Cryptocoinswinfx.com is reported for being a crypto scam. The website does not provide a physical address for the business and operates under a made-up company name. Verified reviews for this project are nonexistent. Customer support is unattainable due to the absence of any phone numbers. The website is also not connected to any social media accounts. Profit guarantee plans presented on the website are phony, and the content has been copied from other similar scams. Ownership of the website traces back to a foreign company or individuals. Many pages contain only placeholder content, indicating a lack of completeness. The domain name was registered a mere 27 days ago at the time of this report. What is a crypto investment scam?
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|❌ No Address Found
❌ No Reviews
❌ No Social Media
❌ Copycat Content
❌ Unfinished Website
|❌ Fake Business Name
❌ No Phone Numbers
❌ Fake Profit Guarantee
❌ Foreign Company
❌ Recently Registered
Date of registration: January 02, 2024
Expiration: January 02, 2025
First detected: January 29, 2024
Registrar: HOSTINGER operations, UAB
Hosted by: Dns-parking.com
What is a crypto investment scam?
As cryptocurrency gains popularity, so do the scams associated with it, particularly on messaging platforms like WhatsApp, Telegram, and Discord. Scammers create seemingly active chat groups on these platforms, inviting individuals to join what appears to be a thriving community of investors sharing strategies and success stories. They provide regular “updates” on the performance of their funds, but communication is strictly text-based to prevent revealing their identities or betraying their lack of expertise. These groups often boast thousands of members, but many are not real people; they’re bots designed to mimic human activity and create an illusion of a bustling investment hub.
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This false sense of success and legitimacy can be very convincing, drawing in genuine investors. Scammers post fake testimonials and altered payout records to show profits and urge members to invest quickly, claiming the opportunity is exclusive and time-sensitive. However, when the scam is at risk of being uncovered, the scammers quickly dismantle their web of lies, closing down websites and chat groups. They then re-emerge under a new guise, with a slightly altered website to avoid detection, and begin the cycle anew. This makes it difficult for authorities to track them down and for victims to reclaim their investments.
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