Xmdeficotd Broker Alert

Xmdeficotd.net

Xmdeficotd.com

On May 5th, 2024, Cryptotrace received notice about a potential scam through its CRM system. IOSCO warned about this possible fraud too. The websites Xmdeficotd.net and Xmdeficotd.com seem to offer financial services, however, very little information is available. It is unclear where they operate, what the services are, and who the owner is. They do not appear to be regulated.

Due to the lack of company transparency and the complexity of their website names, it is best to avoid these sites. 

What To Do If You Were Scammed By This Broker

Make sure you gather all information and records of communication, including bank statements. File a complaint with local authorities and regulatory bodies in your region. 

Report a Scam

Report the scam to Cryptotrace, an organization dedicated to investigating online scams and tracing lost funds to assist victims in the process of recovery.