Warning: Is Cryptofamas a Scam?

Cryptofamas (cryptofamas.com) Review

We reviewed Cryptofamas (cryptofamas.com) and found critical issues.

Cryptofamas appears to be a financial firm, but it appears unregulated by any top-tier authority, such as the FCA or SEC.

Scammed by Cryptofamas?

If you believe you have been scammed by Cryptofamas, act immediately. Fill out the form below to speak with our recovery team for a free consultation.

Is Cryptofamas Safe?

Cryptofamas runs without regulation.

Investing with unlicensed firms is extremely risky. Legitimate firms are always licensed with bodies like the FINRA or FCA to protect investors.

Cryptofamas lacks this protection. This means there is no safety net if they keep your money. Many online scams involve unlicensed entities, and recovering funds from them is challenging without expert assistance.

For example, in Europe, unauthorized firms are outside the jurisdiction of the Financial Ombudsman. In the US, they are not part of regulatory bodies, so your capital is completely exposed.

Common Scam Tactics

Online trading fraud is getting smarter. Fraudsters use psychological tricks to take wealth. Here are typical methods used by brokers like Cryptofamas (cryptofamas.com).

Pig Butchering & Romance Scams

The "Romance Scam" is a common tactic where scammers build trust over months. They build a friendship online. Once trust is built, they introduce a special crypto opportunity. It is a lie to lure you onto a scam site like Cryptofamas.

The "Bonus" Trap

Scammers create websites that mimic real trading apps. You see graphs and balances that go up. But it is a game. The scammer controls the prices to make you feel rich to deposit more. If you ask for a payout, the "profits" are gone.

Red Flags

• Cold Calling: They call you from "brokers" out of the blue.
• Unregulated: The company has no authorization.
• Guaranteed Profits: They guarantee 1% daily returns with no risk.
• Withdrawal Issues: They refuse withdrawals. They demand "tax fees" first.
• Pressure Tactics: Agents pressure you to deposit more.

Ignore fake reviews. Fraudulent brokers frequently write their own positive comments to appear real.

Conclusion

We do not recommend Cryptofamas. It appears to be a fraud. Save your funds and use a licensed broker. Avoid cryptofamas.com at all costs.