review: a HYIP crypto scam exposed! review: a HYIP crypto scam exposed! Key Features

🔴 services are incredibly shady- a warning sign!

🔴 lies about its regulation – a red flag!

🔴 forges its contact information – a red flag!

🔴 promises profits it cannot hope to guarantee- a red flag! Products and Services is another scam company that would have you believe it possible to achieve the profit rates shown below:

Of course, this is very much not the case – even the most modest returns here are over 100%. There is no way that, or any company, for that matter, can be so profitable. And the scheme runs is called a HYIP (high-yield investment plan). These companies lure people in with promises of obscene profits and simply pocket their money once they get their hands on it.

What’s more, relies on crypto assets to sell its lies of profitability – another sure scam sign!

Cryptos went to become extremely popular, and they come with tremendous profit potential, but the assets are pretty complex and a bit enigmatic for the vast majority of people. Bitcoin is still surging, and the entire crypto market is growing exponentially, but all investments carry significant risks, such as high unpredictable volatility and absence of regulation, for example. And we’d also like to emphasize the fraud risk- crypto scams are virtually everywhere. In fact, the latest trend among scammers is to create fraudulent websites offering fictitious crypto investments and mining services aimed to entice unsuspicious investors into scam settings. The fraudulent offers usually stick to the rule “sounds too good to be true”, the entity offering the services is totally anonymous, and there is no regulation whatsoever. So, based on the products and services offered alone, we can affirm that the entity under review is dangerous. You’d better avoid it.

That said, it’s worth considering trendy cryptocurrency alternatives that have already proven to be reliable. For example, many cryptocurrency exchanges like Coinbase and Bitstamp already provide passive income opportunities like BTC and ETH staking, other earning opportunities, affiliate programs, so on and so forth. Both mentioned are law-abiding financial firms that operate transparently, so you won’t be exposed to fraud risks if you trust them. Company and Regulation is completely unregulated and lies about it – the certificate the company has available on its website is from the UK’s Companies House, which does not regulate the Forex markets in the country in any capacity. That is the job of the FCA – and the FCA does not have an entry on in its register.

So, the crypto service under review isn’t a typical firm, and as such, it’s not regulated. The absence of regulation implies that your investments will be at risk if you deposit. Moreover, you won’t have access to complaint procedures or money protection schemes, so if things go wrong, you’ll be the one to suffer the complete loss. Even more so, the digital coin transactions are anonymous, so if you get scammed by a shady crypto provider, you can’t get your money back.

Indeed, cryptocurrency regulation has been a hot topic for a long time. The digital coins themselves are not issued or governed by central banks, but too many countries already have plans to introduce centralized cryptocurrencies. Still, Bitcoin is a peer-to-peer payment system that’s considered too risky for many. However, many crypto firms are now operating with financial licenses; they are transparent, and their clients can benefit from certain customer protection measures if things go wrong. And that doesn’t apply to the entity under review, which is an anonymous and most probably totally illegal enterprise that can switch off its servers, pocket clients’ money and get away with the crime. Address and Contacts

Address:Lonsdale Gate, Lonsdale Gardens, Tunbridge Wells, United Kingdom, TN1 1NU
Phone number:+44 1892 71 0192
E-mail:[email protected] provides access with a full set of contact information – too bad it is all fake! The only way a company can operate from the UK is with an FCA license, which we mentioned lacks! Therefore, the company cannot be found where it claims to.

Considering investment opportunities, transparency is always crucial. As for cryptos, you already know that Bitcoin is a peer-to-peer payment system, which is designed to protect the privacy and to provide security. However, that doesn’t mean that the crypto providers should also be anonymous. After all, these people will handle your money, so you should at least know who they are and where they operate from. In fact, we need to note that some trustworthy exchanges don’t reveal such information on their websites, but it’s still easy to verify that businesses are legal, law-abiding companies; therefore, it’s always a worrying sign if the crypto provider isn’t transparent. Website Info

SimilarWeb RankingNone at the time of writing
Server Country USA
WHOIS Reg. Date2021-12-15
SSL certificateValid
OwnerRedacted for Privacy
AdministratorRedacted for Privacy

Is Safe? is most definitely just another scam that relies on the general lack of knowledge about the crypto markets and what is possible there. You should avoid such companies at all cost – if you are to be investing in crypto, your best bet would be doing so with an established name on the market, and a regulated company.

Be careful with recovery agencies if you have invested with too – most of them are scams too, that are seeking to prey on people who have been victimized before. The easiest way to tell these scams from real recovery agencies is by the simple fact the scammers demand upfront payment for their services!

Scam Warning

Scammers are always riding the trends, so it’s not at the least surprising that cryptocurrency fraud is now blooming. Even more so, the high-tech nature of Bitcoin actually facilitates scams as most people don’t really know how crypto works, so scammers take advantage of the lack of understanding. Indeed, the crypto scam has been here for a while, and it proved to be extremely dangerous- just recall OneCoin, which happened to be a multi-billion Ponzi scheme disguised as a revolutionary digital currency. However, scammers rarely go out of their comfort zone, so most crypto scams happen to be very similar to the typical investment fraud.

The fraudulent crypto schemes are also anonymous and illegal, while scammers introduce themselves with fake identities. There are also too many impersonators resembling the websites of valid start-up companies from where customers get redirected to other insecure fishy payment portals that may as well carry additional security risks. The cons yet again promise the moon and the stars to their victims but won’t deliver a thing in the end. However, the difference between crypto and the rest of the investment scams is that people are more likely to believe that they can become rich overnight as Bitcoin has already proved to have massive profit potential. In any case, you should be very cautious when it comes to crypto, as the markets are plagued by scammers ready to take advantage of you.

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