High Risk
Reported as a scam / unregulated
SF-707939registry entry
Why Coinoverse is on the register
Coinoverse merely claims to be registered in St. Lucia to substantiate its legitimacy. But it is critical to note that the offshore center doesn’t allow forex trading activities. Therefore, Coinoverse is not regulated at all. In essence, Coinoverse 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. Coinoverse appears to be 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.