We have detected that sftradesltd.com is operating a crypto scam. No social media accounts were identified for this project, and the website does not provide any customer support phone numbers. The domain name was registered only 30 days ago. The profit guarantee plans presented on the website are phony, and the website uses a fake company name. Legitimate websites typically display a business address, but no such information was found on any of the pages. There is a lack of legitimate reviews about this project that we could verify. Evidence suggests the website is being operated from overseas. Numerous pages remain empty, filled only with placeholder content, and the language used on multiple pages has been copied from other deceptive websites. What is a crypto investment scam?

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

Date of registration: December 30, 2023
Expiration: December 30, 2024
First detected: January 29, 2024
Registrar: Whogohost Limited
Hosted by: Stackdns.com
Ownership: Unknown

What is a crypto investment scam?

Cryptocurrency investment scams are a growing concern, enticing victims with the allure of quick and substantial profits. These schemes often promise daily or weekly returns that are exceptionally high, sometimes as much as 50% of the initial investment, which should be a red flag as these claims are not just unrealistic but entirely fraudulent. When the scammers sense that their victims are catching on to the deception, they double down on their efforts. They might introduce a secondary scam, posing as a company that specializes in the recovery of lost crypto funds.

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This new scam preys on the victim’s desire to recoup their losses, offering services for a fee. However, this is simply another layer of the scam. They ask for payment upfront, claiming they will track down the original fraudsters and retrieve the lost funds. But, given the irreversible nature of cryptocurrency transactions, this is an empty promise. The scammers pocket the fee and disappear, leaving the victim at a loss once again.

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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