Wealthwisetrade.com has come under scrutiny for conducting a cryptocurrency scam. The website’s profit guarantee plans are fraudulent. The domain name was registered only 33 days ago at the time of this report, indicating its newness. Searches for verifiable reviews of this project yielded no results. The project lacks any associated social media accounts. The website does not list a business address, which deviates from the norm for legitimate sites. The company name claimed on the website is fictitious. Customer support phone numbers are conspicuously absent from the site. Many pages on the website contain only placeholder content, suggesting it is incomplete. The language used across the site is not original; it has been plagiarized from numerous other scam websites. The accumulation of evidence suggests that the website is managed from an overseas location. What is a crypto investment scam?

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

Date of registration: December 27, 2023
Expiration: December 27, 2024
First detected: January 29, 2024
Registrar: Hosting Concepts B.V. d/b/a Registrar.eu www.registrar.eu
Hosted by: Dnsfreedomhost.com
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 profits, often advertising daily or weekly earnings of 5% to 20% or more, which should be a red flag for potential investors. To avoid being exposed and to sidestep any negative feedback, these fraudulent operations frequently cycle through newly registered domain names, making them hard to track and report. They also tend to avoid providing customer support contact information, particularly phone numbers, and they usually lack a legitimate presence on well-known social media platforms, which could offer a channel for accountability.

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The glowing testimonials presented on these scam websites are nothing but fabrications designed to entice more victims. Unfortunately, for those who have been duped into sending money to these scammers, the chances of retrieving the 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 fraudulent activities.

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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