Many investors are upset about Cryption-Ico, an entity that claims to be a safe investment with consistent and lucrative returns. Though the site is marketed as a means for people to increase their net worth through cryptocurrencies, the truth doesn’t seem to live up to the hype. The Financial Conduct Authority (FCA) issued warnings to Cryption-Ico, indicating major problems. This Cryption-Ico review will look at user-shared negative experiences and highlight the platform’s dishonesty.
Cryption-Ico Broker Overview
Website: https://cryption-ico.com/
Website Availability: Yes
Official Address: South Croydon, UNITED KINGDOM, CR2 6EQ
Blacklisted By: Financial Conduct Authority (United Kingdom)
Domain Information:
- Domain Name: CRYPTION-ICO.COM
- Registry Domain ID: 2881124115_DOMAIN_COM-VRSN
- Registrar WHOIS Server: whois-service.virtualcloud.co
- Registrar URL: http://sav.com
- Updated Date: 2024-09-06T14:59:55Z
- Creation Date: 2024-05-14T08:45:45Z
- Registry Expiry Date: 2025-05-14T08:45:45Z
User Reviews
Many victims have reported stories of being scammed by Cryption-Ico. One reviewer shared how they were lured into investing large sums of money with the platform after being promised lucrative returns. Initially, everything seemed professional, with smaller withdrawals processed smoothly. This gave the impression of legitimacy. However, the platform showed its true colors when larger withdrawals were attempted. The communication from Cryption-Ico suddenly ceased, and attempts to withdraw funds were met with suspicious roadblocks.
One particular user explained their experience with a frightening demand from the platform. They were informed that to access their funds, they would need to transfer their money into a new account and pay an outrageous 30% tax. This highly questionable request exposed Cryption-Ico’s deceptive practices, which seem designed to rob unsuspecting investors of their hard-earned money.
FCA Warning and Negative Feedback
Cryption-Ico’s troubling behavior has not gone unnoticed. The FCA has officially warned against investing in this platform, advising potential investors to steer clear. The platform’s negative reviews are consistent across multiple forums, with users expressing frustration and despair at being scammed. One reviewer described the platform as “professional and convincing at first,” but later realized it was a well-crafted scheme to defraud investors. Their attempts to withdraw large sums of money were met with silence from Cryption-Ico, leaving them without their funds.
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Note: The information provided in the above Cryption-Ico review is derived from existing web Cryption-Ico reviews. Please be aware that we cannot be held liable for any legal action taken by Cryption-Ico company. If you have any inquiries or concerns, kindly reach out to us via email at [email protected].