URL of Scam: [pc.nyecoins.com] & [ollcoin.com]
Cryptocurrency Wallet Address: bc1qyzmcfp90jdfuyvs635kydumdtgl66yy3m8l4el (Bitcoin)
Amount Lost: Approximately $800

Description

The platforms pc.nyecoins.com and ollcoin.com have been identified as part of a fraudulent crypto exchange network, deceiving users with promises of high and unrealistic returns on cryptocurrency investments. A user has reported a loss of $800, having been misled by these platforms’ claims of profitable trading services and fast investment growth.

Both websites presented themselves as professional, legitimate crypto exchanges, showcasing fabricated testimonials, polished interfaces, and promises of instant profits. Victims were encouraged to deposit funds to access “exclusive” trading options and high-yield investment plans. However, once funds were sent to the provided Bitcoin wallet, users were shown fake dashboards displaying non-existent gains.

When users attempted to withdraw their funds, they faced excuses such as “verification pending” or were asked to pay additional fees to complete the transaction. These tactics are common in crypto exchange scams, where platforms simulate trading activity while quietly siphoning user deposits.

Open-Source Intelligence Analysis

Domain and Hosting Information

nyecoins.com (parent domain for pc.nyecoins.com)

• Registered On: January 11, 2019
• Expires On: January 11, 2028
• Updated On: December 3, 2024
• Status: client transfer prohibited
• Name Servers:
  • dane.ns.cloudflare.com
  • shubhi.ns.cloudflare.com

Registrar Information

• Registrar: Name.com, Inc.
• IANA ID: 625
• Abuse Phone: 720-249-2374

Registrant Contact

• State: Georgia
• Country: MY (Malaysia)

Red Flags Identified

• Promises of guaranteed high returns on crypto investments
• Fake trading dashboards with simulated profits
• Withdrawal barriers and demands for additional payments
• No regulatory compliance or verifiable business registration
• Domain privacy and vague registrant information

Conclusion

pc.nyecoins.com and ollcoin.com are fraudulent crypto exchanges designed to trick users into depositing funds under the illusion of profitable investments. These platforms exploit users by faking trading results and blocking withdrawals, ensuring that victims cannot recover their money. Crypto investors are strongly advised to use only verified, regulated exchanges and to thoroughly investigate any platform before making deposits.