Crypto Scams

Discussion in 'Bitcoin' started by math_celebrity, Dec 24, 2020.

  1. math_celebrity

    math_celebrity Administrator Staff Member

    I'd like to warn our fans about a crypto scam going around.

    The site is

    The scam runs like this...
    • You're asked to deposit money, a minimum of $1,000 in BTC.
    • You're given credits on the money from their mining/aribtrage plan.
    • However, when it comes time to cash out after a week, they suddenly tell you, their is some magical agreement (which you never signed nor is on their website) where you now have to pay 25% of your profits to them and you'll get a withdrawal code for the rest.
    • When you press them on how they pay 75% of your profits from a 25% deposit which makes no sense, they tell you that it's how things work.

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