Published
Browse Scam Brokers · Read the Blog
Watchlist entry · VaxCo
The Cryptoblackbird investigations desk logs operators that behave like investment fraud rather than legitimate brokerages. VaxCo fits that pattern. What follows is our case summary and the recovery path we recommend.
The concern in brief
VaxCo has been flagged as a Recovery rooms by FSMA Belgium. FSMA warning 25/04/2024. Jurisdiction: BE. It appears on an official regulator or fraud-warning list, which is a strong indicator of a scam operation. Treat any contact from this entity with caution. Reference: https://www.fsma.be/en/warnings/companies-operating-unlawfully-in-belgium
Warning signs to recognise
- New deposits are requested through crypto, wire, or gift cards — channels that are hard to reverse once funds leave your account.
- Account managers apply pressure — urgency, bonuses, or threats of “losing your position” — to keep you paying in.
- Clients are steered toward connecting a wallet, installing remote-access software, or sharing a seed phrase — none of which a legitimate broker would ever require.
- Withdrawals stall, get delayed, or are blocked behind sudden “tax”, “insurance”, or “anti-money-laundering” fees — money you should never have to pay to access your own balance.
What to do next
Believe you have been affected by VaxCo? Open a case with the Cryptoblackbird recovery team — we will review the details and reach out to you directly. Start your case review.