New Crypto Scam Warnings
This month the Cyprus Securities and Exchange Commission (CySEC) issued a warning regarding seven unauthorized entities that claimed to be under the Cyprus based regulator. The warning comes one month after seven other firms were blacklisted for the same offense.
Falcon FX Option Scam
The most notorious of the company names on this is Falcon FX Option. A company that brazenly claims on it’s website’s disclaimer that it is regulated not only by CySEC but by the CFTC in the US as well. Falcon FX Option also goes by a name closely related to an actual CySEC authorized firm Falcon Brokers. A correlation between the two firms has yet to be determined, however we covered another “Falcon” scam back in May which you can read here. Another “Falcon” broker scam is FalconFX, an unregulated firm claiming to be located in the United Kingdom.
Unauthorized Entities
The seven companies are listed below.
monecor.eu
ampglobalfx.com
cardinalfx.trade
falconfxoption.com
lab-finance.com
24cryptofxtrade.com
ctrust.co
Crypto Scams Still Operating
A worrying reality is that most of the companies listed on this warning are still active. It seems that CySEC, true to their form are satisfied with simply announcing that they’re not responsible for the crimes that are being committed by these entities.
Please what is the best and reliable and genuine trading companies to invest with
We recommend Fortrade
I am suspicious about “Hodlvault io” BINANCE TRADE. Could someone investigate please
Hi Bev,
We can confirm that HodlVault is a scam website.
rynattrading (.) org is a scam site that plays on the name of a real broker named rynattrading.
This is obviously a professional who has done it before as making a play on the real name
& enough nerve to join a zoom meeting.
He called himself Tony Graham. The name will probably
change several times. This individual has befriended one of the group who had great returns.
Then another joined the trade platform – more great trades for months.
Then around 30 of us join investing over 100,000. Withing 2 weeks of this, the individual has disappeared!
Again RYNATTRADING (.) ORG Dont be the next victim. Scammers need to be exposed!
Received a call from someone claiming to be from rynattrading.org, had a conversation with him over the phone , not sure how he got my number, then he sent me a message
Bonjour
https://register.fca.org.uk/s/
Voici le site officiel de fca, déplacez le curseur vers le bas il y a un champ de recherche, entrez swiss market fx et sélectionnez des entreprises, lancez une recherche, il ne donnera aucun résultat disponible,
Maintenant, faites la même chose mais recherchez rynat trading ltd et ça vous donnera la fréquence 767060 .
Pour la plateforme et pour afficher votre solde ,c est en cours de traitement ,donc une fois que c’est fait je vous le ferai savoir et vous montrerai votre solde avec le montant exact.sur rynat trading , compte bloqué pour l’ instant.
avec votre mot de passe pour y acceder .
Veuillez ne pas répondre pas a swiss market fx pour votre sécurité.
pour plus de details vous avez le whtssapp de MR lavierre.
MORGAN SMITH
SENIOR ACCOUNT MANAGER
Email: morgan.smith@rynattrading.org
Web: http://rynattrading.org/
I got these link by a friend but im suspicious: cryptofxx (.) co
Do you know more?
Thanks, rene
Hi Rene,
CryptoFXX is a confirmed scam. Steer clear.