Brief Look at Coinzo
The cryptocurrency platform Coinzo, founded in 2018 by the Turkish technology company Coinzo Teknoloji A.Ş., was initially positioned as a leading regional digital asset exchange supporting fiat trading pairs. The platform actively attracted users through low fees and a technical integration with TradingView. However, the project faced significant regulatory pressure from Turkish authorities and harsh economic conditions, leading to the announcement that trading would cease and the platform would close in October 2021. Despite official statements from Coinzo’s management regarding plans for an orderly liquidation and a six-month window for clients to withdraw remaining lira and crypto assets, the service's shutdown ultimately took on the characteristics of a destructive scam. In industry expert databases and investor communities, the platform has been reclassified as an inactive and fraudulent service.
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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