Primenessfxway.com is operating a crypto scam, using a fictitious company name and is owned by a foreign entity. The site falsely guarantees profits, but funds deposited are not returned. The content on the site is plagiarized from other scam websites. The domain was registered only 42 days ago, and no verifiable reviews exist for this project. There are no social media accounts linked to the website. Several pages contain default content and placeholder text. A business address is conspicuously absent, deviating from legitimate website practices. Additionally, there are no customer support phone numbers available. What is a crypto investment scam?

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

Date of registration: December 07, 2023
Expiration: December 07, 2024
First detected: January 18, 2024
Registrar: Global Domain Group LLC
Hosted by: Asurahosting.com
Ownership: Unknown

What is a crypto investment scam?

Cryptocurrency investment scams are becoming increasingly sophisticated, using high-quality websites that promise significant returns through expert trading or cutting-edge investment strategies. These platforms often feature advanced, high-tech interfaces and showcase false trading records that depict consistent profits, seemingly unaffected by the volatile nature of the crypto markets. They entice investors with the allure of low risk and high returns, claiming to have mastered the art of leveraging market fluctuations for substantial gains. To enhance their appearance of legitimacy, these fraudulent websites may include fake customer testimonials, display security verification badges, and provide customer service contacts that are actually part of the scam.

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They might also promote referral programs, offering extra rewards for recruiting new investors, which is a hallmark of a Ponzi scheme. Initially, they may ask for small deposits to build trust, but as confidence grows, they push for larger sums of money. However, when investors attempt to withdraw their earnings or their initial investment, they are confronted with unexpected fees, unexplained withdrawal delays, or complete denial of access to their funds. In some cases, the scam platform may suddenly go offline, and the operators vanish with the investors’ money. The anonymity of cryptocurrency transactions makes it exceedingly challenging to track down these scammers, leaving investors with little hope of recovering their lost

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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