Sage-stone.com presents itself as a promising investment platform, yet behind its polished facade lies a fraudulent scheme designed to exploit unsuspecting investors. The platform’s outward professionalism masks a lack of genuine customer service and regulatory compliance, signaling a typical investment scam.

Victim Story: Lured by Promises and Trapped by Threats

Victim Story: Lured by Promises and Trapped by Threats

Victim has reported significant financial losses after being enticed by promises of high returns. One victim shared that they were motivated to learn cryptocurrency trading and were subsequently threatened with a ransom demand of $70,000. The victim was given five days to pay the ransom or face being locked out of their account. This threat was issued just one day prior, and their last recorded transaction occurred at the end of August. Despite seeing their funds on the platform, withdrawal attempts remained futile, and repeated outreach to customer support yielded no response.

Transaction Analysis: Identifying the Scam Pattern

The scam involved repeated transfers to a single wallet ID. On April 30, 2024, 0.09834973 ETH was sent to 0x6Ca35BB5e88b2d1FF8fF818b530f62ee3A646dC8. This address received subsequent transactions of 0.128848 ETH on May 16, 2024, and smaller amounts of 0.035609 ETH on August 15, 2024, 0.035706 ETH on August 21, 2024, and 0.035775 ETH on August 29, 2024.

Significant USDC transfers were also traced to the same wallet ID. Notable transactions included 298.35298 USDC on June 5, 2024, followed by a larger amount of 1,997.44 USDC on June 11, 2024.

Domain Insights and Registration Details

The domain registration for Sage-stone.com reveals details consistent with fraudulent sites:

Domain: sage-stone.com
Registrar: Alibaba Cloud Computing Ltd. d/b/a HiChina (www.net.cn)
Registration Date: 2024-01-18
Expiration Date: 2025-01-18
Last Updated: 2024-01-18
Name Servers: dns1.hichina.com, dns2.hichina.com
The recent domain setup suggests that Sage-stone.com was likely created for a brief operation aimed at rapid fund collection before disappearing.

Warning Signs of Fraud

Promises of High Returns: Scams often promise unrealistic gains with minimal risk.
Inaccessible Support: Users report unsuccessful attempts to reach customer service.
Recent Domain Registration: A short operational window is common in fraudulent schemes.
Consistent Wallet Activity: Repeated use of a single wallet for multiple transactions indicates fund consolidation for fraudulent purposes.
Final Thoughts

Sage-stone.com displays unmistakable characteristics of a scam investment platform, including misleading promises, restricted fund access, and a recently established, dubious domain. Potential investors should avoid engaging with this site and report any incidents to the appropriate authorities to prevent further losses.