Bitcousin.com is running a crypto scam with all profit guarantee plans on the website being phony. The site lacks a business address, which is a significant indicator of illegitimacy. It uses a fake company name and the domain name was registered only 28 days ago. Placeholder texts were evident when the site went live, suggesting it was not fully prepared. The content on various pages is plagiarized from other fraudulent websites. Ownership traces back to a company or individuals based overseas. No social media accounts are associated with the project, and legitimate reviews are nowhere to be found through research. Additionally, the website lacks any customer support phone numbers. What is a crypto investment scam?

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

Date of registration: January 07, 2024
Expiration: January 07, 2025
First detected: February 04, 2024
Registrar: NAMECHEAP INC www.namecheap.com
Hosted by: Namecheaphosting.com
Ownership: Unknown

What is a crypto investment scam?

Cryptocurrency investment scams are a growing concern, as they entice potential investors with the allure of quick and substantial profits. These scams often promise daily or weekly returns that are exceptionally high, sometimes as much as 50% of the initial investment, which is an unrealistic and unfounded claim. The scammers are skilled in deception, and once they have successfully acquired funds from their victims, they don’t stop there. If they sense skepticism or hesitation, they may double down on their efforts by introducing a second, equally fraudulent company.

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This new company poses as a specialist in the recovery of lost crypto funds, offering to help for a fee. However, this is simply another layer of the scam. They will ask for payment upfront, claiming they can track down the original fraudsters and retrieve the lost funds. But the reality is that cryptocurrency transactions are designed to be final and cannot be reversed. In the end, the scammers pocket the additional fees and disappear, leaving the victim at a compounded loss.

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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