We found Eliteprofx.com posing as a fraudulent crypto exchange. Only 24 days old when we spotted it, the site offers lofty returns on investments. Invest, and the fraudsters disappear with your funds. Contact numbers listed on the site are out of service. An entity or persons abroad hold the reins of the site. Reviews of the company are absent across the board. Discovered on the site, the business’s physical address proves false.
Crypto exchange scams are fraudulent platforms where people are promised high profits for their investment in cryptocurrencies. However, once the investment is made, the scammer takes the money and disappears, leaving the investor with no returns or way to recover their investment.