Review – Is Crypto-Assets a Mining Scam? Review – Is Crypto-Assets a Mining Scam? Key Features

🔴's services are questionable – a warning sign!

🔴 isn't licensed – a red flag!

🔴 isn't transparent – a red flag!

🔴 creates unrealistic expectations – a red flag! Products and Services is allegedly the only company offering accessible and secure Cloud-Mining solutions to everyone. However, the investment opportunities they offer are dubious, to put it mildly. We claim so because they offer up to 80% earnings for 4 hours, and the profitability comes from crypto mining, which is technically impossible – no one can make so much money for such a short period from mining! It's simply out of the question, so after quick scrutiny, we confirm that is actually an HYIP, and you'd better avoid it!

HYIPs are unregulated investment schemes offering questionable opportunities, to put it mildly. The promised ROI (Return in Investment) is just too good to consider trustworthy- at times, customers are reassured that they can make 100% or more per day, which can't happen in any possible way. To put it into perspective, even the largest investment funds can't secure more than 10% per year, let alone per day or week. So, given the products and services offered, we can decisively say that the service reviewed is highly suspicious and most likely fraudulent.

With that being said, you'd better stay away and have a look at other reliable opportunities, such as Forex brokers PAMM managed accounts, social trading platforms or regulated crypto providers. For example, many crypto exchanges are presently offering BTC and ETH staking that can bring a decent passive income on reduced investment risk. But in any case, make sure to trust your money to transparent and adequately regulated financial companies because markets are currently plagued by anonymous investment schemes, most of which are pure scams. Company and Regulation is allegedly a brand of CRYPTO ASSETS MANAGEMENT LTD – a year-old British entity registered as financial management and information services company. However, there are two major problems we should address. First of all, there is no undeniable proof that the HYIP and the UK company are actually linked to each other – may as well be a clone. But the more severe issue is the fact that neither the company mentioned nor the HYIP is licensed by the British regulator FCA. Yes, we talk about crypto mining, which is practically an unregulated activity, but only if you mine for yourself. In the case, it asks for deposits and promises gains in the future for prospective clients, which is technically an investment service. Hence, we confirm that all investments with will be exposed to risks because the business is not regulated. Crypto scams are everywhere, and you'd better beware of!

The lack of regulation implies that the people operating the scheme are not supervised while working, meaning that clients' money will always be exposed to risks. To put things into perspective, duly licensed and adequately regulated financial firms are forced by the authorities to comply with many standards designed to guarantee customers' safety. For instance, to obtain a license, a company must meet minimum capital requirements that vary by country and depend on product specification or other factors. The condition is set to guarantee that firms should have enough money at their disposal to survive unforeseen events, remain stable and continue operations, inflicting no harm to customers.

The US minimum capital requirement is 20 million USD, which is actually one of the biggest among all. In addition, US financial firms should also keep customers' accounts segregated, ensuring that deposits won't be misused or misappropriated. However, we should note that the US regulatory framework is quite complex as there isn't a single financial authority, but many. The list includes NFA, CFTC and SEC, to name a few, and each of the mentioned control companies in one way or another. Additionally, each state usually has its own independent authority, making the US market significantly more complex than others. Regardless, the scheme reviewed isn't regulated by any authority anywhere in the world, so make sure to avoid it as it may as well be a pure scam. Address and Contacts

Address:158 Northdown Road, Margate, United Kingdom, CT92QN
Phone number:None
E-mail:[email protected]'s and CRYPTO ASSETS MANAGEMENT LTD allegedly have the same address. While the latter is easier to confirm, it's impossible to verify that is actually present at the exact location – if you remember, there is no proof that the British company and the HYIP are actually linked to each other. That being the case, we should note there is a lack of transparency – there is simply not enough third-party information to confirm the link, which indeed triggers a red flag! Beware!

Transparency is essential when it comes to investing because you should always know who is making the investment in your name and where your money really is. Legit businesses always operate transparently and are required by law to provide the public with their basic corporate information – addresses, phone numbers, e-mails, legal documentation outlining service provisions and so forth. It's very likely that you are dealing with scammers if you cannot independently verify the contact information given, and it's even a more treacherous sign if you come across an entity that doesn't even provide these crucial details! Website Info

SimilarWeb RankingNone at the time of writing
Server Country USA
WHOIS Reg. Date2021-12-17
SSL certificateValid
OwnerRedacted for Privacy
AdministratorRedacted for Privacy

Is Safe? is not safe! It's an unregulated investment service allegedly in the field of cryptocurrency mining. The lack of regulation is always an issue, and for that reason, we recommend staying away from – the profitability promised is just too good to be true either. Hence, we confirm that your funds will be exposed to risks if you invest!

Scam Warning

For various reasons, depositing with HYIPs and other unregulated investment schemes is highly not recommended. Above all, the lack of regulation strongly suggests a scam, as only regulated firms can offer investment services to the public. As you might expect, scams cannot thrive in a robust regulatory environment, where numerous customer protection rules are imposed, all of which are designed to make markets safer by actively preventing fraud.

Authorisation by regulators is only granted if the firm meets the standards governing how the entities should treat you as a customer and what kind of information they should provide. Each country's regulator keeps a register of licensed firms and the products and services each licensee is permitted to offer. Unauthorised firms, on the other hand, seek to avoid the controls that legal, authorised entities are subject to, thus leaving investors unprotected. Scammers, of course, want customers to be completely unprotected, which significantly facilitates fraud, and that's why they always work without a license.

The HYIPs, in particular, are usually operated as a Ponzi because many investors can withdraw initially, but sooner or later, the service will inevitably close. HYIPs usually target traders and investors with little or no experience by promising fictitious investment opportunities, allegedly delivering unrealistically lucrative gains. 10% or 100% per day certainly isn't a legit offer – that's a scam, and you'd better stay far away from entities promising get-rich-quick schemes.

Recommended Casinos

Share your experience with and get help to recover your deposit

Your email address will not be published. Required fields are marked *