Tradesallianceltd.com has been identified as a fraudulent crypto exchange platform. They create an illusion of potential high returns on your investment. However, once you invest, the fraudsters pocket the money and vanish without a trace. When the scam was discovered, the website was merely 84 days old. It features fake reviews from imaginary individuals to boost its credibility. The site purports to operate under a business name that is not officially registered with the secretary of state. Moreover, the website has no social media presence or followers.
A crypto exchange scam involves a fraudulent platform that deceives people into investing their money with the promise of high returns. However, once the investment is made, the scammers take the money and disappear, leaving the investors with significant losses.