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7 articles tagged cryptocurrency
KwikChex is warning that thousands of consumers are falling into what it describes as “help traps” — services that present themselves as solutions but often inflict further devastating financial harm. Two groups in particular are suffering losses totalling hundreds of millions globally. KwikChex investigations reveal a
On 19 October 2025, The Guardian published an article highlighting KwikChex’s investigation into fraudulent investment firms exploiting the Trustpilot review platform. The report warned of the risks these fake reviews and deceptive online practices pose to consumers and legitimate businesses. Scam investment firms regu
After an investigation by KwikChex and an article in The Mirror, Trustpilot has removed over 20,000 reviews from one business profile. The KwikChex investigation revealed how crypto business Nova Wallet has rocketed to the top of Trustpilot’s UK Banking and Money category, with 23,000 reviews. The investigation then fo
When KwikChex started an investigation into how a new crypto business called Nova Wallet instantly jumped into the number 1 rated UK company in Trustpilot’s UK Banking and Money Services (“Best in Banking & Money”), we had no idea that it would lead to a trail of businesses ‘ultra-hyped’ by celebrity endorsements and p
On 10/02/22, KwikChex was featured in an article in the Mirror newspaper following a joint investigation on cryptocurrency reviews on the Trustpilot site. View the full PDF of the Mirror article here Or view text below – Credits: The Mirror, Andrew Penman How far can you trust a review on Trustpilot? Online platf
On 15 July 2020 a number of high-profile Twitter users had their accounts hacked by scammers who proceeded to post fake tweets offering to double any Bitcoin that they received. This is the first time that so many public figures have been exposed by a single targeted cyberattack. Social media users should be wary of [&
KwikChex sees an increase in reports from consumers concerned about being caught out by cold-calling rogues offering to get their monies back after losing monies in initial scams. An increasing number of consumers are approaching KwikChex with stories of being contacted by people saying they can get monies back for the
