9.5/10
Alliance Limited
ASIC's January 2021 crypto scam alert says Alliance Limited's website misleads crypto investors, shows ASIC's logo, and that consumers could not get their money back after investing.
Scam verification directory
Scam Directory: Risk Reports on Sites, Brokers & Apps
Suspicious sites, brokers and apps, each with a risk score, the red flags reported for it, and what to do if you already paid.
Short answer
To check if a website is a scam, compare its name and domain with an independent risk report before you pay, log in, or share a code. This directory lists suspicious sites, brokers and apps with a 0 to 10 risk score, the red flags reported for each one, and what to do if you have already sent money.
Critical and high-risk reports are also collected on the alerts feed. Open a report for the full analysis, sources and recovery steps.
- Critical Risk 37
- High Risk 7
- Medium Risk 0
- Low Risk 0
Risk reports, highest risk first
- 9.5/10
Beurax Corporation Pty Ltd (beurax.com)
ASIC alerted investors in March 2021 to Beurax Corporation Pty Ltd and beurax.com, saying investors cannot withdraw and the firm stopped communicating, and advising not to send further funds.
- 9.5/10
www.cambridgeassetmanagement.com
ASIC's alert tells consumers not to deal with www.cambridgeassetmanagement.com, allegedly run by a Hong Kong entity, and says Australians have reported being unable to withdraw invested money.
- 9.5/10
CoinW6
The SEC charged CoinW6 in September 2024, alleging a fake crypto platform promoted through relationship-building contacts, with fictitious balances and demands for extra payments when investors tried to withdraw.
- 9.5/10
GA Investors
The SEC filed a fraud complaint in May 2023 against GA Investors and unnamed operators over dozens of websites allegedly promoting bogus crypto asset investments with guaranteed returns.
- 9.5/10
limestonefx.com
ASIC issued a suspicious website alert for limestonefx.com in May 2021, saying it falsely claims association with Limestone FX Pty Ltd and that investors report being unable to withdraw.
- 9.5/10
NanoBit
In September 2024 the SEC charged NanoBit Limited and others over an alleged fake crypto trading platform promoted in WhatsApp groups, alleging investors lost funds sent to overseas accounts.
- 9.5/10
Yepbit and Yepbit Exchange
ASIC warns against dealing with Yepbit and Yepbit Exchange after reports that investors cannot withdraw funds, and says the firm's claim that ASIC froze funds is false.
- 9.0/10
appasiccoin.org
ASIC warned in October 2022 that appasiccoin.org uses crypto to scam Australians and falsely claims ASIC endorsement. ASIC's advice is not to invest in the product.
- 9.0/10
Blockaid-rec / REC Solution (clone firm)
The FCA has warned that Blockaid-rec / REC Solution is not authorised and is a clone of an authorised firm, Exodus Financial Services Limited. Do not deal with it; verify firms via the FCA Firm Checker.
- 9.0/10
certifiedcryptoexpert.net / lawfinancialservices.com / adviceoffice.net / currencycertified.com (clone firm)
The FCA has warned that certifiedcryptoexpert.net / lawfinancialservices.com / adviceoffice.net / currencycertified.com is not authorised and is a clone of an authorised firm, Law Financial Services Ltd, an authorised firm. Do not deal with it; verify firms via the FCA Firm Checker.
- 9.0/10
cp-group.cc (clone firm)
The FCA has warned that cp-group.cc is not authorised and is a clone of an authorised firm, Clearpath Financial Ltd. Do not deal with it; verify firms via the FCA Firm Checker.
- 9.0/10
FairPCP (clone firm)
The FCA has warned that FairPCP is not authorised and is a clone of an authorised firm, Bamboo Marketing NW Limited. Do not deal with it; verify firms via the FCA Firm Checker.
- 9.0/10
fortradelimited.com (clone firm)
The FCA has warned that fortradelimited.com is not authorised and is a clone of an authorised firm, Fortrade Limited. Do not deal with it; verify firms via the FCA Firm Checker.
- 9.0/10
gsbcapital.pro (clone firm)
The FCA has warned that gsbcapital.pro is not authorised and is a clone of an authorised firm, GSB Capital Ltd. Do not deal with it; verify firms via the FCA Firm Checker.
- 9.0/10
Invictait.vip (clone firm)
The FCA has warned that Invictait.vip is not authorised and is a clone of an authorised firm, Invicta Securities Limited. Do not deal with it; verify firms via the FCA Firm Checker.
- 9.0/10
m2recoveries.com / m2recovered.com / cryptoassetrecover.org / Reverse Funds (clone firm)
The FCA has warned that m2recoveries.com / m2recovered.com / cryptoassetrecover.org / Reverse Funds is not authorised and is a clone of an authorised firm, M2 Recovery Ltd. Do not deal with it; verify firms via the FCA Firm Checker.
- 9.0/10
Quanta North/quantanorth.com (clone firm)
The FCA has warned that Quanta North/quantanorth.com is not authorised and is a clone of an authorised firm, North Asset Management LLP. Do not deal with it; verify firms via the FCA Firm Checker.
- 9.0/10
themoneycompass.net (clone firm)
The FCA has warned that themoneycompass.net is not authorised and is a clone of an authorised firm, Money Compass Limited. Do not deal with it; verify firms via the FCA Firm Checker.
- 9.0/10
United Solar Investment
ASIC's March 2023 scam alert says not to deal with or transfer money to United Solar Investment, citing unrealistic returns, no AFS licence and classic pyramid scheme signs.
- 8.5/10
Alis Capital Inc.
The CFTC added Alis Capital Inc. to its RED List in July 2022 as an entity that is not registered with the Commission but appears to be acting in a capacity that requires registration. Treat it as unregistered and high risk.
- 8.5/10
Bit-Finance
BCSC warned on 2021-07-09 that Bit-Finance (bit-finance.io), which says it is UK-based and offers forex, commodity, stock index and crypto trading accounts, is not registered to trade or advise in BC.
- 8.5/10
Bitwaxtrade
BCSC warned on 2021-10-13 that Bitwaxtrade (bitwaxtrade.net), claiming a New Zealand base and a Liverpool, UK office, offers crypto and forex accounts and is not registered to trade or advise in BC.
- 8.5/10
CreditEUBank
BCSC warned on 2021-07-06 that CreditEUBank (crediteubank.com) claims to offer investment plans for trading cryptocurrencies, accepts BC clients and is not registered to trade or advise in BC.
- 8.5/10
Cryptobase
BCSC warned on 2021-07-27 about Cryptobase (cryptobase.team), which claims to be based in the UK and US and to offer crypto mining and trading investment plans, and is not registered to trade or advise in BC.
- 8.5/10
Cryptospair
BCSC warned on 2023-03-23 that Cryptospair, at Cryptospair.com, presents itself as an online crypto trading platform, accepts BC residents and is not registered in BC to trade in or advise on securities or derivatives.
- 8.5/10
CSE
BCSC warned on 2023-11-22 that cseso.com, trading as CSE, runs a crypto trading platform for BC residents without exchange recognition or dealer registration. It says CSE has no relation to the Canadian Securities Exchange.
- 8.5/10
Digital FX Market
BCSC warned on 2021-10-13 that Digital FX Market (digitalfxmarket.com), claiming to be based in Toronto, Ontario and to offer crypto and forex accounts, is not registered to trade or advise in BC.
- 8.5/10
FXBrew
The CFTC added FXBrew to its RED List in July 2022 as an entity that is not registered with the Commission but appears to be acting in a capacity that requires registration. Treat it as unregistered and high risk.
- 8.5/10
m.bit-support-gemini.com
BCSC warned on 2024-08-23 about m.bit-support-gemini.com, a site claiming to run a crypto trading platform for BC residents without recognition or registration. The notice says it has no relation to Gemini Trust Company, LLC.