Cryptoweed.top
Analysis
Cryptoweed.top, a newly detected crypto exchange scam, is just 29 days old. It promises lucrative returns on your investment, but the reality is different. Your money is taken by the scam artists who then vanish without a trace. A customer service phone number is noticeably absent from the website. Reviews there aren’t authentic. The business isn’t officially registered in its purported operating state. Its website contains many empty pages, filled only with standard, pre-made content and filler text. It lacks social media presence for the business.
A crypto exchange scam is a fraudulent business that tricks people into investing their money with promises of high returns. Once invested, the scammers take the money and disappear, leaving the investor with nothing.
Red Flags
Fake business name
Fake reviews
Recently registered
Unfinished website
Missing Information
No phone numbers
No social media
Scam Explainer
A crypto exchange scam refers to fraudulent operations that lure unsuspecting individuals into trading or investing in cryptocurrencies. These scams often promise high returns and use various tactics to deceive people.
One common type of scam is Ponzi schemes. Here, funds from new investors are used to pay earlier investors. This creates an illusion of profit, but the scheme collapses when there aren't enough new investors.
Another type is phishing scams. In these, fraudsters trick people into revealing their private keys or wallet passwords. They can then access the victim's crypto assets and steal them.
Lastly, some scams involve fake crypto exchanges. These platforms appear legitimate, but once a user deposits funds, they become inaccessible.
Remember, crypto investments come with risks. Always research before investing and never share your private keys or passwords. Be cautious of offers that seem too good to be true because they probably are.
Latest investigations
Fake stores
My-jewels.shop
My-jewels.shop is operating a deceptive scheme. Their social media accounts lack any followers, indicating a lack of engagement or credibility. The website is filled with pages still in their development stage, brimming with default content and placeholder tags. The images shown on the site fail to provide a true representation of the products they’re selling. […]
Investment scams
Kisfatradingllc.com
Kisfatradingllc.com has been flagged as an investment scam. Promising high returns, the site lures you to invest, only to vanish with your money. The website, a mere 120 days old at the time of discovery, lists phone numbers that are no longer in service. Additionally, the business address provided cannot be confirmed. No reviews for […]
Crypto scams
Capitallevitas.net
Capitallevitas.net has been noted as operating a deceptive scheme involving cryptocurrency exchange. The website, which was only 29 days old when the scam was detected, guarantees substantial returns on investments. However, once you invest, the money disappears into the pockets of the fraudsters. The website does not provide any contact phone number for customer service, […]
Investment scams
Xbto.exchange
Consumers have flagged Xbto.exchange for operating a fraudulent investment scheme. Surprisingly, the company lacks any presence on social media platforms. A cursory glance at their website reveals numerous incomplete pages, filled with generic content and placeholder text. The so-called partnerships the company boasts about on its website are, in fact, nonexistent. The visuals displayed on […]
Investment scams
Quantbasetrades.com
Quantbasetrades.com has been flagged as an investment scam. They promise big returns, but once you invest, they vanish with your money. The website was only 10 days old when discovered. Customer service contact details don’t work, and their social media presence is almost zero. An investment scam tricks people into putting money into fake opportunities, […]
© 2022 Marketing Space LLC - All Rights Reserved