Warning: Is Crypterax a Scam?

Investigation: Crypterax (crypterax.com)

Crypterax (crypterax.com) has been flagged as a suspected illicit operation.

Crypterax appears to be a investment platform, but it is illegal by any major authority, like the ASIC or CySEC.

Cannot Withdraw from Crypterax?

If Crypterax refuses to release your capital, you need to act. Submit the inquiry below to talk to our recovery team for a no-obligation consultation.

Is Crypterax Legit?

Crypterax operates without supervision.

Trading with unlicensed entities is extremely risky. Trusted firms are must be registered with bodies like the FINRA or FCA for your protection.

Crypterax operates without this protection. As a result, there is no protection if they keep your funds. Most investment fraud involve unregulated entities, and recovering money from them is challenging without expert help.

For example, in the UK, unauthorized firms are outside the jurisdiction of the compensation schemes. In America, they are not members of regulatory bodies, meaning your capital is completely exposed.

Warning Signs of Crypterax

Investment fraud is evolving. Criminals use manipulation to steal your savings. Below are typical tactics used by sites similar to Crypterax (crypterax.com).

The "Romance" Trap

The "Romance Scam" is a cruel tactic where scammers groom victims over months. They fake a relationship online. Eventually, they mention a special crypto opportunity. It is a lie to lure you onto a fake platform like Crypterax.

The "Bonus" Trap

Fraudsters create websites that look exactly like real trading apps. They have charts and profits that go up. But it is a simulation. The broker manipulates the prices to make you feel rich to deposit more. If you ask for a payout, the "profits" disappear.

Red Flags

• Cold Calling: You get calls from "brokers" you don't know.
• No License: The firm lacks authorization.
• Guaranteed Profits: They guarantee huge profits with no risk.
• Cannot Withdraw: They refuse withdrawals. They demand "tax fees" before releasing funds.
• Pressure Tactics: "Account managers" push you to invest bigger amounts.

Ignore positive ratings. Scammers often post their own 5-star reviews to appear real.

Verdict

We advise against Crypterax. It appears to be a fraud. Save your funds and use a regulated broker. Avoid crypterax.com at all costs.