The case coordinates for Razor Markets were fixed the moment an official warning list picked the operation up. Our review of the available trail supports that placement.
Position on the risk map
Razor Markets claims that its entity, Razor Markets (Pty) Ltd, is a duly appointed Juristic Representative of Sithundhi Group (Pty) Ltd, which is regulated by the Financial Sector Conduct Authority (FSCA) under FSP No. 52030. We have verified that this license number indeed belongs to Sithundhi Group (Pty) Ltd. However, the FSCA registry does not list its operating domain or its representative status. As such, we cannot confirm the validity of the claimed relationship between the two entities. Secondly, Razor Markets states that its trading platform enables clients to engage in derivative trading with products issued by RocketX (Pty) Ltd, which holds FSCA license number 52142. While we can confirm that RocketX (Pty) Ltd is licensed, the FSCA records do not establish any official link between RocketX and the Razor Markets platform. Most notably, Razor Markets (Pty) Ltd itself does not appear in the FSCA’s public register of authorized financial services providers.
Red flags on the map
- Aggressive outreach through social platforms and messaging apps
- 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
If you have funds with Razor Markets
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.