Pipsfxtrade.com is running a crypto scam. The domain name is new, registered only 30 days ago at the time of this report. Attempts to verify or find legitimate reviews about this project were unsuccessful. The website lacks a physical address for the business and does not list customer support phone numbers. It uses a fake company name, and the content on various pages has been copied from similar scam websites. No social media accounts are associated with this project. The site is owned and operated by an overseas organization or individuals. The profit guarantee advertised on the website is fraudulent; deposited funds are not returned. Many pages are incomplete, featuring default content and placeholder text. What is a crypto investment scam?

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

Date of registration: January 05, 2024
Expiration: January 05, 2025
First detected: February 04, 2024
Registrar: Hostinger Operations, UAB www.hostinger.com
Hosted by: Dns-parking.com
Ownership: Unknown

What is a crypto investment scam?

The landscape of crypto investment scams has become increasingly sophisticated, leveraging popular messaging platforms like WhatsApp, Telegram, and Discord to ensnare potential victims. Scammers create chat groups, posing as communities of savvy investors sharing tips, success stories, and updates on the impressive performance of their investments. These conversations are strictly text-based to prevent voice or video interactions that could reveal the scammers’ true identities or betray their lack of expertise. These groups often boast thousands of members, creating the illusion of a bustling hub of successful investors. However, many participants are actually bots, programmed to mimic human activity and lend credibility to the scam.


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The scammers use these groups to build trust, posting fake testimonials and doctored payout records to showcase the supposed profitability of their schemes. They push for quick investments, touting the exclusivity and urgency of their opportunities. When the scam is at risk of being uncovered, the fraudsters quickly dismantle their web presence and chat groups, only to reemerge under a new guise. They launch new websites and communication channels, slightly altered to avoid detection, and continue their cycle of deceit. This pattern makes it difficult for authorities to track them down and for victims to reclaim their funds, as the scammers leave a cold trail of their fraudulent activities.

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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