Setsailexchange.com has been identified as a fraudulent trading platform claiming to offer Forex, US stock, and cryptocurrency trading services. The platform falsely promised unrealistic fixed returns on investments, leading to financial losses. A user reported a loss of approximately $2,900 through this deceptive scheme.

OSINT Review

• Domain Information
• Domain: setsailexchange.com
• Registered On: November 29, 2024
• Expires On: November 29, 2025
• Last Updated: November 29, 2024
• Status: active
• Name Servers: ns7.alidns.com, ns8.alidns.com

Registrar Details

• Registrar: Dominet (HK) Limited (IANA ID: 3775)
• Abuse Contact: +86.95187
• Registrant Organization: Alibaba.com Singapore E-commerce Private Ltd. (Hangzhou, China)

Victim’s Report and Transaction Details

A user reported losing approximately $2,900 through an Ethereum transaction to the following address:

• ETH Address: 0x142938A0BDC150dAEE23771e2eE16b4e0882Ab4a

Key Indicators of Fraud

• Fixed Return Claims: Guarantees of high, fixed profits are a major red flag.
• Anonymous Registration: Hosted via Alibaba services with concealed ownership details
• Unverified Trading Activities: No regulatory oversight or proof of legitimate operations.

OSINT Findings

OSINT analysis confirms that Setsailexchange.com is a fraudulent trading platform, leveraging false investment promises to steal funds from investors.

Recommendations for InvestorsAvoid

• Fixed Return Schemes: Be cautious of platforms that guarantee profits.
• Research Trading Platforms: Verify regulatory approvals before investing.
• Report Fraudulent Platforms: Notify relevant authorities to prevent further scams.

Conclusion

Setsailexchange.com has been confirmed as a fraudulent Forex, US stock, and cryptocurrency trading platform, exploiting investors with false return guarantees and resulting in financial losses. Investors must stay cautious, verify platforms, and report scams to protect themselves and others.