Some operations earn a place on the Cointiverse map through victim reports; FinoFY arrived by regulator flag. Both routes end at the same coordinates: elevated risk.
Reading the coordinates
In 2022, the Securities Commission Malaysia (SC) issued a warning against FinoFY that this firm is carrying out of the unlicensed capital market activities of offering investment advice. You may visit: https://www.sc.com.my/regulation/enforcement/investor-alerts/sc-investor-alerts/investor-alert-list
Red flags on the map
- Dashboard balances that cannot be verified on-chain
- Pressure to deposit more in order to unlock earlier deposits
- Appears on an official regulator or fraud-warning list
- No verifiable licence for the jurisdictions it targets
If you have funds with FinoFY
Do not pay anything further, whatever label the request carries. Gather your records now – transaction hashes, wallet addresses, payment receipts, and every conversation – because the strength of a case rests on that trail.
Cointiverse can chart where the funds moved and give you an honest read on whether a realistic path exists. Start a confidential case review – there is no obligation, and the first assessment is free.