This Floki review will analyze the broker’s operations, focusing on red flags and tips for recovering lost funds if scammed.
Floki Broker Overview
- Website: https://floki.com/
- Website Availability: YES
- Headquarters Country: NA
- Owned By: Floki Ecosystem
- Blacklisted by: Not recommended by the review website like Fraud Recovery Experts
- Domain Age:
- Name: FLOKI.COM
- Registry Domain ID: 106809379_DOMAIN_COM-VRSN
- Registered On: 2003-11-17T19:12:19Z
- Expires On: 2025-11-17T19:12:19Z
- Updated On: 2021-10-14T20:39:37Z
As a cryptocurrency token, Floki calls itself “The People’s Cryptocurrency,” with plans to empower the people with crypto via various initiatives. The official website floki.com showcases several projects in the Floki ecosystem, such as:
Valhalla– A play-to-earn NFT metaverse game that is played with the $FLOKI token. It involves gaming interaction on-chain, upgradeable in-game NFTs, and a play-to-earn economy.
TokenFi– An integrated tokenization platform that supports the management of tokens.
The website strives for community involvement and charity outreach, representing its agenda of empowering people via GameFi, DeFi, and crypto education.
Concerning Characteristics of the Floki Platform
Lack of Physical Address:
The official website of Floki does not provide a physical address for the organization behind it. The absence of any verifiable contact info may act as a red flag for prospective investors, as transparency about a company’s operations and whereabouts tends to indicate legitimacy.
Registrar Concerns:
The domain has been registered with a registrar whose statistics indicate a high percentage of spammer and fraudulent sites. Such findings may lead to additional concerns.
Warning signs highlighted by users and reviewers alike are:
Overhyped Claims and Celebrity Endorsements:
This platform makes inflated claims about its utility and adoption-gaming greats in news publications and benefits from the endorsement of celebrities including, of course, Elon Musk. All these claims tend to be exaggerated or misleading, intended to gain credibility when not sufficiently backed.
Lack of Clear Utility and Unsubstantiated Partnerships:
Although several potential uses for the token are mentioned on the website, none provides concrete explanations for these utilities, while listed partnerships with well-known names such as Apple and Amazon are lacking in verifiable evidence, a common tactic found in crypto scams to generate an illusion of legitimacy.
Absence of Clear Roadmap and Technical Details:
The lack of a precise roadmap and technical whitepaper outlining the project in question and its goals and technology raises doubts concerning its legitimacy.
Avoid These Popular Online and Financial Scams
Scammers have various ways to get into the minds of people and take away money from them. Here’s the list of scams:
- WhatsApp Scams: Scammers pretend to be officials, friends, or investment consultants. Their task is to lead the victim to invest in fake schemes or attempt phishing.
- Telegram Scams: Scammers create bogus groups and pose as real businesses to promote fraudulent investments, fake giveaways, and Ponzi schemes.
- Ponzi Scams: Their promise is of high returns and low risk, which is paid by new investors to earlier ones until the scheme collapses.
- NFT Scams: Scammers create bogus NFT projects, artificially inflate the price of NFTs, or simply dupe buyers into purchasing worthless digital collectibles.
- Amazon Scams: Fake Amazon representatives trick users into leaking personal details via fake order confirmation emails, refund scams, or phishing websites.
Is Floki Broker Legitimate?
Using the following aspects, we try to confirm the legitimacy of Floki Broker:
- Regulation Status: Legitimate brokers are regulated by the SEC, FCA, or ASIC. The lack of regulatory information is a big red flag.
- User Reviews and Complaints: Complaints from dozens of investors regarding lost funds and withdrawal issues point to scamming.
- Transparency and Credibility: Lack of company data, hidden fees, and misleading terms are signs of fraud.
How to Get Funds Back from Floki Broker?
If you got scammed by Floki Broker, these steps might help you recover your funds:
- Report to Your Bank or Payment Provider: Refer to transactions made without your permission and file a chargeback request.
- Collect All Evidence: All communications, transaction receipts, and screenshots should be consolidated as proof of the scam.
- Complaint Registration with Financial Authorities: Report the scam to the regulator within your country.
- Consider Seeking Professional Help: Recovery experts can follow the money trail and launch a lawsuit against the fraudulent brokers.
About Fraud Recovery Experts
Fraud Recovery Experts offer assistance to financial fraud victims in recovering their money. Our team of specialists works alongside banks and legal authorities to trace fraudulent transactions and assist them in the process of recovery.
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New fraudulent schemes targeting traders are something we are constantly keeping an eye on across the internet. Having gathered data on scam brokers for over ten years, we hardly can think of any other untrustworthy company in the market. Information about the scammers is provided below from our List of SCAM Brokers.
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