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Conscious Crypto

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Operating status: SCAM

Website: https://www.consciouscrypt.com/

Broker violations and abnormal records
  • 2024-02-01 The UK FCA issued a Warning against Conscious Crypto

    On 30 January 2024, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Conscious Crypto was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/conscious-crypto

    On 30 January 2024, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Conscious Crypto was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/conscious-crypto
  • 2024-02-01 BrokersView has Reviewed that ​Conscious Crypto is an Unregulated Broker

    According to its website, it displays two addresses. One is the United States, but upon investigation, no matching information was found in the National Futures Association (NFA). Another is in the UK, upon investigation, we found that the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Conscious Crypto was providing financial services or products in the UK without authorisation.

    The truth is that Conscious Crypto is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws.

    Conscious Crypto is a scam.

    According to its website, it displays two addresses. One is the United States, but upon investigation, no matching information was found in the National Futures Association (NFA). Another is in the UK, upon investigation, we found that the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Conscious Crypto was providing financial services or products in the UK without authorisation.The truth is that Conscious Crypto is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws.Conscious Crypto is a scam.

Related Complaints

Q&A

Is Conscious Crypto legit?

Chara Rodriguez
Gaithersburg
2024-02-08
ANSWER No, Conscious Crypto appears to be a scam.The company fails to provide any specific details about its licensing, which could be due to non-compliance. It lists two addresses, one in the UK and the other in the US. As such, it is obligated to secure licenses from the Financial Conduct Authority (FCA) in the UK and the National Futures Association (NFA) in the US. However, the FCA has issued a warning against Conscious Crypto, labeling it as an unauthorized firm operating in the UK. Furthermore, there are no records in the NFA register that validate its legitimacy in the US.In light of these facts, we strongly advise against engaging with Conscious Crypto. This unregulated trading platform carries significant risks, including potential fraud and identity theft. It is crucial to conduct comprehensive research when choosing a trading platform. We highly recommend opting for platforms that are subject to rigorous regulatory oversight.
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