Welthmill.com, a relatively new website at just 142 days old, is perpetuating a cryptocurrency exchange scam. The phone numbers listed on the site are disconnected and the business address provided is fictitious. The graphics displayed on the site do not accurately represent the product being sold. Furthermore, the company lacks a presence on social media. They promise attractive returns on investments, but once you invest, the fraudsters abscond with your money.
A crypto exchange scam is when a company lures individuals to invest in cryptocurrency with the promise of high returns. However, once the investment is made, the company disappears with the funds, leaving the investor with no way to recover their money.