Standard Crypto Currency

Is Standard Crypto Currency a scam? Based on its regulatory footprint, withdrawal behaviour and corporate transparency, our verdict is clear — and concerning. Here is the full review.

Who is Standard Crypto Currency?

Standard Crypto Currency markets itself as an online trading and investment service. Its public site is presented at https://standardcryptocurrency.net/. As with most operations of this kind, the polished front end conceals a lack of the basic protections a real, regulated broker is required to provide.

Is Standard Crypto Currency regulated?

We could find no evidence that Standard Crypto Currency 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
• Unrealistic profit claims and pressure to deposit more
• No credible physical address or verifiable corporate record
• Opaque or anonymous corporate ownership
• Offshore or shell-company registration used to avoid oversight

Our analysis

On 19 Dec 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Standard Crypto Currency was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/standard-crypto-currency

Can you recover money lost to Standard Crypto Currency?

If you have deposited with Standard Crypto Currency, 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.