If you are interested in cryptocurrency, you should know about this new crypto platform called Fistbix.com which offers new ideas and claims big profits. However, Fistbix.com has recently been exposed for its fraudulent activities. This article helps you know about the Fistbix.com scam, explains how it works, and tips on how to avoid similar scams.
What Is Fistbix.com?
Fistbix.com is a cryptocurrency trading website. It uses fake videos of famous people like Cristiano Ronaldo and Elon Musk to promote fake Bitcoin giveaways. It is suggested to always research thoroughly before using any new platform and be careful of deals that seem too legitimate.
Scam Overview
Fistbix.com claims to be a cryptocurrency trading platform, but it’s a scam designed to steal users’ money, using fake videos of celebrities like Cristiano Ronaldo and Elon Musk to trick people. These videos advertise fake Bitcoin giveaways, convincing viewers to deposit their cryptocurrency on the site.
How the Scam Works?
Promotion: The scam is promoted by spreading fake videos on social media platforms like YouTube, TikTok, and Facebook. These videos use technology to make it look like famous people are endorsing Fistbix.com and offering promo codes for free Bitcoin.
Registration and Deposit: Victims are misled into signing up on Fistbix.com and using a promo code to get Bitcoin in their accounts. But when they try to take out the Bitcoin, they are asked to make a small deposit first.
Theft of Funds: After making this deposit, the scammers rob the money, and victims end up with nothing. Then the site disappears, leaving no way for victims to get their money back.
Is It Legit Or A Scam?
The website features unrealistic celebrity endorsements. Scammers use technology to create convincing yet fake videos of celebrities endorsing their platform. Here are some more Red Flags that you should consider.
1. Unrealistic Promises
This website promises free cryptocurrency or guaranteed high returns with little risk. If an offer sounds too legitimate, it may be a scam.
4. Same Scam with a different domain
There are multiple websites with similar scams operating under different domains, such as Velonux.com, Bitxspark.com, and FISTBIX.com. This similarity may indicate a red flag for this website.
2. Fake Celebrity Endorsements
Fistbix.com uses celebrity endorsements that are not genuine. Scammers might use fake videos made with deepfake technology to make it seem like celebrities endorse their platform.
3. Lack of Transparency
The company does not provide clear and honest information about its background, founders, and operations, Also the website is newly registered, and Scammers often stay anonymous and give unverifiable details and stay for a short time.
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Jatin Chhabra, a Computer Science student specializing in AI & ML, passionately explores and develops AI solutions. Beyond academics, he dedicates his free time to reviewing various AI tools.
Jatin’s unique blend of theoretical knowledge and practical application positions him as a promising contributor to the dynamic field of artificial intelligence.
Jatin Loves to dedicate his time to explore new things in tech and programming world.
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