Coingen is a trading platform that enables its users to generate their own cryptocurrency by investing some amount of cryptocurrency in the form of Bitcoins.
Is Coingen Registered?
It is found that Coingen’s website was privately registered in the year 2020. But, the identity of its founders is still anonymous. It claims to generate profit through trading in exchange for foreign currencies, cryptocurrency trading, and mining. Elite, Expert, Deluxe, and VIP are its investment plans to lure the investors. But, we also found in our research that Coingen is not a regulated entity.
How Safe Is It To Invest With Coingen?
Unfortunately, the website of Coingen has been terminated and its domain has been put up for sale. It terminated its operations arbitrarily. Many investors complained of losing their funds and the scheme was found out to be a Ponzi money-making venture. Only negative reviews are available about it.
How To Protect Yourself Against Scams And Subsequent Recovery Of Money From Coingen?
If you want to keep yourself protected against scamming activities, you can avail of our guidance on anti-scamming strategies. In case your money has been seized by Coingen, you can avail of the services of the fund’s recovery companies listed with us to recover back your lost money.