Goldwaxton.com is running a crypto scam with all profit guarantee plans on the website being fraudulent. The website falsely uses a company name and the content on various pages is copied from other scam websites. Many pages contain only placeholder content. The website lacks a physical address for the business and has no associated social media accounts. Legitimate reviews about the project are nonexistent. Customer support phone numbers are absent from the website. The site is operated by a foreign business or individuals, and the domain name registration occurred only 28 days prior to this report. What is a crypto investment scam?

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

Date of registration: January 01, 2024
Expiration: January 01, 2025
First detected: January 29, 2024
Registrar: Global Domain Group LLC
Hosted by: Ultrahostghana.com
Ownership: Unknown

What is a crypto investment scam?

Cryptocurrency investment scams capitalize on the mystique surrounding emerging technologies to lure in investors. These scams often employ intricate technical terminology and jargon, which can bewilder and mislead people into believing they are legitimate opportunities. Scammers might boast about having advanced algorithms or exclusive crypto-mining operations that can yield exceptional market returns. However, these claims are frequently either entirely fabricated or grossly exaggerated. To widen their net, scammers commonly utilize social media and influencer endorsements, crafting a facade of authenticity with counterfeit testimonials. They might also present themselves as elite investment groups or circles, offering so-called “insider information” in return for joining fees or direct investments.

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These schemes typically create a false sense of scarcity and urgency with “once-in-a-lifetime offers” to push individuals into hasty, ill-advised financial decisions. Victims of these scams often encounter sudden account lockouts or unresponsive customer service, leaving them stranded. In more extreme scenarios, the fraudulent platform might vanish without a trace, taking the investors’ funds with it. Due to the irreversible nature of cryptocurrency transactions and the lack of centralized authority, recovering lost funds is usually an insurmountable challenge for those who have been duped.

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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