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Unregulated
Fintoch is a cryptocurrency trading platform where users can borrow money and invest in others for profit. It might look like it offers great investment chances, and you might have seen recommendations in emails, forums, chat groups, and on social media. But is it really safe and reliable? Let’s find out.
Fintech is a cryptocurrency trading platform where users can borrow money and invest in others for profit. It claims its DeFi platform is secure, thanks to its unique HyBriid blockchain technology. The investment plan is straightforward: invest at least $100, and you get a 1% return on your investment every day.
No, Fintech is not safe because it is not a trusted broker. It is not regulated by a financial authority with strict standards. One red flag is the lack of information about the founder or top management. Additionally, Fintech falsely claimed that Morgan Stanley contributed to the project. Morgan Stanley issued a statement denying any knowledge of the company and warned against potential fraud.
Fintech deceived millions of investors worldwide by pretending to offer a secure blockchain investment using exclusive “HyBriid” technology. On May 23, 2023, Fintech stopped processing withdrawal requests for all investors. The company then claimed it had introduced its own blockchain and moved all loan and borrowing contracts to the FTC blockchain. They announced that all users could withdraw their funds and the system would be operational again on June 1, 2023.
However, this statement was false, and the promised withdrawals never happened.
Many online reviews suggest Fintoch is likely a scam. Be careful when dealing with them.
Yes, contact one of our experts to withdraw your funds immediately.
Sometimes, yes. This can happen if the broker was part of a compensation fund or if a court rules in your favor.