This entity is on a financial regulator’s warning list. We do not recommend it.
| TheCoinTrust — warnings and facts | As of 26 Oct 2026 |
|---|---|
| Websites | thecointrust.com |
| Polish KNF public warning list | yes — entry 380 (criminal notification under Art. 178 of the Act on Trading in Financial Instruments) |
| Other regulators’ warnings (IOSCO I-SCAN) | none found |
| EU licence | none |
| ForexRev assessment | do not deposit money |
Beware of TheCoinTrust
TheCoinTrust is an unlicensed investment platform offering CFD investments. There are many indications that their operations are dishonest and designed to defraud. It is operated by SPT Media LLC, a company that has been warned against by the Spanish regulator CMNV.
The actions of “advisors” contacting on behalf of the platform are aimed at obtaining the largest possible payments under the pretext of bonuses, tax payments or commissions.
Below is the account of one of the injured parties:
For two weeks, I watched myself make money trading EUR/USD currency pairs. Then, Mr. Aleksander Laper (editor’s note: fake name), an employee at thecointrust, suggested the company offer me a €25,000 bonus for the same capital contribution. I did so, deposited €25,000, and received a €25,000 bonus. The app then showed me that I was making money using pre-set cryptocurrency robots.
Unfortunately, when I wanted to withdraw the profits, things started to go wrong. First, I had to pay EUR 3,800 in tax, then EUR 4,000 in insurance, then the profit miraculously increased and suddenly I had to pay Belka tax again, then the profit increased again and insurance again, and every day after depositing X amount, it turned out that there was something blocking my refund.
🛡️ How we checked this
On 26 October 2026 we checked the KNF public warning list and foreign regulators’ warnings collected in the IOSCO I-SCAN database (ForexRev’s warnings feed). The description below is based on reader reports.



