Home Search Results Crypto scams Cyberwellat.com

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2 years ago

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Cyberwellat.com

Crypto scams

https://cyberwellat.com

Analysis

Cyberwellat.com operates a deceptive crypto exchange scheme. The website, merely 24 days old at the time of investigation, lacks visible customer service contact. It tempts potential investors with promises of high returns, only to vanish with their hard-earned money once the investment is made. Despite claims of operating from a certain state, no registration for this business exists. The official business name is missing from the website, and social media profiles for the firm can’t be found.

A crypto exchange scam involves a fraudulent business enticing potential investors with promises of high returns from cryptocurrency trades. After the investors hand over their money, the fraudsters disappear, leaving the investors with significant losses.

Red Flags

Fake business name

Recently registered

Missing Information

No business name

No phone numbers

No reviews

No social media

Scam Explainer

A crypto exchange scam involves fraudulent platforms that pretend to offer cryptocurrency trading services. They may promise high returns and use manipulative tactics to lure investors. Once funds are deposited, they either manipulate numbers to show false profits, or the platform becomes inaccessible. Always do thorough research and avoid schemes that promise unrealistic returns.

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