- Bad experience with fraudulent crypto broker

The supposed online broker pretends to be a credible platform for online trading. However, there are numerous indications that everything is by no means straightforward at More and more traders are reporting telephone terror, rip-offs and investment fraud at Many have lost their money invested with More and more doubts are spreading. Meanwhile, many investors of have the fear that it is an investment fraud. All investors of the ask themselves whether they became victims of investment fraudsters? And what can investors do if the suspicion of investment fraud is substantiated? Will the investors of get their money back? Does it make sense to file a criminal complaint against with the police? Where can I get help with investment fraud? Questionable affirmations on!
What do perplexed investors read on "In recent years, we have developed and tested complex solutions for several large companies and private investors. Successfully implemented projects have brought us closer to the specifics of the industry and streamlined our processes. The financial world is undergoing fundamental change these days. We keep up with these trends and relevant needs of the industry, including the political component. The purpose of our team is to solve various problems of our clients in the financial sector." That's just a small excerpt of the implausible promises that interested parties can find on's website. Not a single one of these full-bodied promises by has been kept. Disappointingly, the suspicious business behavior rather ensures disappointed investors and bad experiences! Hide and seek domain entry!
Remarkable for the business practices of the makers is that the website does not contain an imprint. Thus, the complete information about the legally responsible operators of the website is missing. If one takes a look at the domain data of the website of, there are no references to the operators to be found. However, one learns that the domain was registered on 15.02.2021 with, LLC. The real domain owners hide behind the anonymization service Domains By Proxy, LLC. Who is behind it?
Answering this question will be rather difficult for many investors, as the makers do everything they can to conceal the true circumstances. However, this is nothing unusual. The perpetrators mostly operate several of these websites with the same fraudulent business model. These are created in advance, quickly put online and just as quickly shut down. The top-level domain is often changed to deceive financial regulators and law enforcement agencies. But who is the operator? On the website of, there is only scanty information about this. Although the company LTD with the business address 6 South Molton Street, International House, London, W1K 5QF is given, the creators of cannot be found under this address. In addition, there is the obligatory support e-mail address and the phone number +421233329998. The customer acquisition of the investment scammers
The same approach can be found here again and again: In order to attract new investors, the offers of are promoted in all conceivable media and channels. In most cases, these recommendations are false information. they upload image films on Youtube or Vimeo, in which interested investors are convinced with fictitious references. Here, supposed celebrities report on their experiences with online trading and cryptocurrencies, often with the erroneous reference to the TV show "Die Höhle der Löwen". With the same goal, an affiliate program is usually started to motivate others to beat the advertising drum for criminal business practices.
As soon as the customer has registered on the trading platform, he receives calls from alleged financial brokers who like to refer to their years of experience and their satisfied customer base. In many cases, however, the makers of this business model are fraudsters, against whom the Federal Criminal Police Office and the Federal Financial Supervisory Authority (BaFin) also warn. Usually the investors start with a small sum as employment. Beforehand, investors are also often motivated to install remote maintenance software, such as AnyDesk or TeamViewer on their computers, so that assistance can supposedly be provided with the first steps. In many cases, the computer is subsequently manipulated and unwanted transactions are carried out. In the process, the investment fraudsters also frequently gain access to their victims' online banking. What is particularly criminal, however, is when supposed profits are displayed on the trading platform in order to entice the customer to place further high stakes. In some cases, even small sums are returned in order to lull investors into a sense of security. Who then does not want to further increase the stakes? But how does it continue? repayment of money is subject to conditions
Once in, an exit is mostly impossible. Rather, the administrators of the investment scammers tie a repayment of the money to further deposits. This is where employees come in, claiming alleged tax debts and commission payments. If these are settled, it would come to the disbursement of the allegedly obtained profits. The perpetrators send the investors self-made tax and commission statements, often decorated with fake coats of arms. These would have to be paid urgently. A clearing with the allegedly obtained profits, is never possible. If an investor refuses further deposits, alleged profits are converted by senseless transactions into losses and the customer maximally damaged. This is not the end of the horror, but investors are permanently confronted with calls from other dubious providers. This indicates that the contact details of the investors are further traded among the investment fraudsters. In the end, a "savior" regularly comes forward, claiming to have uncovered the whole scam. He impresses with his insider knowledge. No wonder, since he is part of the fraud gang. The next rip-off! And of course, the "savior" wants a small fee - in advance! scheme of investment fraud?
There is no authorization of the online broker lacks the regulation of a recognized European supervisory authority, such as the English Financial Conduct Authority (FCA) or the Cyprus Securities and Exchange Commission (CySec), which is often used by brokers. Likewise, there is no approval from the Swiss Financial Market Supervisory Authority (finma) or the Financial Market Authority (FMA) of Austria, which is responsible for Switzerland. It is also evident that is a scheme of capital investment fraud. All traders harmed by are advised to immediately contact an investment fraud lawyer. Where are the investment fraudsters actively operating?
There is no doubt that investors are dealing with investment fraud in Germany, Switzerland and Austria. Unfortunately, the activities of were not limited to the DACH region. Because addresses English-speaking traders as well, it is only a matter of time until those defrauded by this group of speakers come forward. A look at the list of regulators is recommended before making any financial commitment to reduce the risk of becoming a victim of investment fraud. Claims for damages against involved banks
A permit from the German Federal Financial Supervisory Authority (BaFin) is a mandatory requirement for financial services and investment transactions in Germany. It is prohibited to conduct, support or facilitate such business, even across borders into Germany. Persons and companies who nevertheless participate in such transactions are obliged to pay damages to the injured parties. These investment fraud cases would probably not have been feasible without such banks. Investors want your money back!
The situation is by far more promising than it seems. The damaged investors can reclaim against those involved in the investment fraud and invested money. At present it is not to be expected that the investment fraudsters of are seized soon, nevertheless there is cause to hope. Hope because the funds flowed through accounts provided by reputable financial institutions. The latter obviously failed to check the investors' deposits, some of which were large and therefore subject to controls, and their onward transfer for illegality. Such omissions made the investment fraud possible in the first place. They want their money back! How does that work?
Equipped with this knowledge, no one would have engaged in business with Now the only way left for the deceived is to seek compensation. Many investors cannot even imagine that there is any real chance of ever seeing their money back. Clearly yes! There are numerous legal bases to fall back on. The generic term is "money laundering." When investment fraudsters collect money, the crime of money laundering is committed. Financial institutions have a duty to take action against money laundering. This is where one starts with good chances of success. First of all, essential questions have to be answered. Where did the funds moved by go? Can investors somehow get back their capital invested with What steps are advisable from now on? A lawyer specializing in investment fraud will be happy to answer such questions thoroughly. Who can help?
What to do in case of investment fraud? What help with investment fraud can victims of hope for? victims can ideally find the help they need from an experienced investment fraud lawyer. He or she will be able to take care of your case both in terms of the criminal aspects of the investment fraud, as well as the recovery of funds and possible claims for damages. A lawyer for trading also comes into question, because the methods of fraudulent brokers, such as, are also known to him. Follow the money trail!
Such abuses on the unregulated capital market pursued the Anlegerschutzkanzlei Resch attorneys for more than three decades. The approach of is so regarded nothing new. Over the years, Resch Rechtsanwälte has developed a strong set of tools for tracking down the sums of money that have been set aside and tracing the money flows. Making funds disappear has become extremely difficult in the age of the Internet. The sooner investors follow the money trail, the more likely they are to recover their invested capital. Now it is important that investors who have been harmed by take immediate action.


RESCH Attorneys at Law - Experience in investor protection since 1986
If you have become a victim of and want to know if and how you can get your money back, call 030 885 9770 or fill out the questionnaire. You will receive a free assessment of your case.