Warning: Is YieldNodes a Scam?
Be careful of YieldNodes (yieldnodes.com); it displays several indicators of a scam. It appears to be unlicensed.
Investigation: YieldNodes (yieldnodes.com)
YieldNodes (yieldnodes.com) has been identified as a potential scam platform.
We found that the company name is Exceptional Media Limited, it is located at Flat A, 15/F, Hillier Commercial Bldg. 65-67 Bonham Strand East, Hong Kong, and the phone number is '+35699957217.
YieldNodes claims to be a investment platform, but it is unlicensed by any credible commission, like the ASIC or CySEC.
Victim of YieldNodes?
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Safety Analysis: YieldNodes
Our investigation confirms that YieldNodes is missing a valid license.
Trading with unlicensed firms is extremely unsafe. Real firms are always authorized with agencies like the FINRA or FCA for your protection.
YieldNodes operates without this supervision. As a result, there is no protection if they keep your money. Many online scams involve unlicensed actors, and getting back funds from them is challenging without expert help.
For example, in the UK, unauthorized firms are not covered by the Financial Ombudsman. In the US, they are not members of SIPC, so your capital is completely exposed.
Warning Signs of YieldNodes
Investment fraud is evolving. Fraudsters use social engineering to steal wealth. Here are typical methods seen in brokers like YieldNodes (yieldnodes.com).
Pig Butchering & Romance Scams
The "Romance Scam" is a cruel method where scammers groom victims over weeks. They fake a relationship on social media. Eventually, they mention a special crypto opportunity. It's a trap to get you onto a fake platform like YieldNodes.
The "Bonus" Trap
Scammers create websites that mimic legit trading apps. They have charts and profits that go up. But it is a game. The broker controls the numbers to convince you 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.
- Unregulated: The company has no authorization.
- Guaranteed Profits: They promise huge profits or risk-free trades.
- Cannot Withdraw: You cannot get your money out. They ask for "tax fees" before releasing funds.
- Aggressive Sales: "Account managers" push you to invest bigger amounts.
Ignore fake reviews. Scammers frequently post their own positive comments to look legitimate.
Final Thoughts
We advise against YieldNodes. It is likely a scam. Save your funds and use a licensed broker. Avoid yieldnodes.com at all costs.
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