Cryptoweed.top
Analysis
Cryptoweed.top, a newly detected crypto exchange scam, is just 29 days old. It promises lucrative returns on your investment, but the reality is different. Your money is taken by the scam artists who then vanish without a trace. A customer service phone number is noticeably absent from the website. Reviews there aren’t authentic. The business isn’t officially registered in its purported operating state. Its website contains many empty pages, filled only with standard, pre-made content and filler text. It lacks social media presence for the business.
A crypto exchange scam is a fraudulent business that tricks people into investing their money with promises of high returns. Once invested, the scammers take the money and disappear, leaving the investor with nothing.
Red Flags
Fake business name
Fake reviews
Recently registered
Unfinished website
Missing Information
No phone numbers
No social media
Scam Explainer
A crypto exchange scam refers to fraudulent operations that lure unsuspecting individuals into trading or investing in cryptocurrencies. These scams often promise high returns and use various tactics to deceive people.
One common type of scam is Ponzi schemes. Here, funds from new investors are used to pay earlier investors. This creates an illusion of profit, but the scheme collapses when there aren't enough new investors.
Another type is phishing scams. In these, fraudsters trick people into revealing their private keys or wallet passwords. They can then access the victim's crypto assets and steal them.
Lastly, some scams involve fake crypto exchanges. These platforms appear legitimate, but once a user deposits funds, they become inaccessible.
Remember, crypto investments come with risks. Always research before investing and never share your private keys or passwords. Be cautious of offers that seem too good to be true because they probably are.
Latest investigations
Crypto scams
Bitchainbucks.org
Bitchainbucks.org, a website claiming to offer profitable cryptocurrency exchange services, has been identified as a fraudulent operation. Despite promising substantial returns on investments, the site’s operators are actually scammers who abscond with the funds. At the time of discovery, the website had been in operation for 85 days. Many of the site’s pages are still […]
Investment scams
Emptradingoption.live
A new website, Emptradingoption.live, tricks people into a fake investment scheme. It promises huge profits, but once you invest, the scammers disappear with your cash. An overseas group or individual runs the site. The address listed on the site isn’t real. The company has no followers on its social media pages, which raises red flags. […]
Crypto scams
Infinitemarkets.net
Infinitemarkets.net carries the label of a crypto exchange scam. Aged at 25 days during the reporting period, the website promises significant returns. Deposits, however, seem to disappear into thin air. The company’s online presence on social platforms barely exists. Phone numbers shown don’t work. The website holds many incomplete pages, loaded with standard content and […]
Investment scams
Imperiumglobex.com
Imperiumglobex.com tricks people into investing money. A foreign company or individuals run the site. They promise big returns on investments, but once you send money, they vanish. The scam came to light when the site was just 139 days old. No customer service phone number is available on the website. Popular consumer review sites have […]
Investment scams
Bullish-capital.net
Bullish-capital.net tricks people into investing by promising big returns. Scammers take the money and disappear. An overseas group runs the site, which was only 119 days old when it got flagged. The address listed on the site doesn’t match any real business. You won’t find a customer service phone number there either. An investment scam […]
© 2022 Marketing Space LLC - All Rights Reserved