Scam Name: GLB Binary FNX Cryptocurrency Scam

Calculated Amount Lost: $5,786
Scam URL: glbbinaryfnx.com

Victim Description:
The victim invested in GLB Binary FNX, a fraudulent cryptocurrency trading platform accessible through the URL glbbinaryfnx.com. After initial interactions, the victim made cryptocurrency deposits, but when attempting to withdraw their funds, the scammer blocked access and failed to release the funds. Multiple cryptocurrency addresses were used to funnel the victim’s funds.

Scam Tactics:
Fraudulent Investment Platform:
The victim was persuaded to deposit funds into a trading account on the platform GLB Binary FNX under the guise of a legitimate investment opportunity. The scam likely promised returns on cryptocurrency trades or other financial gains.
Fake Withdrawals:
Once the victim tried to withdraw their funds, the platform either ignored the request or blocked the account entirely, a common tactic used by fraudulent platforms to keep the victim’s funds.
Cryptocurrency Addresses:
The scam involved the following cryptocurrency addresses, which were used to funnel the victim’s deposits:

• 17PLn4xH7VqmRqm1eSpxhemZxdYB3bs846
• bc1qwamm882ctka7ekcrwvdcc3cx7ckfu96xz7h4u5
• bc1qpk6u42zgx5h7znqr7yrvvr709s3swzvf0k87vv
• bc1qd6dl9gtt4yp4v2awhm0gj5kug5p4gkpljzfy8z
• bc1qewx0dcazp00ev5mk3zuqmj0e236erqgsl04dtx
• 1KSATHDczxEs6L3NNsyeACW5WXeDyjseBq
• bc1qyued8augwa92jcxha53q9ryqg2hx72ca7p4ntj

By tracking these addresses, further investigation may reveal the movement of the funds and potentially connect the scam to other victims.

Cryptocurrency Addresses Involved:
17PLn4xH7VqmRqm1eSpxhemZxdYB3bs846
bc1qwamm882ctka7ekcrwvdcc3cx7ckfu96xz7h4u5
bc1qpk6u42zgx5h7znqr7yrvvr709s3swzvf0k87vv
bc1qd6dl9gtt4yp4v2awhm0gj5kug5p4gkpljzfy8z
bc1qewx0dcazp00ev5mk3zuqmj0e236erqgsl04dtx
1KSATHDczxEs6L3NNsyeACW5WXeDyjseBq
bc1qyued8augwa92jcxha53q9ryqg2hx72ca7p4ntj
These addresses should be tracked through a blockchain explorer to help gather further evidence of the scam’s activities.

Domain Information:
The domain glbbinaryfnx.com was registered on November 19, 2022, and is set to expire on November 19, 2025. The domain’s registrar is NameSilo, LLC, and it is currently under a clientTransferProhibited status, which means the domain is locked to prevent unauthorized transfers.

Domain: glbbinaryfnx.com
Registrar: NameSilo, LLC
Registered On: November 19, 2022
Expires On: November 19, 2025
Updated On: November 21, 2024
Status: clientTransferProhibited
NameServers: ns1.stackdns.com
ns2.stackdns.com
ns3.stackdns.com
ns4.stackdns.com
Scam Overview:
The victim lost $5,786 USD after investing in GLB Binary FNX (via glbbinaryfnx.com), a fraudulent cryptocurrency trading platform. After depositing funds, the victim was unable to withdraw their money, and the scammer blocked access to their account. The scam used various cryptocurrency addresses to funnel the victim’s funds, making it difficult to trace the money once it was moved.

Recommendations:
Report the Scam:
The victim should report the incident to local authorities, the Federal Trade Commission (FTC), and the Internet Crime Complaint Center (IC3). Reporting the scam can help authorities investigate and prevent further fraud.
Track Blockchain Transactions:
Using a blockchain explorer, the victim can track the cryptocurrency addresses involved in the scam. This may provide more evidence and help identify other victims or connections to similar fraudulent operations.
Consult Legal Professionals:
Given the significant loss, the victim may want to consult a legal expert specializing in cryptocurrency fraud to explore recovery options, though it can be difficult to retrieve funds from these types of scams.
Cease Communication with Scammers:
The victim should cease all communication with anyone representing GLB Binary FNX or related entities to avoid further manipulation and potential loss.
Monitor Accounts:
The victim should monitor any financial accounts, including cryptocurrency wallets and bank accounts, for any suspicious activity that could suggest further attempts to access their funds.
Warn Others:
The victim can help protect others by sharing their experience on online platforms and forums such as Trustpilot, Scamwatch, and Reddit, where others can be alerted to the potential risks associated with glbbinaryfnx.com.

Conclusion:
The victim lost $5,786 USD in a scam involving the GLB Binary FNX platform. After depositing funds into their account, the victim was unable to withdraw the money and was eventually blocked from accessing their account. To pursue recovery or prevent further damage, the victim should report the scam, track the cryptocurrency addresses used, and seek legal advice.

Scam Details:
GLB Binary FNX tricked the victim into transferring 0.201 BTC to multiple cryptocurrency addresses, promising returns that never materialized. The fraudulent nature of the platform was confirmed after the funds were lost, and communication ceased.

Domain Information Analysis:

Domain: glbbinaryfnx.com
Registrar: NameSilo, LLC
Name servers:Tucows Domains Inc.
Registration Details: Registered on November 19, 2022.
Set to expire on November 19, 2025.
Last updated on November 21, 2024.
Registrant Contact:Name: Domain Administrator
Organization: PrivacyGuardian.org LLC
Street: 1928 E. Highland Ave. Ste F104 PMB# 255
City: Phoenix
State: AZ
Postal Code: 85016
Country: US
Receiving Cryptocurrency Addresses:

17PLn4xH7VqmRqm1eSpxhemZxdYB3bs846
bc1qwamm882ctka7ekcrwvdcc3cx7ckfu96xz7h4u5
bc1qpk6u42zgx5h7znqr7yrvvr709s3swzvf0k87vv
bc1qd6dl9gtt4yp4v2awhm0gj5kug5p4gkpljzfy8z
bc1qewx0dcazp00ev5mk3zuqmj0e236erqgsl04dtx
1KSATHDczxEs6L3NNsyeACW5WXeDyjseBq
bc1qyued8augwa92jcxha53q9ryqg2hx72ca7p4ntj

Recommended Actions:

Report to Exchanges:
Contact cryptocurrency exchanges that processed the transactions. Share details of the receiving wallet addresses and transaction IDs to help trace the stolen funds.

Notify Law Enforcement:
File a report with local law enforcement or a cybercrime division, providing all relevant information, including the domain details and transaction history.

Seek Legal Assistance:
Consult with a lawyer specializing in cryptocurrency fraud to explore potential recovery options or legal actions against the platform.

Strengthen Wallet Security:
Transfer any remaining cryptocurrency to a secure wallet with enhanced security features to prevent future theft.

Spread Awareness:
Warn others by sharing your experience on social media, forums, and scam alert websites. Public awareness can prevent others from falling victim to GLB Binary FNX or similar scams.

Conclusion:
GLB Binary FNX exploited the victim with false promises of investment returns, leading to a loss of 0.201 BTC ($5,786). Prompt reporting to exchanges, legal action, and public awareness are crucial to mitigate further harm.