Home Search Results Crypto scams Aegircoin.com

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10 months ago

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Aegircoin.com

Crypto scams

https://aegircoin.com

Analysis

Aegircoin.com, a relatively new website at just 143 days old, has been flagged for running a cryptocurrency Initial Coin Offering (ICO) scam. The website lacks a customer service phone contact, raising red flags. The business address provided online is fictitious, and the phone numbers listed on the site seem to be out of service. The company’s social media accounts have no followers, and there are no external reviews of the website, only those found on their own pages.

A crypto ICO scam involves a fraudulent scheme where a company offers an Initial Coin Offering (ICO), a method of raising funds in cryptocurrency, with no intention of delivering on their promises. They often use fake addresses, disconnected phone numbers, and have little to no social media presence.

Red Flags

Fake address

Phone disconnected

Recently registered

Missing Information

No phone numbers

No reviews

No social media

Scam Explainer

A crypto ICO scam involves tricking people into investing in a fake Initial Coin Offering (ICO). It's a fraudulent operation where scammers pretend to launch a new cryptocurrency. They create hype around the coin, promising high returns and exclusive benefits for early investors. Scammers typically use sophisticated websites and social media campaigns to appear legitimate. They'll often use technical jargon and complex graphs to confuse potential investors. Fake testimonials and endorsements are also common, aiming to build trust and credibility. In reality, the promised coin either doesn't exist or holds no value. Once they've collected enough money, the scammers disappear, leaving investors with worthless tokens.

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