CSSF warns the public against CryptoCapitalProfits (website: https://cryptocapitalprofits.com/) and of unknown persons presenting themselves under the name “CryptoCapitalProfits” by proposing investment services. They fraudulently use the name of the CSSF by pretending that the invested funds are blocked by the CSSF which would require payment of additional fees to unblock them.
Unauthorized firm details
Website: https://cryptocapitalprofits.com/
How To Protect Yourself From Scams
Brokerswatch recommends investing only with brokers that are regulated by reputable authority.
Reputable regulatory authority provides additional protection to investors by ensuring that financial firms apply proper standards and rules. Additionally, if the broker tries to cheat you out of your money, it is the regulator’s job to force the financial firm to compensate you for any wrongdoing.