URL of Scam: Chasemarketfx.net

Cryptocurrency Wallet Address:

Bitcoin Wallet Address: 1973WpuodA5tio4huXT2oRZcriYiByojsf

Amount Lost: Approximately $1,600

Description: Chasemarketfx.net is a fraudulent forex trading and investment platform that promises fixed returns of 60% per day to attract victims. Users are lured into transferring funds with false assurances of high returns, only to lose their investments. One user reported a financial loss of $1,600 through this scam. The platform operates without legitimacy or regulatory oversight, leaving victims unable to recover their funds.

Open-Source Intelligence Analysis: Investigative Report on Chasemarketfx.net

Current Website: Chasemarketfx.net falsely promotes itself as a reliable forex trading and investment service. It uses deceptive marketing tactics to exploit unsuspecting users and collect funds under false pretenses.

Domain and Hosting Information:

• Domain: chasemarketfx.net
• Registrar: HOSTINGER operations, UAB
• Registered On: 2024-09-28
• Expires On: 2025-09-28
• Updated On: 2024-09-28
• Status: clientTransferProhibited
• Name Servers:ns1.dns-parking.com
• ns2.dns-parking.com

Registrant Contact:

• Name: Domain Admin
• Organization: Privacy Protect, LLC (PrivacyProtect.org)
• Street: 10 Corporate Drive
• City: Burlington
• State: Massachusetts (MA)
• Postal Code: 01803
• Country: United States (US)
• Phone: +1.8022274003

Reported Issues:

• Victims are misled by promises of fixed, unrealistic returns on forex investments.
• Funds transferred to the Bitcoin wallet address are unrecoverable.
• The platform operates without transparency, legitimacy, or regulatory oversight.

Key Recommendations for Users:

• Avoid Engagement: Refrain from transferring funds or interacting with chasemarketfx.net or similar unverified platforms.
• Report the Scam: File a report with local authorities and cryptocurrency fraud monitoring platforms. Include all relevant details, such as wallet addresses and transaction records.
• Raise Awareness: Share this information widely to warn others about the risks of engaging with fraudulent trading platforms.

Chasemarketfx.net Conclusion:

Chasemarketfx.net is a fraudulent operation posing as a forex trading and investment platform. Immediate investigation and action are required to trace and shut down this platform. Public education campaigns are essential to help individuals recognize and avoid scams promising unrealistic financial returns.