Web-miners.xyz has been implicated in running a crypto scam. The website is owned and operated by a foreign company or individuals. When the website went live, placeholder texts were still visible, indicating a lack of attention to detail. The domain name was registered only 32 days ago, suggesting a lack of established presence on the internet. The site does not provide any customer support phone numbers, which is a common feature of legitimate businesses. The content on various pages appears to be plagiarized, having been copied from several other fraudulent websites. No social media accounts are associated with this project, which is unusual for a legitimate business endeavor. Searches for a business address on the website have been fruitless, further casting doubt on its credibility. There are no verifiable reviews for this project, and the company name used by the website is fictitious. The profit guarantee plans advertised on the website are also fictitious and not to be trusted. What is a crypto investment scam?

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

Date of registration: December 28, 2023
Expiration: December 28, 2024
First detected: January 29, 2024
Registrar: HOSTINGER operations, UAB www.hostinger.com/
Hosted by: Dns-parking.com
Ownership: Unknown

What is a crypto investment scam?

Cryptocurrency investment scams capitalize on the mystique surrounding emerging technologies, luring investors with the promise of high returns from cutting-edge systems. These scams often involve convoluted terminology and claims of advanced, proprietary investment strategies or crypto-mining operations that are either grossly exaggerated or entirely fictitious. Scammers harness the power of social media and influencer endorsements to amplify their reach and credibility, presenting fabricated testimonials to create an illusion of trust and success. Additionally, they may establish so-called exclusive clubs or insider groups that claim to offer secret tips for a fee, creating a false sense of exclusivity and urgency with time-sensitive deals to push people into hasty investments.

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Once the money is handed over, investors might find themselves locked out of their accounts or facing unresponsive customer service. In the worst scenarios, the fraudulent platforms vanish without a trace, taking the investors’ funds with them. Due to the irreversible nature of cryptocurrency transactions, victims are often left with no recourse to recover their lost investments, highlighting the importance of due diligence in the crypto space.

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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