GoArbit Review: Is Goarbit.com Legit or Scam?

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On the current fad of digitized trading and cryptocurrency, users now hunt more online platforms that would guarantee them higher returns on their investments. One such online platform in question has been GoArbit. But like any other highly paid investment site, GoArbit went through nitpicking in its legitimacy. This GoArbit review takes a thorough look into how the site operates, user experience, and red flags encountered in it that make it look like a scam.

Overview of GoArbit (https://goarbit.com/)

GoArbit advertised itself as an investment platform where it undertakes cryptocurrency arbitrage, mining, and trading activities. All these made it possible to offer daily returns to its clients ranging from 0.5% to 1.5%. The platform first began listing in the month of May 2020 under the mastership of Maximo Martinez and later assured the investors of a 200% return. Nevertheless, as of April 2022, GoArbit had collapsed, leading to tremendous losses for many investors.

Inaccessible Website

By March 2025, the official site of GoArbit, https://goarbit.com/, would have gone offline. They say it has been put up for sale, which means that the platform has ceased to exist. Below this situation is where that leaves investors without access to their accounts or retrieval of funds, all along raising serious questions regarding the legitimacy of that platform.

Regulation and Accountability Issues

For GoArbit, one such red flag would be a total absence of regulation. It was not at all open regarding an established registration or licensing with duly recognized financial authorities. Attempts to investigate further its regulatory status in several jurisdictions unfruitfully ended, suggesting that GoArbit operated without proper authorization. This absence in the field implied that the investors had no legal protection or recourse when disputes arose or otherwise in financial losses.

Negative User Complaints

A great number of investors have laid vivid complaints against GoArbit defying the fund withdrawals. For instance, a Colombian investor states that he/she invested over 100 million Colombian pesos between June and November 2022 but has not been able to withdraw anything and also received no profit. Another user said that he invested $49.43 in February 2023 and found out that this money never made its way into his GoArbit account. These complaints indicate their promises turning into a trend into potential fraudulent activity.

Warning Signals

There were red flags aplenty unmistakably heralding GoArbit’s illegitimacy as an investment platform:

Unrealistic Returns:

Offering daily returns of 0.5% to 1.5% is a figure so unrealistically high it may really indicate some form of a Ponzi scheme.

Lack of Transparency:

The platform offers little information regarding its operations, management team, or physical location which would help an investor conduct due diligence.

Regulatory Warnings:

In December 2022, securities fraud was called on GoArbit by the Argentina National Securities Commission (CNV), which warned it was illegally operating.

Take Action Today!

Do not hesitate to seek expert assistance if you have fallen victim to a scam broker like GoArbit. Crypto Scam Investigation is a leading organization providing investigation and recovery services for victims of cryptocurrencies and other frauds. To begin retrieving your stolen money, visit cryptoscams.com.au right now.

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