After reviewing Cryptics, we assess it as a high-risk, likely fraudulent broker. Below we break down exactly why, and what your options are if you have already deposited.
None found
High (4/4)
Undisclosed
Avoid — do not deposit
Who is Cryptics?
On the surface, Cryptics looks like an ordinary forex and crypto broker. Its public site is presented at https://cryptics.cc/. But surface impressions are exactly what these operations rely on — the substance behind Cryptics is where the problems begin.
Is Cryptics regulated?
We could find no evidence that Cryptics holds a valid licence from any recognised financial regulator. Trading client funds without authorisation is one of the strongest indicators of a scam — there is no regulator to complain to, and no protection for your money.
Red flags we identified
- Aggressive “account managers” coaching clients to deposit
- Withdrawals reportedly blocked behind “taxes,” “fees” or account “upgrades”
- Offshore or shell-company registration used to avoid oversight
- Account dashboards that show “gains” with no real market exposure
- Unrealistic profit claims and pressure to deposit more
Our analysis
On 1 Aug 2022, the Spain Comisión Nacional del Mercado de Valores (CNMV) issued a warning that Cryptics is not authorised to provide the investment services in Spain. You may visit: http://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&sortExpression=Fecha&sortDirection=1&page=0
Can you recover money lost to Cryptics?
If you have deposited with Cryptics, do not pay any further “fees” to withdraw — that is part of the trap. Funds sent to operations like this can sometimes be traced on-chain and pursued through the exchanges and processors that received them. Whether recovery is realistic depends on how you paid and how quickly you act.
Were you scammed by Cryptics?
You may still have options. Our team can trace where your funds went and tell you honestly whether recovery is realistic — with a free, confidential case review.
Start a free recovery review →Warning: never pay an upfront fee to anyone “guaranteeing” recovery. Cleverecovery does not guarantee outcomes.