Is mulatrade.xyz a scam?
'LIKELY SCAM'
Risk: HIGH
Website Screenshot
Overview
This is a newly registered site advertising a Telegram-based crypto trading bot with high referral rewards and aggressive profit/loss claims. Multiple strong red flags match hallmark patterns of pig-butchering and investment fraud.
Why We Think This Is A Scam
Domain registered only 2 days ago, but claims advanced product features and referral systems ('Referral System.Up to 50% Rewards.')—classic for pretense/adoption fakery.
High referral rewards up to 50% are a hallmark pig-butchering tactic, incentivizing viral spread rather than legitimate trading.
Aggressive profit-oriented language without risk disclosures ('Built for Profit.', 'Every feature designed for traders who refuse to miss an opportunity on TON').
Promises of simplified trading with 'No wallet setup. No browser extensions.'—often used to obscure custody/risk.
Heavily pushes Telegram as the platform, which is a common vector for pig-butchering and crypto scam operations due to lack of oversight.
No visible regulatory information, legal entity, verifiable address, or contact details—there are no disclosures, KYC/AML, or company registry data.
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Registration Info
Registrar:Namecheap
Registered:2026-05-17
Hosting Info
Provider:Vercel, Inc
Location:US
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