TalkScams Team · Source-backed educational guide · Not a community report
Crypto-mining investment site promises fixed high yields
Fraudulent websites may claim to operate mining farms or secret trading systems producing exceptional risk-free profits. The SEC and CFTC have warned that such pitches can be linked to sites that simply take deposits.
Source: U.S. Securities and Exchange Commission · Original advisory date: 2019-04-24
This summary is not a firsthand report or an endorsement or partnership by the source.
Warning signs to recognize
- The mining operation cannot be independently verified but guarantees high percentages.
- The promised return is not supported by an independently verifiable record
How to check or protect yourself
- Research registration and independent operating evidence before sending funds.
- Keep transaction details and report suspicious investment solicitations
Read the original U.S. Securities and Exchange Commission advisory