Structured Fraud Reports
Each report includes the suspicious URL, scam type, submitted evidence, visible contact details, screenshots, and technical indicators when available.
Report and Research Online Fraud
ScammerWatch is an independent online fraud reporting and research platform. We document suspicious websites, phishing campaigns, fake trading platforms, scam tokens, impersonation attempts and other forms of online fraud
ScammerWatch does not provide investment services, brokerage services, financial advice, legal representation or asset recovery services. Submitting a report does not guarantee a takedown, investigation or recovery of funds.
Latest Fraud Reports
Recent evidence-based reports covering suspicious websites, phishing campaigns, impersonation attempts, fake platforms and other online threats.
Browse Fraud ReportsHow ScammerWatch Reviews Reports
Every report is evaluated using an evidence-first process. User allegations are clearly separated from independently verifiable information.
Read Our MethodologyReport Suspicious Activity
Found a suspicious website, phishing page, fake platform or impersonation attempt? Submit the available evidence for review.
Submit a ReportWhat we provide
Evidence Review
We separate user claims from verifiable facts. Reports are marked as submitted, under review, verified, or rejected.
User Submissions
Victims and researchers can submit suspicious domains, wallets, emails, phone numbers, screenshots, and transaction details.
Provider-Ready Abuse Files
Verified cases can be prepared for abuse teams with screenshots, URLs, timestamps, DNS/WHOIS data, and a short incident summary.
Our advice
How to Identify a Fake Trading Platform
Updated May 20, 2026
The market for trading software is vast. No matter how experienced you’re in trading, it’s hard to know if you can trust a product. The situation with scam projects is complicated by the wide variety of tools that fraudulent actors use against us to steal funds and personal information or to get you to participate in the scheme.
The good news is that you can see some clear patterns. That being said, many of these fraudulent actors aren’t good enough at hiding their evil intentions.
We have compiled a list of 5 scam crypto bots and highlighted the techniques used to trick users into using them. After this article, you’ll cross these particular bots off your list and learn the patterns you can apply in your further investigation of trading software.
Open evidence checklistNo Trading Algorithm
Lacks a legitimate trading algorithm
No Safety Protocols
No measures to ensure user security
No Licenses
No regulatory oversight or licenses to operate
Unfavorable Privacy Policy
No protection of user data or information
Poor User Feedback
Negative user feedback and low trustworthiness
Declined Withdrawals
Difficulty in withdrawing funds
Unethical Marketing
Deceptive marketing practices
Official Warnings
Regulators have issued warnings against the platform
No Privacy Protocols
No protection for user data or information
Hostile Privacy Policy
Unfavorable privacy policy with disregard for user data
Fake Testimonials
Fabricated user reviews and success stories
Similarities to Scams
Resemblance to other known scams
Fake Celebrity Endorsements
Misleading celebrity endorsements
Crude Web Design
Poorly designed and unprofessional website
Limited Features
Lacks advanced features found in legitimate trading bots
Strong resemblance to other crypto bot scams
Noted for its similarities to other crypto trading scams
Unfriendly privacy policy
Raises concerns about user data protection and the potential for misuse
No cybersecurity
Criticized for its lack of security measures
No licenses
Operates without any regulatory oversight or licensing
Unethical marketing techniques
Aggressive and deceptive marketing tactics to lure in users
International criminal group
Is operated by an international criminal group, increasing the likelihood of unethical and illegal practices
No algorithm
The platform operates without a legitimate trading algorithm
No safety protocols
Lack of necessary security protocols to protect user data and investments
Countless evidence of money and data theft
Numerous reports of users losing their investments and personal information to the platform
No licenses
Operates without any regulatory oversight or licensing
Recent articles
July 12, 2026 (July 20, 2026)
July 11, 2026 (July 11, 2026)
July 10, 2026 (July 10, 2026)
July 8, 2026 (July 8, 2026)
Editorial and verification policy
How we review reports
No paid positive ratings
No guaranteed takedowns
No financial advice
Evidence-first review process
Every submitted report is checked against visible evidence. We do not mark a website, token, or platform as fraudulent based on a single user claim. Reports are classified by evidence level: Submitted, Under Review, Verified Risk, Insufficient Evidence, or Rejected.