1. Scam Type: Fake cryptocurrency investment
2. Calculated Amount Lost: $132,095.00
3. Cryptocurrency Involved: Ethereum (ETH)
4. Total Amount Sent: 40.91939 ETH
5. Wallet Address: 0xa5e7d31122be18baea20cc8a5c6e0b0f5fbd3f67

Poloniexypsr.com has emerged as a fraudulent website that misleads individuals by offering fake cryptocurrency investment opportunities. The scammers promise high returns through purported crypto investment plans, with the lure of quick profits from Ethereum (ETH) deposits. Unfortunately, once victims send funds to the specified wallets, they receive no returns, and the scammers cut off all contact.

How the Scam Works:

Poloniexypsr.com presents itself as a legitimate platform for trading and investing in Ethereum, often boasting of unrealistically high returns on investments. Victims are persuaded to transfer funds to a specific wallet address, where they believe their investments will grow. However, the website is nothing more than a front for stealing funds. Once payments are received, the scammers vanish, and there is no evidence of any actual trading or investment activity. Furthermore, attempts to reach the platform’s support team go unanswered, confirming its fraudulent nature.

The reported losses from victims total $132,095.00, all sent in Ethereum (ETH). The funds were transferred in multiple transactions to the wallet address 0xa5e7d31122be18baea20cc8a5c6e0b0f5fbd3f67, which remains under the control of the scammers. The scammers appear to have targeted both inexperienced and experienced investors, promising large returns to gain trust before making off with the victims’ money.

Poloniexypsr.com Conclusion:

The Poloniexypsr.com scam highlights the dangers of investing in unknown or unverified platforms, especially in the world of cryptocurrencies, where scams are rife. Investors are advised to exercise extreme caution, conduct thorough research, and avoid sending money to platforms or wallet addresses they cannot fully verify.