Home » Topics » Fraudulent Cryptocurrency Addresses » Trading.tradechart.site – Fake Auto Trading Scam
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  • #7874 Reply
    satish
    Keymaster

      URL of Scam: Trading.tradechart.site

      Cryptocurrency Wallet Address

      Amount Lost: Approximately $1,800

      Description: Trading.tradechart.site is a fraudulent auto-trading platform that falsely advertises unrealistic returns on investment through automated trading (robo trading). Victims are misled into depositing funds with expectations of high profits. One user reported losing $1,800 through this scam. The platform operates without legitimacy, making it impossible for victims to recover their funds.

      Open-Source Intelligence Analysis: Investigative Report on Trading.tradechart.site

      Current Website: Trading.tradechart.site claims to offer automated crypto trading with guaranteed high returns, but it has been identified as a scam. It deceives unsuspecting investors by promoting false profitability claims.

      Domain and Hosting Information

      • Domain: tradechart.site
      • Registrar: Namecheap
      • Registered On: 2024-09-14
      • Expires On: 2025-09-14
      • Updated On: 2024-09-24

      Registrar Information

      Reported Issues

      • Victims are lured by promises of automated trading profits.
      • Funds transferred to the Bitcoin wallet address are unrecoverable.
      • The platform operates without regulatory oversight or legitimacy.

      Key Recommendations for Users

      1. Avoid Engagement: Do not transfer funds or interact with trading.tradechart.site or similar unverified auto-trading platforms.
      2. Report the Scam: File a report with local authorities, cryptocurrency fraud monitoring platforms, and the registrar Namecheap. Include all relevant details, such as wallet addresses and transaction records.
      3. Raise Awareness: Share this information widely to warn others about the risks of engaging with fraudulent auto-trading schemes.

      Conclusion

      Trading.tradechart.site is a fraudulent operation posing as an automated trading platform. Immediate investigation and action are required to trace and shut down this platform. Public education campaigns are essential to help individuals recognize and avoid auto-trading scams that promise unrealistic financial returns.

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