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Topic
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URL of Scam: Paybaz.com
Cryptocurrency Wallet Address:
- Bitcoin Wallet Address: bc1qktq3354y6jq5359qsc4m9x2vvfjhnny9x6cwv9
Amount Lost: Approximately $700
Description: Paybaz.com is a fraudulent platform posing as a crypto cloud mining and nvestment service. It lures users with promises of profitable mining and high investmentreturns. Victims are tricked into transferring cryptocurrency, believing they are engaging in legitimate activities. One user reported losing $700 to this scam. The platform operates without transparency or legitimacy, leaving victims unable to recover their funds.
Open-Source Intelligence Analysis: Investigative Report on Paybaz.com
Current Website: Paybaz.com falsely advertises itself as a legitimate crypto cloud mining and trading platform but has been identified as a scam. It exploits unsuspecting users seeking investment opportunities.
Domain and Hosting Information
- Domain: paybaz.com
- Registrar: NameCheap, Inc.
- Registered On: 2023-12-15Expires On: 2025-12-15
- Updated On: 2024-12-15
Registrar Information
- IANA ID: 1068
- Abuse Phone: +1.6613102107
Reported Issues
- Victims are misled by promisesof profitable crypto cloud mining and trading.
- Funds transferred to the Bitcoin wallet address are unrecoverable.
- The platform operates without regulatory oversight or legitimacy.
Key Recommendations for Users
- Avoid Engagement: Refrain from transferring funds or interacting with paybaz.com or similar unverified platforms.
- Report the Scam: File a report with local authorities, cryptocurrency fraud monitoring platforms, and NameCheap. Include all relevant details, such as wallet addresses and transaction records.
- Raise Awareness: Share this information widely to warn others about the risks of engaging with fraudulent mining and investment platforms.
Paybaz.com Conclusion
Paybaz.com is a fraudulent operation posing as a crypto cloud mining and investment platform. Immediate investigation and action are required to trace and shut down this platform. Public education campaigns are essential to help individuals recognize and avoid scams promising unrealistic financial returns.