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Social Media Scams
Reported On November 8, 2024 at 12:28 pm
PaxfulMe.com Exposed: The Forex Trading Scam Unveiled
PaxfulMe.com has been identified as a fraudulent platform masquerading as a legitimate forex trading service. Despite promising lucrative returns on investments, this platform engages in deceptive practices aimed at defrauding users of their cryptocurrency.
Key Transactions Linked to PaxfulMe.com:
A thorough investigation into Ethereum (ETH) and Bitcoin (BTC) transactions reveals suspicious activities involving PaxfulMe.com:
- February 28, 2024: 3.06306 ETH transferred to .
- July 25, 2024: 9.31994 ETH transferred to .
- August 9, 2024: 0.0755445 BTC transferred to .
- September 14, 2024: 6.24069 ETH transferred to .
- September 15, 2024: 0.13926933 BTC transferred to .
Red Flags and Analysis:
- Unsubstantiated Operations: No evidence of legitimate forex trading activities.
- High Transaction Volumes: Frequent large transfers to wallet addresses associated with questionable activities.
- Transparency Issues: Absence of verifiable information or financial documentation.
Conclusion:
The consistent pattern of high-value transfers, lack of operational transparency, and unverified trading claims strongly suggest that PaxfulMe.com is a scam. Investors are advised to avoid this platform and seek out reputable trading services.