Website: yoracle.ai
Exercise caution when interacting with this website.
https://yoracle.ai redirected to https//www.yoracle.ai during the time we crawled it. The website yoracle.ai presents several red flags that suggest it may be a scam or at least highly risky: 1. **Vague and Unrealistic Promises:** The website makes bold claims about using advanced AI to predict financial market trends with precision. It also mentions that most crypto traders lose money, which is a realistic statement, but it's not typical for a legitimate financial service to emphasize this. 2. **Native Token Warning:** The warning about not expecting any return on trades involving their native token ($yai) is unusual. Legitimate financial services typically don't make such disclaimers about their own tokens. 3. **Prohibition of Access from Certain Locations:** The prohibition of access from specific locations like the USA, UAE, or China is uncommon for legitimate financial services, especially if it's not due to regulatory compliance. 4. **Legal Disclaimers and Age Requirement:** The website includes extensive legal disclaimers and an age requirement, which can be a tactic to protect the company legally but may also be used to distance themselves from potential legal issues. 5. **Prohibition of Bots and Market Manipulation:** While it's common for financial services to prohibit market manipulation, the emphasis on this point can sometimes be a tactic to discourage scrutiny of their own trading practices. 6. **No Financial Advice Disclaimer:** Legitimate financial services often provide some form of financial advice or guidance, even if they disclaim liability. The complete absence of this can be a red flag. 7. **Intellectual Property Rights Warning:** The warning about not violating their intellectual property rights is standard, but the emphasis on this point can sometimes be used to discourage independent scrutiny or criticism. 8. **No Endorsement of Content Accessed Through the Site:** Legitimate financial services typically curate or endorse the content accessed through their platforms to some extent. The lack of this endorsement can be a red flag. 9. **User Responsibility for Trades:** While it's true that users are ultimately responsible for their trades, the emphasis on this point can sometimes be used to absolve the company of any responsibility, even in cases of potential fraud. 10. **Liability Disclaimer:** The disclaimer about the company and its related parties not being liable for any damages incurred while using their services is standard, but the emphasis on this point can sometimes be used to discourage legal action in case of disputes. 11. **No Financial Services License Mentioned:** Legitimate financial services are typically licensed or regulated in some way, and they often prominently display this information. The absence of such information can be a red flag. 12. **Use of Uniswap for Token Trading:** Uniswap is a decentralized exchange, and while it's a legitimate platform, it's also known for hosting a wide range of tokens, including many with questionable legitimacy. 13. **No Information on the Team or Company Background:** Legitimate financial services usually provide detailed information about their team and company background. The absence of this information can be a red flag. 14. **No Information on the AI Models or Technology:** The website mentions using advanced AI for market predictions, but there's no detailed information about the AI models or the technology used, which is unusual for a service making such claims. 15. **No Information on Data Sources or Methodology:** Legitimate financial services typically provide some transparency about their data sources and methodology, especially if they're making bold claims about market predictions. 16. **No Information on Security Measures:** There's no mention of security measures to protect user data or funds, which is a standard practice for legitimate financial services, especially in the cryptocurrency space. 17. **No Information on Regulatory Compliance:** Legitimate financial services, especially those dealing with cryptocurrencies, usually provide information about their regulatory compliance, especially in terms of anti-money laundering (AML) and know your customer (KYC) regulations. 18. **No Information on Insurance or Fund Protection:** Legitimate financial services often provide some form of insurance or fund protection for their users, especially in the event of security breaches or unexpected losses. Based on these red flags, it's advisable to exercise extreme caution when considering any involvement with yoracle.ai or its associated services. Conduct thorough research, seek independent financial advice, and be highly skeptical of any claims made by the platform."