zelos.exchange Scam Check: 10/100 Trust | ScamMinder

Exercise caution when interacting with this website.

The content on the website zelos.exchange raises several red flags: 1. **Black Hat Reference**: The statement zelos.exchange made by a black hat. for black hats is highly unprofessional and suspicious. Black hat is a term used in hacking and unethical practices, and it's not something a legitimate business would proudly associate with. 2. **Anonymity and Avoidance of KYC/AML**: The website promotes anonymity and avoidance of know your customer (KYC) and anti-money laundering (AML) processes. This is a major red flag, as legitimate financial institutions and exchanges are required to adhere to these regulations for security and legal compliance. 3. **Unsubstantiated Claims**: The website makes bold claims about being trustworthy and reliable without providing any verifiable evidence or credentials to support these claims. 4. **Encouragement of VPN Use**: While using a VPN for online security is generally advisable, the specific recommendation of a VPN provider and the detailed information about a police raid on that provider are unusual and potentially fabricated. 5. **Telegram AML Bot**: The recommendation to use a Telegram bot to assess the risk of using centralized exchanges is unconventional and not a standard practice in the legitimate financial industry. 6. **Emphasis on Cash Transactions**: The strong emphasis on cash transactions and avoiding traceability is highly irregular for a legitimate financial service, as it raises concerns about money laundering and illegal activities. 7. **Unprofessional Language and Tone**: The use of unprofessional language and a casual, almost flippant tone in the content is not typical of legitimate financial or exchange platforms. 8. **Lack of Clear Business Model**: The website does not clearly explain its business model, revenue sources, or how it operates as a financial exchange. 9. **No Clear Ownership or Team Information**: Legitimate businesses, especially in the financial sector, typically provide clear information about their ownership, team, and physical address. The lack of such information is a significant red flag. 10. **Inconsistent and Unreliable Information**: The website provides inconsistent and unreliable information, such as the claim of being made by a black hat while also claiming to be trustworthy and reliable. Based on these red flags, the website zelos.exchange appears highly suspicious and potentially fraudulent. It is strongly recommended to avoid engaging with this website or any associated services."

• Black Hat Reference, Anonymity and Avoidance of KYC/AML, Unsubstantiated Claims, Encouragement of VPN Use, Telegram AML Bot, Emphasis on Cash Transactions, Unprofessional Language and Tone, Lack of Clear Business Model, No Clear Ownership or Team Information, Inconsistent and Unreliable Information