The CoinRilon app is a scam crypto investing platform which is reasonably well designed compared to a lot of similar fraudulent sites.
It uses the classic crypto pig butchering scam method of operating whereby victims are approached through social media or dating websites and befriended before being encouraged to invest in a zero- risk scheme which promises large returns.
It plays on people’s lack of understanding about crypto to claim that investors can secure huge returns through several crypto trading activities, with the biggest rewards on offer to those who deposit the most.
The platform also claims to be licensed by various bodies around the globe, including the US Financial Commission and the Financial Conduct Authority in the UK.
However, the entire website is fake and designed to convince unsuspecting investors to part with their money.
Key CoinRilon giveaways
Here are just some of the things that reveal CoinRilon to be a fake:
- Claims to have been around for 16 years, yet the domain is only a few months old.
- Clearly fake claims of being the “most popular financial broker institution in the world”.
- Fake reviews using what are clearly photos of models.
- A Domain Authority (DA) score of 1 meaning no inbound links and very little traffic.
- The platform claims to have won a host of awards, yet there is no evidence of this.
- Many links simply don’t lead anywhere, and the site lacks any of the regulatory information you’d expect from a legitimate platform.
- The platform gives an HQ address in the United States which is associated with many scams and frauds and is listed on numerous official blacklists.
- No social media channels or official apps.
- Numerous reports online of this platform being a scam.
I’ve been scammed by CoinRilon – can I get my money back?
Unfortunately, it’s highly unlikely that you’ll ever be able to get your money back from the CoinRilon scam, but there are some useful resources below that will give you further information about what to do if you’ve been scammed.
However, there are private companies that might be able to help which I’ve written about here.
Have you had any experience with this platform? Kindly share your thoughts in the comment section to help others stay informed and safe.