Scam Alert Global

🚨 Warning: LquidPay / Lquid Finance flagged by regulators 🚨

LquidPay (aka Lquid Finance) markets itself as a “Visa-powered, self-custodial Deobank” offering crypto debit cards, fiat conversion, and passive yield. But multiple red flags have now been confirmed by regulators:

⚠️ ASIC (Australia’s regulator) added Lquid Finance to its official Investor Alert List on June 6, 2025, warning it is not licensed to offer financial services or products in Australia.

⚠️ FMA (New Zealand) issued a similar alert on May 2, 2025, after LquidPay failed to prove its legal registration or trademark rights, despite claiming local compliance.

🟥 Additional concerns include:

– No verified Visa partnership despite branding

– Reports of stuck funds and unresponsive support

– Extremely low trust score (0/100 on ScamAdviser)

– Fee structure includes up to 2.3% + $0.50 per transaction

– Ties to individuals linked to past crypto Ponzi schemes (e.g. HyperFund)

📉 User reviews also highlight frozen balances and withdrawal issues. BehindMLM and others have identified the operation as high-risk or potentially fraudulent.

🔒 Bottom line: This platform is operating without licenses and under false pretenses. If you’ve already deposited funds, consider withdrawing and reporting the activity to your local regulator.

✅ Always do your own research. If it sounds too good to be true—it probably is.

#CryptoScamAlert #DYOR #LquidPay #CryptoSafety #DeFi #BinanceSquare

🚨 Investor Alert: The Ontario Securities Commission has issued a warning about Avlitex — a firm not registered to trade or advise on securities in Ontario.

If you've been approached by Avlitex (via websites like avlitex.com or avlitex.global.com), do not invest. This entity may pose a serious fraud risk.

🔍 Always check registration at CheckBeforeYouInvest.ca

📄 Official OSC warning: https://www.osc.ca/en/investors/warnings/avlitex

#InvestorProtection #OSC #FraudAlert #InvestSmart #FinancialSafety

🚨 Tensorium.ai — AI Innovation or Financial Pyramid Scheme? 🚨

Tensorium.ai is gaining traction as an “AI-powered investment platform,” offering 1.2%–2.8% daily returns and an 8-level referral system. But beneath the slick site lies a structure that raises serious legal and ethical red flags. Let’s break it down 👇

🔍 What We Found:

✅ Registered in Australia as Tensorium AI Solutions Pty Ltd (ABN 68 017 352 215)

🚫 NOT licensed by ASIC with an Australian Financial Services (AFS) license

📍 Business address listed is incomplete and unverifiable

❌ No identifiable team, no product, no technical documentation

🛑 Here’s the issue:

Offering passive income, yield-based returns, and pooled crypto investments legally requires an AFS license in Australia. Under ASIC regulation, companies must be licensed to:

Operate investment schemes

Provide financial advice

Accept and manage client funds

Without this license, Tensorium is likely operating illegally, with no investor protection, no oversight, and no way to hold them accountable.

📉 More Red Flags:

Up to 1,022% APY — far beyond any sustainable yield

8-level referral commissions (up to 22%) — classic pyramid design

No retail product = pure financial recruitment model

In other words, it fits the textbook definition of a financial pyramid scheme — where investor returns depend entirely on new deposits, not real economic activity.

🧠 Industry watchdogs agree:

Labeled “high-risk, suspicious, unsafe” by Scam-Detector, Gridinsoft, and ScamDoc

No external audits or regulatory compliance

💡 Bottom Line:

A business registration ≠ regulatory legitimacy. If you’re offering passive income investments to the public from Australia, they must have the AFS license to be legit. Tensorium isn’t. The risk here isn’t just losing money — it’s walking straight into a modern Ponzi trap.

#CryptoScam #TensoriumAI #PonziScheme #PyramidAlert #AFSlicense #ASIC #BinanceSquare #DYOR* #CryptoSafety #cryptofees101 #tradingmistakes101

💧 What Is Liquidity Farming? A Quick Guide for Investors

Liquidity farming (or yield farming) lets you earn passive income by providing tokens to liquidity pools on decentralized exchanges (DEXs).

How It Works:

Deposit tokens into a pool (e.g., ETH/USDT).

Your funds enable token swaps.

Earn a share of fees + possible reward tokens.

Why It’s Popular:

Potential for high yields vs. traditional finance

Supports DeFi growth by boosting liquidity

Earn multiple tokens from one deposit

⚠️ Risks You Must Know:

Impermanent Loss: Token price swings can reduce your returns.

Smart Contract Bugs: Even big platforms can be hacked.

Gas Fees: On some blockchains, fees can eat profits.

Volatile Rewards: Reward tokens can tank in value.

Rug Pulls: Scammers can withdraw liquidity suddenly.

🛡️ How to Stay Safe:

Choose Audited Projects Only:

Use platforms with third-party audits (e.g., CertiK) to reduce contract risks.

Research the Team & Token:

Verify transparent teams and realistic use cases. Avoid anonymous or vague projects.

Check Liquidity Pool Size & Token Distribution:

Larger pools with widely distributed tokens are generally safer.

Look at TVL (Total Value Locked):

A high TVL (millions of dollars) means many users trust the pool. Pools with very low TVL are riskier and more vulnerable to manipulation.

Use Trusted Tools:

Monitor pools and tokens on DeFi Pulse, DappRadar, Etherscan, and Token Sniffer.

Avoid Unrealistic Promises:

If a project promises huge, guaranteed returns — be very cautious.

Start Small:

Begin with a small amount — typically $50–$200 — to test the platform. In general, don’t allocate more than 1–5% of your portfolio to any single farm, especially higher-risk ones.

🧠 Summary:

Liquidity farming offers rewards but comes with risks. Use TVL as a key safety metric, verify projects thoroughly, and never invest more than you can afford to lose.

#LiquidityFarming #YieldFarming #DeFi #CryptoSafety #DYOR #BinanceSquare #CryptoInvesting

🔍 How to Spot a Good Crypto Token Before You Buy

The crypto space is full of opportunity — and risk. Here’s a quick checklist to help you spot good tokens and avoid scams:

✅ What to Look For

Clear Use Case: Does the token solve a real problem or power a project?

Transparent Team: Legit projects show their team with verifiable profiles.

Fair Tokenomics: Look for fair distribution, vesting, and audits.

Active Development: Check GitHub, roadmaps, and community activity.

Good Liquidity: Listed on reputable exchanges with enough liquidity to trade easily.

❌ What to Avoid

Anonymous Teams & Vague Whitepapers

Highly Concentrated Token Supply (few wallets hold most tokens)

No Real Use Case — just hype or empty promises

Unrealistic Guaranteed Returns (especially double-digit monthly profits)

Suspicious Smart Contracts: Backdoors, locked trading, or high fees

🛠️ Useful Tools to Check Tokens

CoinMarketCap: Tokenomics, market cap, liquidity

Etherscan / BSCScan: Wallet distribution & contract details

Token Sniffer & RugDoc: Automated scam & risk detection

CertiK: Professional security audits

Socials & GitHub: Team transparency & community engagement

🧠 Final Tip:

Don’t chase quick gains or hype. Use these tools, research carefully, and always question unrealistic promises.

#DYOR #CryptoSafety #BinanceSquare #CryptoInvesting #TokenChecklist #RugPullPrevention

💡 Investor Lesson: The Danger of "Too Good to Be True" – The YieldNodes Case

In crypto, everyone wants to make money fast. But that desire can blind even smart investors to red flags. YieldNodes is a clear example.

They promised 10–15% monthly returns through “masternoding” — a technical-sounding strategy that few bothered to verify. On the surface, it sounded complex, innovative, and profitable.

But when we dug deeper:

❌ Their listed Hong Kong address belongs to the accounting firm that registered them, not an operational HQ
❌ No visible masternode operations on any public blockchain
❌ Their “Decenomy” coins have almost no liquidity or adoption
❌ They sued Chainalysis for $650M — and lost in court
❌ YieldNodes is now flagged by regulators:

Hong Kong’s SFC

Canada’s OSC

And yet, the site is still up. Why? Because these schemes survive as long as someone still believes the lie.

🧠 The Lesson:

If a project promises high, consistent monthly returns with no market risk, stop and ask hard questions. Real yield is volatile, transparent, and never risk-free.

Don’t just chase returns. Chase truth.

sources:
https://apps.sfc.hk/edistributionWeb/gateway/EN/news-and-announcements/news/doc?refNo=24PR34

https://www.osc.ca/en/investors/warnings/yieldnodes

#InvestorEducation #CryptoScams #YieldNodes #MasternodeMyths #DueDiligence #FCAWarning #BinanceSquare #DYOR

🚨 SCAM ALERT: BEWARE of BlockchainFX! 🚨

🔍 Website: www.blockchainfx.io and www.blockchainfx.com

⚠️ Status: Unregulated | Beta/Presale | High-Risk

🚫 Major Red Flags:
❌ Advertising Forex, CFD, ETF & Stock trading BEFORE obtaining any regulatory licenses — this is illegal and deceptive

🔓 Website is not secure (no HTTPS) — putting your personal data and funds at risk

🧪 No liquidity pool for their token $BFX, despite promises to allocate 20% to liquidity

💰 100% of token supply held in a single wallet — clear rug-pull potential

💀 Token Sniffer score: 0/100 — fails every major safety check

📄 Whitepaper shows signs of AI-generated content — vague, generic, no technical or legal substance, and no author accountability

🚫 Bottom Line:
BlockchainFX is presenting itself as a regulated multi-asset trading platform — but it is not licensed, not secure, and not credible. These are textbook red flags of a high-risk or fraudulent operation.

🔐 DO NOT deposit funds or share personal info. Always verify licensing, security, and transparency before trusting any trading platform.

#ScamAlert #BlockchainFX #CryptoScam #ForexScam #TokenSniffer #InvestorProtection #DeFiRisks #DueDiligence

⚠️Important Public Service Announcement: Potential Risks Associated with Limdex-Capital⚠️

This announcement serves to inform the Binance Square community of potential risks associated with Limdex-Capital. Our investigation has revealed several concerning indicators:

Incomplete or Falsified Address Information: The address provided by Limdex-Capital appears to be incomplete or inaccurate, raising concerns about transparency and legitimacy.

Questionable Executive Representation: Reports indicate the purported CEO, identified as "Boris," claims Canadian nationality but exhibits a pronounced accent of uncertain origin. This discrepancy warrants further scrutiny. Upon further verification, his real name is Oleg Gulyavskiy, an actor-writer with his own youtube channel.

Lack of Regulatory Compliance: Limdex-Capital is not registered with the Ontario Securities Commission (OSC) to provide investment services, including passive income opportunities or trading platforms, within the province of Ontario. This absence of regulatory oversight presents a significant risk to investors.

Unsustainable Return on Investment (ROI) Promises: The advertised daily ROI of 0.6% to 0.9% is economically implausible and strongly indicative of a Ponzi scheme or other fraudulent activity.

We urge all users to exercise extreme caution and conduct thorough due diligence before engaging with Limdex-Capital or any similar platform. Protect your financial well-being by verifying the legitimacy of investment opportunities and understanding the associated risks.

#BinanceSquare #CryptoScams #ScamAlert #DYOR #LimdexCapital #FraudWarning #InvestmentRisk

Scam Warning: Blockdag.network and BLOCKDAG Coin

The Financial Services Authority (FSA) of Seychelles has issued a warning regarding the website www.blockdag.network and the 'BLOCKDAG' coin. DAG SYSTEMS LTD., the company behind BLOCKDAG, is registered in Seychelles but does not have authorization for the issuance of this coin. They have failed to submit an application to register the coin offering.

The FSA Seychelles urges investors and the public to exercise caution and conduct thorough research and evaluation before engaging with Blockdag.network, DAG SYSTEMS LTD., or the BLOCKDAG coin. Be extremely careful before conducting business or performing any transactions involving money exchanges or exchanges of personal details.

Date of FSA Warning: 19th March 2025

#BlockDAG #CryptoScam #FSASeychelles #ScamWarning #Crypto #InvestmentWarning #DeFi #DYOR #VirtualAssets #Blockchain

Source: https://fsaseychelles.sc/media-corner/regulatory-updates/warning-unauthorised-activity-under-the-virtual-asset-service-providers-act-2024?fbclid=IwZXh0bgNhZW0CMTEAAR5DVjtZlUe9MS73uc-TH9bcWWCMhcULf27egvlmoWp8_fs7enH8ht7nh9Je5Q_aem_uQTyMCE6SiLNMNccW8xCcA

🚨 Alert: Trojan Horse Scam in Crypto! 🚨

Recently, we've seen a surge in Trojan horse scams advertising on social media such as FB and IG, particularly targeting crypto enthusiasts. Scammers are advertising "high returns" and claiming that your investments will be safe in their wallets, with payouts in USDC.

🔍 How It Works:

Deceptive Ads: Promising attractive returns.
Web3 Wallet Connection: Users are tricked into connecting their wallets to a scam site.
Wallet Drain: Once connected, scammers can hack and drain your crypto assets.

💡 Protect Yourself:

Always verify offers before engaging.
Never connect your wallet to unknown sites.

📢 Call to Action: Stay vigilant and report any suspicious activity! Together, we can combat these scams and protect our crypto community. 💪 #CryptoSafety #BinanceSquare #ScamAlert

GOOD NEWS!

It is official. Ross Ulbricht, the founder of Silk Road is free.

🚨 As Gary Gensler prepares to leave his position as SEC Chairman in just 13 days, it’s time to reflect on his impact on the U.S. crypto market.

Under Gensler's leadership, the regulatory landscape has become increasingly challenging for cryptocurrencies. His aggressive stance, including attempts to sue XRP, has left the market feeling damaged and uncertain. Many believe that his approach has created a chilling effect on innovation and investment in this burgeoning industry.

With Paul Atkins potentially stepping in as his successor, there’s hope for a shift towards a more balanced regulatory environment that could revive the crypto market. Atkins is known for his pro-crypto stance, which contrasts sharply with Gensler's policies.

As we approach this transition, the future of crypto in the U.S. hangs in the balance. Will we see a resurgence of innovation, or will the damage done under Gensler’s watch linger on?

#Crypto #GaryGensler #SEC #PaulAtkins #Cryptocurrency #Regulation

🚨 Warning: Ageeon Ponzi Scheme Exposed! 🚨

🚫 The Ageeon project has officially rugpulled, leaving many investors in the lurch. If you’re feeling the impact, know that you’re not alone!

Here are some tips to protect yourself from scams and Ponzi schemes:

Research Thoroughly: Always investigate a project. Check for transparency, whitepapers, and team backgrounds.

Beware of Fake Reviews: Many scams use fake testimonials to appear legitimate. Look for independent sources and verified reviews.

Question Unrealistic Returns: If it sounds too good to be true, it probably is. Be cautious of promises of guaranteed high returns with little risk.

Check for Regulation: Ensure the project complies with local regulations and is registered with the appropriate authorities.

Trust Your Instincts: If something feels off, trust your gut. It's better to be safe than sorry.

Stay informed, stay safe, and let’s work together to protect our community! 💪

#ScamAlert #PonziScheme #InvestSmart #CryptoSafety

🚨 Attention crypto traders! 🚨

Over the years I have been working with Scam Alert Global, I have noticed that many people fall into one of the most common schemes: Pump n' Dump.

A pump-and-dump scheme in the crypto world occurs when the price of a coin is artificially inflated through misleading hype and marketing, only for the creators or early investors to sell off their holdings at a profit, causing the price to crash and leaving other investors at a loss.

Unfortunately, at the time I am writing this article, many investors lost their capital in schemes like $Hawk $Pupdodge $Squid.

When it comes to spotting potential pump-and-dump meme coins, here are some red flags to watch out for:

🔴 Sudden and extreme price spikes
🔴 Lack of fundamentals or real utility (read white paper)
🔴 Social media hype and promotions
🔴 Low trading volume and liquidity (under 100k a day in trading volume)
🔴 Pump and dump groups or individuals promoting the coin
🔴 No LP lock (check with smart contract)
🔴 Whales holding onto large bags of tokens that can potentially influence the price (over 10% of the total supply. Again check with smart contract)

To help you spot these red flags before buying, consider using tools like RugScreen, Certik, Solidity Finance, Token Sniffer, and BscScan. Conduct thorough audits and due diligence to protect your investments and trade smart! 💸📈#pumpanddump #blockDAG #SCAMalerts #hawktuah #squidgame

🚨 Protect Yourself: How to Avoid Crypto Ponzi Schemes 🚨

As crypto enthusiasts, it's crucial to stay vigilant and informed to protect ourselves from falling victim to Ponzi schemes and fraudulent activities. According to a recent FBI report, over 4 billion dollars were reportedly lost from crypto scams, highlighting the importance of being cautious in the digital asset space.

Here are some tips to help you steer clear of Ponzi schemes:

1. Research Thoroughly: Before investing in any crypto project, conduct extensive research on the team, technology, and business model. If they claim to be training, there should always be a record of trade!

2 Watch for Red Flags: Be wary of projects promising guaranteed high returns with little risk. Ponzi schemes often rely on unrealistic promises to lure in unsuspecting investors. Stay alert for any signs of lack of transparency or overly complex structures.

3️ Verify Information: Double-check all information provided by the project team. Many scam projects use fake addresses and staff and only display business registrations. If they are offering a passive return, that is a securities offering. They must be registered with their local financial regulator to be legal.

4 Trust Your Instincts: If something feels off or too good to be true, trust your instincts and proceed with caution. It's better to be safe than sorry when it comes to your investments.

Let's work together to create a safer crypto community and protect ourselves from falling prey to Ponzi schemes. Stay informed, stay cautious, and together we can navigate the crypto space with confidence. 💪💰

#Binance #BTC100K! #ponzischeme #SCAMalerts

Warning: World Trade Coal (WTC) Scam Alert

As more individuals seek investment opportunities, it’s crucial to remain vigilant against potential scams. One such company that has raised significant red flags is World Trade Coal (WTC). Here are several reasons why you should be cautious:

1. Fake Address

The address listed for WTC in Iowa is not legitimate; it actually belongs to another company. This raises immediate concerns about the authenticity of their operations and business practices.

2. Lack of SEC Registration

By law, companies offering securities must be registered with the Securities and Exchange Commission (SEC). WTC is not registered, which is a major warning sign that their investment opportunity may be illegal.

3. Unrealistic Returns

WTC claims to offer returns as high as 3% per day. Such high returns are not only unrealistic but are often indicative of a Ponzi scheme or fraudulent investment practice. Legitimate financial institutions cannot sustain such returns.

4. Binary MLM Business Model

The company operates on a binary MLM (multi-level marketing) structure. However, they do not offer any retail product, which may violate U.S. laws. This lack of a legitimate product further supports the notion that their business model is designed to exploit investors rather than provide genuine investment opportunities.

Conclusion

If you encounter World Trade Coal or any similar companies promising high returns with little to no risk, proceed with caution. Always conduct thorough research and consult with financial professionals before making investment decisions. Protect yourself and your finances by staying informed about potential scams like WTC.

#SCAMalerts #WTC

Beware of AVLTEX: A Potential Scam

In the ever-evolving world of cryptocurrency and online investments, scams are unfortunately prevalent. One such potential scam that has come to my attention is AvLitex. I want to share my concerns and observations to help others avoid falling victim to this dubious platform.

Red Flags Surrounding AVLITEX
1. Suspicious Address

AvLitex claims to operate from a Canadian address that appears to be a Regus office. Regus is known for providing flexible office spaces and virtual office services. Scammers often use such addresses to project legitimacy without having a physical presence. This is a significant red flag.

2. Lack of Registration

A legitimate investment firm in Ontario must register with the Ontario Securities Commission (OSC) to offer securities. AVLITEX is not listed as a registered entity with the OSC, raising serious questions about the legality of its operations. Investing with an unregistered entity can lead to severe financial losses without any legal recourse.

3. Unrealistic Returns

AVLITEX promotes an enticing offer of returns of up to 3% per day. Such high returns are not typical for any legitimate financial institution and are often a hallmark of Ponzi schemes. In the world of investments, if something sounds too good to be true, it usually is.

4. MLM Investment Structure

Additionally, AvLitex appears to employ a multi-level marketing (MLM) strategy for their investment products. In Canada, this structure can be illegal if associated with investment products. MLMs can often lead to unsustainable business practices and may leave participants at a loss.

Given these concerning factors, I urge anyone considering investing with them to proceed with caution. Always conduct thorough research, verify registration with regulatory bodies, and be wary of promises of high returns. Protect your financial future by staying informed and cautious.

If you or someone you know has encountered AVLITEX, sharing this information could help prevent further financial losses.

RCMP and OSC have been alerted.
#scammeralert