• URL of Scam: lolex.net
• Cryptocurrency Wallet Address:
• TRON (TRX) Address: TR5VoU9Rt96Q1tbGU1ZsvX17kSYHW4VAER
• Amount Lost: Approximately $700

Description:

Lolex.net is a fraudulent cryptocurrency mining and investment platform that falsely claims to offer a 60% return on investment. Victims are lured in with promises of guaranteed high profits, only to realize that withdrawals are either delayed indefinitely or outright denied. Reports indicate that investors who deposited funds were unable to recover their money, leading to losses of approximately $700. The platform operates under deceptive pretenses, using false marketing tactics to gain users’ trust before disappearing with their funds.

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

Current Website:

Lolex.net presents itself as a legitimate crypto mining and investment service, but there is no verifiable proof of mining operations or actual returns. Users report that deposits are accepted but withdrawals are either blocked or require additional payments to “unlock” funds, a classic scam tactic.

Domain and Hosting Information

• Domain: lolex.net
• Registered On: 2024-12-09
• Expires On: 2026-12-09
• Updated On: 2024-12-19
• Status:client delete prohibited
• client transfer prohibited
• Name Servers:jihoon.ns.cloudflare.com
• nelci.ns.cloudflare.com

Registrar Information

• Registrar: NICENIC INTERNATIONAL GROUP CO., LIMITED
• IANA ID: 3765
• Abuse Phone: +852.68584411
• Registrant Contact
• State: County Tyrone
• Country: TF
• Email: Registrant WHOIS Form

Reported Issues

• False claims of 60% return on investment to lure investors.
• Users unable to withdraw their funds after depositing.
• Additional fees demanded to “unlock” withdrawals.
• Lack of transparency about company ownership or mining operations.
• Uses deceptive marketing tactics to gain investor trust.

Conclusion

Lolex.net is a fraudulent crypto investment and mining platform that deceives users with promises of high returns but ultimately blocks withdrawals. Users have already reported losses, and the platform exhibits clear signs of a scam. Investors should exercise extreme caution and avoid engaging with similar schemes that guarantee unrealistic profits.