Autobasetrade.com has been detected to be running a crypto scam. The website lacks a physical address, and its tiered profit guarantee plans are bogus. Ownership traces back to a foreign company or individuals. Content across the site is copied from other scam websites, and the company name used is fictitious. Many pages contain default content and placeholder text. Legitimate reviews about the project are nonexistent. The domain name was registered only 26 days ago, and there are no customer support phone numbers. Additionally, the project has no presence on social media. What is a crypto investment scam?

❌ No Address Found
❌ Foreign Company
❌ Fake Business Name
❌ No Reviews
❌ No Phone Numbers
❌ Fake Profit Guarantee
❌ Copycat Content
❌ Unfinished Website
❌ Recently Registered
❌ No Social Media

Date of registration: January 09, 2024
Expiration: January 09, 2025
First detected: February 04, 2024
Registrar: Global Domain Group LLC
Hosted by: Asurahosting.com
Ownership: Unknown

What is a crypto investment scam?

Cryptocurrency investment scams are becoming increasingly sophisticated, using high-quality websites that promise significant returns through expert trading or innovative investment strategies. These platforms often feature advanced, high-tech interfaces and showcase false trading records that depict consistent profits, seemingly unaffected by the volatile crypto markets. They entice investors with the allure of low risk and high returns, claiming to have mastered the art of leveraging market fluctuations for substantial gains. To enhance their facade of legitimacy, these fraudulent websites may display fake customer testimonials, security verification badges, and provide seemingly reliable customer service contacts that are actually part of the scam. They frequently promote referral programs, offering bonuses for recruiting new investors, which is a hallmark of a Ponzi scheme.

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Initially, victims may be coaxed into making small deposits. However, as the illusion of trust builds, scammers push for larger sums. When investors attempt to withdraw their earnings or their initial investment, they’re confronted with unexpected fees, unexplained withdrawal delays, or complete denial of access to their funds. In some dire scenarios, the scam website may abruptly go offline, with the perpetrators vanishing with the victims’ money. The anonymity inherent in cryptocurrency transactions makes it exceedingly challenging to track down these scammers, leaving investors with slim chances of recovering their lost assets

Report Scams to Government Agencies:
Federal Trade Commission (FTC) – Submit a Report
Federal Bureau of Investigations (FBI) – Submit a Report
U.S. Postal Inspection Service (USPIS) –Submit a Report

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