Betafixtech.ltd is operating a crypto scam. The company name provided on the website is not genuine, and there is a lack of verifiable reviews for this project. Many of the pages contain default content and placeholder text. The website lacks phone numbers for customer support. The profit guarantee plans advertised on the website are fake. A genuine website typically provides a business address, but no such information is available on any of the pages. The content on various pages has been copied from other similar scam websites. The domain name was registered recently, only 43 days ago. The website is managed by a foreign business or individuals and lacks any social media accounts. What is a crypto investment scam?
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|❌ Fake Business Name
❌ Unfinished Website
❌ Fake Profit Guarantee
❌ Copycat Content
❌ Foreign Company
|❌ No Reviews
❌ No Phone Numbers
❌ No Address Found
❌ Recently Registered
❌ No Social Media
Date of registration: December 06, 2023
Expiration: December 06, 2024
First detected: January 18, 2024
Registrar: HOSTINGER operations, UAB www.hostinger.com
Hosted by: Dns-parking.com
What is a crypto investment scam?
As cryptocurrency gains popularity, so too have investment scams proliferated on messaging platforms like WhatsApp, Telegram, and Discord. Scammers craftily create chat groups on these platforms, luring individuals with the promise of exclusive investment communities. They engage in discussions about investment strategies, boast of success stories, and offer regular “updates” on the performance of their supposed funds. These conversations are strictly text-based to prevent voice or video interactions that could reveal the scammers’ true identities or betray their lack of expertise. These groups often seem vibrant and active, with what appears to be thousands of participants. However, many of these are not real people but bots designed to mimic human activity, creating the illusion of a thriving investment hub.
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This false sense of success and popularity adds a layer of perceived legitimacy, enticing genuine investors to join. Scammers work to maintain the facade of profitability, posting fake testimonials and doctored payout records. They push for quick investments, citing the urgency of fleeting opportunities and the exclusivity of their advice. When the scam is at risk of being uncovered, the scammers quickly dismantle their web of deceit, closing down websites and chat groups. They then re-emerge under a new guise, with a slightly altered website to avoid detection, and begin the cycle anew. This pattern makes it difficult
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