URL of Scam: blofinex.com

Type of Scam: Fake Trading Platform
Amount Lost: $38,458

Victim Description:
The victim fell for a scam involving a fake trading platform named Blofinex. They lost $38,458 USD and are seeking assistance in recovering their funds.

Scam Domain Details:

Domain Name: blofinex.com
Registrar: Name.com, Inc.
Registered On: April 6, 2024
Expires On: April 6, 2025
Updated On: April 6, 2024
Status:clientTransferProhibited
Name Servers:arvind.ns.cloudflare.com
virginia.ns.cloudflare.com

Domain Status:
The domain blofinex.com was registered in April 2024 and is protected by a clientTransferProhibited status, which prevents it from being transferred. The short registration period indicates the site may have been recently launched to carry out fraudulent activities.

Open-Source Intelligence Analysis: Key Details of blofinex.com Scam

Scam Overview:
The victim has reported losing $38,458 USD on a fake trading platform named Blofinex. Scammers typically use fake trading platforms to lure victims by promising high returns or lucrative investments, often using persuasive tactics and fake success stories. Once the victim deposits funds, the scammers prevent withdrawals and disappear.

The domain was registered recently in April 2024, and its short lifespan may indicate that it is part of a more recent scam operation. Additionally, the clientTransferProhibited status suggests the scammers are attempting to keep the domain from being transferred or deleted to avoid detection and removal.

Domain Status:
The clientTransferProhibited status ensures that the domain cannot be transferred to another registrar, which is commonly used by scammers to make the site more resilient to takedown efforts. This status indicates that the scam operation is likely trying to extend the website’s operational lifespan.

Recommendations:
Report the Scam: The victim should immediately report the incident to local law enforcement, the IC3 (Internet Crime Complaint Center), and CryptoScamDB for broader awareness.

Track the Cryptocurrency Transactions: The victim can attempt to trace their cryptocurrency transactions using a blockchain explorer to identify the destination wallet(s) involved in the scam.

Seek Legal Assistance: The victim should consult with legal professionals specializing in cryptocurrency fraud to explore recovery options.

Stop Communication with Scammers: The victim should cease all communication with the platform and avoid any further financial dealings with them.

Monitor Bank and Credit Card Accounts: If any traditional financial accounts were used to fund the scam, the victim should contact the respective financial institutions and request fraud alerts or chargebacks.

Conclusion:
The victim lost $38,458 USD in a scam involving the fake trading platform blofinex.com. The domain is relatively new, and its status suggests that the scammers are trying to prevent the website from being shut down. The victim should act swiftly to report the scam, track transactions, and consult legal help for recovery.