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Do You Want to Know If Etalbit Is Legitimate or a Scam?
Etalbit says it gives clients the opportunity to trade in cryptocurrency before it hits a market. In other words, it is an ICO–Initial Coin Offering–scheme. Unfortunately, there are many fake ICOs. As careful as you need to be with brokers, ICO require twice as much caution, because you are being asked to invest in something that doesn’t exist yet.
There Are Some Problems with Etalbit
With ICO schemes, Etalbit can easily claim to their clients that they lost money because the new coin didn’t take off. Even if clients were told they made money, Etalbit alleged that the taxes and fees meant they would get no money. Worst of all, there is a good reason to suspect Etalbit is a phishing scam that steals data and cryptocurrency from clients. Etablit is, of course, unregulated and is the worst kind of scam. Stay away.
Red Flags that Etalbit Could Be a Scam
- No license
- ICO scam
- Does not allow clients to withdraw money
- Suspected of phishing
- Negative reviews
If You Need Fund Recovery from Etalbit, Talk to Us
We create these reviews to warn consumers about brokers and schemes that may be fraudulent. If you have an account with Etalbit, close it and request a withdrawal. If you are not given your money back, contact Broker Complaint Registry right away. We will consult with you, work to track down your funds and create investigative reports, and will assist with fund recovery efforts.