Company Information

Get to know Hoodoo Financial Inc.

Founded in 2018, Hoo.com (operated by Hoodoo Global Ltd.) was a Hong Kong-based centralized cryptocurrency exchange that offered a wide range of services, including spot trading, futures contracts, OTC services, and its own native "Hoo Token" (HOO). The platform aimed to provide a secure and comprehensive digital asset trading ecosystem for a global user base. However, in November 2022, the exchange abruptly suspended all user withdrawals, citing liquidity issues. The company became unresponsive to customer inquiries following the suspension, leading to its effective collapse and significant, widespread reports of user fund losses.

Industry

Crypto ExchangePRIMARY
Financial Other Service

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Hoodoo Financial Inc.

United States

Founded in

2017 (9 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

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TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.

Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

Security Information :

FSCA

FSC

ASIC

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.