Company Information

Get to know REcoin

REcoin was marketed by founder Maksim Zaslavskiy in 2017 as "The First Ever Cryptocurrency Backed by Real Estate." The project conducted an Initial Coin Offering (ICO) through the REcoin Group Foundation, soliciting investments with the promise that proceeds would be invested in real estate. An SEC investigation revealed that the company had no real operations or real estate holdings and had made numerous material misrepresentations to investors. The SEC halted the ICO, and Zaslavskiy was subsequently convicted of securities fraud, making REcoin one of the first ICO fraud cases to be criminally prosecuted in the United States.

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Financial FundraisingPRIMARY
Financial Other Service

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REcoin

United States

Founded in

2015 (11 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Others

--/10

Reviews

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Regulated

Recommended

(77 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.