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2 years ago
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Assetcapitalshares.com

Crypto scams
https://assetcapitalshares.com

Assetcapitalshares.com faces accusations of operating a fraudulent crypto exchange. The fraudulent activities came to light when the website was a mere 17 days in operation. Strangely, the website lacks a contact number for customer service queries. The site gives an impression of potential high returns on investment. However, once the investment is made, the fraudsters disappear with the invested funds. The company’s conspicuous absence on social media platforms raises further suspicion. The website’s management is believed to be under the control of an overseas company or individuals. It also showcases a significant number of incomplete pages filled with default content and placeholder text.

A crypto exchange scam is a deceptive operation where unsuspecting investors are lured into investing money in a digital currency exchange. The scammer usually promises high returns on investment, but once the funds are transferred, they vanish, leaving the investors high and dry.

Red Flags

Foreign company
Recently registered
Unfinished website

Missing Information

No phone numbers
No reviews
No social media
A crypto exchange scam typically involves a fake platform or app that claims to offer cryptocurrency trading services. Scammers often use high-pressure sales tactics, promising high returns to lure investors. Once an individual deposits their money or cryptocurrency into these platforms, the scammers either disappear or refuse withdrawal requests, essentially stealing the investors' assets. It's crucial to do thorough research before investing in any exchange.

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