Customers have raised concerns about Pasomineotra.com, alleging it to be a fraudulent cryptocurrency exchange. The website promises substantial returns on investments, however, once the investment is made, the money disappears and so do the fraudsters. Interestingly, the website was only 84 days old when these fraudulent activities were detected. There are also doubts about the authenticity of the website’s content, as it doesn’t seem to match any other pages. Furthermore, the website claims to operate under a business name that isn’t registered in the state where the company purports to be located.
A crypto exchange scam is a fraudulent scheme where a website or platform, posing as a legitimate cryptocurrency exchange, lures individuals to invest their money with the promise of high returns. However, once the investment is made, the scammers abscond with the funds, leaving the investors high and dry.