I recently became a victim of a crypto mining scam on Qschaincoin.com, which promised astonishing daily returns between 50% to 70% on investments. The platform appeared enticing, offering seemingly legitimate mining services with promises of rapid growth and high profits. Lured by these claims, I invested a substantial amount, ultimately losing $10,637.00. It quickly became apparent that Qschaincoin.com is designed to deceive users with fake mining operations and fabricated returns.

Transaction Details

Below are the details of my transactions sent to Qschaincoin.com’s receiving address, 0xb07d33cbc7756ba326c99223177183dd0a03aff9:

1. 31 May 2024: 0.27093451 ETH
2. 31 May 2024: 0.266509883 ETH
3. 31 May 2024: 0.265190492 ETH
4. 30 May 2024: 0.052578321 ETH
5. 29 May 2024: 0.320480008 ETH
6. 28 May 2024: 0.455813158 ETH
7. 24 May 2024: 0.10856117 ETH
8. 23 May 2024: 0.515514737 ETH
9. 23 May 2024: 0.262024714 ETH
10. 17 May 2024: 0.139250107 ETH
11. 13 May 2024: 0.033822234 ETH
12. 11 May 2024: 0.137304563 ETH
13. 13 May 2024: 0.067658833 ETH

In each of these cases, I was enticed by promises of daily high returns, making the platform seem trustworthy. However, as soon as I attempted to withdraw my funds, I encountered numerous barriers and realized that the site was not a legitimate mining operation.

The Scam Uncovered

Qschaincoin.com’s promise of daily returns as high as 70% should have been an immediate red flag, as legitimate investments rarely, if ever, offer such high returns in such a short period. The platform uses these exaggerated figures to lure investors in, giving the illusion of a profitable mining operation. However, no actual mining activities are taking place, and the funds deposited simply disappear, leaving investors with nothing.

Once deposits are made, users find themselves unable to withdraw funds or see any actual returns. The platform continually blocks access, making excuses about verification requirements and delays that never resolve. Each attempted withdrawal results in additional fees or further requirements, leading to endless barriers without any hope of recovering funds.

Qschaincoin.com Conclusion

Qschaincoin.com is a scam that uses fake promises of high returns on mining investments to defraud users. The total amount lost in this scam amounts to $10,000.00, highlighting the financial damage such schemes can inflict. Always be wary of platforms that promise unrealistically high returns and thoroughly research any investment opportunity before committing funds.

To protect yourself, avoid Qschaincoin.com and other similar platforms, and always verify the legitimacy of any service before making an investment.