CoinminingFarm LLC is a cryptocurrency investment company that claims to offer high returns on investments. However, there is a growing body of evidence that suggests that CoinminingFarm LLC is a scam.
Company Overview
CoinminingFarm LLC was established in the UK. The company’s website claims that it has been in operation since 2017 and that it has a team of experienced traders who can help investors make money in the cryptocurrency market.
Team
The team of CoinminingFarm LLC is not publicly available. The company’s website does not list the names or qualifications of its traders.
Services or Products
CoinminingFarm LLC offers a variety of cryptocurrency investment services, including:
- Managed trading: CoinminingFarm LLC claims to manage customer accounts and trade cryptocurrencies on their behalf.
- Signal service: CoinminingFarm LLC claims to provide customers with trading signals that can help them make profitable trades.
- Education: CoinminingFarm LLC claims to offer educational materials to help customers learn about cryptocurrency trading.
License and Regulations
CoinminingFarm LLC is not licensed or regulated by any financial authority. We cannot even find any section regarding the licenses and regulations.
License Status
CoinminingFarm LLC is not licensed by the Securities and Exchange Commission (SEC) or any other financial regulator. Also, as they are situated in the UK, they should have licenses and regulations from the FCA. But, we did not find any of that.
Regulation Status
CoinminingFarm LLC is not regulated by any financial regulator. We tried to find the regulation information from the FCA, but we did not find from their website.
Why Dealing With An Unlicensed Broker Is Risky?
There are several reasons why it is risky to deal with an unlicensed broker. First, unlicensed brokers are not subject to the same regulations as licensed brokers. This means that they may be more likely to engage in fraudulent or unethical practices.
Second, unlicensed brokers may not have the financial resources to cover your losses if something goes wrong.
Third, it can be difficult to get your money back from an unlicensed broker if you are scammed.
Legal Warning Against CoinminingFarm LLC
The Financial Industry Regulatory Authority (FINRA) has issued a legal warning against CoinminingFarm LLC. FINRA warns investors that CoinminingFarm LLC is not registered with FINRA and that it is likely a scam.
You also can go through our other scammer lists such as the SEC Blacklisted Companies, FCA Unauthorised Firms List, ASIC Blacklisted Companies, & Bank Guarantee/SBLC Review.
Client Feedback
There are several negative reviews of CoinminingFarm LLC online. These reviews allege that the company is a scam and that it has not paid out any profits to investors.
Feedback About Their Trading
The reviews of CoinminingFarm LLC’s trading services are mixed. Some investors claim to have made money with the company, while others say that they have lost money.
Feedback About Their Customer Service
The reviews of CoinminingFarm LLC’s customer service are also mixed. Some investors say that the company’s customer service is responsive and helpful, while others say that they have had difficulty getting in touch with the company.
How Can “Reviews Advice” Help You If You Get Scammed?
If you have been scammed by CoinminingFarm LLC or any other broker, there are a few things you can do:
- File a complaint with the SEC or other financial regulator.
- Contact your bank or credit card company to dispute the charges.
- Hire a lawyer to help you recover your losses.
ReviewsAdvice can help you get your money back if you have been scammed by a broker. We have a team of experts who can help you by providing a list of recommended recovery services and some professional guidance.
Final Thought
CoinminingFarm LLC is a scam broker that should be avoided. Do your research before investing in any cryptocurrency investment company. Read reviews, compare fees, and make sure the company is properly licensed and regulated. By taking these precautions, you can help protect yourself from scams.
