Makebitbinaryfx.com has come under scrutiny for conducting a cryptocurrency scam. A legitimate website typically shows the business address, but this site lacks such information on all its pages. The profit guarantee plans advertised are not genuine. Many pages still contain only placeholders instead of actual content. The project has no associated social media accounts. Ownership traces back to a company or individuals based abroad. The company name listed on the website is fictitious. Verifiable reviews for the project are missing. The domain name was registered a mere 25 days ago. Content on various pages appears to have been copied from other scam websites. Additionally, the website does not provide any customer support phone numbers. What is a crypto investment scam?

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

Date of registration: January 04, 2024
Expiration: January 04, 2025
First detected: January 29, 2024
Registrar: COSMOTOWN, INC. www.cosmotown.com
Hosted by: Hostesto.com
Ownership: Unknown

What is a crypto investment scam?

Cryptocurrency investment scams have become a global issue, with fraudulent schemes luring investors with the promise of exorbitant returns that are often touted as guaranteed on a daily or weekly basis. These deceptive operations are frequently based in international digital crime havens, strategically chosen for their lax regulations and the difficulty they pose to U.S. and other global regulatory authorities seeking to enforce the law. By situating themselves outside the reach of stringent legal systems, these scammers are afforded a degree of anonymity and protection, complicating the efforts of law enforcement to pursue and bring them to justice.

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For victims of these scams, the chances of recovering lost investments are slim. The scammers are adept at vanishing into the digital ether or navigating the murky waters of international law to shield themselves from repercussions. This not only emboldens the perpetrators to continue their illicit activities but also leaves those defrauded with little recourse, underscoring the importance of exercising caution and due diligence in the volatile world of cryptocurrency investments.

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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