Is DeFI Coin Market Investment a Legitimate or a Scam Broker?
DeFI Coin Market has been flagged by the FCA as a suspected scam broker. They have given many reasons to steer clear of this broker. There is a hint that there could be a problem with this financial service. It has the term DeFi in its name, and many of these entities resist regulation and don’t have licenses. Not surprisingly, DeFI Coin Market doesn’t have a license, which is one of the main reasons the FCA is warning people about it.
We Have Found Problems with DeFI Coin Market
The FCA has also noted that DeFI Coin Market is involved in suspicious activities. This category fits many issues, including misleading statements and may even include market manipulation. It is also in the category of a questionable exchange which can hide exploitative activities and even in some cases, financial crime. We don’t know whether DeFI Coin Marke is doing anything that is actually illegal, but with a warning from the FCA we’d stay away.
These Classic Red Flags Indicate DeFI Coin Market May Be a Broker Scam
- No license
- No transparency
- Misleading claims
- Flagged by FCA
- Negative reviews
What You Should Do If You Have an Account with DeFI Coin Market
If you currently hold an account with DeFI Coin Market 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!