Nasvayx has been identified as a risky opportunity by Intelligence Commissioner users. It is similar to Telumex. We’ve received over 5 complaints against Nasvayx.
An intricate fraud using deepfaked celebrities on Facebook, YouTube, TikTok, and other social media platforms is being used to promote the fake cryptocurrency trading site Nasvayx. These videos, which are produced in collaboration with Nasvayx, misrepresent a chance to win Bitcoin. But there is no Nasvayx and no cryptocurrency giveaway as promised. The website functions as a fake trading front, taking money and depositing it into the wallets of con artists. The website disappears when enough money is raised, making it impossible for victims to get their money back.
Get Your Money Back From These Scammers!
[mychargeback-form]
Other than its advertising films, Nasvayx has no internet presence or documentation. The firm doesn’t have any verified information online, and it doesn’t provide any proof that it has ever given out free Bitcoin incentives. The celebrities whose likenesses appear in the videos have not approved of the advertising and have been utilized illegally.
An important red flag is when an account is activated using Bitcoin and requires an upfront payment. Such behavior is indicative of fraudulent intent and is not seen on legitimate trading platforms. Moreover, Nasvayx is a newly registered domain that will probably be dropped soon. Such a fleeting approach is not characteristic of legitimate enterprises.
The lack of regulation or the presence of poor regulation is a huge red flag. It means Nasvayx 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 Nasvayx, 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?
The promise of a balance of around 0.31 BTC upon inputting given codes after enrolling on Nasvayx is what lures people into falling for this scam. They want to withdraw this money, but a notification says they need to deposit at least 0.005 BTC to “activate” the ability to withdraw.
Users are tricked into submitting actual Bitcoin payments by this deposit requirement, which the con artists quickly steal. Nasvayx and the purported celebrity cryptocurrency giveaway are, in fact, frauds. The website is a front used to trick people into sending money and has no intention of keeping their withdrawals.
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.
If you have information on a scam or criminal operation, you can get access to 40+ investigative journalists & news outlets for free. Send us a detailed report here and if you qualify, we will forward your case ahead.
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 Nasvayx 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 Nasvayx 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 Nasvayx, chances are, you wouldn’t find many legitimate reviews.
Another prominent way scammers like Nasvayx enhance their credibility is by burying negative reviews and complaints under a lot of fake reviews.
This way, when you’ll look up “Nasvayx reviews”, you might not find many complaints. Or, you might find them buried within numerous reviews praising Nasvayx.
You should always look out for consumer complaints. In the case of Nasvayx, 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 Nasvayx? You can share your complaint in the comment section or submit an anonymous tip.
Nasvayx 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 Nasvayx 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 Nasvayx?
All the evidence suggests that Nasvayx 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.