Verified Company Data
Attractive earning offers often lure novice investors who overlook legal aspects, neglect reviews, and fail to analyze offer details. This sets the stage for fraudsters like Morpher. They skillfully attract potential investors and entice them with large sums. Instead of making trading accessible to everyone, the creators of this project enrich themselves at the expense of others. Our review will reveal signs indicating Morpher’s dubious activities. We will present the results of checking legal documents and real customer reviews.
Company Information
According to the company’s statement, Morpher started its operations in 2017 and actively expands its client base. Most reviews were recently published, indicating a long concealment by scammers of their true intentions. The company’s website was acquired at a respectable age, creating an appearance of reliability. They also created their own token, MPH, used for operations. However, statistics on CoinmarketCap show a consistent decline in token price and questionable market capitalization. Morpher is not listed on reputable exchanges, signaling its scam origins.
Contact information on the website is limited. There is no phone number; communication is only possible through social networks or email. The number of followers on social media is inflated, indicating attempts to hide negative reviews and user questions.
Operating Basics
Information about Morpher’s legal status raises doubts. Internal documents claim that the company operates under California law, but it is not registered in this country. The legend states that Morpher is registered in Austria, but the FMA register contains no information about it. Scammers operate outside the law, posing a risk to investors.
Offer Characteristics
The Morpher site lacks detailed information on trading conditions. Instead, scammers offer various bonuses, participation in affiliate programs, and a minimal deposit. Reviews about the company should be viewed critically, as Morpher has built a positive image through paid reviews. User reports mention difficulties in withdrawing funds and low profitability.
Conclusion
Morpher is a fraudulent company that uses a fake token to deceive clients. They attract newcomers with generous terms but refuse payouts. Investors face the risk of losing significant amounts of money without the ability to withdraw their capital.
I am deeply dissatisfied with the broker’s performance in 2023 as it did not meet my expectations for professionalism and efficiency.