Axtrofxglobalmarketing.com has come under scrutiny for operating a cryptocurrency scam. The company name listed on the website is not legitimate. Many pages on the site contain only placeholder content, indicating a lack of real information. No social media accounts could be found for the project, raising further suspicions. The domain name was registered a mere 33 days ago, which is unusually recent for a credible business. A genuine website typically provides a business address, yet none could be found on any page of this site. There are no verifiable reviews to support the legitimacy of the project. The language used on the site appears to be copied from numerous other fraudulent websites. Control of the site seems to be in the hands of an overseas entity or individuals. The absence of customer support phone numbers on the website is another red flag. Moreover, the site’s promised tiered profit guarantee plans are entirely fictitious. What is a crypto investment scam?
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|❌ Fake Business Name
❌ No Social Media
❌ No Address Found
❌ Copycat Content
❌ No Phone Numbers
|❌ Unfinished Website
❌ Recently Registered
❌ No Reviews
❌ Foreign Company
❌ Fake Profit Guarantee
Date of registration: December 27, 2023
Expiration: December 27, 2024
First detected: January 29, 2024
Registrar: NameSilo, LLC www.namesilo.com/
Hosted by: Dns-parking.com
What is a crypto investment scam?
Cryptocurrency investment scams lure individuals with the promise of exorbitant and often implausible returns, frequently assuring consistent daily or weekly profits. These deceptive operations are commonly based overseas, which presents a significant obstacle for law enforcement agencies in tracking and prosecuting the perpetrators. The international nature of these scams exacerbates the difficulty of retrieving any funds that victims may lose. In a bid to establish credibility, some scam operations may initially disburse a small return to their investors.
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This strategy is deliberately designed to create an illusion of authenticity, thereby convincing investors to increase their stakes. However, these early payouts are not the result of any genuine investment strategy; they are merely part of the scam to entice investors to pour more money into the scheme, often leading to greater losses.
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