Northpeak Grow Scam Crypto Investing Platform

Lost money to a crypto or trading scam? Read this first:

If your losses exceed £3,000 (in the UK) or $10,000 worldwide The Crypto Adviser can offer advice on recovering your funds. 

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Northpeak Grow is a scam crypto trading and investing platform which promises large returns yet is actually a fake site.

It’s been set up as part of a scam whereby would-be crypto investors are conned into signing up and parting with their cash by someone they’ve met online.

Northpeak Grow operates as a DApp connected to a crypto wallet and uses permissions to gain control of the user’s funds and drain their wallet.

The person who reported this scam to The Crypto Adviser said someone they’d been speaking to for many months mentioned the site to them and claimed that large profits could be made with no risk.

All investing has risk attached to it, especially crypto. Anyone who claims otherwise is not being honest and is likely to be involved in a scam.

Northpeak Grow platform red flags

There are lots of things wrong with both the platform and DApp meaning you should avoid interacting with it completely.

They include:

• A very new domain name.
• No social media profiles.
• Poor grammar and website design.
• Too many permissions with the DApp.
• No explanation as to how profits are achieved.
• No licensing or regulatory information.
• No evidence of company address.

Can I get my money back from the Northpeak Grow scam?

Tracing scams like this is very difficult and it’s likely that the platform will be shut down in the near future.

However, you should gather as much information as you can about it and report it to the police.

There are also private companies that might be able to help which I’ve written about here.

If you suspect a site is fake, get in touch.

Related post: Crypto scam help and resources