Bitrev.live is implicated in running a crypto scam. The company name on the website is not authentic. Verifiable reviews for this project are absent. The language on multiple pages is plagiarized from other deceptive websites. The website’s profit guarantee plans are fictitious. Customer support phone numbers are missing from the website. A business address is nowhere to be found on the site, which is unusual for a legitimate operation. Evidence indicates that the operation is based abroad. Many pages contain default content and placeholder text. The domain name was registered only 29 days ago, and there is no presence on social media. What is a crypto investment scam?

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

Date of registration: January 06, 2024
Expiration: January 06, 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 becoming increasingly sophisticated, using high-quality websites that promise significant returns through expert trading or cutting-edge 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 capitalize on market fluctuations. To enhance their legitimacy, these fraudulent websites may include fake customer testimonials, display security verification badges, and provide customer service contacts that are actually part of the scam. They might also promote referral programs, offering bonuses for recruiting new investors, which is a hallmark of a Ponzi scheme.

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Initially, the scammers may ask for a small deposit, but as they gain the investor’s trust, they push for larger sums of money. When the time comes for investors to withdraw their supposed earnings or their initial investment, they are confronted with unexpected fees, unexplained withdrawal delays, or complete denial of access to their funds. In some instances, the scam website may suddenly go offline, and the operators vanish with the investors’ capital. The anonymity of cryptocurrency transactions makes it exceedingly challenging to track down these scammers, leaving victims with little hope of

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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