Pazecaphub.com, a website just over three months old, is under scrutiny for running a crypto exchange scam. The site promises significant returns, yet reports indicate that the scammers disappear with the deposits. Despite their claims of operation, there is no evidence of the company’s registration in the stated state. Also, their presence is notably absent on social media platforms.
A crypto exchange scam is a fraudulent scheme where a website or platform, posing as a cryptocurrency exchange, lures people to deposit their cryptocurrencies with the promise of high returns. However, once the deposit is made, the scammers disappear, leaving the victims without their money or any means to recover it.