published a warning on 3 November 2026 saying that Velario Exchange is named in a post on the public Telegram channel of Polar Tensor, an investment platform. According to MalwareTips, a 31 October post on that channel announced an update call for 6 November and a planned Velario Exchange launch on 15 November. MalwareTips warns that Velario may be a relaunch of Polar Tensor under a new name. Scammers.com does not state that Velario is a scam; MalwareTips says the launch was still only a proposed date.
How the scam works
As described by MalwareTips, the channel posted on 29 October that it was investigating trading anomalies and had temporarily closed new deposits, without explaining the affected trades or customer balances. The 31 October post then announced the update call, said it would cover evaluations, the current situation and an action plan, and set the Velario Exchange launch date after security testing. MalwareTips stresses that a launch announcement is not evidence of repayment and that, as of its report, 15 November was only a proposed date.
MalwareTips also points out that Hong Kong's SFC lists Polar Tensor among suspicious virtual-asset trading platforms, with an alert added on 7 August 2026, and that Quebec's AMF warns it is not authorised to solicit investors there. It says a new launch does not transfer or create any regulatory permission, and that an old balance moved into a new dashboard is not the same as money returned. It says the article does not establish that Velario has demanded a migration fee or imposed particular conditions. Scammers.com already lists a separate report on Polar Tensor's withdrawal problems.
Its advice is not to send new money to a Velario offer in order to preserve or recover an old Polar Tensor balance, to keep the original offer and payment history separate from any new account, and to keep complete wording of any waiver, settlement or migration terms before accepting. It also advises checking any claimed permission against the real operator and the activity offered in your location. These are MalwareTips' findings and have not been verified by scammers.com.
Source
MalwareTips, “Velario Exchange: Polar Tensor relaunch warning”, 3 November 2026, citing Polar Tensor Telegram posts of 29 and 31 October 2026. Not independently verified by scammers.com.
Red flags
- A new exchange name, Velario Exchange, announced through Polar Tensor's own Telegram channel.
- A launch date announced two days after the platform said it had closed new deposits.
- MalwareTips says a relaunch does not prove repayment or any regulatory permission.
- Warnings about Polar Tensor from the Hong Kong SFC and Quebec's AMF, as cited by MalwareTips.
- A migration that could replace an existing claim with a new balance.
If you were targeted
- 1Do not send new money to a Velario offer to preserve or recover an old Polar Tensor balance.
- 2Check any claimed permission for Velario against the real operator and your regulator's register.
- 3Keep the original offer, your payment history and all messages separate from any new account.
- 4Read and keep the full wording of any waiver, settlement or migration terms before agreeing.
- 5Report the platform to your national financial regulator or fraud reporting service.