We were recently contacted by a victim who lost $5,325 after interacting with a fraudulent entity, Merc, through the scam website binancetransfer.exchange.

The scam began when the victim experienced network lagging while attempting to use Binance’s chat service. This led them to move the conversation to WhatsApp, where they were directed to send funds to an escrow wallet.

Unfortunately, the funds, amounting to $5,325, were sent to the receiving address TCQhbgMoaFboxJGG9mvLT874kH8qwJeu83 and were never credited back to the victim’s account.

Receiving Address: TCQhbgMoaFboxJGG9mvLT874kH8qwJeu83

The receiving address associated with this scam, TCQhbgMoaFboxJGG9mvLT874kH8qwJeu83, has minimal activity and an insignificant balance of just under $1. Despite the small number of transactions related to this address, the account has been involved in multiple transfers, including one significant transfer of over 5,324 USDT from the victim.

The creation date of this address, just a day before the fraudulent activity, suggests that it was specifically set up to facilitate the scam. This timing and the rapid depletion of funds from the account are strong indicators of fraudulent behavior. The lack of significant staking or voting activities further reinforces that this account was likely created for a short-term, malicious purpose rather than legitimate, long-term use.

Domain Analysis

Binancetransfer.exchange is relatively new, registered on March 7, 2024, and updated just a few weeks later on March 23, 2024. It is registered through Name.com, Inc. and is set to expire in March 2025, suggesting that this domain was likely created for short-term use, often a red flag in scam operations. The registrant information is tied to Teemer Slater in Mitchellville, Maryland. However, the provided contact details are non-public, accessed only through a form on Name.com, which may indicate an attempt to obscure the true identity behind the registration.

The domain is hosted by Cloudflare, Inc., with its servers in Toronto, Canada. This hosting choice, along with the protection offered by Cloudflare, could be another tactic to shield the site’s true origin and activities, making it more challenging to trace.

Regarding online presence, the domain shows almost no activity or credibility. It holds an Authority Score of 2, has zero organic search traffic, and possesses two backlinks from two referring domains, neither reputable. These minimal metrics further suggest that this site was not established for legitimate business purposes but as a vehicle for fraudulent activities. The lack of significant search rankings, organic keywords, or competitive positioning maps aligns with the behavior of a scam site designed to disappear quickly after defrauding its victims. These factors combined paint a clear picture of a domain created solely for malicious intent.

The Bottom Line Regarding Binancetransfer.exchange

After thoroughly analyzing the details surrounding binancetransfer.exchange, it is clear that this website was created with fraudulent intent. The domain’s brief existence, minimal online presence, and rapid disappearance, coupled with the significant financial loss reported by the victim, all point to a well-orchestrated scam. The receiving address associated with the site was used for a single, substantial transaction before being abandoned, further indicating malicious activity. The complete lack of mentions or reputable backlinks online confirms that this site was never intended for legitimate use. Given these factors, we can confidently conclude that binancetransfer.exchange is a scam.