This is Cryptoland.trade where everything seems to be too good to be true. Unfortunately, nothing is as good as it seems. In fact, an investment with Crypto Land Trade will always result in financial destruction. Their so-called professional financial team and advisers are anonymous and probably do not exist.
Crypto Land Trade claims that they are a mining company. They are supposed to mine Bitcoin, Ethereum and Litecoin. They claim that they will give you a high return when you mine these coins with them. But where are the mining rigs?
Also, it appears that whoever wrote the contents of this website is not very familiar with the English language. There are more than enough grammar errors on the site, yet they claim that the site and its operators are based out of the US.
As always, Crypto Land Trade is implementing the infamous invest and wait model of business. Using this ponzi scheme style of doing business, Crypto Land Trade promises huge returns in a short duration. Just in case you didn’t know, this platform is promising to double your investment per day at the rate of 120%.
Other plans are promising investors 200%in 2 days, 140% in 3 days and 7% in 7 days for 1 year. Is this really possible? Logically, we think these promises are too good to be true. If they were true, the owner of this website would have just kept the money making opportunity to himself. So why exactly do they need you to participate?
It’s clear that Crypto Land Trade is a ponzi scam, and the owner cannot make money unless they involve you.
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Let’s highlight some of the things that automatically make them a scam.
The first problem that we noticed with this scam is that it was using fake registration details which do not belong to them. They claim that Crypto Land Trade is registered in the US, something that we doubted from the word go. However, when click the link provided on their website, we land on a page that talks about Crypto Technology Corporation and uses the same physical address as Crypto Land Trade.
Now, one thing is clear. Crypto Land Trade is not associated with Crypto Technology Corporation. The reason is because Crypto Technology Corporation is a company that sells non durable goods such as books, periodicals and newspapers. The company was founded in 1994, and is in no way associated with Crypto Land Trade scam.
But there is a major problem with this scam. They are using an address that clearly does not belong to them. Secondly, this is proof that the scam website is not operating like a corporation and is definitely not registered in the US.
Thirdly, their grammar seems to be a major problem. This confirms to us that the person who wrote the text is definitely not coming from an English speaking country.
And fourth, unlike the UK and other places, the US is very strict when it comes to ponzi scams. They don’t allow them whatsoever. If someone wants to peddle such a scam in the name of helping the public invest, they must seek a license. That license comes at a cost, and scammers cannot afford it.
They cannot afford it because apart from the financial requirements that come with seeking this license, they will be required to disclose their physical address, financial standing, skills and experience of their team among other things. This is typically something that scammers cannot agree to because they don’t have what it takes to get a license.
To cut long story short, Crypto Land Trade is a scam that doesn’t operate in the US as claimed on their website. You can rest assured that this is your average scam ponzi scheme whose mission is to steal money from you.
Crypto Land Trade talks about how they own efficient mining rigs that will make super abnormal profits. You have to understand that these are unverified claims. You won’t make any money because there are no mining rigs. They are neither renting or leasing mining rigs to mine the aforementioned coins.
Unfortunately, some people won’t believe it. These guys are simply running a ponzi scheme, hence the anonymous nature of the operators.
Why do you think the site admin is anonymous? It’s simple. They have an ill intention. Exposing themselves to the world would greatly jeopardize their efforts to steal money from you.
That is apparently why they choose to remain anonymous while bombarding you with too good to be true promises.
Wherever this scam is operating from, it is breaking the law because regulators of the industry are not aware of its activities.
One thing that regulators do is to ensure that scams like these won’t get a license. Ultimately, they close down after getting basted. Think Bitconnect and the rest of the platforms which operated this way and ended up closing their doors. These are ponzi schemes that are mathematically designed to fail at some point. That is the reason why this scam is illegal.
Registration is fake. They are also showing us dubious user statistics to try convincing us how this platform is active with users who make money. You must not believe this nonsense. If anything, this is a scam that does not want to verify anything. Their alleged payouts can never be verified because this website has never issued a single payout. Since it’s very new, you should have reasons to be afraid of them. What they are playing is a dangerous financial game that will result in some people getting ripped off.
If you want to mine Bitcoins and other altcoins, your best bet would be these cloud mining companies. That’s all we know. We do not want to gamble with a site so full of red flags that it becomes obvious of the fact that it is ran by internet rogues.
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