The website Verifiedoptmarket.com is engaging in fraudulent activities related to cryptocurrency. When the scam was first identified, the website was a mere 109 days old. A noticeable red flag is the absence of a customer service phone number on the site. The site promises substantial financial returns from investments, however, once you invest, the fraudsters abscond with your money. The business location listed on the website is fictitious. Furthermore, the reviews showcased on the site are not authentic and do not originate from actual customers.
A crypto scam is a fraudulent scheme where scammers trick individuals into investing in cryptocurrencies with the promise of high returns. However, once the investment is made, the scammers disappear with the money, leaving the investor with significant losses.