We have detected that blueflamedex.com is operating a crypto scam. The website uses a fake company name and has no social media accounts linked to the project. Content on the site has been copied from other similar scams. The domain name was registered only 21 days ago, and no physical address for the business is provided on any of the pages. blueflamedex.com launched with many pages still containing incomplete and placeholder material. There are no phone numbers for customer support available on the website. The tiered profit guarantee plans advertised on the site are all bogus. Ownership of the website traces back to a foreign entity, and there are no verifiable reviews for this project. What is a crypto investment scam?

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

Date of registration: February 12, 2024
Expiration: February 12, 2025
First detected: March 04, 2024
Registrar: Spaceship, Inc.
Hosted by: Lytehosting.com
Ownership: Unknown

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 an effort to build credibility, some scam operations may initially disburse a small return to their investors.

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This strategy is designed to manufacture an illusion of authenticity and to persuade investors to increase their stakes. However, these early payouts are not the result of any genuine investment strategies; they are merely part of the scam’s tactics to entice investors to pour more money into the scheme, ultimately leading to greater losses when the fraudulent nature of the operation is revealed.

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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