Qfsaledger Review: Unveiling the Crypto Scam

Welcome to our Qfsaledger review, in which we investigate the website at qfsaledger.com.

Did qfsaledger.com scam you? Let us know by sharing your story in our crypto forums and helping create a safer community.

Qfsaledger Review - Screenshot of qfsaledger.com

Qfsaledger.com

The domain qfsaledger.com, associated with a cryptocurrency scam, is registered through HOSTINGER, UAB, and was created on August 3, 2023, with an expiration date set for August 3, 2024. The domain’s registration details reveal an emphasis on privacy, as it was registered under the organization Privacy Protect, LLC, based in Burlington, Massachusetts, USA. Contact information for the domain registrant includes a general contact number and an email address provided by PrivacyProtect.org, a service designed to shield the identity of domain owners.

Hosting for qfsaledger.com is provided by Hostinger International, with the server located in Meppel, The Netherlands, albeit the registered country is Germany. The IP address for the domain is 185.224.137.26, and it utilizes ns1.dns-parking.com and ns2.dns-parking.com as its nameservers. This setup indicates a European base for the hosting infrastructure, managed by Hostinger International Limited, which operates under the Autonomous System Number (ASN) 47583.

Analysis of the domain’s online presence reveals a very low authority score of 2, according to Semrush, indicating minimal trust and recognition in the digital space. The domain does not rank for any keywords and has generated no organic search traffic, suggesting it might be new or not actively engaged in SEO efforts to improve visibility. Furthermore, the website has a negligible backlink profile with only 11 backlinks from 6 referring domains, underscoring its limited impact and engagement in the broader digital ecosystem.

This summary indicates that qfsaledger.com is a newly established site with minimal digital footprint and credibility, hosted by a European-based provider, with efforts made by the registrants to maintain privacy and minimize traceability.

Qfsaledger.com Review

The website Qfsaledger.com presents itself as a leading asset security company, emphasizing its capacity to safeguard digital assets through innovative solutions and cutting-edge technology. It claims to offer comprehensive protection for assets, ensuring their integrity and confidentiality with advanced encryption and authentication methods.

The platform encourages users to secure digital assets, manage treasury operations, connect to exchanges, access DeFi, and interact with trading counterparties. It boasts an all-in-one platform that purports to secure tokens and NFTs, manage operations, enforce governance, and meet compliance requirements.

The website lists a contact email as support@qfsaledger.com and highlights its commitment to security, featuring direct custody with zero counterparty risk and multiple layers of security. It claims to eliminate single points of private key compromise by combining MPC-CMP and secure hardware enclaves, touting certifications like CCSS Level III, SOC2 Type II, and ISO 27001, 27017, and 27018.

Qfsaledger.com also emphasizes customer service, claiming 24/7 availability to meet users’ needs promptly and efficiently. It promotes scalability and flexibility in its security solutions, catering to individual and enterprise-level clients. The website contains testimonials from members expressing satisfaction with the platform’s security measures, user-friendliness, and customer service.

The website makes significant claims about asset protection, security certifications, and a wide array of services aimed at digital asset management. Through its platform, it tries to instill confidence in users about the safety and growth of their digital assets. The site uses a combination of technical jargon and assurance statements to create an image of reliability and trustworthiness.

Red Flags and Indicative Signs of a Scam

  1. Lack of Specific Contact Information: The website only provides a generic contact email (support@qfsaledger.com) without any specific phone numbers or physical addresses, which is unusual for a company claiming extensive industry experience and a high level of client trust.
  2. Overemphasis on Security Certifications: While claiming certifications like CCSS Level III, SOC2 Type II, and ISO 27001, 27017, and 27018, the site does not provide any direct links or proof of these certifications. This lack of verifiable evidence is a common tactic used by fraudulent sites to gain trust.
  3. Exaggerated Claims: The website’s claim of safeguarding over 7.5 billion assets and having 3.6 million members seems exaggerated, especially for a platform that lacks visibility in search engines and has a low domain authority score.
  4. Testimonials Without Verifiable Identities: The testimonials provided on the website lack verifiable identities, making it difficult to confirm the authenticity of these claims. Fake testimonials are a common scam indicator.
  5. Urgency and High Returns: The site’s emphasis on securing assets against an impending global event and blackout creates a sense of urgency, a tactic often used in scams to prompt quick action from victims.
  6. No Clear Regulatory Information: There is no mention of regulatory oversight or compliance with financial authorities, a critical oversight for a platform dealing with financial assets and investments.

Qfsaledger Reviews

The website Qfsaledger.com has been widely reported and reviewed across various scam detection and consumer advisory platforms, raising significant concerns about its legitimacy and operational practices.

According to Scam Detector and ScamWatcher, Qfsaledger.com has been flagged for several reasons that suggest it operates as a scam rather than a legitimate investment platform. These concerns are primarily based on its unregulated status, lack of transparency, unrealistic promises, and questionable withdrawal policies.

Qfsaledger.com has been critically assessed for providing minimal information about its operations, withholding essential details such as ownership, location, and regulatory compliance, which are crucial for establishing trust in the financial services sector.

The platform has been identified as unregulated, meaning it lacks oversight by any financial regulatory authority, posing a significant risk to investors’ funds. This absence of regulation allows Qfsaledger.com to operate without adhering to standard financial practices and protections that are in place to safeguard investors’ interests.

The website’s technical analysis reveals a low trust score, indicating potential safety risks for users’ investments and personal information.

Complaints about Qfsaledger.com include difficulties in withdrawing funds, with users reporting that the platform employs tactics to prevent or complicate withdrawal processes. Such practices include urging additional trades, imposing high withdrawal fees, and ceasing communication with clients requesting fund withdrawals.

Given these red flags, including its suspicious proximity to harmful online entities and high threat scores for phishing, malware, and spam, reviewers advise against Qfsaledger.com.

Potential and current investors are cautioned to exercise extreme caution and consider the risks associated with unregulated platforms that display such warning signs.

Engaging with regulated and transparent platforms for cryptocurrency investments is recommended to ensure the safety of funds and personal data.

BBB Complaint

On December 23, 2023, the following complaint was filed with the BBB (Better Business Bureau) by a person who reported being scammed for $30000 by a cryptocurrency scam at qfsaledger.com:

My mother has fallen victim to a cryptocurrency scam perpetrated through social media. An individual named Axel Vasa contacted her on Facebook. Here is his Facebook profile page: https://www.facebook.com/people/Axel-Vasa-WestCoast-Wizard/100095149397425/. He informed my mother of an impending financial collapse and advised that she should invest in a cryptocurrency known as XRP. He asserted that the only way to keep the cryptocurrency safe was to deposit the XRP into his website, https://qfsaledger.com. Following his advice, my mom signed up on the cryptocurrency exchange website https://trustwallet.com to make her purchases of XRP. Axel Vasa then directed her to https://qfsaledger.com to link her Trust Wallet and purportedly deposit her XRP for safekeeping. She has informed me that she has deposited $30,000 in XRP as of today. I became aware of this situation only recently, on 12/22/2023.

Conclusion

The examination of Qfsaledger.com through various scam detection services and the aggregation of user experiences paints a concerning picture of its operational integrity and reliability.

The significant warnings issued by trusted scam advisory platforms, coupled with the platform’s opaque nature and the myriad of red flags identified, strongly suggest that Qfsaledger.com operates far outside the bounds of what might be considered a legitimate and secure investment opportunity.

Transparency, regulatory compliance, and clear communication cannot be overstated in cryptocurrency and digital investments. These elements are foundational to establishing trust between an investment platform and its users. The absence of such critical details in Qfsaledger.com’s presentation and operations not only erodes this trust but also places potential and existing investors in a precarious position where the security of their funds and personal information is at risk.

The nature of Qfsaledger.com’s approach—characterized by unrealistic promises, difficulties in fund withdrawal, and an evident lack of regulatory oversight—aligns closely with patterns commonly observed in fraudulent schemes. These patterns are designed to allure inexperienced investors with the promise of high returns, only to entangle them in a web where their financial resources and personal data become compromised.

Bottom Line

While the allure of quick gains in the volatile crypto market can be tempting, the case of Qfsaledger.com serves as a stark reminder of the dangers lurking in unregulated spaces.

The evidence suggests that Qfsaledger.com is not a trustworthy platform. It underscores the importance of vigilance and due diligence in the selection of investment platforms.

Investors are urged to prioritize platforms that offer transparency, are subject to regulatory oversight, and have a verifiable integrity and security track record.

In the pursuit of investment opportunities, let prudence and thorough investigation guide your decisions, steering clear of entities that exhibit the hallmarks of potential scams like Qfsaledger.com.

Please share your experiences by replying below or head to our crypto forums to engage in discussion with our community.

Leave a Comment

Your email address will not be published. Required fields are marked *

Discover more from ScamCrypto Forum

Subscribe now to keep reading and get access to the full archive.

Continue reading

Scroll to Top