Cryptocurrency Scam Linked to ndax.io

Scam URL: ndax.io

Lost Amount: $14,154.00

Description: This scam involved the loss of funds through fraudulent cryptocurrency transactions to a deceptive receiving address associated with the scheme.
Type of Scam: Fraudulent cryptocurrency transaction scheme
Receiving Address: 0xe721ad4fe576C2540a5e954C6d0b0F11e3eb297A

If you’ve interacted with a website registered through GoDaddy.com, LLC and hosted via Cloudflare, be cautious. This report delves into findings from an OSINT investigation into a suspected fraudulent operation tied to these platforms. The evidence highlights patterns of deception and infrastructure use that point to a sophisticated scheme designed to defraud unsuspecting individuals. If you have any additional information, sharing it can help strengthen this investigation and uncover the full extent of the scam.

The domain in question is registered with GoDaddy.com, LLC, a reputable registrar frequently used for legitimate businesses. However, scammers also exploit its widespread use to create an appearance of credibility. This allows the operators to leverage GoDaddy’s security features while concealing critical ownership details. A subpoena to GoDaddy could provide access to account registration information and associated contact details, offering a potential breakthrough in identifying those behind the scam.

The domain utilizes Cloudflare for both DNS services and content delivery. While Cloudflare is known for improving website performance and providing strong security measures, it also serves as a layer of protection for bad actors seeking to mask their infrastructure. Cloudflare’s logs and records can reveal the true IP addresses behind the site’s operations, as well as network activity and potential connections to other fraudulent domains.

This scam may involve leveraging professional-grade website design and secure communication tools, creating a deceptive front to lure victims. These tactics often include a polished user interface, encrypted connections, and, in some cases, the use of branded email accounts to build trust. It’s likely that the operation’s goal is to steal cryptocurrency or personal information from its targets, employing social engineering techniques and false promises.

If you’ve encountered suspicious activity linked to this domain—whether through transactions, email communications, or interactions with the website—sharing your findings is critical. Evidence such as wallet addresses, communication screenshots, or IP logs can provide valuable clues. By pooling resources and insights, we can expose the operators and help prevent further harm to others.

Your input is vital. Together, we can work to identify and hold accountable those who exploit trust within the crypto community. Let’s collaborate to disrupt these fraudulent schemes and bring transparency to the blockchain space.