Fxtruve.com is operating a crypto scam. No social media accounts are associated with this project, which is unusual for a legitimate operation. A genuine website typically provides a business address, but none could be found on any of the site’s pages. Verified reviews for this project are nonexistent. The website lacks customer support phone numbers. Control of the site rests with an overseas organization or individuals. The profit guarantee plans advertised on the website are not authentic. The company name listed on the website does not correspond to a legitimate entity. Content on various pages is not original; it has been copied from numerous similar scam websites. Several pages on the website are incomplete, filled with default content and placeholder text. The domain name was registered only 27 days ago at the time of this report, indicating a lack of established presence. What is a crypto investment scam?
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|❌ No Social Media
❌ No Reviews
❌ Foreign Company
❌ Fake Business Name
❌ Unfinished Website
|❌ No Address Found
❌ No Phone Numbers
❌ Fake Profit Guarantee
❌ Copycat Content
❌ Recently Registered
Date of registration: January 08, 2024
Expiration: January 08, 2025
First detected: February 04, 2024
Registrar: Atak Domain apiname.com
Hosted by: Cloudflare.com
What is a crypto investment scam?
Cryptocurrency investment scams are a growing concern, as they entice potential investors with the allure of quick and substantial profits. These scams often promise daily or weekly returns that can be as high as 50% of the initial investment, which is an unrealistic and deceptive claim. The scammers are skilled at persuading individuals to part with their money, and once they sense skepticism from their victims, they double down on their deceit. In an attempt to further exploit their victims, the scammers may introduce a secondary fraudulent company, masquerading as a specialist in the recovery of lost crypto funds.
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This new scam preys on the victim’s desire to recoup their losses, offering services for a fee. They falsely assure the victim that they can track down the original scammers and reverse the transactions. However, due to the immutable nature of cryptocurrency transactions, this is simply not possible. The so-called recovery company is just another facet of the scam, designed to extract additional fees from the victim before disappearing without a trace. It’s a harsh reminder that in the world of cryptocurrency, if something seems too good to be true, it probably is.
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