ScamCrypto Forum Forums Crypto Fraud Case Studies Minerfx.com: Instagram Bitcoin Scam Exposed

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      We have received a report of a scam involving minerfx.com. The scammer approached the victim on Instagram, convincing them to invest in Bitcoin. After the initial investment, the victim was asked to pay additional money to cover taxes, with the promise of unlocking their investment. Unfortunately, the website has become unresponsive, and the victim has lost their funds.

      If you have been scammed by minerfx.com or have any information, please share your story.

      Domain Analysis

      The domain minerfx.com is registered with eNom, LLC, and has been active since August 2, 2016, with its registration set to expire on August 2, 2026. The domain’s status is listed as “ok,” it uses the names servers ns1.minerfx.com and ns2.minerfx.com. Whois Privacy Protection Service, Inc., based in Kirkland, WA, protects the registration details, ensuring the registrant’s information remains private. The privacy service shields the registrant’s name, address, and contact details, all linked to the privacy protection service’s PO Box in Kirkland.

      The minerfx.com website is implicated in a scam where individuals are approached on social media platforms like Instagram and lured into investing in Bitcoin. Once the initial investment is made, victims are asked to pay additional fees, such as taxes, to access their funds. However, the site becomes unresponsive, leaving victims without their money. The scam has resulted in significant financial losses. The site’s lack of organic search traffic and limited backlink presence indicates its dubious nature, as it doesn’t rank well or attract genuine engagement online.

      Minerfx Review Conclusion

      The evidence strongly indicates that Minerfx.com operates as a scam. The patterns of deceitful behavior, including the demand for additional funds under the guise of tax payments and the sudden disappearance of the platform, are clear red flags. The use of privacy protection services to obscure registrant details further raises suspicion. Victims’ reports align in describing the fraudulent tactics employed by Minerfx.com, solidifying its reputation as a fraudulent operation. It is crucial for individuals to exercise caution and thoroughly research any investment platform before committing funds.

      For those who have fallen victim to this scam or possess relevant information, sharing experiences can help build a case against these fraudulent activities and support other victims.

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