Ernestbit.com has been detected running a crypto scam. The language on multiple pages is copied from other scam websites. A genuine website typically provides a business address, but no such information is available on any of the pages. The website claims to be operated by a fictitious company. Many pages contain placeholder content, indicating a lack of completion. Evidence suggests the website is operated from overseas. The profit guarantee plans advertised are fraudulent. There are no customer support phone numbers provided. The domain name was registered only 29 days ago at the time of this report. There is no social media presence. Attempts to find legitimate reviews or verify the project’s credibility were unsuccessful. What is a crypto investment scam?

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

Date of registration: January 06, 2024
Expiration: January 06, 2025
First detected: February 04, 2024
Registrar: HOSTINGER operations, UAB
Hosted by: Dns-parking.com
Ownership: Unknown

What is a crypto investment scam?

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

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They frequently 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. However, as the scammers gain the investors’ trust, they push for larger sums of money. When investors attempt to withdraw their earnings or their initial investment, they’re often hit with unexpected fees, unexplained withdrawal delays, or complete denial of access to their funds. In some dire scenarios, the scam website might suddenly go offline, with the perpetrators vanishing with the investors’ capital. The anonymity of cryptocurrency transactions makes it exceedingly challenging to track down

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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