Safewayx.store – Fake Crypto Investment and Trading Platform

URL of Scam: Safewayx.store

Cryptocurrency Wallet Addresses:

• Bitcoin Address 1:

  3P6pZrraUVLyeLPTviX5RXBZJyR8Fdqbxh

• Bitcoin Address 2:

  36gK4M8XiZDGMEHeEY2feK2tbguYmmTgFX

Amount Lost: Approximately $3,400

Description: Safewayx.store is a fraudulent cryptocurrency investment and trading platform that falsely promises high returns on investments. Victims are misled by unrealistic claims of profitability and end up losing their funds. One user reported a total loss of $3,400 through Bitcoin transactions on the platform. The operation lacks regulatory compliance and transparency, making it impossible for victims to recover their funds.

Open-Source Intelligence Analysis: Investigative Report on Safewayx.store

Current Website: Safewayx.store falsely advertises itself as a reliable trading and investment platform but has been identified as a scam. It uses deceptive tactics to lure victims into transferring funds without delivering any services.

Domain and Hosting Information:

• Domain: safewayx.store
• Registrar: Gname.com Pte. Ltd.
• Registered On: 2024-11-11
• Expires On: 2025-11-11
• Updated On: 2024-11-16

Registrant Contact:

• State: Chiang Mai
• Country: Thailand (TH)

Reported Issues:

1. Victims are enticed by promises of high returns but receive no legitimate services.
2. Funds are unrecoverable, with no communication or support from the platform operators.
3. The platform operates without transparency, legitimacy, or regulatory oversight.

Key Recommendations for Users:

• Avoid Engagement: Do not transfer funds or interact with safewayx.store or similar unregulated platforms.
• Report the Scam: File a report with local authorities and cryptocurrency fraud monitoring platforms. Provide all relevant details, such as wallet addresses and transaction records.
• Raise Awareness: Share this information widely to warn others about the risks of engaging with fraudulent investment platforms.

Safewayx.store  Conclusion:

Safewayx.store is a fraudulent operation posing as a cryptocurrency investment and trading platform. Immediate investigation and action are required to trace and shut down this platform. Public education campaigns are essential to help individuals recognize and avoid scams that promise unrealistic financial returns.