Cryptoxusetrade.net is running a crypto scam. The project lacks legitimate reviews that could be verified or found. Evidence suggests it operates from a foreign country. The website lacks customer support phone numbers. The profit guarantee plans on the website are not real. The business does not have a physical address listed on any pages. Multiple unfinished pages on the site are filled with default content and placeholder text. The registration of cryptoxusetrade.net is recent, having occurred just 25 days ago. The wording on different pages is copied from numerous similar fraudulent websites. The site uses a fake company name and has no social media presence. What is a crypto investment scam?

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

Date of registration: February 08, 2024
Expiration: February 08, 2025
First detected: March 04, 2024
Registrar: Gname.com Pte. Ltd. www.gname.com
Hosted by: Cloudflare.com
Ownership: Unknown

What is a crypto investment scam?

Cryptocurrency investment scams are becoming increasingly sophisticated, using high-quality websites that promise significant returns through expert trading or innovative investment strategies. These platforms often feature advanced, high-tech interfaces and showcase false trading records that depict consistent profits, seemingly unaffected by the volatile nature of the crypto markets. They entice investors with the allure of low risk and high returns, claiming to have mastered the art of leveraging market fluctuations. To enhance their appearance of legitimacy, these fraudulent websites may include fake customer testimonials, display security verification badges, and provide customer service contacts that are actually part of the scam.

totalscam_lock

Weekly Scam Alerts - Free Service

Get notified when new scams are exposed!

Scammers never stop devising schemes to separate us from our hard-earned money. So, make sure to sign up for our weekly email scam alerts. TotalScam!™ Alert will notify you as soon new scams are discovered.

They might also promote referral programs, offering bonuses for recruiting new investors, which is a hallmark of a Ponzi scheme. Initially, victims may be asked for a small deposit. Once the scammers earn the investors’ trust, they push for larger sums of money. However, when investors attempt to withdraw their earnings or their initial investment, they encounter unexpected fees, unexplained withdrawal delays, or complete denial of access to their funds. In some instances, the scam platform may suddenly go offline, and the operators vanish with the investors’ capital.

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

How useful was this report?

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

Get notified as soon as new scams are detected!

Follow us on social media: