Check the incentives behind a crypto referral

Request a plain-language disclosure

Practical checklist · not an audit of another provider

Ask whether the referrer receives cash, tokens, rank benefits or continuing commissions when you invest or recruit someone else. Record the answer and the compensation schedule if available. A referral arrangement is not automatically deceptive, but it changes how the recommendation should be evaluated. Separate the person's experience from claims supplied by the programme.

Verify the investment independently

Practical checklist · not an audit of another provider

Find the operator, terms and any official warnings through sources outside the referral group. Check dates and the exact legal entity. The NovaTech complaint is a case study in alleged promotion despite warning signs, not proof that a different referrer has acted similarly. Keep your own findings separate from messages that are merely forwarded by several people.

Avoid spreading an unverified claim

Practical checklist · not an audit of another provider

Do not recruit others simply to recover your own deposit or reach a withdrawal tier. If concerns emerge, preserve the communications and discuss the facts without assuming that everyone in the network knew the offer was misleading. The FBI advises stopping further payments when investment fraud is suspected and retaining transaction information for official reporting.

Check the register entry against the actual offer

Practical checklist · not an audit of another provider

Record the provider's legal name, website and contact details, then compare them with the relevant official register and warning notices. Write down the activity covered by any authorisation and the country in which the service is offered. A company registration number is not automatically permission to provide an investment service. Likewise, the absence of a warning is not an endorsement. Keep a dated copy of your checks and leave inconsistencies unresolved until they are clarified through contact details obtained independently of the promoter.

Sources, dates and limits

Checked 23 October 2026 against the complaint announcement and SEC case page. The reviewed page establishes a clerk's default entry, not a final monetary judgment or a completed victim distribution.