Spike Trades — sealed dossier

Spike Trades appears on our Sealed Records watchlist as a high-risk counterparty. The custody desk advises clients with active deposits to open a case file immediately.

What we know

Spike Trades markets itself as a trading platform offering competitive spreads and retail access to digital assets. The custody desk has triaged complaints alleging a pattern of withdrawal stalls and unverified compliance escalation.

Custody breach signatures

• Off-platform escalation by parties claiming to be ‘recovery agents’ or ‘compliance officers’.
• Account balances showing volatility inconsistent with public market behavior.
• Aggressive upselling of leveraged products to retail clients without disclosure of risk.
• Communication routed through non-corporate email domains or short-lived messaging accounts.

Custody desk recommendation

If you recognize Spike Trades from your transaction history, the custody desk advises you to open a sealed dossier. Do not respond to inbound contact from anyone claiming to recover funds on a contingency basis.