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This report details fraudulent activities associated with Rendernet-work.com, which operates as a fake multi-level marketing (MLM) platform. Victims reported losing money through transactions involving USDC (Tether) cryptocurrency. Once payments were made, the platform became unresponsive, and promised returns were never delivered.
Scam Type:
- Fake Multi-Level Marketing (MLM) Platform
- Fraudulent promises of high returns on investments
- Loss of funds through cryptocurrency payments
Receiving Wallet Address:
- USDC (Tether):
0x4c9e36d8182af77bd67018d23e0a694ed1071fdf
- Reported Loss:
The exact amount is unspecified but involves significant sums in USDC transferred to the listed address.
Domain Information:
- Domain Name: rendernet-work.com
- Registrar: Web Commerce Communications Limited dba WebNic.cc
- Registration Date: July 11, 2024
- Expiration Date: July 11, 2025
- Last Updated: July 11, 2024
Registrant Contact Information:
- Name: Render Network Render Network
- Organization: Render Network
- Address: DC, New York, 10001, US
- Phone: +1.1234567890
The fraudulent platform Rendernet-work.com claimed to offer MLM opportunities with high returns on investments. Victims were required to make payments in USDC to the provided wallet address, expecting returns as per the MLM structure. However, no returns were delivered, and the platform ceased communication with the victims. The site exploited the anonymity and irreversibility of cryptocurrency payments to execute the scam.