According to its website, it claims to be a reliable company, but it does not display any valid regulatory information on the website, not even the most basic office address and phone number. This is a very unreliable behavior, so investors are advised to stay away from it.
In essence, Loopring Markets is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.
Loopring Markets appears to be a scam.
According to its website, it claims to be a reliable company, but it does not display any valid regulatory information on the website, not even the most basic office address and phone number. This is a very unreliable behavior, so investors are advised to stay away from it.In essence, Loopring Markets is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.Loopring Markets appears to be a scam.