It’s unfortunate to hear about yet another fraudulent trading platform preying on unsuspecting victims. Absgbl.com appears to be part of a larger Pig Butchering scam, where scammers build trust before convincing victims to invest increasing amounts of money.

A warning from the California Department of Financial Protection and Innovation (DFPI) confirms that Absgbl.com was reported by at least one victim who lost money after being lured in by someone named Mona through a WhatsApp trading group. The scammers instructed them to transfer funds to the platform, only to repeatedly pressure them for more deposits. When the victim attempted to withdraw, they never received their money, despite a fake confirmation message from the website.

Key Red Flags Identified:
🔹 Fake Trading and Investment Platform – The website posed as a legitimate trading service but never allowed withdrawals.
🔹 Unrealistic Profit Promises – Common in crypto scams, where victims are lured in with guaranteed returns.
🔹 Payments in Cryptocurrency – Bitcoin transactions make it nearly impossible to reverse payments or recover funds.
🔹 Ghosting After Deposits – Victims report being ignored after sending money, a hallmark of fraudulent platforms.

Latest Updates on Absgbl.com:
🚨 The website is no longer operational, suggesting the scammers have either shut it down or moved to a new domain.
🚨 The Bitcoin address used (3Lpcemn5vJVvkngvxGiqcH3PYJrsB24bjJ ) may be linked to other scams—tracing its activity could help identify related fraudulent operations.
🚨 The domain Absgbl.com was registered on July 16, 2024, and is set to expire in July 2025, meaning the scammers may still attempt to reactivate it or use variations of the name.

If you were affected by Absgbl.com, consider reporting the scam to relevant authorities such as:
🔹 DFPI (California Financial Regulator) – DFPI Crypto Scam Tracker
🔹 Your local law enforcement or cybercrime unit
🔹 Blockchain analysis services that can track the Bitcoin wallet’s movement

For those searching for legitimate crypto trading platforms—always verify licenses, research the company history, and be skeptical of guaranteed returns. If a platform pressures you to keep depositing money, that’s a massive red flag!

Stay safe, and if anyone has additional details on Absgbl.com or related scams, share them here to help prevent more victims.