Mining Lab · Coinovo Academy · Spotting fraud
The same tricks every time
Payments are final and go to a string of characters rather than a name. There is no party that reverses them. That makes every trick aimed at a one-off transfer especially effective.
There is no guaranteed return in crypto. Anyone promising fixed percent per week pays it out of the money of the next depositors, until nobody comes any more. That is a pyramid scheme, no matter how the site looks.
A fixed return plus a swinging market makes no sense.
"Send 1 BTC, get 2 back", often in the name of a well-known person or as an exchange promotion. Nothing comes back. No serious party ever asks for an advance payment in crypto.
Nobody from support needs your private key, your twelve words or remote access to your computer. Every such request is an attack, no matter how real the sender looks and how helpful they sound.
Some fraudsters build trust over weeks, often through a supposed acquaintance, and then lead you to a trading site they own. At first you are even allowed to withdraw. With the large amount it stops.
This trick almost always follows the same script, and once you have read it you recognise it on day two rather than day sixty.
First the accidental contact: a misdelivered message, a profile on a dating site, a request on a network. Then weeks of talking with no mention of money. Then a passing remark about their own gains, never as an offer, always as a story. Then the helpfulness: they show you how it works, on a site that looks professional and belongs to the gang.
The first stake is small and turns a profit. The first withdrawal works. That is the most expensive moment, because from now on you do not merely believe, you have checked. Then comes the one-off opportunity, the larger amount, and after it a fee, a tax, a release payment that must be made first.
First: the trading site cannot be found except through the link you were sent. Search the name in a search engine without using the link. If you find nothing older than a few months, the matter is settled.
Second: a payment is demanded in order to receive a payout. No serious provider anywhere does that; fees are deducted, not demanded up front. Anyone asking for an advance payment to release a payout never had your money.
And a third rule, which is not a test but a stance: someone who met you online and talks to you about investing met you for that reason.
Type addresses by hand instead of following links in messages. Wallets only from the original site. Get suspicious when things are urgent: time pressure is the most common tool. And when in doubt, sleep on it; no real offer disappears because of that.
Tasks, shifts and the daily hunt, plus an account that shows what has added up.
Opens straight away. No account, nothing to install.