Alleged Cryptocurrency Trading Platform Appears to Be Engaged in Fraud – Sea Collar Alliances, LLC

The investor learned about Sea Collar Alliances, LLC through a YouTube advertisement. When the investor tried to withdraw their funds, they were told their account was frozen. The investor was told that a 10% service fee on their profits was needed to unfreeze their account. The investor is unable to withdraw their funds.

How to Report

If you believe you are a victim of this alleged cryptocurrency scam:

• Report to FBI
• If you are outside Washington State: contact your local Securities Regulator
• If you are a Washington State resident: Submit a Complaint for statistical purposes. 

Other Resources:

• Virtual Currency, Cryptocurrency, and Digital Assets Information for Consumers
• Investment Fraud
• What You Can Do to Avoid Investment Fraud | Investor.gov