Cryptocurrency platforms attract both legitimate innovation and cloaked scams. One of the latest threats is ERY357.it, recently flagged by regulators for operating without authorization. Though it may look professional, closer scrutiny reveals a murky operation built to exploit users. Here’s a deep dive into its red flags—and why you should walk away.

1. Blacklisted by Italian Regulator CONSOB

On July 11, 2025, Italy’s financial watchdog CONSOB ordered ISP blocks on seven crypto websites—including ERY357.it—for offering crypto services illegally to Italian investors Ventu’s blog+9BrokersView+9Borsa Italiana+9. Regulatory action like this is a strong indicator of fraudulent behavior. The crackdown cited violations of both MiCAR and national laws Borsa Italiana+2Consob+2Wall Street Italia+2.

2. Part of a Synchronized Scam Cluster

ERY357.it isn’t an isolated case. It’s grouped with similarly opaque sites—09pqws.it, DSS776.it, TNT882.it, and others—all sharing identical interfaces and content Spazioconsumatori+6BrokersView+6Consob+6. This consistency suggests a coordinated scam network designed for rapid exploitation before disappearing.

3. No Legal Authorization or Licensing

The official CONSOB warning asserts these platforms were “prestan**…** servizi per le cripto-attività nei confronti dei risparmiatori italiani in assenza delle prescritte autorizzazioni” —meaning they operated illegally without required licenses BrokersView+9Consob+9Borsa Italiana+9. So if you’re dealing with ERY357.it, know it’s unregulated and unauthorized in Europe.

4. Flashy Design Over Substance

While it likely features “live” crypto tickers and a sleek trading UI, these elements are superficial. Such platforms often embed standard widgets to simulate functionality—without actual trading infrastructure behind the scenes. It’s a superficial layer masking fraudulent intent.

5. Entire Group Shares One Scam Template

As part of an orchestrated cluster, ERY357.it uses a shared scam model: replicate the same marketing, fake dashboards, and referral pitches across multiple domains. Once regulators catch up, the entire group gets shut down—just as CONSOB blocked them in bulk Wall Street Italia+6Spazioconsumatori+6Consob+6.

6. Rapid Launch, Swift Shutdown

Domains like this launch with aggressive marketing, attract deposits, and then vanish as soon as authorities act. The July block means its peak lifespan was likely just weeks—enough time to game individuals before disappearing entirely.

7. Zero Accountability, Hidden Ownership

These platforms hide behind anonymous domain registrations and offer no ownership transparency. There’s no corporate presence, no official address, no way to pursue legal recourse. If things go wrong, there’s no one to hold accountable.

8. No Disclosures, No Support, No Contracts

Unlike legitimate services, ERY357.it probably offers no Terms or Privacy Policy, no risk disclosures, no third-party verification, and no customer support. This absence removes any avenue for dispute resolution or compliance—you’re essentially transacting with an unknown entity.

9. Plug-n-Play Scam Funnel

The typical process looks like this:

1. A flashy Spanish/Italian ad leads you to the site

2. You register and deposit funds

3. Fake demo/dashboard shows tiny profits

4. You’re encouraged to invest more or refer others

5. Withdrawal requests get blocked with excuses—verification, fees, audits

6. Then the site disappears, along with your money

This blueprint plays out in every scam network—and ERY357.it is no exception www.altroconsumo.itConsob.

10. Why You Must Steer Clear

Here’s a quick breakdown of the risks:

• 🚫 Illegal operation — blocked by regulators

• ⚠️ No validation or oversight

• 👤 Hidden operators

• 🎭 Fake interface with no real trading

• 📁 No documentation or user protections

• 🕵️ Part of a multi-domain fraud scheme

• ⏳ Designed to vanish quickly

In short: it’s all risk, no return.

11. Compare with Genuine Platforms

Legitimate crypto exchanges/brokers provide:

ERY357.it fails across the board—and that mismatch is your warning.

12. Protecting Yourself from Such Sites

Before investing in any crypto platform, always:

• ✅ Check regulator websites (CONSOB, FCA, SEC)

• ✅ Verify legal licensing and registration

• ✅ Test with small deposits and withdrawal capability

• ✅ Read independent third-party reviews and forums

• ✅ Ensure presence of T&Cs, privacy policies, and support

• ✅ Research domain age—recent, anonymous sites are risky

• ✅ Watch for shared branding across multiple domains

If you spot any red flags, proceed no further.

13. Final Word: Avoid ERY357.it Entirely

Despite a flashy interface, ERY357.it is synonymous with regulatory violation, scam coordination, and data exploitation. It offers no protection, no oversight, and no legitimacy.

If you’re looking to invest in crypto, ensure you’re using platforms that are regulated, transparent, and built to last—not hidden, anonymous scam fronts. Your capital—and personal information—deserve far safer harbors.

✅ Final Takeaway

ERY357.it is not just risky—it’s illegal. There’s no upside in engaging with it. Protect yourself by choosing platforms that are legitimate, regulated, and verifiable. Anything less is a trap.

Need help identifying legitimate crypto platforms or creating warnings for your community? I’m here to assist.