Multifarms.ltd has been reported for running a crypto scam. The domain name is relatively new, having been registered for only 33 days at the time of this report. Attempts to verify or find legitimate reviews about this project were unsuccessful. Legitimate websites typically display a business address, but no such information appears on any of the pages. The website also lacks any phone numbers for customer support. Many pages on the website contain empty sections with placeholder content. No social media accounts have been associated with this project. The language on multiple pages is identical to that found on other deceptive websites. The profit guarantee plans advertised on the website are fraudulent. The company name used by the website is fictitious. Control of the site is in the hands of an overseas organization or individuals. What is a crypto investment scam?

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

Date of registration: December 19, 2023
Expiration: December 19, 2024
First detected: January 21, 2024
Registrar: HOSTINGER operations, UAB www.hostinger.com
Hosted by: Dns-parking.com
Ownership: Unknown

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 are exceptionally high, sometimes as much as 50% of the initial investment, which is an unrealistic and deceptive claim. Once the scammers have successfully persuaded individuals to part with their money, they don’t stop there. If they sense skepticism or hesitation, they may double down on their deceit by introducing a second, seemingly unrelated company.

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This new company fraudulently presents itself as a specialist in the recovery of lost crypto funds, offering to help victims for a fee. However, this is just another layer of the scam. They will ask for payment upfront, claiming they can track down the original fraudsters and retrieve the stolen funds. But the reality is that cryptocurrency transactions are designed to be final and irreversible. In the end, these scammers simply pocket the additional fees and disappear, leaving the victims with compounded losses.

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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