Recently, a distressing complaint was brought to our attention involving a fraudulent transaction on AsicKings.com.

The victim, a father of four who relies on a fixed income due to disability, was attempting to generate additional income through the purchase of a cryptocurrency miner, specifically an Ice River KS2. The transaction occurred on March 8, 2024, involving a significant sum of $3,490 USDC sent via the Ethereum network. The transaction hash for this purchase is 0xb59de78d05308dd72a988dc9c6bf26a10955a076b01db77200d0d6472cbc1c4d.

After the payment, the victim received a tracking number, which quickly proved fake. Subsequent attempts to contact AsicKings.com for support or to resolve the issue have been fruitless, with no responses.

The provided transaction hash 0xb59de78d05308dd72a988dc9c6bf26a10955a076b01db77200d0d6472cbc1c4d indicates a transfer made on March 8, 2024. The receiving address for this transaction is 0x881d4032abe4188e2237efcd27ab435e81fc6bb1.

The experience is not isolated. Another individual reported that a miner was purchased from the same website but never delivered. Despite tracking the Bitcoin address associated with the transaction, the victim could not take further action to recover the funds or hold the scammers accountable.

Receiving Address: 0x881d4032abe4188e2237efcd27ab435e81fc6bb1

The receiving address 0x881d4032abe4188e2237efcd27ab435e81fc6bb1 is critical to understanding the fraudulent activities associated with AsicKings.com. This address has been implicated in a series of scam transactions, including the specific case of a victim who, on March 8, 2024, transferred $3,490 USDC via the Ethereum network with the transaction hash 0xb59de78d05308d72a988dc9c6bf26a10955a076b01db77200d0d6472cbc1c4d.

Analysis of the address reveals a suspicious pattern of behavior. Despite having an extensive transaction history, with over 1.7 million transactions recorded, the address holds a balance of 0.00 ETH and 0.00 USDC, suggesting that any received funds are quickly moved elsewhere, likely to obscure their origins. This behavior is characteristic of addresses used in scams and fraudulent schemes, where funds are swiftly transferred to prevent tracing and recovery.

The address has been involved in numerous transactions with high fees but zero value transfers, indicating attempts to either mix the funds or engage in activities designed to mislead blockchain analysis tools. The lack of any legitimate outgoing transactions related to business operations reinforces the suspicion that this address is part of a scam network.

Domain Analysis

The domain asickings.com, registered on May 26, 2020, is affiliated with Web Commerce Communications Limited (WebNic.cc) and will expire on May 26, 2025. This relatively recent registration date and the extended expiration date might suggest a legitimate business presence. However, several aspects of this domain raise significant red flags.

Firstly, the domain’s registration details are obscured through a privacy service provided by Whoisprotection.cc, which is based in Kuala Lumpur, Malaysia. While the use of such services is common for maintaining privacy, it can also indicate attempts to conceal the true identity of those behind the domain, particularly in the context of fraudulent activities. The contact details provided are generic and do not offer any direct information about the website’s actual operators.

Traffic analysis reveals a notable decrease in visitor engagement, with a 27.4% drop in traffic compared to the previous month. This could suggest declining user trust or the effectiveness of ongoing scams. Most traffic appears to come from countries like Paraguay, Turkey, Russia, India, and Qatar, with no significant engagement from typically larger markets. The global reach but low engagement hints at an operation targeting vulnerable users in varied regions.

SEO and ranking metrics indicate a poor online presence. With an authority score of just 14 and minimal organic search traffic, the domain does not demonstrate a robust or reputable digital footprint. The backlinks, while numerous, include many nofollow links, and their origins do not strongly indicate a legitimate business.

AsicKings.com Review

AsicKings.com presents itself as a premier supplier of cryptocurrency mining equipment, with a professional-looking website and an extensive catalog of products. The company claims to be based in Iceland, with contact details including an address at Mörkin 6, 104 Reykjavík, Iceland, an email address (contact@asickings.com), and a phone number (+354 800 4261). These details are prominently displayed across their website to instill a sense of legitimacy and accessibility.

However, several serious red flags indicate this could be a well-crafted scam. Firstly, using a privacy protection service (Whoisprotection.cc) for domain registration details conceals the true identity of the domain owners. While not inherently fraudulent, this practice is often associated with websites engaging in deceptive practices.

The website also features testimonials from purported customers praising their products and services. These testimonials, however, lack credibility as they are generic and could easily be fabricated. The absence of verifiable reviews on reputable third-party platforms is another concerning factor.

AsicKings.com Reviews

Reviews from various platforms paint a troubling picture of AsicKings.com, reinforcing that it operates as a scam. Numerous users on Trustpilot, Reddit, and BitcoinTalk have shared their experiences, highlighting consistent patterns of fraudulent behavior.

On Trustpilot, the overall sentiment is overwhelmingly negative. One user from New Zealand emphatically states, “All these positive reviews are fake. AsicKings are dog rooting scammers. DO NOT USE ASICKINGS.COM YOU HAVE BEEN WARNED.” Another user, Phoebe Playz, echoes this sentiment, describing the site as “100% scam” and accusing it of running under different names while posting fake reviews. They highlight a disturbing pattern where the company takes payments, typically in Bitcoin, and then disappears without fulfilling orders. Another review on Trustpilot reads, “Obvious scam to someone in the industry,” pointing out that the company’s advertised machine pricing is suspiciously below market rates, suggesting deceitful practices.

Reddit users also share similar experiences. A post on the ASICMinersTalk subreddit warns, “AsicKings.com is a complete SCAM. They take your BTC and give you fake tracking numbers.” This sentiment is corroborated by several users who note that attempts to contact the company result in their accounts being deleted. One user lamented, “Being out the money sucks. Getting scammed and feeling foolish is the worst part,” indicating the emotional toll of such fraud.

On BitcoinTalk, an in-depth discussion reveals that AsicKings.com shares similarities with other known scam sites, such as Evominers and Minersdepo.com. One user asserts, “Nice catch, they are definitely the same scammers,” and points out that domain details for these sites show they were registered on the same dates, reinforcing suspicions of a coordinated scam operation.

The Bottom Line Regarding AsicKings.com

Based on a thorough investigation and analysis of AsicKings.com, it is evident that the site operates as a scam. Multiple user reviews across trusted platforms such as Trustpilot, Reddit, and BitcoinTalk consistently describe experiences where the company took payments, primarily in Bitcoin, and failed to deliver the promised products. The use of fake tracking numbers, the deletion of user accounts when complaints are made, and the suspiciously low pricing of mining equipment all point toward fraudulent activities.

Additionally, the domain registration details, obscured by a privacy protection service, and the significant drop in website traffic corroborate the scam allegations. The recurring patterns of deceit shared by numerous victims reinforce the conclusion that AsicKings.com is not a legitimate business.

In light of these findings, it is strongly advised to avoid any transactions with AsicKings.com to prevent financial loss and emotional distress. The evidence overwhelmingly supports the conclusion that AsicKings.com is a well-crafted scam that preys on individuals seeking to invest in cryptocurrency mining equipment.