Category: Scams

Bitcoin Scam Site Warning – HashFlash

JP Buntinx March 21, 2017 Education, Scams

HashFlash is a company that claims to offer investors lifetime returns which will eventually earn them significant profits. This has all of the clear signs of a cryptocurrency Ponzi scheme, and it is evident HashFlash will run off with people’s money sooner or later. Paying out such ridiculously high amounts of money every day can’t be sustained forever, that much is certain. HashFlash Will Fade Away Soon Looking at the …
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Bitcoin Scam Site Warning – CKMiner

JP Buntinx March 20, 2017 Education, Scams

The CKMiner platform is another bitcoin cloud mining Ponzi scheme that needs to be avoided at all costs. Do not confuse this website with the bitcoin mining software going by the name of CGMiner as they have nothing in common. CKMiner wants to trick investors into depositing funds for a service the company does not offer in the first place. CKMiner Has No Mining Hardware Whatsoever One common trait most …
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Bitcoin Scam Site Warning – CryptoBusinessWorld

JP Buntinx March 18, 2017 Education, Scams

A lot of bitcoin Ponzi schemes make people believe their offering is legitimate. This is part of the reason why these scams are so successful, although users are smartening up and are trying to avoid HYIP schemes. CryptoBusinessWorld has been getting some traction lately, even though their plans are anything but legitimate. It is best users avoid this platform altogether. Do Not Invest Money in CryptoBusinessWorld While this particular bitcoin HYIP …
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XenixCoin vs SwissCoin vs OneCoin

JP Buntinx March 17, 2017 Education, Scams, Viral

In the vast sea of cryptocurrencies, it sometimes becomes difficult to separate malicious projects from the real deal. Over the years there have been multiple iterations on cryptocurrencies which are nothing more than glorified MLM schemes. We have listed a few of these coins below, although more of them still exist. 3. XenixCoin Anyone who has not heard of Xenixcoin has not missed out on all that much. The “cryptocurrency” …
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