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ALERT | Crypto-UPDATE24.Com Review: Is it Legit or a Scam

1.0

Scam Company

1 out of 5 stars (based on 2 reviews)

EXCLUSIVEFOREXTRADINGS.COM INVESTIGATION HIGHLIGHTS

Item Description	Website Information
COMPANY NAME:	Crypto-UPDATE24.Com
COMPANY ADMIN:	Romeo Alvarez (Company Director)
REGULATION:	Unregulated
HEADQUARTERS	4512 Mahlon Street, Sayreville, New Jersey, USA
OPINION ON SOCIAL MEDIA AND REVIEW SITES:	Negative
PRIMARY PHONE NUMBER:	+17604060178 (US)
CONTACT EMAIL:	support@crypto-update24.com (active)
WEBSITE URL:	https://www.crypto-update24.com/
WEBSITE IP:	199.188.200.173
IP COUNTRY:	US
DOMAIN CREATION DATE:	2022-05-13
HOSTING:	Namecheap

August 31, 2022
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Disclaimer: The information on this document was based on information gathered during the website investigation period. Please note that the information provided might be outdated because there might have been changes on the investigated website (i.e. website had been suspended or website had changed owners and changed its content).

What Is Crypto-UPDATE24.Com About?

In this day and age, making a website and posing as a fake business has become incredibly easy. Organizations just need to plug and play a website template, add filler content, and they are on their way to posing as an authentic organization. One such organization is Crypto-Update 24, this company is trying to gain from the losses of others.

They are setting up fake sites, in hopes that new investors will come their way and ask them to manage their crypto wallet, earnings, and so much more. However, what these innocent investors forget is that you should always get complete details about the organization you are working with as it may just be a dupe company. This is what we are here to help you with! Keep on reading to find out about all the ongoings of Crypto-Update 24 through this detailed company review. Just a heads up, this company is NOT what they claim to be!

What Is Crypto-UPDATE24.Com Offering or Promising to Clients?

Up front Crypto-update24.com big profits to its customers. The website operates in the finance sector, which includes a wide range of companies that manage money, such as credit unions, provides economic services. Bellow are what Crypto-update24.com promises its clients based on the site:

Leading-edge expertise and services in finance
Financial Advisors with industry-leading skills and offerings
Market-leading expertise and services in sales and trading

Is Crypto-UPDATE24.Com Legit or Scam?

Is Crypto-UPDATE24.Com Licensed?

The Financial Conduct Authority (FCA) has placed the company on its warning list of unlicensed businesses in the UK. ‘This firm is not authorized by us and is targeting people in the UK,’ the FCA declares firmly.

SOURCE: https://www.fca.org.uk/news/warnings/cryptoupdate24

Crypto-update24 cannot be legit because everything about them is a scam. We should point to you that the FCA, the UK’s financial authority, has also taken notice of this business or website.

The FCA has noted that even though they are not permitted to function as a broker or investment platform, they are illegally pursuing UK residents with a financial product. You risk losing your money if you register an account with Crypto-update24 and transfer money there. This is obvious.

Real investing does not exist. Forget about the profits that were promised because these people aren’t making money from trading or providing services to other people to make money.

They claim to be based in the UK, but who can say for sure whether this is accurate? In actuality, Crypto-update24 utilizes a physical address that is also used by websites like funds-income.com and crypto-plus.co.

DO YOU SUSPECT THAT SOMEONE HAD SCAMMED YOU?

If you have suspicions of a scam or phishing attack, you can rely on experts to help you with protection, mitigation, and fund recovery.

You will feel safe knowing that experts with years of experience will be guiding you!

Crypto-update24.com Terms and Conditions

Looking into the legal documents. The terms and conditions of Crypto-update24.com are inadequate to cover all the necessary conditions for a website offering financial services. Because the policy is lacking, investors are not legally secure when investing on the site. There is even no clear withdrawal policy when investors want to withdraw their money.

Similar or Duplicate Sites Detected

Looking through the web, we found that Crypto-UPDATE24.Com has similar websites. Upon further investigation, we found that their structure and offers are similar and we didn’t find any mention of affiliation between the websites. On the list, Crypto-UPDATE24.Com seems to be the youngest website which was made during mid-2022. We suspect that this might be a network of unauthorized offshore brokers or the sites could be involved in a scam network.

Below are some of the websites that we found similar to Crypto-update24.com

https://www.crypto-update24.com/?a=home
https://exxonfx.co.uk/
https://zilextrade.com/
https://coin-profits.net/
https://www.topratedfxbits.com/index.html
https://profit-enterprise.com/
https://coin-vaults.com/?a=home
https://cornerstone-traders.com/
https://fxassetstrade.online/

If you were scammed by an offshore broker, then contact us to help you get your money back. We are partnered with the best asset recovery firms in the industry.

Opinion Online and on Social Media

The domain name of the site was just recently registered. This indicates that the website is truly fairly new and that few, if any, users have had the opportunity to post reviews or comments on social media. Therefore, it is best to carefully examine this website to ensure that a scammer did not set it up.

We tried to see the opinion of people on social media and found that that crypto-update24.com has no official social media account. The only mentions on social media are accounts that are promoting it.

Also, we searched the people listed as staff on the site and based on what we can see the names are fake. The person on the right is Vimal Gor, a fund manager and the other 2 are unidentifiable. This is another red flag that shows that the website is a scam site.

Comparing Crypto-UPDATE24.Com To Well Established Companies

For consumers in the United States, Binance offers more than 65 tradable coins. As a result, cryptocurrency traders and investors have a wide range of choices.

Due to the platform’s low fees, trades can keep a larger portion of their profits. Spot trading, margin trading, and peer-to-peer trading are a few of the trading alternatives provided by Binance. Only a handful of the many order types that are accessible include limit orders, market orders, stop-limit orders, stop market orders, trailing stop orders, post-only orders, and orders in which one cancels the other.

How to Get Your Money Back If You Were Scammed by Crypto-UPDATE24.Com?

The best option for recovering your lost funds from CRYPTOUPDATE24 is to report your case and how can you do that? Simply head on over to the EzChargeback contact us page, fill out the reporting form on that page and our aid specialists will get back to you.

From there we will refer you to a dedicated group of money-recovery experts who have already assisted hundreds of fraud victims in getting their money back. Anyone can report their scam case to us, and receive a free consultation by completing a brief complaint form.

EzChargeback also have guides on how to be protected from scams, and there are some additional steps you might take to get your money back and some actions you could take to stop continued fraud:

To prevent scammers from being able to take more of your money, change all of your banking passwords.
Remove any remote access software that the scammers suggested you install on your computer so they could access it and assist you. In actuality, all they sought was access to your banking systems.
Notify the appropriate authorities, and tell others about your experience online and with your social network.
Never trust a recovering money agency that asks for a fee, and always exercise caution.