Merylive.com is running a crypto scam with all profit guarantee plans presented on the website being phony. The domain name was registered just 25 days ago, and many pages still contain placeholder content. The company name claimed on the website does not exist, and evidence suggests it is operated from a foreign country. Genuine websites typically provide a business address, but no such information was found on any of the pages. No social media accounts for this project could be located. The wording on different pages appears to be copied from other fraudulent websites. Legitimate, verifiable reviews about this project are absent. The website lacks any customer support phone numbers. What is a crypto investment scam?

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

Date of registration: January 04, 2024
Expiration: January 04, 2025
First detected: January 29, 2024
Registrar: NameSilo, LLC www.namesilo.com/
Hosted by: Afeeshost.ltd
Ownership: Unknown

What is a crypto investment scam?

Crypto investment scams capitalize on the mystique surrounding emerging technologies to lure in investors. These schemes often employ intricate technical terminology and complex jargon, deliberately designed to bewilder and persuade people of their authenticity. Scammers might boast about exclusive, high-tech algorithms or advanced crypto-mining operations that they claim can yield extraordinary market returns. However, these purported technologies are frequently either grossly exaggerated or entirely fictitious. To widen their net, scammers increasingly turn to social media and influencer marketing, using counterfeit endorsements and fabricated testimonials to appear trustworthy. They might also present themselves as elite investment groups or circles, offering so-called “insider information” in return for membership dues or direct investments.

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These scams create a false sense of scarcity and urgency with “once-in-a-lifetime offers” to push individuals into hasty and ill-advised financial decisions. Victims often discover too late that their accounts are locked or that the customer support is non-existent. In the worst scenarios, the fraudulent platform vanishes overnight, taking the investors’ funds with it. Due to the irreversible nature of cryptocurrency transactions, once the money is gone, it is typically irretrievable, leaving victims with little recourse.

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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