Beastchange.shop Crypto has been identified as a risky opportunity by Intelligence Commissioner users. It is similar to Xera Dubai. We’ve received over 6 complaints against Beastchange.shop Crypto.
Beastchange.shop Crypto is a scam website that uses deepfake technology to pretend to be famous people so that people will invest in a Bitcoin giveaway that doesn’t exist. People are tricked into falling for this scam on social media sites like Facebook, YouTube, and TikTok by false claims of big Bitcoin returns. People are tricked into signing up by using certain codes, and then they are tricked into entering real Bitcoin to use a withdrawal feature. When they do this, they find out that the platform and all of its offers are fake.
Get Your Money Back From These Scammers!
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Beastchange.shop Crypto is part of a sophisticated cryptocurrency scam that uses deepfake technology and fake famous appearances to trick people. The scam is mostly spread through social media sites like Facebook, YouTube, and TikTok, where people are told they can get big returns on their Bitcoin purchases.
Making and spreading videos with deepfaked celebrities is the main part of the plan. According to these videos, these famous people are supporting a special Bitcoin giveaway put on by Beastchange.shop Crypto. People who want to become victims are told to sign up on the website using special codes like “CR7” or “Tiktok11” to get in on the plan.
The lack of regulation or the presence of poor regulation is a huge red flag. It means Beastchange.shop Crypto 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 Beastchange.shop Crypto, 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?
After signing up, users are tricked by a fake amount display that says they have about 0.31 BTC in their Beastchange.shop Crypto account. The purpose of this fake balance is to make the user think they have gotten free Bitcoin, which will lead them deeper into the scam.
When participants try to withdraw what they think is their Bitcoin balance, they are told they need to pay at least 0.005 BTC to “activate” the withdrawal function. This condition is a trick to get people to send real Bitcoin to the wallets of scammers.
In the end, it turns out that both the Beastchange.shop Crypto website and the advertised Bitcoin giveaway do not exist. The website is just a front that’s only there to get people to put money. Most of the time, once a website has a lot of deposits, it disappears, leaving users with no way to get their money back.
Free Bitcoin and other offers that seem too good to be true are often signs of a scam.
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.
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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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 Beastchange.shop Crypto 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 Beastchange.shop Crypto 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 Beastchange.shop Crypto, chances are, you wouldn’t find many legitimate reviews.
Another prominent way scammers like Beastchange.shop Crypto enhance their credibility is by burying negative reviews and complaints under a lot of fake reviews.
This way, when you’ll look up “Beastchange.shop Crypto reviews”, you might not find many complaints. Or, you might find them buried within numerous reviews praising Beastchange.shop Crypto.
You should always look out for consumer complaints. In the case of Beastchange.shop Crypto, 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 Beastchange.shop Crypto? You can share your complaint in the comment section or submit an anonymous tip.
The Beastchange.shop Crypto scam is an example of a high-level scam that uses advanced deepfake technology to take advantage of people’s trust in celebs.
This case shows how important it is for people to make sure that any business opportunities they hear about are real, especially ones that are promoted on social media and involve cryptocurrencies.
It is important to be wary of any platform that needs deposits in order to access funds, and you should also be wary of claims that they can give you high returns with little risk.
Beastchange.shop Crypto 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 Beastchange.shop Crypto 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 Beastchange.shop Crypto?
All the evidence suggests that Beastchange.shop Crypto 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.