Warning: Is Coinory.net a Scam?

Is Coinory.net (coinory.net) a Scam?

Be careful of Coinory.net (coinory.net); it shows many indicators of a fraudulent scheme.

Coinory.net presents itself as a trading provider, but it appears currently unlicensed by any credible financial regulator, like the ASIC or CySEC.

Cannot Withdraw from Coinory.net?

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Can You Trust Coinory.net?

Coinory.net operates without supervision.

Investing with unregulated entities is very unsafe. Real firms are always licensed with agencies like the FCA, CySEC, or CFTC to ensure consumer safety.

Coinory.net operates without this protection. This means there is no legal recourse if they keep your funds. Most online scams involve unlicensed actors, and getting back money from them is difficult without expert assistance.

For instance, in Europe, unauthorized firms are outside the jurisdiction of the compensation schemes. In the US, they are not part of regulatory bodies, so your money is completely exposed.

How They Steal Money

Investment fraud is getting smarter. Criminals use manipulation to steal wealth. Below are common tactics seen in brokers like Coinory.net (coinory.net).

Dating App Scams

"Pig Butchering" is a common tactic where scammers build trust over weeks. They build a relationship on social media. Once trust is built, they introduce a secret crypto opportunity. It is a lie to get you onto a scam site .

Rigged Platforms

Scammers create websites that mimic legit trading apps. They have charts and profits that increase. But it is a simulation. The broker manipulates the prices to make you feel rich to deposit more. If you ask for a payout, the "profits" disappear.

Red Flags

• Cold Calling: They call you from "brokers" out of the blue.
• Unregulated: The company has no authorization.
• Guaranteed Profits: They guarantee huge profits with no risk.
• Cannot Withdraw: They refuse withdrawals. They ask for "tax fees" before releasing funds.
• Pressure Tactics: "Account managers" pressure you to invest bigger amounts.

Do not trust fake reviews. Fraudulent brokers often post their own 5-star comments to look legitimate.

Verdict

We advise against Coinory.net. It is likely a scam. Save your funds and find a licensed broker. Avoid coinory.net at all costs.