URL of Scam: [techtradeasset.com]
Cryptocurrency Wallet Addresses:

• Ethereum (USDT contract address): 0xdac17f958d2ee523a2206206994597c13d831ec7
• XRP: rPi18tPnfe8gTrVaSUEZ8W2wuAt71PyD1V
  Amount Lost: Approximately $600

Description

The website techtradeasset.com has been identified as a fraudulent forex and cryptocurrency trading platform, falsely promising investors unrealistic profits. A user reported losing $600, after being lured by claims of guaranteed high returns and effortless income through the platform’s trading services.

Techtradeasset.com presents itself as a professional investment platform, boasting about advanced trading algorithms, expert analysis, and daily profits from forex and crypto markets. Victims are enticed to deposit funds into provided wallets, with promises of fast-growing returns and seamless withdrawals.

After funds are deposited, victims see manipulated dashboards that falsely display increasing profits. However, when users attempt to withdraw their earnings, they encounter familiar scam tactics: fake errors, withdrawal delays, or demands for additional payments such as processing fees or account verification charges. Despite fulfilling these extra demands, no funds are ever released, and the platform becomes unresponsive.

This operation follows a common pattern of advance-fee fraud paired with fake trading platforms, designed to extract as much money as possible from victims before disappearing entirely.

Open-Source Intelligence Analysis

Domain and Hosting Information

• Domain: techtradeasset.com
• Registered On: January 17, 2025
• Expires On: January 17, 2026
• Updated On: January 17, 2025
• Status: client transfer prohibited
• Name Servers:
  • ns1.dns-parking.com
  • ns2.dns-parking.com

Registrar Information

• Registrar: Global Domain Group LLC
• IANA ID: 3956
• Abuse Phone: +1 (805) 394-3992

Registrant Contact

• Organization: Global Domain Group Privacy Service
• Street: 411 W. Esplanade Drive #1001
• City: Oxnard
• State: California
• Postal Code: 93036
• Country: US
• Phone: +1.8055000484

Red Flags Identified

• Guaranteed high returns from forex and crypto investments
• Fake trading dashboards showing fabricated earnings
• Additional payment demands for withdrawals
• Concealed operator identity using privacy services
• No legitimate regulatory licenses or business registration

Conclusion

techtradeasset.com is a fraudulent trading and investment platform designed to deceive users with promises of guaranteed profits. The platform’s use of fake dashboards and repeated demands for additional payments expose its true nature as a scam. Investors are strongly advised to stay away from such unverified platforms, thoroughly research any investment opportunity, and report fraudulent activities to prevent others from becoming victims.