Warning: Is CoinField a Scam?
CoinField (coinfield.com) has been flagged as a potential scam broker. It operates without a valid financial license.
Review: CoinField (coinfield.com)
We reviewed CoinField (coinfield.com) and found critical issues.
We found that the company name is Manticore Labs OÜ, it is located at Metalli 3, 5th Floor, Tallinn 10615 Estonia, and the support email is support247@coinfield.com.
CoinField presents itself as a investment firm, but it is unregulated by any credible authority, like the ASIC or CySEC.
Scammed by CoinField?
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Can You Trust CoinField?
The most alarming sign is that CoinField (coinfield.com) is unauthorized from a credible authority.
Trading with unregulated entities is very unsafe. Trusted firms are must be licensed with agencies like the FCA, CySEC, or CFTC to ensure consumer safety.
CoinField lacks this supervision. As a result, there is no legal recourse if they keep your funds. Most investment fraud use unregulated entities, and recovering funds from them is difficult without expert help.
For instance, in Europe, unlicensed firms are not covered by the compensation schemes. In the US, they are not members of SIPC, so your capital is completely exposed.
Warning Signs of CoinField
Online trading fraud is evolving. Fraudsters use social engineering to steal wealth. Here are typical methods seen in sites similar to CoinField (coinfield.com).
Dating App Scams
"Pig Butchering" is a brutal tactic where scammers build trust over months. They build a relationship online. Once trust is built, they mention a special crypto opportunity. It's a trap to lure you onto a scam site .
Fake Trading Dashboards
Fraudsters create websites that look exactly like legit trading apps. They have charts and balances that go up. But it is a simulation. The scammer controls the numbers to convince you to deposit more. If you ask for a payout, the "profits" disappear.
Red Flags
- Unsolicited Contact: You get calls from "brokers" you don't know.
- Unregulated: The firm has no authorization.
- Guaranteed Profits: They guarantee huge profits with no risk.
- Cannot Withdraw: They refuse withdrawals. They demand "tax fees" first.
- Pressure Tactics: "Account managers" push you to deposit more.
Ignore fake reviews. Fraudulent brokers often post their own positive comments to appear real.
Conclusion
We advise against CoinField. It appears to be a scam. Save your funds and use a licensed broker. Avoid coinfield.com at all costs.
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