On May 8th, 2024, Cryptocointrace received word about a potential fraud via its CRM system. The SEC also cautioned that this might be a scam. Cryptowisex is not regulated. They offer crypto trading services but there is little company information available. There have been reports of server issues during peak times and slow customer service responses. 

Due to the lack of regulation and transparency, steer clear of cryptowisex.

What To Do If You Were Scammed By This Broker

Make sure you gather all the information from the broker and records of communication, including bank statements. File a complaint with the local authorities and financial regulators in your country. 

Report a Scam

Report the scam to Cryptocointrace, an organization dedicated to investigating online scams and assisting victims in the process of fund recovery.