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Do not invest with this entity

This entity appears in one or more regulatory or sanctions lists (SEC PAUSE, DFPI, OpenSanctions). Report to the FBI IC3 at ic3.gov and the FTC at reportfraud.ftc.gov.

Crypto Networks

Investment / sanctions alert · dfpi

DFPI — Victim narrative (California)

A California consumer discovered Crypto-Networks.net through a promotional YouTube video and decided to use the platform to invest in cryptocurrency. After making a few small deposits that appeared to work, the consumer deposited more crypto assets. Following that deposit, the platform abruptly froze the consumer’s account.When the consumer contacted support, the platform demanded they upgrade to “Titan Status” before they could withdraw funds. The upgrade cost $10,000, which the consumer paid by transferring more crypto assets. Despite transferring the funds, the consumer’s account remained f

Estimated loss: $10,000

Type: Fraudulent Trading Platform

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What to do if you were targeted

  1. 1.Stop all transfers immediately.
  2. 2.Contact your bank or wire transfer service to attempt a recall.
  3. 3.File a complaint with the FBI IC3 at ic3.gov.
  4. 4.Report to the FTC at reportfraud.ftc.gov.
  5. 5.Report to your state securities regulator via nasaa.org.