Company Name: First Bank of Crypto
Website Accessibility Status: False
Company URL: https://firstbankofcrypto.com
Introduction
Firstbankofcrypto.com presents itself as a leading digital bank and cryptocurrency investment provider, targeting individuals looking to profit from digital asset markets. This review aims to critically assess the legitimacy, risks, and real user experience of firstbankofcrypto.com, providing readers with clear guidance on whether this platform is safe to use or should be avoided.
Methodology
Our investigation included trust-score checks via ScamAdviser and Scam Detector, cross-referencing major regulator blacklists (FCA, SEC, ASIC, FINMA), analyzing user reviews on forums and social media, and reviewing the site’s transparency and operational background.
Company Overview
Firstbankofcrypto.com claims to offer innovative banking solutions and cryptocurrency investment opportunities. The website features a modern design and promises secure, high-yield returns. According to WHOIS data, the domain was registered with GoDaddy.com, LLC and has changed hands since its first registration between 2017 and 2023. The registrant’s country is unknown, and there is no clear ownership or physical address information visible on the site. As of this review, the website is no longer accessible, which raises immediate concerns about its operational status.
Legitimacy And Regulatory Status
Checks with major financial regulators, including the FCA, SEC, and ASIC, reveal that firstbankofcrypto.com is not licensed or registered to provide financial services. The platform appears on several scam warning lists and has been blacklisted by key authorities. ScamAdviser reports a very low trust score, flagging anonymity, lack of regulation, and user complaints. Scam Detector similarly ranks the site as high-risk and unreliable. No valid business registration or licensing information is displayed on the website.
Pros And Cons
Pros:
– Attractive website design
– Promises high returns (though unsubstantiated)
Cons:
– Anonymous ownership
– Unregulated and blacklisted by authorities
– Website inaccessible
– Numerous scam warnings and negative reviews
– No customer support visibility
Red Flags And Warning Signs
Several red flags are present: the site is blacklisted by regulators, has no verified ownership or licensing, and is currently offline. Multiple reports detail withdrawal problems, fake licensing claims, and a total lack of support. These indicators, combined with widespread scam warnings, strongly suggest that firstbankofcrypto.com operates as a fraudulent platform.
User Feedback And Reputation
Across independent forums and social platforms, firstbankofcrypto.com is widely labeled as a scam. Users report issues such as blocked withdrawals, non-existent customer service, and aggressive marketing tactics. There are no verified positive reviews or evidence of legitimate payouts. Trustpilot and similar platforms feature complaints about lost funds and accusations of classic advance-fee scam behavior. The consensus among users is overwhelmingly negative.
Expert Assessment Recommendation
Based on regulatory blacklisting, negative trust scores, and consistent user complaints, firstbankofcrypto.com should be avoided. There is no evidence of legitimacy, and all signs point to a high risk of financial loss. If you or someone you know has suffered losses, document all interactions and report your case here for assistance.
Due diligence is essential before investing online. Only trust regulated platforms. Readers are encouraged to share their experiences below and consult authorities if they suspect fraud.