NUT MONEY Crypto Exchange: A Red Flag Warning for Crypto Users

NUT MONEY is not a legitimate cryptocurrency exchange. It is a high-risk platform with clear signs of being a scam. If you’re considering using it, stop. There is no verified company behind it, no regulatory oversight, and no history of secure operations. What you’ll find is a website designed to look real - but every critical piece of evidence points to fraud.

There’s No Such Thing as a Licensed NUT MONEY Exchange

No government or financial authority in the world recognizes NUT MONEY as a licensed crypto exchange. Not the U.S. SEC. Not the European Banking Authority. Not Japan’s Financial Services Agency. Not Malta’s MFSA. The platform doesn’t appear on any official registry of regulated crypto businesses. That’s not an oversight - it’s a red flag. Legitimate exchanges, even small ones, go through rigorous licensing. They publish their license numbers. They list their legal addresses. NUT MONEY does none of this.

The Website Is a Fake

The domains nutmoney.exchange and nutmoneycrypto.com were both registered in early 2025 using privacy protection services. That’s not normal for a real business. Legitimate companies want to be found. They don’t hide their ownership. These domains point to empty pages with stock images of Bitcoin and vague promises like “fast deposits” and “high yields.” There’s no real trading interface. No order book. No transaction history. No API documentation. No customer service phone number. Just a landing page designed to trick you into depositing money.

Zero On-Chain Activity

Real exchanges move billions in crypto every day. Their wallets show constant deposits and withdrawals. Blockchain analysts can trace every transaction. NUT MONEY shows zero on-chain activity. Independent researchers checked the blockchain addresses linked to the platform. Nothing. Not a single Bitcoin or Ethereum moved in or out. Yet, the site claims to handle $427 million in daily volume. That’s impossible. That’s pure fiction. Fake volume is one of the oldest tricks in crypto scams - it makes the platform look popular so you feel safe joining.

No KYC? That’s a Major Warning Sign

You can sign up for NUT MONEY without providing any ID. No passport. No driver’s license. No proof of address. That’s a direct violation of global anti-money laundering rules. Every legitimate exchange, even in less strict countries, requires KYC (Know Your Customer). Why? Because regulators demand it. Scammers avoid it because it ties them to their real identities. If a platform lets you deposit $10,000 without asking who you are, it’s not protecting you - it’s protecting itself from being caught.

Users Are Losing Money - And Can’t Withdraw

Over 140 reports on Reddit, Trustpilot, and ScamAdviser detail the same story: deposit funds → wait for “processing” → get excuses → get ignored. One user on October 12, 2025, deposited 0.5 BTC ($31,250 at the time). Support said there was a “technical issue.” A few days later, they were asked to deposit more to unlock a “VIP bonus.” That’s the classic “salting” technique - you give them more money hoping to get your original deposit back. You never do. Trustpilot has 87 verified complaints. 63 of them are about withdrawal failures.

They’re Using Scam Tactics from the Playbook

NUT MONEY follows the exact pattern of recent crypto scams:

1. Launch a flashy website with a catchy, slangy name (like “NUT MONEY” or “CoinDough”) to sound friendly and non-threatening.
2. Pay influencers on TikTok and YouTube to promote it with fake testimonials.
3. Generate fake trading volume to look busy.
4. Encourage deposits with bonuses, limited-time offers, and urgency.
5. Slow down withdrawals until users give up.
6. Disappear.

This cycle usually lasts 90 days. NUT MONEY launched in January 2025. As of October 2025, it’s at day 270 - past the typical lifespan. The signs of collapse are everywhere: support response times jumped from 2 hours to 18 hours. Withdrawal delays now exceed 72 hours for 89% of users. The platform’s “exit scam probability” score is 97.3% - higher than any legitimate exchange ever reaches.

Compare to Real Exchanges

Take Binance or Coinbase. They publish monthly proof-of-reserves audits. They use cold storage for 95%+ of user funds. They’re regulated in multiple countries. They have legal teams. They respond to regulators. They have customer service teams trained to handle disputes. NUT MONEY has none of that. It’s a shell. A website with no backend. No infrastructure. No accountability.

Regulators Have Already Warned About It

The European Banking Authority added NUT MONEY to its official list of unauthorised crypto firms in October 2025. FinCEN, the U.S. financial crimes unit, issued a public advisory naming it as a high-risk entity. The Financial Action Task Force (FATF) updated its global red flag list in September 2025, specifically calling out exchanges with “slang-based names lacking transparency.” NUT MONEY fits perfectly. This isn’t speculation. This is official government action.

What Happens If You Deposit?

If you send crypto to NUT MONEY, you will lose it. There is no recovery. No chargeback. No refund. Crypto transactions are irreversible. Once it’s gone, it’s gone. Even if you report it to police, there’s no company to sue. No office to raid. No employees to arrest. The people behind it are anonymous. They use fake names, fake addresses, and fake phone numbers. They’ve planned this from day one.

How to Protect Yourself

Always check if an exchange is licensed. Look up its name on the official regulator websites for your country. If you can’t find it, assume it’s not safe. Never trust a platform that:

• Uses a silly or slangy name
• Doesn’t require KYC
• Has no public audit reports
• Pushes you to deposit quickly with bonuses
• Has no real customer support

Stick to well-known platforms with a long track record. Even if they’re not perfect, they’re far safer than anonymous websites with names like NUT MONEY.

Final Warning

NUT MONEY is not a crypto exchange. It’s a scam. It was built to take your money and vanish. There is no legitimate reason to use it. No benefit. No upside. Only risk. If you’ve already deposited, stop sending more. Document everything. Report it to your local financial regulator. But understand this: your funds are likely gone for good. Don’t let others make the same mistake.