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CoinCoreX
Operating status: SCAM
Website: https://coincorex.com/
Broker violations and abnormal records
On Apr 5, 2024, the Federal Financial Supervisory Authority (BaFin) warned consumers about the services offered by the company Coincorex (coincorex.com), which is offering financial and investment services without the required authorization. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2024/meldung_2024_03_18_CoinCoreX_en.html
On Apr 5, 2024, the Federal Financial Supervisory Authority (BaFin) warned consumers about the services offered by the company Coincorex (coincorex.com), which is offering financial and investment services without the required authorization. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2024/meldung_2024_03_18_CoinCoreX_en.htmlAccording to its website, it claims to have a registered address in England, but then it can obtain Financial Conduct Authority (FCA) supervision. After inquiries, no matching information was found.
In addition, the Federal Financial Supervisory Authority (BaFin) warned consumers about the services offered by the company Coincorex (coincorex.com), which is offering financial and investment services without the required authorization.
In essence, Coincorex is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.
Coincorex appears to be a scam.
According to its website, it claims to have a registered address in England, but then it can obtain Financial Conduct Authority (FCA) supervision. After inquiries, no matching information was found.In addition, the Federal Financial Supervisory Authority (BaFin) warned consumers about the services offered by the company Coincorex (coincorex.com), which is offering financial and investment services without the required authorization.In essence, Coincorex is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.Coincorex appears to be a scam.BrokersView found that the domain "coincorex.com" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.
BrokersView found that the domain "coincorex.com" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.
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