Ethvip20.com Review — Scam Warning & Red Flags

Overall Rating: 🚨 Highly Suspicious / Avoid at All Costs
Regulation: None verified
Withdrawals: Reportedly blocked or denied
Customer Support: Unresponsive after deposits
Verdict: Likely Scam Broker

Overview

Ethvip20.com positions itself as an online cryptocurrency trading and investment platform, claiming to offer users access to digital asset markets with intuitive tools and potential profits. However, a growing number of user reports and community complaints indicate serious issues with the platform — particularly around withdrawals and account access — leading many to classify Ethvip20.com as a scam broker rather than a legitimate exchange or broker service.

User Complaints and Common Issues

Several traders who deposited funds with Ethvip20.com describe a consistent pattern of events:

• Initial outreach through social media or promotional messages

• Encouragement to deposit funds with promises of strong cryptocurrency returns

• Account dashboards showing rapid, “high profitability” shortly after deposits

• Withdrawal requests being delayed indefinitely, denied, or ignored

Many users report that, upon attempting to withdraw funds, they were suddenly asked to pay extra charges — such as “processing fees,” compliance costs, or unexpected taxes — before withdrawals could be processed. Despite fulfilling those requests, reported withdrawals never materialised, and communication from the platform became sporadic or ceased entirely.

Major Red Flags Identified

Several warning signs associated with Ethvip20.com are consistent with known scam broker or fraudulent crypto platform behaviour:

🚩 No Verifiable Regulation

There is no clear evidence that Ethvip20.com is licensed or overseen by any recognised financial authority. Legitimate brokers and exchanges typically publish verifiable regulatory credentials.

🚩 Artificial Profit Displays

Accounts may show inflated or falsified profit figures designed to encourage larger deposits rather than reflect actual tradable gains.

🚩 Repeated Fee Requests

Users report repeated demands for additional payments to process withdrawals — one of the strongest indicators of scam behaviour in online trading platforms.

🚩 Opaque Business Structure

There is limited or unclear information about the company’s ownership, physical location, or legal entity, making it difficult to assess accountability or reach responsible parties.

57 Investigations Ltd and Recovery Efforts

As complaints about Ethvip20.com continue to surface, 57 Investigations Ltd has been assisting affected traders. This firm specialises in financial fraud investigations and transaction tracing and has been helping victims initiate forceful reversals of their deposits.

57 Investigations Ltd reportedly analyses transaction histories, detects signs of fraudulent activity, and collaborates with banks and payment processors to pursue potential recovery avenues that individual victims might find difficult to access on their own. While no recovery is guaranteed in these cases, engaging professional support early can improve the chances for affected traders to reclaim at least part of their losses.

Is Ethvip20.com Safe?

Based on available reports and multiple user complaints, Ethvip20.com is not considered a safe or trustworthy platform. The following issues strongly suggest it may be fraudulent:

❌ No verifiable regulatory oversight
❌ Blocked or stalled withdrawals with additional fee demands
❌ Opaque business and ownership information
❌ Patterns typical of online trading scams

Investors are strongly advised not to deposit funds with this broker or exchange.

How to Protect Yourself

To reduce the risk of falling victim to similar schemes:

• Verify regulatory status with official financial authorities before depositing funds

• Be cautious of guaranteed or unusually high returns

• Avoid paying extra fees to “unlock” or process withdrawals

• Research independent reviews and user complaints beyond the platform’s marketing content