A Site Visit to Motocho No Real Place to Do Business
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United States
2021-01-30
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A Site Visit to Motocho No Real Place to Do Business
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Barber Lane, Milpitas, California, United States

Background

East Asia and North America (mainly the United States) are the world’s two largest cryptocurrency trading markets, with trading volume accounting for about half of the market. Compared with many exchanges in East Asia, US exchanges are regulated more tightly and there is the world's largest cryptocurrency exchange, Coinbase. In order to help investors learn about the cryptocurrency exchange in America comprehensively, the inspection team decided to visit Motocho.

On-the-spot investigation

According to the regulatory information, the cryptocurrency exchange Motocho is located at 551 McCarthy Blvd. #203 Milpitas, CA. 

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The inspection team arrived at McCarthy Blvd in Milptias, which was rather remote with some big workshops and offices.

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The inspection team just found two companies, CISO and FIREEYE, without seeing logo or office of Motocho.

Conclusion

The survey team confirmed after the on-the-spot visit that there is no office of Motocho at the address mentioned in the regulatory information. Please choose carefully.

Disclaimer

The content is for informational purpose only, and shall not be taken as final order for making choice.