Cryptolia claims to be trading currencies on Forex markets and cryptocurrencies. The company is allegedly so profitable that it can offer you investment plans with returns as high as 10500% per 90 days.
Doesn’t it sound ridiculous?
Cryptolia is a scam. Period. They are not trading cryptocurrencies or anything else, there is no real value creating activity going on, just an illegal and dirty financial game.
Cryptolia will play with deposits to maybe pay out some profits, that’s how Ponzi schemes like this one work. But it is sure to collapse very quickly, especially because it is offering such ridiculous returns.
No real company
If you look carefully at Cryptolia’s website, you will see that the texts have obviously been passed through an automated translator, it is a translated scam.
The most important thing is that Cryptolia is not authorized by the Financial Conduct Authority to provide investment services, as you can see on our picture. It is therefore an illegal operation.
Cryptolia is a total scam that will close down quickly because of its unsustainable and ridiculous investment plans. Don’t fall for it!
If you want to see what kind of returns are possible in crypto trading, try a free demo account with a regulated broker.
You will see that it is possible to make money, but also to lose. You need to build a solid strategy to be successful in trading.