The US CFTC adds CryptoLifeTrade to its RED List On June 12, 2023, the US Commodity Futures Trading Commission (CFTC) added CryptoLifeTrade to its RED List for illegal operations: https://www.cftc.gov/PressRoom/PressReleases/8716-23.

BrokersView has reviewed that CryptoLifeTrade is an unregulated broker CryptoLifeTrade claims to be regulated by the US Commodity and Futures Trading Commission (CFTC), which is denied in a press released by the CFTC. This broker also purports to be regulated by the Belize Financial Services Commission (Belize FSC) and the Cyprus Securities and Exchange Commission (CySEC), but our search for it in the registers of the aforementioned authorities found no matching records either.In essence, CryptoLifeTrade is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

BrokersView has identified that CryptoLifeTrade's website is currently offline BrokersView found that the domain "https://cryptolifetrade.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.