Zenlunex has been identified as a risky opportunity by Intelligence Commissioner users. It is similar to Sluwex. We’ve received over 4 complaints against Zenlunex.
The Zenlunex.com bitcoin trading platform is a hoax that uses social media frauds with phony celebrities to market itself. Scammers trick followers into sending Bitcoin by using deepfake or voice-dubbed films that mimic famous people’s voices, such as Drake, Elon Musk, Bill Gates, Cristiano Ronaldo, and Mark Zuckerberg. The con artists use sites like YouTube, TikTok, and Facebook to disseminate misleading films in which they pose as famous people and promote a great chance to win Bitcoin via a partnership with Zenlunex.com. Participants are encouraged to join the site and get free Bitcoin when they submit a promo code like “CR7” or “Tiktok11” during the registration process.
Get Your Money Back From These Scammers!
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Key Takeaways
Is Zenlunex Regulated? Do They Have a License?
Zenlunex.com is a fraudulent website that pretends to be a platform for trading cryptocurrencies. Cybercriminals make use of this website to steal currency like Bitcoin from individuals.
This is mostly accomplished via the use of social media platforms, where fraudsters are active and attempt to persuade others to deposit cryptocurrency in their wallets by using bogus profiles.
The lack of regulation or the presence of poor regulation is a huge red flag. It means Zenlunex is a scam and most likely, an illegal operation.
Companies offering investment services or opportunities without having a license can vanish without leaving a trace. Furthermore, the lack of a regulatory license allows them to get away with it and face no legal consequences.
That’s why it’s vital for you to always check a company’s regulation status as well as its license information. The presence of a license allows consumers to reach out to an authority if something goes wrong.
In the case of Zenlunex, victims have nowhere to go due to the absence of a watchdog or license.
You should ask yourself the following questions when you come across a new investment firm or opportunity:
- Does the investment provider maintain transparency about its CEO?
- Do they have a license from a renowned regulatory authority?
- If the need arises, can I reach out to an authority to report this company as a scam?
A misleading video is uploaded to YouTube, TikTok, and Facebook, and then distributed throughout those platforms. Deepfaked celebrities discuss a unique Bitcoin giveaway opportunity that is being held in conjunction with Zenlunex.com in the videos you may watch.
These instructions walk viewers through the process of signing up for the website and entering a promotional code, such as “CR7” or “Tiktok11,” to get free Bitcoin coins in their account.
Trading Conditions and Deposit/Withdrawal Methods at Zenlunex
As soon as the victim arrives at this page, they are prompted to input a coupon code or a discount code. It is believed that the victim’s statement will be credited 0.31 BTC after this step has been completed. Although it may not seem to be the case, this is not the case.
This is the point at which the con is started. Before the consumer may withdraw their bitcoins, they are required to deposit Bitcoins. At the moment when the consumer performs this, there is an abrupt lack of Bitcoin accessibility. The Zenlunex.com website has been shut down, and the con artists have made off with the Bitcoin that the customers had provided.
However, it’s worth noting that many scammers disable their payment channels before shutting down their operations.
They might give you multiple reasons including:
- A technical error
- A glitch in their system
- Banking issues
- A “hacking attack”
And many others.
But in 9/10 cases, the scammers stop making payments and keep the money to themselves. Hence, the payment methods we discussed here might not work.
If you want to get your money back from a scammer, you’d need to file a chargeback.
There is no such thing as the Zenlunex platform or the cryptocurrency giveaway that is being promoted. The website is a phony trading front that is used to solicit deposits into the wallets of unscrupulous individuals. After a sufficient amount of money has been accumulated, the website vanishes, leaving victims with no method to retrieve their missing money.
The con artists give the pretense that viewers may earn free Bitcoin more credibility by making use of the public’s confidence in prominent people such as Cristiano Ronaldo, Mark Zuckerberg, Bill Gates, Elon Musk, and Drake. However, it is a complex con made to steal cryptocurrency deposits.
Zenlunex Customer Service: Do They Handle Complaints Well?
When it comes to scammers, you should only measure the quality of their customer service if they respond to your complaint.
In the beginning, scammers tend to remain very accessible.
This means their representatives will keep calling you until you invest with them. Furthermore, they will act friendly and make it seem as if you’re one of their most valuable consumers.
However, they do all this just to win your trust.
Scammers understand that to convince someone to give them a large sum, they will need to seem like a friend.
Nevertheless, when you have invested a considerable amount of money and need to get it back, their customer support will become inaccessible.
All of a sudden, their numbers would either stop responding or become unavailable.
Still, they might remain accessible to convince you to invest further. Also, they might begin by making a few excuses regarding your payment.
However, in the end, customer support won’t resolve your issues and become increasingly unavailable.
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Zenlunex Reviews: What Do Others Say?
It’s worth noting that many scammers tend to purchase fake reviews. Buying fake reviews has become extremely easy and it’s a multi-million dollar industry.
Scammers like Zenlunex tend to purchase fake reviews for their online profiles to make themselves seem more credible.
TIME Magazine investigated the fake review industry and estimated it to be worth more than $150 million. Certainly, there are a ton of scammers who want to seem legitimate and a bunch of fake reviews is the most effective way to do so.
That’s why you shouldn’t trust Zenlunex reviews easily.
It’s easy to identify fake reviews as well. You should look out for 5-star reviews posted by temporary accounts (profiles that only posted 1 or 2 reviews on the platform). Also, you should see if the positive reviews share any detailed information about their experience with the firm or not.
In the case of Zenlunex, chances are, you wouldn’t find many legitimate reviews.
Another prominent way scammers like Zenlunex enhance their credibility is by burying negative reviews and complaints under a lot of fake reviews.
This way, when you’ll look up “Zenlunex reviews”, you might not find many complaints. Or, you might find them buried within numerous reviews praising Zenlunex.
You should always look out for consumer complaints. In the case of Zenlunex, the most common complaints I found were about:
- Poor customer support
- Delays in payments
- High fees
- Lack of transparency regarding their leadership team
- Aggressive sales staff
Do you have a similar complaint about Zenlunex? You can share your complaint in the comment section or submit an anonymous tip.
Is Zenlunex Legit Or a Scam?
Zenlunex is an unregulated entity. Although they might fall under the jurisdiction of a watchdog, they don’t have the license to offer financial services to consumers.
The lack of a license means they are not answerable to any regulatory authority. As a result, the people behind Zenlunex can run away with your money without any prior notice. It would help if you were extremely cautious when dealing with an unregulated service provider.
The absence of a watchdog also means you cannot report to them to anyone.
Also, due to the absence of specific regulations, there is no provision protecting you from the insolvency of this entity. If they go bankrupt, you won’t be able to do anything about it.
Can You Trust Zenlunex?
All the evidence suggests that Zenlunex is a scam. If you have lost money to them, there is still a chance you can get it back.
To recover your funds, you’d need to file a chargeback.
Frequently Asked Questions
Is Zenlunex a scam?
Can I withdraw money from Zenlunex?
Where is Zenlunex Located?
How do I get my money back from Zenlunex?
How The Zenlunex Online Scam Works
Intelligence Commissioner investigates & reviews online money-making opportunities. We strive to provide critically helpful information to our readers and assist them in identifying scams. 
