A cryptocurrency scam has surfaced on xneobit.com, luring users with promises of easy profits through initial investments in BTC. Victims are led through a series of supposedly necessary steps to access their funds, only to find themselves unable to withdraw any cryptocurrency without fulfilling increasingly dubious requirements.

Scam Process:

1. Website: Users are invited to visit xneobit.com to create an account.
2. Promo Code: Upon entering a promo code, users are credited with an initial investment in BTC to start trading.
3. Withdrawal Block: Attempts to transfer the cryptocurrency to a third-party wallet are blocked due to an “unverified” account status.
4. Verification Hoops: Victims are instructed to enable 2FA (Two-Factor Authentication) through Google, pass KYC (Know Your Customer) procedures, and ultimately, are told they must deposit 0.005BTC to verify their account.
5. Broken Links: Some users attempting to stake their cryptocurrency encounter broken links, indicating fraudulent or incomplete website functionalities.

The domain for xneobit.com was registered only 2 months ago, with all other information about the site being hidden or masked.

Location of Targeted Individual: CA, USA – 90807

Date Reported: December 5, 2023

You’re encouraged to share your story if you’ve encountered xneobit.com or been a scam victim. Doing so can help warn others and assist in any efforts to track down the perpetrators behind this scheme. Your detailed experiences are crucial for open-source intelligence (OSINT) investigations and could prevent further victimization.