I have a verified account with Savvymining.Savvymining claims to be registered with UK Financial Conduct Authority (FCA) which means it is a financial company that is government regulated and follows strict rules to protect consumers. I have a screenshot of this claim which I can provide as evidence.I searched the FCA website and found that Savvymining is not registered and this claim is fraudulent. I entered into a chat on Savvymining and asked for FCA registration information. The chat sent me a link to the Savvymining UK business registration page. This has nothing to do the FCA and only means that Savvymining has registered an office address, which is meaningless.Speaking of the Savvymining office. This self-described world class cloud mining company with over 8 million active users and 1.6 million mining equipment (whatever that means) has its headquarters located in a house on a quiet residential street in Durham, UK. This is where dozens or even hundreds of employees are supposed to work? Look at Savvymining's world headquarters for yourself on Google street view. 58 Dene Hall Drive, Bishop Auckland, Co Durham, DL14 6UG. Does this look like the headquarters of a company with 8 million users in 170 countries?Savvymining also claims to have asset protection coverage from the large insurance company AIG to help bolster it's claim of legitimacy. I have a screenshot of this claim which I can provide as evidence.Savvymining offers no proof of insurance from AIG on its website. Every insurance policy has a proof of insurance card or document which makes insurance coverage very easy to verify.Savvymining claims to have been founded in 2017, yet had no Trustpilot reviews until 5 months ago and most of these are 5 star ratings. This is suspicious wouldn't you say?In conclusion, if Savvymining is a legitimate company it must provide proof of:FCA registration. Not an excuse of why the registration is not provided.Proof of insurance with AIG. Not an excuse of why proof of insurance is not provided.An explanation of why its "world headquarters" is a house on a quiet residential street somewhere in England and how many office workers are employed at this location. Not the excuse that it meets all legal requirements for a business address.I am filing a report against Savvymining for internet wire fraud with Action Fraud, the UK's fraud and cybercrime reporting center. I am providing a screenshot of Savvymmining's claim of FCA registration and AIG asset protection insurance as evidence. I can provide this to Trustpilot as well when Savvymining flags my review for defamatory content. There is no defamatory content in this review, only facts. When you send money to Savvymining it goes to an untraceable crypto wallet somewhere in the world and is lost forever. I challenge anyone who posts a 5 star review of Savvymining on Trustpilot to provide a link to a screenshot of their account showing a withdrawal amount greater than the deposit amount. These reviews are not real.I stand by all statements in this review and welcome any legal action taken against me by Savvymining. I dare you.
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