Terabyteexchange.com has been reported for running a crypto scam. The site is owned and operated by an overseas organization or individuals and uses a fictitious company name. There are no customer support phone numbers listed, and a business address is conspicuously absent from the site, which deviates from the norms of a legitimate operation. The content on various pages appears to be plagiarized from other scam websites. The domain name was registered only 32 days ago, and the site’s promised tiered profit guarantee plans are entirely fraudulent. Legitimate reviews of this project are nowhere to be found. Upon launch, the website featured numerous pages with incomplete and placeholder content. Additionally, there are no associated social media accounts for this project. What is a crypto investment scam?

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

Date of registration: December 28, 2023
Expiration: December 28, 2024
First detected: January 29, 2024
Registrar: NAMECHEAP INC www.namecheap.com
Hosted by: Namecheaphosting.com
Ownership: Unknown

What is a crypto investment scam?

Cryptocurrency investment scams are a growing concern, enticing unsuspecting individuals with the allure of quick and substantial profits. These scammers often make grandiose promises, such as daily or weekly returns that can reach an astonishing 50% of the initial investment. These claims are, without exception, fraudulent and designed to ensnare victims in their scheme. Once the scammers have successfully siphoned off your funds and you begin to show signs of doubt or suspicion, they may double down on their deceit. It’s not uncommon for them to contact you again, this time masquerading as a different company that professes to have expertise in the recovery of lost cryptocurrency assets.


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They will assert that they can help you retrieve your funds for a fee. Yet, this is simply another layer of the scam. They will ask for payment upfront, claiming they need it to track down the original fraudsters and reverse the transactions. However, the nature of cryptocurrency transactions is such that they are final and cannot be reversed. In the end, these scammers will pocket the fee and disappear, leaving you at a compounded loss.

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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