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Cryptolead Inc

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Risk Level - High

Scam Evidence & Warnings

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The UK regulator FCA issued a warning against Cryptolead-Inc The Financial Conduct Authority (FCA) issued a warning against Cryptolead-Inc on Mar 29, 2023, believing this broker might be providing financial services or products in the UK without authorization: https://www.fca.org.uk/news/warnings/cryptolead-inc

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BrokersView has reviewed that Cryptolead-Inc is an unregulated broker Cryptolead-Inc claims to be a legit broker by displaying the Certificate of incorporation issued by Companies House (CH). However, it should be noted that the CH is only a registrar of companies, responsible for incorporating and dissolving limited companies. The authority to regulate financial services industry in the UK rests with the Financial Conduct Authority (FCA). But when searching for this London-based broker in FCA, we found it was listed as an unauthorized firm by the authority for offering financial services in the UK without authorization.The truth is, Cryptolead-Inc is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

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BrokersView has identified that Cryptolead Inc's website is currently offline BrokersView found that the domain "https://www.cryptolead-inc.com/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

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