Type of Scam: Investment Scam
URL of Scam: edgemarketpro.com
Victim Description: The victim encountered issues with disappearing funds and demands for tax payments into an escrow account to release supposed capital gains from an Initial Exchange Offering (IEO). The legitimacy of the exchange is questionable, raising concerns about whether it is a scam.

Receiving Addresses:

• bc1qvqfrq66up5hf9kfej0tqyp8a4y43xp6v0fcspp
• bc1qc9kh2eqthjm8swd6md9py7kgl0u0ewptumuhf9
• bc1quvmvsynd95d47xhvs9je3tqlte5e6y0xx7prj5
• bc1qe9lmql7trmyprm8mw0g0dh2wx9y9yyuj87yxfk
• bc1q2w6s9hpq8psst5e4x2s2mt0qn8wxchxfk0jgxj
• 0xd803461fc3a38aeb1275e45db9dcda9544e13139
• D6hCfNJ2VgcuDxgyVKmiWoXXChnJDjf63x
• DSPsAYi15gzmT7jjY98ViBA5vyuhFj17x

Amount Loss: $107,580.00

Open-Source Intelligence Analysis: Preliminary Findings on Fraudulent Activities Associated with edgemarketpro.com

Current Website:
The website edgemarketpro.com presents itself as a platform for cryptocurrency trading and investments, including IEOs. The requirement for tax payments into an escrow account before funds can be released is highly suspicious and indicative of a potential scam.

Domain and Hosting Information:

Registrar: NameCheap, Inc.
Registered On: 2023-06-19
Expires On: 2025-06-19
Updated On: 2024-06-12
Status: clientTransferProhibited
Nameservers: dns1.namecheaphosting.com, dns2.namecheaphosting.com

Technical Analysis and Subpoena Recommendations:

Domain Registrar: NameCheap, Inc. Recommendation for Subpoena: Obtain detailed registration and ownership data to track down the entities behind the website.
Nameservers: Managed by NameCheap hosting Recommendation for Subpoena: Access DNS records and server logs to investigate the site’s operational setup and any connected activities.

Key Observations:
The use of a well-known registrar and hosting service provides the site with an appearance of legitimacy, potentially misleading users about the security and validity of the platform. The repeated use of specific Bitcoin addresses for multiple transactions is a common tactic in scams to consolidate funds and simplify their transfer out of the reach of victims.

Conclusion:
edgemarketpro.com/ operates under the guise of a legitimate investment platform but exhibits classic signs of a financial scam, particularly in its demands for upfront tax payments into an escrow. These tactics are designed to extort additional funds from victims under the pretext of regulatory compliance. Immediate legal interventions are necessary to investigate and potentially halt ongoing fraudulent activities.