The website called Acebusttercrypto.com is under suspicion for conducting fraudulent activities related to cryptocurrency exchange. This suspicion emerged when the website was still in its early stages, only 17 days post-launch. A noticeable red flag was the absence of a customer service contact number on the site. Another deceptive tactic used was showcasing reviews that were entirely fabricated, supposedly written by non-existent customers. In addition, the business address provided on the website doesn’t actually exist. The website also doesn’t disclose the official business name. Interestingly, the company’s social media accounts have no followers. The website promises significant returns on investments to allure potential investors. However, when people do invest, the supposed company pockets the funds and vanishes.
A crypto exchange scam involves a website or platform that claims to facilitate cryptocurrency trading, but in reality, its sole purpose is to defraud investors. They usually promise high returns on investments, only to disappear once they’ve received the money from unsuspecting victims.