Caution Investors CryptoGoldtrust – Regarding Emerging Digital Threats including ICOs and crypto-assets
CryptoGoldtrust Review: Is It a Scam or a Legit Investment Platform?
CryptoGoldtrust is a platform that claims to offer high returns on investments in crypto-assets, such as Bitcoin, Ethereum, and Litecoin. The website also claims that the platform is regulated by the Financial Conduct Authority (FCA) and that it has a physical address in the UK. But is CryptoGoldtrust a scam or a legit investment platform? In this review, we will examine the following aspects of CryptoGoldtrust:
– Regulation and Compliance
– Customer Reviews
– Products and Services
– Location
– Customer Service
– Conclusion
Regulation and Compliance
One of the most important factors to consider when choosing an investment platform is whether it is regulated by a reputable authority. This ensures that the platform follows certain rules and standards to protect investors from fraud and misconduct. CryptoGoldtrust claims that it is regulated by the FCA, which is the main financial regulator in the UK. However, a quick search on the FCA’s website reveals that CryptoGoldtrust is not authorised or registered by the FCA. In fact, the FCA has issued a warning against CryptoGoldtrust, stating that it is an unauthorised firm that may be involved in scam activities. The FCA advises investors to avoid dealing with unauthorised firms and to report them if they have been contacted by them.
Customer Reviews
Another way to assess the credibility of an investment platform is to look at the customer reviews and feedback. This can give an insight into the quality of the products and services, as well as the customer satisfaction and trust. CryptoGoldtrust has a section on its website where it displays some testimonials from its alleged customers. However, these testimonials are very vague and generic, and they do not provide any specific details or evidence of the transactions or returns. Moreover, these testimonials are likely to be fake or fabricated, as there are no independent or verified sources that confirm them. On the contrary, there are many negative reviews and complaints about CryptoGoldtrust on other websites and forums, such as Trustpilot, Reddit, and Scamwatch. These reviews claim that CryptoGoldtrust is a scam that does not pay out any profits, that it uses fake or stolen identities and credentials, and that it blocks or ignores any communication from its customers.
Products and Services
CryptoGoldtrust claims to offer various products and services related to crypto-assets, such as trading, mining, staking, lending, and ICOs. The website also claims that the platform has access to advanced technology and expertise that can generate high returns on investments. However, these claims are not backed up by any proof or explanation of how the platform works or what kind of risks or fees are involved. Furthermore, some of the products and services that CryptoGoldtrust offers are very risky or illegal, such as ICOs and crypto-assets that are not regulated or recognised by any authority. Investing in these products and services can expose investors to high losses or legal consequences.
Location
CryptoGoldtrust claims to have a physical address in the UK, which is 46 Maidstone Road, wensley, DL8 1DX. However, this address is not registered or verified by any official source, such as Companies House or Google Maps. Moreover, this address is likely to be fake or misleading, as it does not match the phone number or email address that CryptoGoldtrust provides on its website. The phone number (+44 203 807 5990) is a London-based number, while the email address ([email protected]) is a generic domain name that anyone can register. Additionally, there are reports that CryptoGoldtrust uses different addresses and contact details on different occasions, which suggests that it is trying to hide its true identity and location.
Customer Service
CryptoGoldtrust claims to have a professional and responsive customer service team that can assist investors with any queries or issues. The website also claims that the platform has a live chat feature and a social media presence on Facebook, Twitter, Instagram, and YouTube. However, these claims are not true or consistent with the reality. Many customers have reported that CryptoGoldtrust does not respond to any emails or calls and that it blocks or deletes any negative comments or messages on its website or social media accounts. The live chat feature on the website is also non-functional or automated, and it does not provide any useful or relevant information. Furthermore, the social media accounts of CryptoGoldtrust are very inactive or suspicious, as they have very few followers or posts, and they do not engage with any customers or users.
Conclusion
Based on our review of CryptoGoldtrust, we can conclude that it is a scam or a fraudulent investment platform that should be avoided at all costs. The platform has many red flags and warning signs that indicate that it is not regulated, trustworthy, transparent, or reliable. The platform also has many negative reviews and complaints from customers who have lost money or been scammed by it. Therefore, we advise investors to stay away from CryptoGoldtrust and to report it to the relevant authorities if they have been contacted by it or have fallen victim to it.
