FX Source Miners is a scam crypto platform which claims to offer trading and mining services to retail investors.
However, it’s actually a fake website set up to lure people into parting with their cash with the promises of large profits before the scammers behind it block their accounts and steal the cash.
Some victims are being contacted via social media and befriended, often over a prolonged period of time, before the conversation turns to crypto mining or investing.
The victim is gradually persuaded to part with often large some of the cash with the promise that it will quickly grow in value due to the services offered at FX Source Miners.
However, any money deposited on this platform will be stolen, and the scammers will often continue their demands for cash, often on the premises that they need a commission or tax to be paid to release the victim’s funds.
This is just another way of extracting more money though.
How to spot the FX Source Miners scam
There are many things wrong with this platform which give it away. They include:
- No regulatory or licensing information.
- No company or team details.
- A fake company address in the United States.
- No social media profiles.
- No official apps.
- No real website functionality.
- A complete lack of explanation as to how profits are made.
- Grammatical errors in the content.
- Multiple reports online that it’s a scam platform.
- A Domain Authority (DA) score of 1 – the lowest possible.
It’s important that you report any scam to the police or the fraud authorities in your country.
There are also private companies that might be able to help which I’ve written about here.
Have you had any experience with this platform? Kindly share your thoughts in the comment section to help others stay informed and safe.