Reported As Possible Scam
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Search Results
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Type of Scam: Investment Scam
URL of Scam: edgemarketpro.com
Victim Description: The victim encountered issues with disappearing funds and demands for tax payments into an escrow account to release supposed capital gains from an Initial Exchange Offering (IEO). The legitimacy of the exchange is questionable, raising concerns about whether it is a scam.Receiving Addresses:
bc1qvqfrq66up5hf9kfej0tqyp8a4y43xp6v0fcspp 
- bc1qc9kh2eqthjm8swd6md9py7kgl0u0ewptumuhf9
- bc1quvmvsynd95d47xhvs9je3tqlte5e6y0xx7prj5
- bc1qe9lmql7trmyprm8mw0g0dh2wx9y9yyuj87yxfk
- bc1q2w6s9hpq8psst5e4x2s2mt0qn8wxchxfk0jgxj
0xd803461fc3a38aeb1275e45db9dcda9544e13139 
D6hCfNJ2VgcuDxgyVKmiWoXXChnJDjf63x - DSPsAYi15gzmT7jjY98ViBA5vyuhFj17x
Amount Loss: $107,580.00
Open-Source Intelligence Analysis: Preliminary Findings on Fraudulent Activities Associated with edgemarketpro.com
Current Website:
The website edgemarketpro.com presents itself as a platform for cryptocurrency trading and investments, including IEOs. The requirement for tax payments into an escrow account before funds can be released is highly suspicious and indicative of a potential scam.Domain and Hosting Information:
Registrar: NameCheap, Inc.
Registered On: 2023-06-19
Expires On: 2025-06-19
Updated On: 2024-06-12
Status: clientTransferProhibited
Nameservers: dns1.namecheaphosting.com, dns2.namecheaphosting.comTechnical Analysis and Subpoena Recommendations:
Domain Registrar: NameCheap, Inc. Recommendation for Subpoena: Obtain detailed registration and ownership data to track down the entities behind the website.
Nameservers: Managed by NameCheap hosting Recommendation for Subpoena: Access DNS records and server logs to investigate the site’s operational setup and any connected activities.Key Observations:
The use of a well-known registrar and hosting service provides the site with an appearance of legitimacy, potentially misleading users about the security and validity of the platform. The repeated use of specific Bitcoin addresses for multiple transactions is a common tactic in scams to consolidate funds and simplify their transfer out of the reach of victims.Conclusion:
edgemarketpro.com/ operates under the guise of a legitimate investment platform but exhibits classic signs of a financial scam, particularly in its demands for upfront tax payments into an escrow. These tactics are designed to extort additional funds from victims under the pretext of regulatory compliance. Immediate legal interventions are necessary to investigate and potentially halt ongoing fraudulent activities.We want to alert you to a serious case involving the trading platform Edgemarketpro.com. While the site presents itself as a legitimate and professional trading service, it has shown clear signs of being fraudulent. A recent complaint detailed how an individual initially deposited money and saw apparent profits, giving a false sense of security and trust in the platform. However, as soon as larger sums were invested, the story took a turn. The platform demanded an additional payment labeled as a “tax” to release the promised earnings. This deceptive tactic ultimately led to a significant loss of $45,000.
The complaint also provided key cryptocurrency addresses involved in these transactions, including bc1qvqfrq66up5hf9kfej0tqyp8a4y43xp6v0fcspp,
bc1qc9kh2eqthjm8swd6md9py7kgl0u0ewptumuhf9 , bc1quvmvsynd95d47xhvs9je3tqlte5e6y0xx7prj5, bc1qe9lmql7trmyprm8mw0g0dh2wx9y9yyuj87yxfk, and bc1q2w6s9hpq8psst5e4x2s2mt0qn8wxchxfk0jgxj. These addresses are associated with suspicious activities and have been used to funnel money out of unsuspecting investors.We urge you to be extremely cautious when dealing with platforms like Edgemarketpro.com or any that use similar tactics. Always verify the authenticity of any platform before investing, and be highly skeptical of requests for additional payments, especially under the pretext of releasing already-earned funds. These tactics are characteristic of scam operations designed to trap investors into paying more without any intention of releasing the funds.
In conclusion, the evidence points strongly to Edgemarketpro.com being a fraudulent platform that exploits trust to steal money. If you have experienced similar issues or have encountered such schemes, it is vital to report your case to authorities and seek professional help to try and recover your funds. We stand by your side to raise awareness and help prevent others from falling into the same trap.