Orbitnitro.com, a newly launched website of only 78 days, has been flagged for suspicious activity. It’s working as a cryptocurrency exchange, but signs point to it being a scam. They lure potential investors with the promise of hefty profits. But once the investment is made, the money disappears into thin air, with the scammers nowhere to be found. A thorough search of popular social media platforms yielded no results for the company. The business name they purport to operate under isn’t registered in the state they claim as their home base.
A crypto exchange scam involves a deceptive operation promising large profits to potential investors. They claim to function as a cryptocurrency exchange platform. However, once an individual invests their money, the scammers take it and become untraceable, leaving the investor at a loss.