crypto-stone.io Scam Check: 10/100 Trust | ScamMinder

Exercise caution when interacting with this website.

https://crypto-stone.io redirected to https//www.crypto-stone.io during the time we crawled it. The website claims to be a decentralized crypto exchange and payment gateway, offering a token (CPS) and various services. However, several red flags and inconsistencies are present: 1. Anonymity and No KYC: The website claims to be fully anonymous and not require KYC (Know Your Customer) procedures. This is highly unusual for a legitimate financial service, especially in the context of a decentralized exchange and payment gateway. Legitimate platforms typically have some level of KYC to comply with regulations and prevent illicit activities. 2. Legal Opinion Document: While the website provides a link to a "legal opinion" document, it's important to note that such documents can be easily fabricated or misleading. Legitimate legal opinions are typically issued by reputable law firms and are not a definitive guarantee of a project's legitimacy. 3. Unrealistic Claims: The website makes grandiose claims about facilitating global financial services for over 2 billion unbanked and underbanked people, providing easy and fast payment gateway services for SMEs, and eliminating local laws. These claims are highly ambitious and not substantiated with credible evidence. 4. Lack of Transparency: The website lacks transparency in terms of the team behind the project, its operational details, and the technology powering the platform. Legitimate projects usually provide detailed information about their team, technology, and operational processes. 5. Overemphasis on Anonymity: The website repeatedly emphasizes its anonymity and no-KYC approach, which is uncommon for legitimate financial services, especially in the context of compliance with international regulations. 6. Unrealistic Promises: The website's claims of "no centralized decision making as a paradigm" and facilitating foreign stock investment and security token crowdfunding in a decentralized manner are highly ambitious and not aligned with the current regulatory environment. 7. Vague Technical Details: The website lacks specific technical details about its decentralized exchange and payment gateway, such as the underlying blockchain technology, security measures, and operational mechanisms. 8. Cookie Declaration: The website's cookie declaration, which includes categories like "necessary," "marketing," "analytics," and "preferences," is not directly related to the core services of a decentralized exchange and payment gateway. 9. Unrealistic Financial Claims: The website's claims of reducing financial transaction costs and providing new income streams through its services are not substantiated with credible evidence or a clear business model. 10. Lack of Credible Partnerships: The website mentions partnerships with media and wallet providers, but the credibility of these partnerships is not independently verifiable. 11. Ambiguous Regulatory Compliance: While the website claims to comply with EU, UK, US, and other international legislation, it does not provide specific details or evidence of this compliance. 12. Unsubstantiated Security Claims: The website claims to encrypt personal information, but the details of this encryption and the overall security measures are not clearly explained. In conclusion, the website exhibits several red flags commonly associated with potentially fraudulent or high-risk cryptocurrency projects. It's important to exercise extreme caution and conduct thorough due diligence before engaging with such platforms, especially when they make unrealistic claims and emphasize anonymity in a financial context."

• Anonymity and No KYC, Legal Opinion Document, Unrealistic Claims, Lack of Transparency, Overemphasis on Anonymity, Unrealistic Promises, Vague Technical Details, Cookie Declaration, Unrealistic Financial Claims, Lack of Credible Partnerships, Ambiguous Regulatory Compliance, Unsubstantiated Security Claims