Scoinbitcompany.com is running a crypto scam, controlled by an overseas organization or individuals. The site lacks social media accounts, and its domain name was registered only 42 days ago at the time of this report. The website does not display any customer support phone numbers. Many pages contain default content and placeholder text. The company name used by the website is fictitious. The profit guarantee plans advertised on the site are not genuine. Verifiable reviews for this project are absent, and the content on various pages is copied from other scam websites. The website fails to provide a physical address for the business. What is a crypto investment scam?

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

Date of registration: December 07, 2023
Expiration: December 07, 2024
First detected: January 18, 2024
Registrar: PSI-USA, Inc. dba Domain Robot www.psi-usa.info
Hosted by: Com.br
Ownership: Unknown

What is a crypto investment scam?

Cryptocurrency investment scams lure unsuspecting individuals with the allure of exceptionally high returns that are typically impossible to achieve. These scams promise astronomical profit margins, often suggesting that investors can expect daily or weekly returns of 5% to 20%, or in some cases, even higher. To avoid being exposed and to circumvent negative feedback, these fraudulent operations frequently cycle through newly registered domain names, effectively playing a game of digital hide-and-seek. They intentionally avoid providing customer support contact numbers and steer clear of establishing a legitimate presence on well-known social media platforms, further obscuring their operations.

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The glowing testimonials presented on these scam websites are nothing but fabrications designed to mislead potential victims. Unfortunately, for those who have been duped into sending money to these scammers, the chances of retrieving their lost funds are slim to none, given the irreversible nature of cryptocurrency transactions. The anonymity and lack of regulation in the crypto space make it a fertile ground for such deceptive schemes.

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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