About MetaMask Phishing Scams

Is MetaMask a scam? It doesn’t seem to be. MetaMask is a popular crypto service that offers bitcoin wallets and apps that are useful to crypto users. Many people use MetaMask’s services daily with no negative incidents. However, regulators are alerting the public about MetaMask phishing scams. These are easy to miss and many people fall for them–even if they are usually careful. 

How Do MetaMask Phishing Scams work?

MetaMask phishing scams are a kind of social engineering scheme in which cyber criminals disguise themselves as legitimate service and convince people to click on a link. Once they click, they are sent to a malicious website that cleans out their bitcoin wallets. 

These scammers send emails to MetaMask customers and say they need to verify their wallets. They’ll use the same logo and similar font and will appear to be a genuine MetaMask communication. However, if you look closely, you’ll notice variant spellings of the web address. Often people don’t pay attention to this until it’s too late. 

Don’t click on any link offered by a legitimate-seeming company. Instead, consult the company as confirm a request was sent by them. Check the spelling of web addresses. Take a few seconds to keep your money safe. 

What You Should Do If You Have Lost money to a MetaMask Phishing Scam

If you have lost money to MetaMask Phishing Scams, CryptoCoinTrace experts. We consult with clients, advise them on claims and have the tools and methods to track down your funds. The sooner talk to us, the greater the chances of a successful claim!

Do You Want to Know If Swapnex Is Legitimate or a Scam Broker? 

At the end of a movie, often the defeated villain will say, “You haven’t heard the last of me.” That is usually the producer who is threatening a sequel. In the case of Swapnex, well, we didn’t hear the last from them after their apparent demise. Swapnex is back, although they will only let you look at their site if you sign up for an account. Then, they claim that their former customers can get their funds back but only if they deposit $200 and open a new account. Fool us twice, shame on us! 

There Are Some Problems with Swapnex

We understand why so many people fell for this scam. It seemed absolutely legitimate. It offered a lot of perks, had an active social media presence and offered tools for traders. However, when cryptocurrency took a hit, it was clear Swapnex didn’t have sufficient market capitalization. It also wasn’t really trading client funds and was nothing more than a Ponzi scheme. When customers made withdrawals, there was no money to give them…it had been spent or laundered. 

Red Flags that Swapnex Could Be a Scam Broker

• No license
• Recycled Ponzi scheme
• No transparency
• False claims
• Bad reviews

If You Need Fund Recovery from Swapnex, Talk to Us

We create these reviews to warn consumers about brokers and schemes that may be fraudulent. If you have an account with Swapnex, close it and request a withdrawal. If you are not given your money back, contact Broker Complaint Registry right away. We will consult with you, work to track down your funds and create investigative reports, and will assist with fund recovery efforts.

Is COTPS a Legitimate or a Scam?

COTPS seems to offer a great trading proposition. Who doesn’t want to buy an asset cheap and sell it back at a much higher price? COTPS claims to use AI technology to scan the net to find places to sell crypto holdings at a significant profit. They even guarantee returns as high as 3% a day. This sounds terrific. However, it’s all fake. COTPS has been exposed as nothing more than a Ponzi scheme. That means it takes deposits of customers for its own uses, including paying fake returns initially to inspire false confidence. 

We Have Found Problems with COTPS

There is no contact information and no transparency about who runs COTPS. The company claims to have been around for several years, but we see it is a relatively new site. Having new sites doesn’t mean it has to be a crypto scam, but it isn’t honest about how new it is. There is no way they can possibly guarantee a 3% return to traders on crypto investments. We also discovered that COTPS doesn’t have a license and isn’t allowed to offer its services if it’s unregulated. 

These Classic Red Flags Indicate COTPS May Be a Broker Scam

• No license
• No transparency
• False promises
• Flagged by BCSC
• Misleading claims
• Negative reviews

What You Should Do If You Have an Account with COTPS

 If you currently hold an account with COTPS, close it and demand an immediate withdrawal of all of your funds. If you do not receive a withdrawal from this broker contact CryptoCoinTrace experts. We consult with clients, advise them on claims and have the tools and methods to track down your funds. The sooner talk to us, the greater the chances of a successful claim!

Is MoxCoins a Legitimate or a Scam?

MoxCoins should be called “Mock” coins. That is because its crypto trading services are completely fake. This is nothing more than a crypto scam. Fortunately, the BCSC has warned consumers against MoxCoins. It doesn’t have a license to sign up customers from British Columbia, and we suspect doesn’t really have a license to offer brokerage services anywhere. We wish more people would pay attention to these warnings—there would be fewer crypto scams if more consumers did research. 

We Have Found Problems with MoxCoins

MoxCoins doesn’t offer any transparency. We don’t know who runs this scheme. A warning from the BCSC is enough to stay away, and MoxCoins doesn’t offer any reason to question the issue raised about it. This is another crypto scam that is designed to steal money rather than to generate returns for clients. 

These Classic Red Flags Indicate MoxCoins May Be a Broker Scam

• No license
• No transparency
• False promises
• Flagged by BCSC
• Misleading claims
• Negative reviews

What You Should Do If You Have an Account with MoxCoins

 If you currently hold an account with MoxCoins, close it and demand an immediate withdrawal of all of your funds. If you do not receive a withdrawal from this broker contact CryptoCoinTrace experts. We consult with clients, advise them on claims and have the tools and methods to track down your funds. The sooner talk to us, the greater the chances of a successful claim!

Is Royal Oak Investment a Legitimate or a Scam Broker?

Royal Oak Investment is an attractive name and its website looks professional, but those are the only pluses we can find for this broker. These aren’t significant advantages, not when we’re dealing with an unlicensed broker (or it claims to have a license as an offshore regulator that doesn’t require any reporting or standards from its licensees). It doesn’t offer any names or contact information. In short, with Royal Oak Investment, you have no idea who you’re dealing with. 

We Have Found Problems with Royal Oak Investment

It didn’t take much time to find other problems with Royal Oak Investment. They offer bonuses, which sound great, but they’re a trap. With false promises of bonuses, they justify not granting withdrawals unless customers pay 20% fees if they don’t reach a certain trading volume. Basically, Royal Oak Investments holds your money hostage like any crypto scam. In addition, fees are high and the platform is subpar. 

These Classic Red Flags Indicate Royal Oak Investment May Be a Broker Scam

• No license
• No transparency
• Bonus trap
• Suspected Ponzi crypto scam and MLM
• Misleading claims
• Negative reviews

What You Should Do If You Have an Account with Royal Oak Investment

 If you currently hold an account with Royal Oak Investment, close it and demand an immediate withdrawal of all of your funds. If you do not receive a withdrawal from this broker contact CryptoCoinTrace experts. We consult with clients, advise them on claims and have the tools and methods to track down your funds. The sooner talk to us, the greater the chances of a successful claim!

Is MetaFi Yielders a Legitimate or a Scam Broker?

MetaFi Yielders seems to offer it all to traders. It was a cryptocurrency trading deal that would give clients a daily return of 1% to 3%. Guaranteed returns on a risky asset. What could be better? Well, as suspected, no one can promise how much you’re going to make from any kind of trade. However, customers were sure this was the real thing because there was a real person behind the company–CEO Michael Daher. We’ll hear more about him later. 

We Have Found Problems with MetaFi Yielders

Like all crypto scams, MetaFi Yielders finally went bust, or rather, they ran out of fake returns to give people. Like all Ponzi schemes, the customers get initial returns and start believing in the scheme. These returns actually are just deposits from new clients–no trading was going on. When MetaFi Yielders could no longer fund these fake returns, customers got angry. Michael Daher claimed that he was used as a fall guy. If he was the main person behind this operation, how could he have been duped? Still, he insists on his innocence and says others were forcing him to push the crypto scam. 

These Classic Red Flags Indicate MetaFi Yielders May Be a Broker Scam

• No license
• False promises of returns
• Suspected Ponzi crypto scam and MLM
• Misleading claims
• Negative reviews

What You Should Do If You Have an Account with MetaFi Yielders

 If you currently hold an account with MetaFi Yielders, close it and demand an immediate withdrawal of all of your funds. If you do not receive a withdrawal from this broker contact CryptoCoinTrace experts. We consult with clients, advise them on claims and have the tools and methods to track down your funds. The sooner talk to us, the greater the chances of a successful claim!