Crescent-yield.com, a website only 103 days old, has been identified as a fraudulent cryptocurrency operation. The site lacks a customer service phone line, a red flag for potential investors. Despite promising high returns on investments, the operators disappear once they’ve secured your funds. Additionally, the company has no social media presence, another warning sign. Furthermore, the business is not legally registered in the state it purports to operate from.
A crypto scam is a fraudulent scheme where con artists trick individuals into investing in cryptocurrencies with the promise of high returns. Once the investment is made, the scammers disappear, leaving the investor with significant losses.