Reported As Possible Scam
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Search Results
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Type of Scam: Cryptocurrency Scam
URL of Scam: https://www.yieldify.site/#/home
Victim Description: The victim is seeking assistance to recover lost cryptocurrency assets and is requesting a consultancy call to explore possible recovery options.Crypto Addresses:
0xa53323FE3EE14353250c7A66f07cC9298E653FD0 
0x9e7b5f5800ebe925e54e2a3e9b1659946f464673
0xE09c0F9Dc37a352a74f918dd9C90e13d448986c9
3Eg5HT7fDXxTMLh4hmDYeYr4Tv6DgnesoK Calculated Amount Loss: $111,638.00
Open-Source Intelligence Analysis: Preliminary Findings on Fraudulent Activities Associated with yieldify.site
Current Website:
The website yieldify.site has been implicated in a cryptocurrency scam, with deceptive promises likely related to high returns on crypto investments or other financial benefits to entrap victims.Domain and Hosting Information:
Registrar: Tucows.com Co.
Registered On: 2024-07-28
Expires On: 2025-07-28
Updated On: 2024-09-10
Status: clientTransferProhibited, clientUpdateProhibited
Nameservers: brett.ns.cloudflare.com, dara.ns.cloudflare.com
(Hosted by Cloudflare, Inc.)Technical Analysis and Subpoena Recommendations:
Domain Registrar: Tucows.com Co.Recommendation for Subpoena: Secure comprehensive registration and ownership details, along with any communication or transaction logs that might expose the identity of the scam operators.
Nameservers: Managed by Cloudflare, Inc.Recommendation for Subpoena: Obtain DNS configuration and activity logs to uncover operational details and any linked malicious activities.Key Observations:
The use of Cloudflare’s services suggests an intention to maintain high uptime and performance while potentially obscuring true geographic locations and operational details of the scam’s infrastructure. The short registration duration of the domain indicates a potential for a temporary scam setup, typical of many online fraud schemes designed to quickly capitalize on illicit gains.Conclusion:
The cryptocurrency scam conducted through yieldify.site exploits the growing interest in digital asset investments. Immediate legal actions, particularly through detailed subpoenas for the domain registrar and DNS service providers, are essential to dismantle the scam’s network, trace the illicit flow of funds, and potentially aid in the recovery of the victim’s losses. Additionally, proactive communication to educate potential investors about the risks of such scams is recommended to prevent further victimization.We have received a critical alert regarding a significant scam involving the website yieldify.site. Victims have reported substantial financial losses, with one individual losing approximately $75,000 in cryptocurrency. The scam leverages sophisticated tactics to appear legitimate, drawing in users with the promise of profitable investments and secure financial services.
Reports indicate that funds were transferred through unauthorized means under deceptive pretexts, resulting in significant monetary damage. The transactions, involving both ETH and BTC, were directed to specific wallet addresses, with transfers ranging from small amounts to tens of thousands in cryptocurrency. Victims have reported delays or complete denials of withdrawals, further raising suspicion. The common pattern seen includes misleading assurances about secured funds and opaque processes that facilitated unauthorized movement of assets.
Key transaction details include multiple transfers in late August and early September 2024, where various amounts of ETH and BTC were sent to wallet addresses such as 0xa53323FE3EE14353250c7A66f07cC9298E653FD0 and
3Eg5HT7fDXxTMLh4hmDYeYr4Tv6DgnesoK . Specific instances include a transfer of 10.017 ETH on September 9, 2024, and another significant transaction of 9.258 ETH on August 30, 2024, among others.These incidents highlight the critical need for caution and thorough due diligence when engaging with online financial platforms. Users are advised to verify the credibility of services through trusted sources and remain vigilant to avoid potential scams. For those affected, contacting relevant authorities or cybersecurity experts for support in reporting and exploring recovery options is essential.
Remain aware, take preventive measures, and protect your assets from fraudulent schemes.