Dropstab.com is a fraudulent cryptocurrency trading and investment platform that lures users with promises of unrealistic returns. The platform convinces users to deposit funds under the pretense of earning high profits from crypto trading or investment schemes. Victims later find that they are unable to withdraw their funds, and the platform ceases communication. One user reported a loss of approximately $700 USD through a Bitcoin transaction to a provided wallet address.

Domain Information

• Domain: dropstab.com
• Registrar: Registrar of Domain Names REG.RU LLC
• Registration Date: October 26, 2018
• Expiration Date: October 26, 2025
• Last Updated: September 1, 2023
• Contact Phone: +7.4955801111

How the Scam Works

1. Fake Trading and Investment Promises:
   Dropstab.com promotes itself as a reliable cryptocurrency trading platform offering high returns on investments. The platform uses misleading marketing tactics to attract users.
2. Deposits to Crypto Wallets:
   Victims are instructed to deposit funds in cryptocurrency to specific wallet addresses. Once the deposit is made, the platform claims that the funds are being used for profitable trades or investments.
3. Blocked Withdrawals:
   Users attempting to withdraw their funds encounter barriers such as “account verification” requests or fake maintenance updates. Eventually, the platform stops responding entirely, leaving victims with significant financial losses.

Bitcoin Wallet Address Used in the Scam:

• Wallet Address : 1Acxa6TzXen5gReBzgPioFk5SNrvJcuA7L
• Cryptocurrency: Bitcoin (BTC)
• Amount Lost : $700 USD

Victim Impact

A reported victim lost $700 USD after depositing Bitcoin into the wallet address provided by Dropstab.com. The user was misled into believing their funds would yield significant profits but was unable to withdraw their money after depositing it.

Conclusion

Dropstab.com is a fraudulent cryptocurrency trading and investment platform that exploits users seeking quick and high returns. By promising unrealistic profits, it deceives users into depositing funds that are ultimately lost. Always verify the legitimacy of any trading or investment platform and exercise caution when making cryptocurrency transactions to avoid falling victim to scams like Dropstab.com.