Asset-vault.online, a supposed crypto exchange, rings the alarm bells of fraudulent activities. With its age only being 29 days, it raises suspicions. A missing customer service phone number on the website adds to the concern. Reviews on the platform seem to be fabricated, with no actual customers backing them up. Moreover, the location details of the business presented on the website appear to be counterfeited. The so-called business doesn’t even seem to hold any legal registration in the claimed operating state. Several web pages on the site are yet unfinished and stuffed with default content and placeholder text. The control of the site rests in the hands of a foreign entity or individuals. The absence of any significant presence on social media platforms further casts doubts on the company’s legitimacy.
A crypto exchange scam refers to a fraudulent scheme that poses as a cryptocurrency exchange platform to deceive people. They often feature counterfeit reviews and false location details, with no customer service contact. Often, these platforms are controlled by foreign entities and lack a social media presence.