Reports indicate Apedtrader.com as a fraudulent crypto exchange. The website, only 24 days old at the time of the report, lures investors with promises of huge profits. However, the alleged scammers behind it make off with your investment, leaving you with nothing. The site lacks a customer service phone number—a red flag. A false business address is present, further raising suspicions. Highlighted partnerships on the website prove to be fake. Numerous incomplete webpages, filled with generic content and placeholder text, exist on the site. The company’s social media profiles are absent and there’s no visibility on popular consumer review sites.
A crypto exchange scam involves fraudulent platforms that claim to offer cryptocurrency trading services. They often promise high returns on investments, only to disappear with the investor’s money leaving them with significant losses.