Receiving Addresses:

• rETfsremYZtH2B2hfJSar27sKQ5rT3YZZu (Ripple)
• 0x32b5fd32edb1c173d74054d03f2cea677acc13ea (Ethereum)

Type of Scam: Not applicable
Details: Associated with the website bitify.net

Type of Scam: Cryptocurrency Investment Scam
URL of Scam: bitify.net
Cryptocurrency Addresses:

rETfsremYZtH2B2hfJSar27sKQ5rT3YZZu
0x32b5fd32edb1c173d74054d03f2cea677acc13ea
Amount Loss: $12,300

Open-Source Intelligence Analysis: Investigative Report on Fraudulent Activities at bitify.net

Current Website:
The website bitify.net has been identified as engaging in a cryptocurrency investment scam, where victims are lured with the promise of substantial returns on investments. The site manipulates trust through professional-looking interfaces and seemingly legitimate investment opportunities.

Domain and Hosting Information:

Registrar: NameSilo, LLC
Registered On: 2021-01-11
Expires On: 2026-01-11
Updated On: 2024-11-21
Status: clientHold, clientTransferProhibited
Nameservers:dom.ns.cloudflare.com
izabella.ns.cloudflare.com

Technical Analysis and Legal Action Recommendations:

Domain Registrar: NameSilo, LLC Action Recommended: Obtain detailed registration and ownership information to identify and locate the individuals or entities behind the scam.
Nameservers: Managed by Cloudflare, Inc. Action Recommended: Access DNS logs and settings to trace the domain’s activities and explore links to other potentially fraudulent operations.

Critical Observations:
The domain’s status of “clientHold” and “clientTransferProhibited” indicates regulatory or administrative issues, which often occur in response to legal actions or complaints about fraudulent activities. This suggests that the domain may already be under investigation or that issues have been flagged concerning its operations.

Conclusion:
bitify.net represents a clear case of a cryptocurrency investment scam, using sophisticated web presence to defraud investors. Immediate, comprehensive legal actions, including subpoenas for detailed domain registration and DNS logs, are essential to dismantle the fraudulent infrastructure and potentially aid in the recovery of victims’ funds. Further efforts should be directed towards public education to enhance awareness of such scams, reducing the risk of further victimization in the cryptocurrency space.