Cryptriva has been identified as a risky opportunity by Intelligence Commissioner users. It is similar to YIPTG. We’ve received over 3 complaints against Cryptriva.
The lack of ownership and leadership information on Cryptriva’s website raises questions regarding its validity. The website is mostly an affiliate sign-up and login gateway with little corporate or product information. The secret registration of “cryptriva.com” on January 29, 2024, and claims of having shell corporations in the U.S. and Canada, which can be established with little information, also pose risks. The lack of regulation and license strongly suggests Cryptriva may be a scam, operating without responsibility and putting investors at risk.
Get Your Money Back From These Scammers!
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Key Takeaways
Is Cryptriva Regulated? Do They Have a License?
Cryptriva’s web presence raises concerns owing to the lack of critical information like as ownership and corporate leadership. The company’s website now serves only as a portal for affiliate sign-up and login, with no significant corporate or product information.
This lack of transparency is exacerbated by the private registration of the website domain “cryptriva.com” on January 29, 2024.
In order to gain credibility, Cryptriva claims to have shell firms established in the United States and Canada. However, the simplicity with which shell firms can be created with limited, if not false, details reduces the relevance of such registrations for multi-level marketing (MLM) due diligence.
It is recommended that you exercise caution and thorough research before joining or investing in MLM firms that do not identify their leadership.
The lack of regulation or the presence of poor regulation is a huge red flag. It means Cryptriva 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 Cryptriva, 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 Cryptriva
Cryptriva does not provide any retail products or services. Affiliates’ sole choice is to market Cryptriva membership, which raises concerns about the business model’s long-term viability.
Cryptriva provides an investment-based compensation structure with varied payouts depending on the amount invested.
- Silver Tier: Invest $100 to $999 for a 6% monthly return, with the funds locked for 90 days.
- Gold Tier: Invest $1,000 to $2,499 to receive a 10% monthly return, with the funds locked for 180 days.
- Elite Tier: Invest $2,500 or more and receive a 12% monthly return, with funds locked in for 180 days.
Referral commissions are structured using a unilevel system with a maximum depth of ten levels. Commission rates vary according to investment tier and level within the unilevel team. For example, Silver tier affiliates can earn up to 5% on their first level and 1% on their fifth level.
Joining Cryptriva as an affiliate is free, but full involvement in the revenue possibility requires at least a $100 investment.
Business Models and Sustainability
Cryptriva claims to generate external revenue using a variety of undisclosed means. However, no proof backs up these assertions, casting doubt on the soundness of their business strategy. The company’s approach fails the “Ponzi logic test”; if Cryptriva could consistently generate a 12% monthly return, there would be no reason to seek public financing. The primary observable source of revenue is new investment, indicating a possible Ponzi scheme structure.
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.
Cryptriva 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.
If you have information on a scam or criminal operation, you can get access to 40+ investigative journalists & news outlets for free. Send us a detailed report here and if you qualify, we will forward your case ahead.
Cryptriva 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 Cryptriva 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 Cryptriva 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 Cryptriva, chances are, you wouldn’t find many legitimate reviews.
Another prominent way scammers like Cryptriva enhance their credibility is by burying negative reviews and complaints under a lot of fake reviews.
This way, when you’ll look up “Cryptriva reviews”, you might not find many complaints. Or, you might find them buried within numerous reviews praising Cryptriva.
You should always look out for consumer complaints. In the case of Cryptriva, 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 Cryptriva? You can share your complaint in the comment section or submit an anonymous tip.
Is Cryptriva Legit Or a Scam?
Cryptriva’s dependency on new investments to meet affiliate withdrawals is consistent with normal Ponzi scam operations. Such schemes are unsustainable and frequently result in considerable losses for the majority of participants as recruitment and new investment levels decline.
It is critical to understand the huge risks connected with investing in companies like Cryptriva, which lack transparency and rely largely on continual recruitment.
Cryptriva 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 Cryptriva 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 Cryptriva?
All the evidence suggests that Cryptriva 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
Is Cryptriva a scam?
Can I withdraw money from Cryptriva?
Where is Cryptriva Located?
How do I get my money back from Cryptriva?
How The Cryptriva 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. 
