Reported as a scam / unregulated
Why ST5 is on the register
ST5 doesn’t even bother to build a webiste for PC. It only has a shoddy app platform to simply show some product information. This platform fails to disclose any details about its regulatory status, which is a significant scam indicator. Even worse, it is not upfront about its operator. Please think long and hard before making an investment decision when a platform is concealing such information. In essence, ST5 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. ST5 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.