Scam Details: The victim was deceived into investing through FXCM on the platform fxcm.h1001.com, which promised high returns from trading activities. The scam involved a total of 395,493.5963 USDT, leading to a loss of $395,793. After transferring the funds to the provided cryptocurrency address, the victim was unable to recover any of the invested amount, signaling the fraudulent nature of the platform.

Domain Information Analysis:

• Domain: h1001.com (used by fxcm.h1001.com)
• Registrar: Gname.com Pte. Ltd.
• Nameservers: cloudflare.com
• Registration Details: Registered on March 14, 2004; set to expire on March 14, 2025.
• Status: Active

<li style=”text-align: left;”>Registrant Contact: Florida, US

The use of Cloudflare suggests an attempt to mask the real location of the platform or its operators, which is commonly used by fraudulent sites to obscure their identity. The domain’s long history indicates it may have been used for various purposes, possibly with the intent of masking recent fraudulent activity.

Receiving Cryptocurrency Address:

• USDT: 0x16d244Eeb4Fd1411169ee9aE1F331ce79457F706

Recommended Actions:

• Report to Cryptocurrency Exchanges: Notify the cryptocurrency exchanges about the fraudulent transaction. Provide the USDT address to track and potentially freeze any funds related to the scam.
• Contact Law Enforcement: Report the scam to law enforcement or a cybercrime unit. Provide detailed information, including the cryptocurrency addresses, transaction IDs, and any communications with the scam platform.
• Consult Legal Experts: Seek advice from a lawyer specializing in cryptocurrency fraud. Legal experts can assist in recovering funds or exploring potential legal action against the scammers.
• Secure Remaining Digital Assets: Move any remaining digital assets to a secure, trusted wallet if there is any concern about their safety.
• Fraud Alerts and Monitoring: Set up alerts using blockchain monitoring services to track any future activity involving the provided cryptocurrency address.
• Public Awareness: Share your experience on social media, cryptocurrency forums, and scam reporting platforms to warn others. Raising awareness helps prevent others from falling victim to the same scam.
• Conclusion: Engagement with FXCM through fxcm.h1001.com resulted in a financial loss of $395,793 due to a trading scam. Immediate actions like reporting to exchanges, law enforcement, and consulting with legal professionals are necessary to limit further damage. Public awareness is essential to prevent other potential victims from falling prey to similar scams.