Reported as a scam / unregulated
Why Phantom Light is on the register
Phantom Light has not provided any information about its company or licensing data. This lack of transparency strongly suggests that it may be a fraudulent trading platform. The website only offers an email address for investors to contact, which can be easily faked or changed. The initiative of communication is on their side. If they shut down the website and refuse to answer emails, their clients are left helpless and vulnerable, with no effective way to recover their money. In essence, Phantom Light is not regulated by any governing body. Entrusting this broker with investors’ funds is highly risky, as there are no legal protections in place to safeguard the funds. Phantom Light is unequivocally a scam.
If you have money with this broker
- Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
- Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
- Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
- Get guidance. Tell us what happened and we will point you toward the right next step. We are a free public registry — we never charge any fees.
SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.