Warning: Is CoinEvo a Scam?

Investigation: CoinEvo (coinevo.co)

CoinEvo (coinevo.co) has been identified as a suspected fraud platform.

We found that the company name is Lilac Group LLC, it is located at First Floor, First St Vincent Bank Ltd Building, James Street, Kingstown, Saint Vincent and the Grenadines, and the support email is support@coinevo.co.

CoinEvo appears to be a investment firm, but it appears not authorized by any top-tier financial regulator, like the ASIC or CySEC.

Victim of CoinEvo?

If CoinEvo refuses to return your capital, time is critical. Fill out the inquiry below to speak with our cyber-forensics team for a no-obligation case evaluation.

Can You Trust CoinEvo?

CoinEvo runs without regulation.

Trading with unlicensed brokers is very unsafe. Real firms are must be authorized with bodies like the SEC, ASIC, or FCA to ensure consumer safety.

CoinEvo lacks this supervision. As a result, there is no legal recourse if they steal your funds. Many online scams use unlicensed entities, and recovering funds from them is difficult without professional assistance.

For example, in the UK, unauthorized firms are outside the jurisdiction of the compensation schemes. In the US, they are not members of SIPC, meaning your money is completely exposed.

How CoinEvo Might Scam You

Online trading fraud is getting smarter. Fraudsters use manipulation to take wealth. Here are common tactics used by sites similar to CoinEvo (coinevo.co).

Dating App Scams

"Pig Butchering" is a common method where scammers groom victims over months. They fake a friendship online. Eventually, they introduce a secret crypto opportunity. It is a lie to lure you onto a fake platform like CoinEvo.

Rigged Platforms

Fraudsters build websites that look exactly like real trading apps. They have charts and profits that increase. But it is a fake. The scammer manipulates the prices to make you feel rich so you invest more. If you ask for a payout, the "profits" disappear.

Other Warning Signs

• Unsolicited Contact: You get calls from "brokers" you don't know.
• Unregulated: The firm has no legal registration.
• High Returns: They promise huge profits with no risk.
• Withdrawal Issues: You cannot get your money out. They ask for "tax fees" first.
• Pressure Tactics: Agents push you to deposit more.

Do not trust positive ratings. Fraudulent brokers often post their own 5-star comments to look legitimate.

Conclusion

We advise against CoinEvo. It is likely a scam. Save your funds and find a regulated broker. Avoid coinevo.co at all costs.