Categories: EducationScams

Bitcoin Scam Site Warning – JoltCorp

Albeit it has become rather easy to distinguish between Bitcoin scam sites, we will continue to uncover the pitfalls unknowing cryptocurrency enthusiasts may fall for. Joltcorp may appear to be a professional cloud mining company, but it does not take much to see they will run off with investor funds at some stage.

Joltcorp is Another Cloud Mining Company

Similar to most other Bitcoin cloud mining companies, Joltcorp wants to profile itself as a professional business. Their website design is a lot more professional compared to most other sites in this industry, but do not be fooled by this ruse. Even their team picture does not look overly convincing at this stage, although credit for putting some faces to the company. However, when looking at the overall “Jolt Team” picture, there are no similar faces compared to the other image. Rather odd, is it not?

It has to be said; Joltcorp is one of the very few companies actively listing their pricing plans on the website without having to register an account. Some people may see this as a sign of credibility, but do not be fooled. All of the price packages are listed in KH/s mining power, which means the company will not do any Bitcoin mining itself. Oddly enough, their packages list it as Bitcoin mining.

There are also some reviews on the website, which is not an uncommon tactic by scam platforms. All of these reviews look incredibly fake, with pictures just taken off the internet and self-written reviews. The Bitcointalk reviews and discussion thread has not taken kindly to this company so far, which is a reliable indicator this platform needs to be avoided.



Related Post

Interestingly enough, there is an address on file for the Joltcorp company. There is no street number, though which is raising even more red flags. It is also very doubtful this company is located on Regency Street in Westminster. A nice try, but no cigar for trying to fool potential investors by any means.

Which brings us to checking out the WHOIS records for JoltCorp. Surprisingly enough, there is a name on file for the company, as Maxine Caulfield is the one who owns the domain name. It is also registered on the JoltCorp Ltd. company name. For those who never played the Life is Strange game, Maxine Caulfield is the lead character in that game. One again, a nice try, but another fake piece of information.

Image credit 1

If you liked this article follow us on Twitter @themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin and altcoin price analysis and the latest cryptocurrency news.

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

Bitwise Launches Its First Tokenized Fund With $259M in Assets and 4% Annual Yield

Bitwise Asset Management has just made its first move into tokenized funds, and it comes…

12 hours ago

Binance Launches US Stocks and ETFs Trading for Non-US Users With Zero Commission

Binance just made a move that blurs the line between crypto exchange and traditional brokerage…

13 hours ago

NEAR Protocol Ships Confidential Payments, Crosses $19B in Intents Volume, and Partners With Bermuda Government

NEAR Protocol has had a month that most blockchain projects would stretch across an entire…

1 day ago

Chainlink Records 7 New Integrations Across 6 Services and 4 Chains

Something is becoming increasingly clear about Chainlink, the integrations are not slowing down. The protocol…

1 day ago

Circle Freezes $12.6 Million in Zama’s Confidential USDC Contract on Ethereum

Blockchain investigator ZachXBT has flagged a major stablecoin freeze that is sending shockwaves through the…

3 days ago

Exponent Finance Launches V2 To Expand Institutional Yield Markets On Solana

From a primarily interest rate swap niche product, Exponent has developed into an onchain capital…

3 days ago