Brief Look at Blocktrade
European crypto exchange Blocktrade faced a severe crisis of confidence following the bankruptcy of major MLM companies Lyoness/MyWorld International in August 2025. As the ensuing legal proceedings revealed, Blocktrade was deeply integrated into the marketing schemes of these companies. Clients transferred their assets en masse, trusting internal advertising. However, after Lyoness shut down its systems, access to linked Blocktrade accounts was blocked, and the project itself became mired in legal disputes and debt.
Imperfections in the Blocktrade platform were related to the sudden freezing of client funds. The exchange's official website went offline under the pretext of maintenance ("We'll be back soon"), and its mobile apps stopped functioning. For a long time, retail investors have reported a complete inability to withdraw fiat and cryptocurrency, while the platform's technical support completely ignores any inquiries or complaints.
We constantly monitor the Internet for the emergence of new fraudulent schemes to deceive traders. We have been collecting data about scam brokers for more than 10 years and we think we know every dishonest company in the market. Below we have collected for you the information about the scammers from the List of SCAM Brokers.
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