Worldsminingfx.com is operating a crypto scam with profit guarantee plans that are fraudulent. The website appears to be run from overseas and fails to provide a physical address. Social media accounts for the project are missing, and customer support phone numbers are nowhere to be found on the site. The domain name was registered only 27 days ago, and there are no legitimate reviews about the project that could be verified. Many placeholders remain on the website, indicating it was rushed to go live. Additionally, the site uses a fake company name and the content on various pages is copied from other scam websites. What is a crypto investment scam?
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|❌ Fake Profit Guarantee
❌ No Address Found
❌ No Phone Numbers
❌ No Reviews
❌ Fake Business Name
|❌ Foreign Company
❌ No Social Media
❌ Recently Registered
❌ Unfinished Website
❌ Copycat Content
Date of registration: January 08, 2024
Expiration: January 08, 2025
First detected: February 04, 2024
Registrar: NameSilo, LLC www.namesilo.com/
Hosted by: Stackdns.com
What is a crypto investment scam?
Cryptocurrency investment scams are a growing concern, as they entice potential investors with the allure of quick and substantial profits. These scams often promise daily or weekly returns that are exceptionally high, sometimes as much as 50% of the initial investment, which is an unrealistic and unsustainable rate. The scammers are skilled in crafting a facade of legitimacy and potential wealth, but their promises are nothing more than a mirage designed to deceive. Once the scammers have successfully persuaded individuals to part with their money, they monitor for any signs of doubt or suspicion. If they sense that their victim is catching on to the scam, they may double down on their deceit.
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They do this by introducing a second, seemingly unrelated company that claims to have the expertise to recover lost cryptocurrency funds. This company, however, is just another extension of the scam. They offer false hope and ask for additional fees, claiming they will track down the original fraudsters and retrieve the stolen funds. Yet, the nature of cryptocurrency transactions, which are designed to be final and irreversible, makes such recovery nearly impossible. In the end, the scammers disappear with the additional fees, leaving the victim at a greater loss.
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