Type of Scam: Investment Scam
URL of Scam: lendcoin.net
Cryptocurrency Address: 19zCbCYbBpGeLJGvjJqNpcnqroFzeG3U2i
Amount Lost: $7,664
Cryptocurrency Sent: 0.19543336 BTC

Open-Source Intelligence Analysis: Investigative Report on Fraudulent Activities at lendcoin.net

Current Website:
The website lendcoin.net has been implicated in a cryptocurrency investment scam, coaxing victims into sending Bitcoin with promises of high returns, which ultimately result in financial losses.

Domain and Hosting Information:

Registrar: GoDaddy.com, LLC
Registered On: 2020-12-05
Expires On: 2025-12-05
Updated On: 2024-04-24
Status: clientDeleteProhibited, clientRenewProhibited, clientTransferProhibited, clientUpdateProhibited
Nameservers:ns1.parklogic.com
ns2.parklogic.com

Technical Analysis and Legal Action Recommendations:

Domain Registrar: GoDaddy.com, LLCAction Recommended: Secure full registration and ownership details to identify the entities behind the scam.
Nameservers: Managed by ParkLogicAction Recommended: Request DNS logs and configurations to trace the domain’s network activities and assess any connections to other fraudulent operations.

Critical Observations:
The restrictive status on the domain’s settings suggests that measures are in place to secure the domain from unauthorized changes, a common practice among legitimate domains but also used by scammers to stabilize their fraudulent platforms. The use of ParkLogic for nameserver management indicates a possibly passive revenue generation strategy through parked domains, which could be masking the scam activities.

Conclusion:
The fraudulent scheme operated through lendcoin.net demonstrates classic characteristics of a cryptocurrency investment scam, exploiting the allure of quick profits from digital currencies. Immediate and thorough legal actions, including subpoenas for detailed domain registration information and DNS activity logs, are vital to dismantle the scam’s infrastructure and potentially aid in recovering the victim’s funds. Additionally, raising public awareness about the risks of cryptocurrency investments and the importance of verifying the credibility of investment platforms is crucial to prevent future scams.