CryptoLico presented itself as an online broker providing trading services for cryptocurrencies, forex, and Contracts for Difference (CFDs). The platform targeted retail investors globally with promises of high returns and user-friendly trading technology. However, investigations and public warnings from financial authorities revealed that the company operated without the necessary licenses or regulatory oversight. There is a significant volume of public complaints alleging that CryptoLico engaged in fraudulent activities, including blocking customer withdrawals, using aggressive sales tactics, and operating non-functional trading platforms. The entity's history is marked by a lack of transparency regarding its ownership and location.

Founded in

United Kingdom