Bitprofiter.com has been flagged as a fraudulent cryptocurrency platform. The website, which has been operating for 120 days, lacks a customer service phone number. Moreover, the physical address listed on their site doesn’t correspond to any known business. It also seems that the business isn’t registered in the state it purports to operate from. The company’s absence on social media raises further suspicions. They promise substantial returns on investments, however, once the money is sent, it’s stolen by the scammers who then vanish without a trace.
A crypto scam is a fraudulent scheme that involves the theft of digital currency. Scammers often promise high returns on investments, but once the money is transferred, they steal it and disappear.