LinityBase broker is suspected to be a scam. Read this LinityBase review if you have planned to trade with Linity Base broker or scammed by them.
LinityBase Website: http://linitybase.com/
LinityBase Address: NA
Is LinityBase regulated or not? Unregulated
LinityBase Warnings: Ontario Securities Commission (Ontario)
Domain Age:
Domain Name | linitybase.com |
---|---|
Date Registered | July 22, 2022 |
Domain Age | 6 months, 24 days, 23 hours, 52 minutes, 21 seconds |
LinityBase Review: Introduction
Linitybase is an online trading platform that says it is a crypto investment firm and offers secure, reliable services to millions of users in more than 130 countries for trading and managing digital assets. But let’s be honest: Linitybase is one of the potential scam brokers. It is best to keep your money away from this broker if you do not want to lose your investment. It is an MLM business that caters to the cryptocurrency market.
Even the broker’s website contains no information on its employees. The broker’s use of stock images as staff personnel on its website raises suspicions. Additionally, they uploaded a video in which a paid actor pretended to be a staff member. All of these items serve as evidence of the broker’s fraud, lack of reliability, and the riskiness of your assets. If you want to know more about the Linitybase scam, then read this complete Linitybase review.
Regulation
The website of the company can be found at http://linitybase.com/, but the website is not in use, which is a red flag that whether they are legit or not. They also hide all the necessary details about the company from their website. To appear legitimate, they set up an FINCEN certificate for an MSB registration. Typically, offshore scammers use false data to obtain this certificate.
Ontario Securities Commission issued a warning against Linitybase
Linitybase received a public warning from the regulatory authority of the Ontario Securities Commission (Canada), and they also include this broker in their blacklisted brokers.
How does the Linitybase scam work?
They will, however, exert every effort to persuade you to pay the initial deposit. They’ll entice you by making outlandish promises, such as “We’ll quadruple that initial deposit within 24 hours!” and so forth. After they are successful with the initial deposit, they will use the assistance of more skilled con artists to try to defraud you further. It continues. Even if you fell for their phony promises, you can still put an end to it.
Negative reviews and Complaints
Linitybase.com has a lot of bad ratings, and traders who used this broker have complained a lot about it. We did a lot of research on this broker. Based on the bad reviews, complaints, and other signs of fraud, we put this broker on the list of scam brokers 2023.
Is Linitybase safe for trading?
Linitybase is considered to be a fraud and is never safe for trading. We advise against trading with them. We encourage anyone who is already trading with this broker to stop doing so right away, especially if they are charging you a charge to withdraw your money.
Linitybase review: Conclusion
The first thing to do if you think you’ve been duped by Linitybase is to get in touch with the bank that provided your credit or debit card and ask for a chargeback. You have the option of fund recovery if you paid for the item using a Visa or Mastercard. You can file a complaint on our Trading-Scam website to get your money back. Our experts will provide free consultation and assist during the fund recovery procedure.
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