Every entity in this index passes through the Cointiverse cartography pipeline before it is pinned to the chart. Blue Dragon enters with its coordinates already flashing: an official warning record sits behind the listing, and the surrounding pattern matches operations our team has mapped many times before.
What our cartographers found
Blue Dragon claims to operate under Blue Dragon LLC, which is registered with the Financial Services Authority (FSA) of Saint Vincent and the Grenadines. While we can confirm that a matching company exists in the SVG FSA registry, its registration status is listed as 'cancelled'. This indicates that the company has ceased operation. Furthermore, SVG FSA registration itself only grants International Business Company (IBC) status. This does not constitute a valid financial licence. The SVG FSA has clearly stated that it does not regulate or license forex brokers. Blue Dragon LLC is not licensed by any recognised financial authority. Despite its registration being revoked, it is still operating as a forex broker. Therefore, we consider Blue Dragon as a fraudulent broker.
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 Blue Dragon
Stop sending money immediately – especially any payment framed as a tax, unlock fee, or verification deposit. Preserve everything: transaction hashes, wallet addresses, receipts, chat logs and emails. The paper trail is what a recovery review runs on.
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.