Warning: Is Ybitaz a Scam?

Investigation: Ybitaz (ybitaz.com)

We reviewed Ybitaz (ybitaz.com) and discovered concerning details.

Ybitaz presents itself as a trading firm, but it appears currently unregulated by any major authority, such as the FCA or SEC.

Scammed by Ybitaz?

If you believe you have been tricked by Ybitaz, do not wait. Fill out the form below to consult cyber-forensics experts for a complimentary consultation.

Can You Trust Ybitaz?

Ybitaz operates without oversight.

Trading with unlicensed firms is extremely dangerous. Trusted firms are always registered with agencies like the FINRA or FCA to ensure consumer safety.

Ybitaz operates without this protection. As a result, there is no safety net if they steal your funds. Most investment fraud involve unlicensed actors, and getting back money from them is challenging without expert assistance.

For instance, in the UK, unauthorized firms are outside the jurisdiction of the compensation schemes. In the US, they are not members of SIPC, so your capital is at risk.

Warning Signs of Ybitaz

Online trading fraud is evolving. Scammers use manipulation to steal wealth. Here are typical methods seen in brokers like Ybitaz (ybitaz.com).

Pig Butchering & Romance Scams

The "Romance Scam" is a brutal tactic where scammers groom victims over weeks. They fake a friendship on social media. Once trust is built, they introduce a "lucrative" crypto opportunity. It is a lie to lure you onto a scam site like Ybitaz.

The "Bonus" Trap

Fraudsters create websites that look exactly like real trading apps. They have charts and balances that go up. But it is a game. The broker manipulates the prices to make you feel rich to deposit more. If you ask for a payout, the "profits" disappear.

Red Flags

• Unsolicited Contact: They call you from "brokers" out of the blue.
• Unregulated: The company has no legal registration.
• Guaranteed Profits: 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.
• Pressure Tactics: Agents pressure you to deposit more.

Do not trust fake reviews. Scammers frequently post their own 5-star comments to appear real.

Verdict

Our verdict is to avoid Ybitaz. It appears to be a fraud. Protect your money and find a regulated broker. Avoid ybitaz.com at all costs.