Cryptobase-xchange.com is reported for being a crypto scam. The domain name was registered only 31 days ago. The website claims to be operated by a company, but the name is fictitious. There are no verifiable reviews for this project. The profit guarantee plans showcased on the website are false. Evidence suggests that the operation is based in a foreign country. The wording on different pages is plagiarized from other fraudulent websites. Placeholder texts were still visible when the website went live. The project has no associated social media accounts. Legitimate websites typically display a business address, but this site lacks such information. Additionally, there are no phone numbers for customer support available on the website. What is a crypto investment scam?
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|❌ Recently Registered
❌ No Reviews
❌ Foreign Company
❌ Unfinished Website
❌ No Address Found
|❌ Fake Business Name
❌ Fake Profit Guarantee
❌ Copycat Content
❌ No Social Media
❌ No Phone Numbers
Date of registration: December 29, 2023
Expiration: December 29, 2024
First detected: January 29, 2024
Registrar: Hosting Concepts B.V. d/b/a Registrar.eu www.registrar.eu
Hosted by: Lytehosting.com
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 their efforts to pursue and penalize the perpetrators. The international aspect of these scams exacerbates the difficulty of retrieving the funds that victims have lost.
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In a bid to build credibility with prospective investors, some scam schemes may disburse a minor initial return. This strategy is deliberately designed to foster a misleading impression of credibility, thereby coaxing investors to inject more substantial sums into the scheme. It’s important to note that these early payouts are not the fruits of genuine investment strategies; rather, they are part of a calculated ruse to draw investors deeper into the scam.
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