Finxaxis.com is running a crypto scam, operating under a fictitious company name with no social media accounts linked to the project. The domain name is new, registered for only 32 days at the time of this report. Several pages on the website lack content, showing only placeholders. There are no customer support phone numbers provided. The profit guarantee plans on the website are fake. Legitimate reviews about this project are nowhere to be found through research. The site does not list a business address, which is a significant indicator of illegitimacy. It is likely operated from overseas, and the text on various pages is plagiarized from other fraudulent websites. What is a crypto investment scam?
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|❌ Fake Business Name
❌ Recently Registered
❌ No Phone Numbers
❌ No Reviews
❌ Foreign Company
|❌ No Social Media
❌ Unfinished Website
❌ Fake Profit Guarantee
❌ No Address Found
❌ Copycat Content
Date of registration: December 28, 2023
Expiration: December 28, 2024
First detected: January 29, 2024
Registrar: GoDaddy.com, LLC www.godaddy.com
Hosted by: Cloudflare.com
What is a crypto investment scam?
Cryptocurrency investment scams are a growing concern, enticing victims with the allure of quick and substantial profits. These fraudulent schemes often promise daily or weekly returns that can be as high as 50% of the initial investment, a rate that is not only unsustainable but also completely unrealistic. The scammers are skilled in deception, and once they have your money, they watch for signs of doubt or suspicion. If they sense you’re catching on, they may double down on their deceit by introducing a second scam. This time, they pose as a company that claims expertise in retrieving lost crypto funds, offering their “services” for a fee.
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However, this is just another layer of the scam. They will ask for payment upfront, claiming they will track down the original fraudsters and recover your lost assets. But the truth is, cryptocurrency transactions are designed to be final and irreversible, making recovery nearly impossible. In the end, these scammers will simply pocket the fee and disappear, leaving the victim at a loss once again.
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