Crypto1Capital – The online broker is, according to statements found on the homepage of the provider, a provider for cryptocurrency, where you can claim different services as a customer. If you have invested with the broker Crypto1Capital and now have difficulties with the payout, our lawyers will be happy to help you.

Crypto1Capital – Experiences of investors

Currently there is a very high number of providers such as Crypto1Capital. As a result, investing in the unpredictable financial markets has never been as easy but also as uncertain as it is now. Especially because there are so many options, choosing an online broker can be time-consuming and challenging.

Especially if it is to suit your individual investment plans. Are you thinking about investing money with Crypto1Capital? Then the following points are important for you as an investor.

  • Regulated brokers on the internet, reputable provider sites, costs and brokerage fees, quote options and reviews from clients are just a few of the points you would need to consider when making your final decision.
  • When it comes to trading on the World Wide Web, you can use a variety of order types.
  • A very good place for investors to inquire about share certificates, futures, binary options and cryptocurrencies is an online site like this one.

The following statements are general recommendations for investors – regardless of the platform in which you invest money.

Is Crypto1Capital licensed by financial authorities?

Both the financial markets and the protection of investors benefit from rules of conduct and organisational responsibilities. Bond service companies and firms like Crypto1Capital have to comply with a number of regulations. The same applies to their employees. This objective is to avoid conflicts of interest and the associated disadvantages for financial investors.

This includes the obligation of the company to inform its corporate clients about the most significant features of a financial transaction before it is concluded. This counts for the respective investor as well as for the investment itself. According to the idea, additional disclosures are required for clients who want to engage in highly speculative or risky transactions.

Providers such as Crypto1Capital have a responsibility towards their corporate clients. This goes far beyond the provision of an offer or service. Does the provider have a licence to sell investment products? You should definitely clarify this.

To do this, you can consult the broker checklist of a financial supervisory authority and type the brand name of the provider into the search field.

Does Crypto1Capital require payments abroad?

Is it beneficial for you to transfer funds to a country outside Europe? Consider in detail what you are doing. Quite a few investors have already lost funds in this context. It is conceivable that you lose track of where your funds are going and how they are invested.

When money has been made available to a broker, it has often happened that the company did not invest the amount received as specified or even not at all. There have also been cases where the company simply did not exist, although it presented itself similarly to Crypto1Capital.

Continuing the trend of the former “Nigeria Connection”, countless e-mail messages from Africa (in English, so-called “scams”) are still circulating. These target companies and private investors. Fake messages are also reported from other African regions. In the past, the criminals operated from dubious locations alone.

Now they operate from completely different locations such as the United Kingdom (including London), the Netherlands, Canada, the Kingdom of Spain, Dubai and others. For the vast majority of people, it takes effort to spot tricky scams. Companies often receive e-mail orders with huge order volumes that bear no relation to the usual purchase amounts.

In order to lure the German company, they proceed with big promises of profits. However, the extreme order volume merely acts as leverage in talks with the manufacturer to demand correspondingly excessive approval and registration costs. It is not always possible to determine whether the recipient of this payment is also the customer of the products.

However, it can be assumed that companies operating abroad will not have to pay regional tax on deliveries to other countries for the time being. As a rule, this also applies to investments at Crypto1Capital.

What is Pump & Dump?

The term pump and dump is used to describe a situation in which the value of a share is artificially inflated by insiders. Afterwards, the same share is sold to other investors at a loss. This is therefore a fraud. A fraud that profits from the inexperience of small investors and stock market novices.

This tactic is therefore forbidden in a controlled stock market and for companies like Crypto1Capital. The crypto market, on the other hand, is still largely “Wild West” as far as these very tactics are concerned. That is why special attention is necessary! Pump-and-dump scams are more common there in connection with the generally so-called altcoins.

The pump and dump scam is used by fraudsters to inflate the value of an unknown or possibly self-created currency. They achieve this by propagating false information on the internet or in social media or by luring co-investors with unreasonable profit expectations.

So make sure that the provider Crypto1Capital provides you with all the necessary information on this complex of topics, if necessary.

What are your experiences with online platforms?

On dubious internet platforms, there is a variety of investment goods that are relentlessly advertised in blogs and social networks in order to convince capital investors. In addition, “network marketing” is used to solicit new investors. The advertising mainly emphasises the guarantee of timely profitability.

In order to start investing, a potential investor must first create an account with the trading platform – as is the case with Crypto1Capital. Next, the supposed brokers contact the investor via a call centre and do everything they can to persuade him to invest large sums of money. The positive attitude of investors towards cybertrading is partly reinforced by the desire for future profits.

Buyers are more willing to invest in the future if they see exactly the kind of results they dream of. At this stage, capital investors are deceived by a corrupted trading algorithm about the true evolution of stock market data and prices. Crypto1Capital does not necessarily belong to this category.

The perpetrators use their own unilaterally determined price values when calculating returns. This means that the provider has complete control over whether a profit is made or not. Until the supposed profits are distributed, this manipulation will continue.

When the time comes for the distribution, the buyers suddenly no longer have access to their accounts and the direct contacts associated with them. The vast majority of investors lose all their capital invested in this fraudulent trade, forcing them to seek legal advice.

Recovery Scam? Beware of unsolicited offers of help after you have invested capital

Anyone who has ever lost money to a fraudulent investment platform knows how devastating that can be. That alone is terrifying enough. But on top of that, the criminals behind the bogus scheme contact you by email or phone call within a very short time. This time, however, they do not pretend to be financial advisors from Crypto1Capital.

Instead, they promise to help recover the lost money for a fee. Many criminals even seem to have been hired or instructed by trustworthy companies such as a financial authority. After stealing your personal data, the perpetrators often pose as good Samaritans. They promise to help you recover the stolen money.

Even if you have invested money with a service provider like Crypto1Capital, your contact information may be stolen. Those who have lost a considerable amount of money are predominantly desperate. The criminals exploit people’s desperation by posing as “recovery companies”.

They offer their services under the guise of helping them get their money back. This means they securitise in a dubious manner that they will get back the lost assets.

Get your investment back from Crypto1Capital? Contact our lawyers

In case you have already made investments with Crypto1Capital and now want to reclaim them, there are different ways to proceed.

  1. In the event that no solution to a problem can be reached with the provider, there is the option of filing a complaint with the responsible authority. This authority controls the case and has the possibility to order the provider to pay compensation. Our client then receives the money back from the service provider. Contact points for complaints can be, for example, financial supervisory authorities or financial ombudsmen.
  2. If payments have been made abroad, the foreign supervisory authorities and financial institutions should also be informed. They will then often initiate their own investigations. This also has the purpose of seizing funds in the accounts and then transferring them back to our clients.
  3. If a check by our lawyers shows that the provider has probably acted in a dubious manner, we file a criminal complaint with the responsible authorities on behalf of our clients. Our law firm is in regular dialogue with public prosecutors’ offices that conduct investigations throughout Germany. Often there are many hundreds or even thousands of aggrieved investors in these investigative proceedings. The investigations also extend to other countries on a recurring basis. In the past, the public prosecutor’s offices have repeatedly achieved significant successes in their investigations.
  4. If there is a suspicion that the accounts to which our clients have transferred money are part of a money laundering system, it is possible to have these accounts blocked. Payments into these bank accounts can then be reclaimed from the receiving bank.