Warning: Is CoinField a Scam?

Unregulated

Be careful of CoinField (coinfield.com); it displays several indicators of a scam. Users have reported withdrawal issues.

CoinField (coinfield.com) Review

We analyzed CoinField (coinfield.com) and discovered disturbing details.

We found that the company name is Manticore Labs OÜ, it is located at Metalli 3, 5th Floor, Tallinn 10615 Estonia, and the support email is support247@coinfield.com.

CoinField presents itself as a trading firm, but it is unlicensed by any credible commission.

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Regulatory Check: CoinField

CoinField operates without oversight.

Trading with unregulated entities is extremely unsafe. Legitimate firms are always authorized with agencies like the FCA, CySEC, or CFTC to protect investors.

CoinField lacks this protection. This means there is no legal recourse if they steal your funds. Most investment fraud use unregulated entities, and getting back funds from them is hard without expert help.

For instance, in Europe, unauthorized firms are outside the jurisdiction of the Financial Ombudsman. In America, they are not part of SIPC, so your capital is completely exposed.

How They Steal Money

Online trading fraud is getting smarter. Criminals use manipulation to steal wealth. Here are typical methods seen in brokers like CoinField (coinfield.com).

The "Romance" Trap

The "Romance Scam" is a brutal method where scammers groom victims over months. They fake a friendship on social media. Once trust is built, they mention a special crypto opportunity. It's a trap to lure you onto a fake platform .

The "Bonus" Trap

Scammers build websites that look exactly like legit trading apps. You see graphs and balances that go up. But it is a game. The broker controls the numbers to make you feel rich so you invest more. If you ask for a payout, the "profits" disappear.

Red Flags

  • Cold Calling: You get calls from "brokers" you don't know.
  • Unregulated: The firm has no legal registration.
  • High Returns: They guarantee huge profits or risk-free trades.
  • Cannot Withdraw: You cannot get your money out. They ask for "tax fees" first.
  • Aggressive Sales: "Account managers" pressure you to deposit more.

Do not trust fake reviews. Fraudulent brokers frequently write their own 5-star reviews to look legitimate.

Conclusion

We advise against CoinField. It is likely a fraud. Save your funds and find a regulated broker. Avoid coinfield.com at all costs.