Cointradebtc - It is investment fraud
19.10.2022
Cointradebtc pretends that investors are granted fantastic conditions to make money online trading with crypto money as fast as safe. Everything at Cointradebtc is investment fraud. The money has landed right in the pockets of the investment scammers. Everything the investor sees on his screen is fake. Not a penny has been invested. Nothing is traded on cointradebtc. Can you report similar experiences? What help is there for investment scams? What can investors do who have been scammed by Cointradebtc? How can investors get their money back from rogue providers?
Cointradebtc: Promises on the website are untrustworthy and dubious
What do the perplexed prospective investors read on cointradebtc.world? "Looking for the highest returns on your investments? cointradebtc.world is an automated online investment platform, part of cointradebtc.world, a team of professional traders focused primarily on Bitcoin and other cryptocurrencies traded across multiple exchanges and markets. Thanks to the exceptional diversification of our investments, we can provide a steady income to our investors. Thanks to our company, you can become an investor in the network even without any expertise." This is just a quote with the untrustworthy promises that curious people can find on Cointradebtc's website. Not one of these lofty assurances from Cointradebtc has been delivered. Unfortunately, shady business practices tend to make for disappointed investors and bad experiences!
Cointradebtc: Who is behind it?
Investors will certainly have a hard time answering this question, as the Cointradebtc makers do everything they can to conceal the true circumstances. Undoubtedly, this is nothing out of the ordinary because scammers often run several such websites with the same fraudulent business model. They are created continuously, uploaded to the Internet without pause, and shut down just as swiftly; moreover, the top-level domain is often changed to confuse financial regulators and law enforcement agencies. Among other domains used by investment scammers are coingalaxy.live, newaidcapitalinvestment.com, cryptozats.com, veetcoin.net, instanttradeltd.com as well as nunutrade.co.
Cointradebtc: Who is the operator?
There is hardly anything usable on Cointradebtc's website in this regard. Where the name of the operating company should be, cointradebtc.world is given, as expected without legal form, with the business address 221 Violet Road, London, United Kingdom, E3 3AE. The makers of Cointradebtc are certainly not to be found under this address, after all, it is a fake address. The domain was registered on 01.05.2022 with PDR Ltd. In addition, cointradebtc.world has the usual support email address, but no phone number.
Cointradebtc: Scheme of the investment fraud
The investment fraud continuously plays out according to the notorious scheme: investors initially put in a small amount - usually 250 euros - are impressed by how quickly this amount multiplies and are therefore willing to "invest" higher and higher sums. The worries set in immediately when an investor wants to have his money paid out, because then supposedly taxes, commissions, fees or whatever have to be paid all at once. Unfortunately, many investors do not realize until it is too late that they have fallen for an investment scam and that there was never any intention to pay out the money again.
Cointradebtc: What help is available in case of investment fraud?
What to do in case of investment fraud, many aggrieved investors ask themselves, because criminal charges hardly make sense, since criminal charges primarily serve the prosecution, but not the recovery of the money. What kind of help can one hope for in investment fraud cases and how do aggrieved investors get their money back? A lawyer specializing in investment fraud knows how to follow the money trail, because as it used to be said, money is not gone, but somewhere else. Today, one can add: It is tricky, but with the appropriate tools it is possible to trace money systematically digitally - even if it was transferred with Bitcoin via a Crypto Exchanger.
RESCH Attorneys at Law - Experience in investor protection since 1986
If you have been a victim of Cointradebtc and want to know if and how you can get your money back, call +49 30 885 9770 or fill out the questionnaire. You will receive a free assessment of your case.
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