Premiumtrustcryptotrade.com is a crypto scam site. It has fake content and made-up profit plans. The text is copied from other scam sites. There’s no business address listed. No real reviews exist. The domain is only 21 days old. The company name is fake. There are no support phone numbers. The site has no social media. It’s run by someone overseas. What is a crypto investment scam?

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

Date of registration: January 30, 2024
Expiration: January 30, 2025
First detected: February 20, 2024
Registrar: OwnRegistrar, Inc.
Hosted by: Naijawebhost.com
Ownership: Unknown

What is a crypto investment scam?

Cryptocurrency investment scams lure individuals with the promise of exorbitant and often implausible returns, frequently assuring consistent daily or weekly profits. These deceptive operations are commonly based overseas, which presents a significant obstacle for law enforcement agencies in tracking and prosecuting the perpetrators. The international nature of these scams exacerbates the difficulty of retrieving any funds that victims may lose. In an effort to build credibility, some scam operations may initially disburse a small return to their investors.

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This strategy is designed to manufacture an illusion of authenticity and to persuade investors to increase their stakes. However, these early payouts are not the result of any genuine investment strategies; they are merely part of the scam’s tactics to entice investors to pour more money into the scheme, ultimately leading to greater losses when the fraudulent nature of the operation is inevitably revealed.

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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