The Ocean Trade scam is an elaborate and sophisticated scam that acts as a legitimate cryptocurrency trading and investing platform. It is operating under ocean-trade.org and presents itself as a legit and registered company in New Zealand, yet it offers cryptocurrency trading, smart contracts, investment packages, and other deceptive crypto business services. The scam is all about deceiving unsuspecting users and outright stealing from them.
- Website: https://ocean-trade.org/
- Website Availability: Yes
- Address: Steve Brooks, 25d Churchill Street, Christchurch Central, Christchurch, 8013, New Zealand
- Warning: Financial Markets Authority (New Zealand)
- Domain Blacklisted Status: It seems there is no direct mention of this domain being on a blacklist.
False Claims of Legitimacy
Ocean Trade has created a story about the operation, including advanced security protocols, verification locks, and data encryption as a measure of trust for the unsuspecting audience. Another source of concern is their attempts to impersonate a legitimate and registered New Zealand business, although they gained a less productive and an impression of credibility. Just as criminals steal the identity of individuals, these types of fraud should raise even greater suspicion and prompt investigators to intervene.
Multiple Fraudulent Websites
The Ocean Trade scam is not restricted to one domain name (ocean-trade.org) alone. The operation has registered at least 12 fraud websites under other names, and they all have processes to falsely register web domains to create impressive images of legitimacy, fake credentials to create credibility, and, of course, to give unwitting victims a high value return on their investment to entice them to deposit. The other sites are:
- perfectglobaltrade.org
- livetradeinvestment.com
- upliftfxinvest.net
- episodegrab.org
- stakefunds.org
- coinfinancefxtrading.com
- cryptoprofitrade.com
- cnkglobalinvestment.com
- realearners.net
- coinfinancefxtrading.com
- and several others
Each of these sites follows a similar pattern—false registration claims, fake credentials, and promises of high returns—to trick victims into depositing funds.
Regulatory Warning from New Zealand FMA
Facing increasing reports of financial loss and fraud, the New Zealand Financial Markets Authority (FMA) issued a public warning regarding Ocean Trade. The FMA stated that they were not legally allowed to provide financial services in New Zealand or use the credentials of a registered local business. These warnings make it abundantly evident that the website is fraudulent and functioning illegally.
Common Victim Complaints
Victims of the Ocean Trade scam consistently mention the following points:
- Pressured to deposit
- Customer support disappeared
- Inability to withdraw earnings
- Forced to pay a new ‘fee’ to access earnings
These are common techniques used in an investment scam that strip victims of their money but keep giving the impression of legitimacy in the process.
Take Action with Proupshot.co
If you lost money with Ocean Trade, you are not alone, and you can get help. Proupshot.co helps victims of fraudulent online trading platforms like Ocean Trade. Proupshot investigates scam websites, helps you with documentation, and helps you to recover your money when possible. Don’t let scammers keep your money; contact Proupshot to start the money recovery process!
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