Coinwealthglobal.com is reported for being a crypto scam. The domain name is new, registered only 25 days ago at the time of this report. The site is owned and operated by an overseas organization or individuals. The verbiage on various pages has been copied from other similar scam websites. Many pages on the website are still blank, showing only placeholder content. A genuine website is expected to provide a business address, but no such information was found on any of the pages. The profit guarantee plans showcased on the website are false. The company name stated on the website is also false. No legitimate reviews about this project could be found or verified. The website does not offer any phone numbers for customer support. No social media accounts for this project could be located. What is a crypto investment scam?
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|❌ Recently Registered
❌ Copycat Content
❌ No Address Found
❌ Fake Business Name
❌ No Phone Numbers
|❌ Foreign Company
❌ Unfinished Website
❌ Fake Profit Guarantee
❌ No Reviews
❌ No Social Media
Date of registration: January 04, 2024
Expiration: January 04, 2025
First detected: January 29, 2024
Registrar: HOSTINGER operations, UAB
Hosted by: Dns-parking.com
What is a crypto investment scam?
Cryptocurrency investment scams capitalize on the mystique surrounding emerging technologies to lure in potential investors. These scams often employ a barrage of technical terms and complex language designed to bewilder and persuade people of their authenticity. Scammers might boast about having exclusive, high-performance algorithms or advanced crypto-mining operations that can supposedly yield exceptional market returns. However, these purported technologies are frequently either entirely fabricated or grossly exaggerated. To widen their net, scammers commonly utilize social media and influencer endorsements, crafting a facade of trustworthiness with fabricated testimonials and endorsements. They might also present themselves as elite investment groups or circles, offering so-called “insider information” in return for joining fees or direct investments.
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These schemes often create a false sense of scarcity and urgency with “once-in-a-lifetime offers” to push individuals into hasty and ill-advised financial decisions. Victims of these scams may suddenly find themselves locked out of their accounts or facing unresponsive customer support. In more extreme scenarios, the fraudulent platform might vanish without a trace, taking the investors’ funds with it. Due to the irreversible nature of cryptocurrency transactions, recovering lost funds is typically an exercise in futility, leaving victims with little recourse
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