Paperorcoin
We checked Paperorcoin against the AskCheck register. It has been reported (2024) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
What we found
The website of Paperorcoin lacks licensing details to substantiate its legitimacy. While it provides a company number in the footer, it does not specify the issuing authority, making it difficult to verify the registration. It is important to note that Paperorcoin claims to be based in Anguilla, where forex trading activities are not regulated by the local financial authority. In essence, Paperorcoin is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. Paperorcoin appears to be a scam.
Assessment source: FastBull BrokersView.
What to do next
- Stop sending money. Don’t make another deposit, pay a “tax” or “release fee”, or share remote-access to your device.
- Gather your evidence. Save statements, chat logs, transaction IDs and the wallet addresses you paid to.
- Report it to your regulator and to local police / action-fraud line so it’s on the official record.
- Add your report here so the next person searching this name is warned — report Paperorcoin.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.