Deriv-escrow.xyz is running a crypto scam, with website content that is copied from other similar scam websites. There are no authentic reviews for this project. The website launched with many pages still showing incomplete and placeholder content. It is likely operated from overseas, and the company name listed on the site is false. The profit guarantee promised by the website is not genuine, and any funds deposited are unlikely to be returned. The lack of a business address on the website is a significant warning sign. No social media accounts are associated with this project. The domain name was registered only about 27 days ago, and there are no customer support phone numbers provided. What is a crypto investment scam?

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

Date of registration: January 08, 2024
Expiration: January 08, 2025
First detected: February 04, 2024
Registrar: OwnRegistrar, Inc. www.ownregistrar.com
Hosted by: Ultahost.com
Ownership: Unknown

What is a crypto investment scam?

Cryptocurrency investment scams are a growing concern, enticing victims with the allure of quick and substantial profits. These schemes often promise daily or weekly returns that are exceptionally high, sometimes as much as 50% of the initial investment, which is a clear red flag. These promises are not just overly optimistic; they are outright lies designed to trap the unwary. When the scammers sense that their victims are catching on to the fraud, they double down on their deceit. They might contact the victim posing as a different company, one that claims expertise in recovering lost crypto funds.

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This supposed lifeline is just another layer of the scam. They ask for payment upfront, claiming they will use it to track down the original fraudsters and retrieve the stolen assets. However, the nature of cryptocurrency transactions makes them final and non-reversible, meaning these recovery efforts are futile. The scammers, having collected the additional fees, disappear without a trace, leaving the victim at a compounded loss.

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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