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2 years ago
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Coinfactorycurrency-platform.com

Crypto scams
https://coinfactorycurrency-platform.com

Suspicion surrounds the Coinfactorycurrency-platform.com for purportedly conducting a crypto scam. Detected merely 42 days post initiation, this website lacks a customer support contact number. Fake reviews from fabricated individuals surface on the website. The listed address on their site corresponds to no existing business. The site asserts to function under an unregistered business name with the state secretary. The site abounds with web pages mid-construction, laden with original content and stand-in text. A foreign entity maintains and runs the website. On social media, the website registers zero followers. Promises of substantial returns on investments lure you in, only to have the swindlers abscond with your money after your investment.

A crypto scam involves a fraudulent scheme where an entity promises high returns on your cryptocurrency investment. However, once you invest, the perpetrators steal your money and disappear.

Red Flags

Fake address
Fake business name
Fake reviews
Foreign company
Recently registered
Unfinished website

Missing Information

No phone numbers
No social media
A crypto scam typically involves fraudulent activities with cryptocurrencies such as Bitcoin, Ethereum, etc. Scammers may use tactics like promising high returns, impersonating reputable crypto businesses, or creating fake crypto apps or wallets. They may ask for an initial investment, claiming it will multiply rapidly. However, once you send your cryptocurrency, they disappear with it. Always remember, if it sounds too good to be true, it probably is.

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