Warning: Is BlockCryptoms a Scam?

BlockCryptoms (blockcryptoms.com) Review

We audited BlockCryptoms (blockcryptoms.com) and discovered disturbing issues.

BlockCryptoms claims to be a financial platform, but it is currently not authorized by any major financial regulator, like the ASIC or CySEC.

Victim of BlockCryptoms?

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Regulatory Check: BlockCryptoms

The biggest sign is that BlockCryptoms (blockcryptoms.com) is unauthorized to operate.

Trading with unlicensed brokers is highly risky. Legitimate firms are must be registered with agencies like the SEC, ASIC, or FCA to ensure consumer safety.

BlockCryptoms lacks this supervision. As a result, there is no protection if they steal your funds. Most online scams involve unlicensed entities, and getting back funds from them is hard without professional help.

For example, in the UK, unlicensed firms are not covered by the compensation schemes. In the US, they are not part of SIPC, meaning your capital is completely exposed.

How They Steal Money

Online trading fraud is getting smarter. Criminals use psychological tricks to take wealth. Here are common tactics seen in brokers like BlockCryptoms (blockcryptoms.com).

Dating App Scams

The "Romance Scam" is a brutal method where scammers groom victims over months. They build a friendship online. Once trust is built, they introduce a "lucrative" investment. It is a lie to get you onto a scam site like BlockCryptoms.

Fake Trading Dashboards

Scammers create websites that mimic legit trading apps. They have charts and balances that increase. But it is a simulation. The scammer controls the numbers to convince you to deposit more. If you ask for a payout, the "profits" are gone.

Other Warning Signs

• Unsolicited Contact: They call you from "brokers" you don't know.
• Unregulated: The firm has no legal registration.
• High Returns: They guarantee 1% daily returns 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 deposit more.

Do not trust fake reviews. Fraudulent brokers often post their own positive comments to appear real.

Final Thoughts

We do not recommend BlockCryptoms. It appears to be a scam. Protect your money and find a regulated broker. Avoid blockcryptoms.com at all costs.