Coin Stream Limited is a fake wealth management company which claims to participate in the trading and mining of Crypto currencies. On top of that, Coin Stream Limited is even offering a compounding feature which might seem attractive to naive investors. But this is a trap. Even their daily returns are not sustainable in the long run. But newbies might think that those returns are realistic and achievable in the long term. They do not know that disappointments are awaiting them if they send these crooks their hard earned money.
Therefore, if you want reasons as to why you should not send funds to the crooks who run Coin Stream Limited, read this unbiased review because we are going to expose the crooks and their under-hand tactics. You will be surprised that such a shiny website is only trying to lure individuals with fake promises to steal from them. There is nothing legit about this website.
Note: If you’re into trading Crypto Currencies, we don’t advice that you send money over to the crooks who run Coin Stream Limited. Instead, invest in these Crypto currency trading software and you will be able to trade without facing any challenges or problems along the way.
We will start with the most critical details pertaining to this website. We need to discuss their license and contact details.
To start with, the website is soliciting for funds from members of the public and claiming that ROIs will be paid after the funds have been used for trading and mining Crypto currencies.
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From the word go, this type of company or operation needs a license in order to operate legally. They are in fact operating like a fund and regardless of where they are based at, they will still need a license from the country which they are operating in. The laws which have been laid down by the various regulatory authorities is very strict when it comes to allowing operations similar to Coin Stream Limited. The problem is that when we try to find out if Coin Stream Limited is licensed by any regulatory firm, we can’t find the proof.
Even the FCA in the UK have acknowledged that they do not know about Coin Stream Limited. So the crooks who run this town are definitely awaiting prosecution and if things don’t go in their favor, you will soon hear in the news that they have been arrested and the platform has been shut down. This is going to be similar to what happened with Bitconnect scam.
Surprisingly, Coin Stream Limited has put up a phone number and a contact form which makes it easier for their visitors to reach them. Their address is listed as 125A Avenell Road, London, N2 1BH, United Kingdom and their phone number is +44 7453414923.
You should know that Coin Stream Limited is trying to look for legitimacy when they post this information on their website. But this does not make them credible at all. Many scams are now using this tactic so that they can fool internet users with fake credibility. You have to be aware of this.
They tell us that they are involved in mining and trading of Crypto currencies. They are even faking their accomplishment since there is no proof that those returns have been earned by this company. In addition to this, the trading strategy which they are following is not discussed on the sales page and there is zero trading history to back their claims. In fact, these people don’t seem to know anything about trading. That is why they do not tell investors about risk management, risk to ratio, trading strategies employed by them among other things.
If you are indeed a rational investor, can you trust Coin Stream Limited with your money when they have not produced sufficient evidence of legit business activity? On top of that, we feel that there is a lot of ambiguity with regards to their Crypto currency mining business. The site does not mention any data centers, their locations or even scripts. This further proves that no Crypto mining is going on behind the curtains. This reminds us of so many scams that we have reviewed here before. They are blatant and make themselves obvious that they want to scam.
If they were truly engaged in Crypto mining business, they would have at least told us about which type of Crypto mining hardware they are using and what margins investors are supposed to expect from this operation. In other words, there is no way to verify the kind of promises that Coin Stream Limited is making.
This website puts up pictures of their supposed members but they are fake. The funniest thing is that these pictures don’t have a name, and Coin Stream Limited is actually not revealing any information pertaining to those members or employees. Also, when we try investigating these pictures on the web, we find nothing which essentially means that these images were sourced from a photo bank.
There are also a lot of testimonials on this website and they appear to be fake. The way to verify these testimonials would be to try and see whether we can reach any user profiles. This is an exercise in futility. This platform is just operating with fake comments and bogus profiles. You have to understand that fact when making the decision of whether or not to send funds to the crooks behind Coin Stream Limited.
The way we see it is that Coin Stream Limited is a ponzi scheme. That also means that it is going to collapse soon. This might take a few months from now but will surely happen simply because the anonymous owners do not have a real business behind this operation. When you come across such a site, resist the temptation to send them your hard earned money. Invest with these sites instead
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