Threat Profile
Marketed through an unverified domain, First Scrap Global Inc. solicits deposits from retail investors for crypto and forex-style trading. It was escalated to forensic review following recurring complaint signatures.
Regulatory Posture
Our licensing review returned no authorisation for First Scrap Global Inc. from any credible regulator. Unregulated status of this kind is one of the strongest predictors of an unsafe trading environment.
On-Chain & Operational Notes
Where we have visibility, funds sent to comparable operators move rapidly off-platform into obfuscation infrastructure. The window for effective blockchain tracing is widest immediately after the transfer, which is why prompt documentation matters.
Indicators We Flagged
- Opaque corporate identity and unverifiable team or address
- Aggressive or unsolicited outreach and pressure to deposit quickly
- Returns or bonuses advertised that are inconsistent with legitimate markets
- No verifiable licence from a top-tier financial regulator
- Account managers steering clients toward larger top-ups
CryptoCISO Risk Verdict
On balance, First Scrap Global Inc. carries a elevated risk profile. The evidence points away from a legitimate, supervised brokerage and toward an operation structured to retain deposits.
If Your Funds Are Exposed
Should you be exposed, halt further payments and ignore demands for upfront fees to ‘free’ your balance. Gather your evidence – TXIDs, wallet addresses, screenshots, and correspondence – while it is still accessible. Early, organised evidence is what makes downstream tracing and reporting viable.