CBUSY has been identified as a risky opportunity by Intelligence Commissioner users. It is similar to Xroguard. We’ve received over 4 complaints against CBUSY.
It has been determined that the website CBUSY is a fraudulent operation masquerading as a reliable cryptocurrency trading service. Its real goal is to trick customers and take their money, even if it presents itself as offering sophisticated and safe trading services. The people behind CBUSY are con artists that get people to deposit their Bitcoin so they may steal it afterward. They also use the site as a means of stealing login information, which puts the victims at risk for identity theft, further money losses, and cybersecurity issues. To safeguard their money and privacy, users using cryptocurrency platforms should stay away from CBUSY and proceed with care.
Get Your Money Back From These Scammers!
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Key Takeaways
Is CBUSY Regulated? Do They Have a License?
CBUSY is a fraudulent scam that is meant to fool consumers and steal their assets, even though it presents itself as a reliable platform for trading cryptocurrencies. Swindlers are the ones who run this website; they trick people into depositing their Bitcoins, only to steal it later on.
In addition to this, CBUSY is a tool that can be used to steal the login information of users, which leaves them vulnerable to identity theft, extra financial losses, and vulnerabilities in matters of cybersecurity.
Individuals who are using cryptocurrency platforms should avoid CBUSY and take care to safeguard not only their financial assets but also their personal information.
The lack of regulation or the presence of poor regulation is a huge red flag. It means CBUSY is a scam and most likely, an illegal operation.
Companies offering investment services or opportunities without having a license can vanish without leaving a trace. Furthermore, the lack of a regulatory license allows them to get away with it and face no legal consequences.
That’s why it’s vital for you to always check a company’s regulation status as well as its license information. The presence of a license allows consumers to reach out to an authority if something goes wrong.
In the case of CBUSY, victims have nowhere to go due to the absence of a watchdog or license.
You should ask yourself the following questions when you come across a new investment firm or opportunity:
- Does the investment provider maintain transparency about its CEO?
- Do they have a license from a renowned regulatory authority?
- If the need arises, can I reach out to an authority to report this company as a scam?
Trading Conditions and Deposit/Withdrawal Methods at CBUSY
Once they have registered on CBUSY, those who fall prey to this fraud are rewarded with a balance of around 0.31 BTC. This is accomplished by inputting the codes that are supplied to them. However, when users attempt to withdraw these monies, they are met with a notice that instructs them to make a minimum deposit of 0.005 BTC to “activate” the withdrawal facilities.
By requiring users to make a deposit, the con artists can trick consumers into transferring genuine Bitcoin money with which they immediately disappear. To tell you the truth, both the CBUSY platform and the alleged celebrity cryptocurrency giveaway are completely made up.
However, it’s worth noting that many scammers disable their payment channels before shutting down their operations.
They might give you multiple reasons including:
- A technical error
- A glitch in their system
- Banking issues
- A “hacking attack”
And many others.
But in 9/10 cases, the scammers stop making payments and keep the money to themselves. Hence, the payment methods we discussed here might not work.
If you want to get your money back from a scammer, you’d need to file a chargeback.
CBUSY Customer Service: Do They Handle Complaints Well?
When it comes to scammers, you should only measure the quality of their customer service if they respond to your complaint.
In the beginning, scammers tend to remain very accessible.
This means their representatives will keep calling you until you invest with them. Furthermore, they will act friendly and make it seem as if you’re one of their most valuable consumers.
However, they do all this just to win your trust.
Scammers understand that to convince someone to give them a large sum, they will need to seem like a friend.
Nevertheless, when you have invested a considerable amount of money and need to get it back, their customer support will become inaccessible.
All of a sudden, their numbers would either stop responding or become unavailable.
Still, they might remain accessible to convince you to invest further. Also, they might begin by making a few excuses regarding your payment.
However, in the end, customer support won’t resolve your issues and become increasingly unavailable.
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CBUSY Reviews: What Do Others Say?
It’s worth noting that many scammers tend to purchase fake reviews. Buying fake reviews has become extremely easy and it’s a multi-million dollar industry.
Scammers like CBUSY tend to purchase fake reviews for their online profiles to make themselves seem more credible.
TIME Magazine investigated the fake review industry and estimated it to be worth more than $150 million. Certainly, there are a ton of scammers who want to seem legitimate and a bunch of fake reviews is the most effective way to do so.
That’s why you shouldn’t trust CBUSY reviews easily.
It’s easy to identify fake reviews as well. You should look out for 5-star reviews posted by temporary accounts (profiles that only posted 1 or 2 reviews on the platform). Also, you should see if the positive reviews share any detailed information about their experience with the firm or not.
In the case of CBUSY, chances are, you wouldn’t find many legitimate reviews.
Another prominent way scammers like CBUSY enhance their credibility is by burying negative reviews and complaints under a lot of fake reviews.
This way, when you’ll look up “CBUSY reviews”, you might not find many complaints. Or, you might find them buried within numerous reviews praising CBUSY.
You should always look out for consumer complaints. In the case of CBUSY, the most common complaints I found were about:
- Poor customer support
- Delays in payments
- High fees
- Lack of transparency regarding their leadership team
- Aggressive sales staff
Do you have a similar complaint about CBUSY? You can share your complaint in the comment section or submit an anonymous tip.
Is CBUSY Legit Or a Scam?
CBUSY is an unregulated entity. Although they might fall under the jurisdiction of a watchdog, they don’t have the license to offer financial services to consumers.
The lack of a license means they are not answerable to any regulatory authority. As a result, the people behind CBUSY can run away with your money without any prior notice. It would help if you were extremely cautious when dealing with an unregulated service provider.
The absence of a watchdog also means you cannot report to them to anyone.
Also, due to the absence of specific regulations, there is no provision protecting you from the insolvency of this entity. If they go bankrupt, you won’t be able to do anything about it.
Can You Trust CBUSY?
All the evidence suggests that CBUSY is a scam. If you have lost money to them, there is still a chance you can get it back.
To recover your funds, you’d need to file a chargeback.
Frequently Asked Questions
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How The CBUSY Online Scam Works
Intelligence Commissioner investigates & reviews online money-making opportunities. We strive to provide critically helpful information to our readers and assist them in identifying scams. 
