Trending AP is a cryptocurrency mining company that claims to offer high returns on investment. However, there are a number of red flags that suggest that Trending AP may be a scam.
In this article, we will take a closer look at Trending AP and explain why we believe it is a risky investment. We will also provide tips on how to avoid being scammed by cryptocurrency mining companies.
Company Overview
Trending AP is a company that claims to offer high returns on investment through cryptocurrency mining. The company’s website states that it has a team of experienced professionals who will manage your investment and ensure that you get the best possible returns.
However, there is no information about the team on the company’s website. This is a red flag, as legitimate companies should always be transparent about their team members.
Trending AP also does not disclose its mining facilities. This is another red flag, as investors should know where their money is being invested.
Services or Products
Trending AP claims to offer a variety of services, including:
- Cryptocurrency mining
- Cryptocurrency trading
- Cryptocurrency education
However, there is no information about these services on the company’s website. This is a red flag, as legitimate companies should always provide clear information about their products and services.
License and Regulations
Trending AP is not licensed by any financial regulatory authority. This is a major red flag, as it means that the company is not subject to any oversight.
Legitimate cryptocurrency mining companies are typically licensed by financial regulatory authorities, such as the Financial Conduct Authority (FCA) in the UK or the Securities and Exchange Commission (SEC) in the US.
Why Dealing With An Unlicensed Broker Is Risky?
There are a number of reasons why it is risky to deal with an unlicensed broker. These include:
- There is no guarantee that the company is legitimate.
- The company may not be regulated, which means that there is no one to protect you if you lose money.
- The company may be a scam.
Legal Warning Against Trending AP
The Financial Conduct Authority (FCA) in the UK has issued a warning against Trending AP, stating that it is an unlicensed investment firm. The FCA has warned investors not to invest in Trending AP.
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 complaints about Trending AP online. Some users have reported that they have not received their mining profits, while others have said that their accounts have been closed without warning.
Feedback About Their Trading
The trading platform offered by Trending AP is not transparent. There is no information about the fees charged, the liquidity of the markets, or the trading algorithms used. This makes it difficult to assess the risks involved in trading with Trending AP.
Feedback About Their Customer Service
The customer service offered by Trending AP is poor. Users have reported that it is difficult to get in touch with customer support and that the responses they receive are often unhelpful.
How Can “Reviews Advice” Help You If You Get Scammed?
If you have been scammed by Trending AP or another cryptocurrency mining company, there are a few things you can do:
- File a complaint with the Financial Conduct Authority (FCA) in the UK or the Securities and Exchange Commission (SEC) in the US.
- Contact your bank and ask them to block any further payments to Trending AP.
- Contact a lawyer to discuss your legal options.
Reviewsadvice can also help you if you have been scammed. We have a team of experts who can help you recover your money and get justice. Our expert team will provide you with a free consultation and some recovery service recommendations to help you recover the funds.
Final Thought
Trending AP is a risky investment. The company is unlicensed, there are a number of negative reviews online, and the FCA has warned investors not to invest with them.
If you are considering investing in cryptocurrency mining, it is important to do your research and only invest with legitimate companies. You can find more information about how to avoid cryptocurrency scams on the Reviews Advice website.
