X20token.com
Analysis
X20token.com operates a crypto ico scam, which was detected when the website was merely 23 days old. A customer service contact number for the company remains elusive. Although the company claims to operate in a certain state, there’s no registration record. The website boasts of partnerships, yet our research reveals them as fictitious. Several pages on the website appear incomplete, replete with default content and placeholder text. The website has no footprint on any social media platform.
A crypto ico scam involves a company, like X20token.com, tricking investors with fake initial coin offerings (ICOs). These scams leverage the lack of regulation in the crypto industry to defraud unsuspecting investors.
Red Flags
Fake business name
Fake partnerships
Recently registered
Unfinished website
Missing Information
No phone numbers
No reviews
No social media
Scam Explainer
A crypto ICO (Initial Coin Offering) scam happens when fraudsters create a fake ICO, attract investors with promises of high returns, and then steal the money raised. They often use sophisticated websites and persuasive language to convince people to invest in their non-existent digital currencies. These scams have become more prevalent with the rise of cryptocurrency popularity. Always research thoroughly before investing.
Latest investigations
Investment scams
Dynamiccrests.com
Dynamiccrests.com is a site running an investment scam. They list a fake business address and promise big returns on your investment. But once you put your money in, the scammers vanish with it. You won’t find any reviews about them except on their own pages, which are likely fake. They barely have any social media […]
Crypto scams
Bitcryptomarkets.com
Bitcryptomarkets.com, a relatively new website, is under scrutiny for allegedly operating a fraudulent crypto exchange. Consumers have raised concerns about its legitimacy, as it promises significant returns on investments. However, once the money is invested, it is taken by the operators who then disappear. A closer look at the website reveals several incomplete pages, filled […]
Investment scams
Coetyl.com
We have identified Coetyl.com as an investment scam. This fraudulent activity was discovered when the website was just 19 days old. The site lacks a customer service phone contact and falsely promises significant profits from investments. However, once you invest, the scammers disappear with your money. The provided business address is fake, and the company […]
Investment scams
Koinskredit.com
Koinskredit.com has been flagged as a scam. When this report was made, the website was just 37 days old. Attempts to reach customer service through the listed phone numbers lead nowhere. The business address shown on the site is not real. A foreign entity runs the website. They promise big returns on your investment, but […]
Fake stores
Midlabd.com
We’ve found that Midlabd.com isn’t what it appears to be. It’s a recently launched website, with the domain name being a mere 67 days old when we investigated. The lack of a customer service phone number on the website is a glaring red flag. Notably, the site contains copied content from other sources, undermining its […]
© 2022 Marketing Space LLC - All Rights Reserved