Coinsagehub.com is running a crypto scam. The website has no customer support phone numbers and is controlled by an overseas entity or individuals. Its content is plagiarized from other scam websites. The profit guarantee plans advertised are not genuine. The site claims to be run by a non-existent company and has no associated social media accounts. Many pages on the site contain default content and placeholders, indicating they are unfinished. There is no business address listed, which is unusual for a legitimate operation. The domain name was registered a mere 27 days ago, and no verifiable legitimate reviews about the project could be found. What is a crypto investment scam?

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

Date of registration: January 08, 2024
Expiration: January 08, 2025
First detected: February 04, 2024
Registrar: NAMECHEAP INC www.namecheap.com
Hosted by: Asurahosting.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 aspect of these scams exacerbates the difficulty of retrieving any funds that victims may lose. In a bid to establish credibility, some scam operations may initially disburse a small return to their investors.

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This strategy is deliberately designed to create an illusion of authenticity, convincing investors that the scheme is profitable and trustworthy, thereby motivating them to invest larger sums of money. However, these early payouts are not the result of genuine investment strategies; they are merely part of the scam’s tactics to draw investors deeper into the scheme, ultimately leading to greater financial losses.

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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