Coinnshub.com is operating a crypto scam, as evidenced by the verbiage on various pages that has been copied from other fraudulent sites. The site lacks a social media presence and contains multiple pages with only placeholder content. The profit guarantee plans advertised are not genuine. The domain name was registered only 32 days ago at the time of this report. No authentic reviews for this project were found. The evidence points to the operation being run from abroad. Unlike legitimate websites that display a business address, this site fails to provide such information. Additionally, there are no customer support phone numbers available. The site uses a fake company name. What is a crypto investment scam?

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

Date of registration: December 28, 2023
Expiration: December 28, 2024
First detected: January 29, 2024
Registrar: Spaceship, Inc.
Hosted by: Namecheaphosting.com
Ownership: Unknown

What is a crypto investment scam?

Cryptocurrency investment scams capitalize on the mystique surrounding emerging technologies to lure in victims. These scams often employ intricate technical terminology and complex explanations to obscure the truth and present a facade of credibility. Perpetrators might boast about exclusive, high-tech investment strategies or cutting-edge crypto-mining operations that guarantee exceptional returns. However, these purported technologies are frequently either grossly exaggerated or entirely fabricated. To widen their net, scammers frequently turn to social media and influencer endorsements, crafting a web of deceit with fabricated testimonials and endorsements to build trust. They may also set up sham investment clubs or private groups, offering so-called “insider information” in return for joining fees or direct investments.

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These schemes create a false sense of exclusivity and time sensitivity with “once-in-a-lifetime” offers designed to rush individuals into making hasty financial decisions. Victims often discover too late that their accounts are locked or that the customer support is unhelpful or non-existent. In the worst scenarios, the entire operation vanishes overnight, taking the investors’ funds with it. Due to the irreversible nature of cryptocurrency transactions, those defrauded are left with little recourse to recover their lost investments, highlighting the high risks associated with these digital assets.

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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