Bitiminers.com is reported for being a crypto scam. The site is owned and operated by a company or individuals from overseas, with no customer support phone numbers listed. The company name under which the website operates isn’t real, and the profit guarantee plans offered are all sham. No verifiable reviews were found for this project, and the website does not provide a physical address for the business. There are no social media accounts associated with this project. The verbiage on various pages has been replicated from other scam websites, and default content along with placeholder text has been found on several pages. The domain name has been registered for only 29 days at the time of this report. What is a crypto investment scam?
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|❌ Foreign Company
❌ Fake Business Name
❌ No Reviews
❌ No Social Media
❌ Unfinished Website
|❌ No Phone Numbers
❌ Fake Profit Guarantee
❌ No Address Found
❌ Copycat Content
❌ Recently Registered
Date of registration: December 31, 2023
Expiration: December 31, 2024
First detected: January 29, 2024
Registrar: Hosting Concepts B.V. d/b/a Registrar.eu
Hosted by: Dns-parking.com
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 can be as high as 50% of the initial investment, which is an unrealistic and deceptive claim. Once the scammers have successfully persuaded individuals to part with their money, they don’t stop there. If they sense skepticism or hesitation, they may double down on their deceit by introducing a secondary scam. This involves a so-called recovery company that pretends to have the expertise to reclaim lost crypto funds.
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They assert that they can help victims retrieve their investments for a fee. However, this is just another layer of the scam. These fake recovery agents ask for payment upfront, claiming they will track down the original fraudsters and reverse the transactions. But the truth is, cryptocurrency transactions are designed to be final and cannot be reversed. In the end, the scammers disappear with the additional fees, leaving the victims at a greater loss.
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