Scam alert regarding Multialpha.online:

I was scammed due to my lack of understanding while searching for a job to support my family. Someone offered me a job paying between $20-25/hour, and I accepted. Unfortunately, they took all the money I had set aside for rent.

• Transaction Hash: 06c0db595c1ea36a76bf10687e7e3852
• Receiving Address: 0xc13f40fbf5c7cd51495a1c5835b439dd3b2727c5

If the same scammer has scammed you, please share your story below.

Domain Analysis

The scam involving Multialpha.online is a classic example of a fraudulent scheme that exploits individuals seeking employment. The domain multialpha.online was registered on June 1, 2024, through HOSTINGER operations, UAB, and is set to expire on June 1, 2025. The registrant’s information is protected by Privacy Protect, LLC, located in Massachusetts, USA, making it difficult to trace the real owners of the domain. The website is hosted by Cloudflare, Inc., with servers in Toronto, Canada.

Multialpha.online presents itself as a legitimate business offering jobs that pay between $20-25 per hour, enticing victims to provide personal and financial information. However, the scammers use the provided information instead of offering employment to steal money. This fraudulent activity has led to significant financial losses, with one victim reporting that the scammers took all the money they had saved for rent. The scam involves cryptocurrency transactions, with the reported receiving address being 0xc13f40fbf5c7cd51495a1c5835b439dd3b2727c5.

The scam website employs standard deceptive practices, including clientTransferProhibited and serverTransferProhibited statuses, to prevent the transfer of the domain and protect their anonymity. Despite being newly registered, the website has managed to trick individuals quickly, highlighting the need for vigilance and awareness when dealing with online job offers and financial transactions.

Multialpha.online Review

Multialpha.online projects a professional appearance and claims to be “strategically led, creatively driven, and mobile-focused.” Users can register with their personal information, cellphone numbers, and passwords. They are encouraged to complete “optimization tasks” to earn money, with different VIP levels offering various rewards.

Upon logging in, users are prompted to perform optimization tasks that allegedly involve enhancing digital products, promising lucrative commissions. The platform outlines specific procedures for task completion and fund withdrawal. However, the withdrawal process is convoluted, requiring users to complete numerous tasks and adhere to strict timelines, with penalties for delays.

The contact page lists various Telegram handles for communication, specifically @multialpha002 and @multialpha001, and provides a general structure for user interactions.

Red Flags

Several red flags indicate that Multialpha.online is likely a scam.

Firstly, the website requires users to make deposits and prepayments under the guise of task completion, but withdrawal conditions are restrictive and often result in frozen accounts.

The use of privacy protection services for domain registration, the lack of verifiable company information, and the exclusive reliance on Telegram for communication further undermine its legitimacy.

Additionally, the promises of high returns for simple tasks, penalties, and a complex VIP system are characteristic of fraudulent schemes designed to trap users into continuous financial input without real output.

Potential users should be wary of providing personal information or making any financial commitments to Multialpha.online, as the site’s structure and operations strongly suggest a well-orchestrated scam.

If you have been scammed by Multialpha.online, share your experience to help expose and dismantle this fraudulent operation.