Wed. Nov 27th, 2024

Exposing The Kendeasy.com Crypto Scam: Elon Musk Bitcoin Giveaway

By Nora Nov27,2024

Kendeasy.com is just another crypto scam platform that claims to offer high returns on investments. However, it used to commit fraudulent activities under the guise of investing in their new ICO’s or new crypto coins.

In this review, we will reveal how Kendeasy.com is a scam not affiliated to Elon Musk or any other celebrity and how it works.

Revealing The Kendeasy.com Crypto Scam

Kendeasy.com is a website that claims to offer High returns through cryptocurrency investing trading and digital asset exchanges. They front as a legit platform that helps you make money by investing and trading cryptocurrencies.

Suffice to say, this platform is a scam like many others of its kind that has the sole purpose of creating trust by offering things like portfolio monitoring, crypto training, and celebrities Bitcoin giveaway so that they can subsequently drain their accounts.

RedFlags Of The Kendeasy.com Website

Website access:

We were unable to access this website, and this may either be due to the fact that it has already been taken down prior to us carrying out this research or are they are deliberately hiding its contents. As a new website, this is definitely a red flag, and it should be avoided.

Certification:

Kendeasy.com claims to be certified and endorsed by a couple of legal departments but there’s no evidence to back up these claims. This falsification of claims is rampant among scam websites as it aims to give the victims a false sense of legality and trust.

Domain age:

This website was created 2024-11-17, 10 days ago as of writing this review and expires on 2025-11-17. While new websites are not necessarily a red flag, they must be accroached with caution or after a through research has been carried out.

Lack of Information:

There’s no information about the company’s founders, its headquarters, and official registration. Legitimate platforms typically provide a transparent background, whereas platforms with limited or no public information often raise concerns.

How the Kendeasy Scam works

This platform uses fraudulent schemes, such as fake bitcoin giveaway from celebrities by using specific promo codes.

Most times, the news about their platform is spread by the use of pyramid schemes. This is a system whereby they pay out a few users at first to build trust but as soon as they have enough people invested the system collapses leaving everyone with nothing

The scammers behind this website often use deceptive tactics to lure victims into making cryptocurrency investments, promising unusually high returns or exclusive opportunities that are too good to be true.

After registering and applying these codes, users accounts are immediately credited, which tricks them into believing that they have received free Bitcoin, when in reality, it is just a ruse to lure them into a deeper fraudulent pyramid scheme.

However, they are unable to withdraw this free crypto unless they fund their account with 0.005BTC in order to activate the withdrawal feature.

If this money/investment is made the user is immediately blocked from the account and therefore unable to withdraw both the alleged free crypto and the transferred 0.005BTC.

This website’s sole purpose is to trick people into “investing” in worthless cryptocurrencies or nothing at all which leads to false hopes and financial loss sometimes in the thousands by these unsuspecting victims.

These scammers usually deceptive tactics to manipulate people into installing malicious software. They may send suspicious files or suggest installing cryptocurrency wallet applications or browser extensions.

What To Do If You Fall For A Scam

Cancel your credit card

Immediately call your financial provider and cancel your credit card. By so doing, the credit card details you used for your transaction would become null and void.

Request for a new card

After the old credit card has been canceled, ask for a new card, it doesn’t cost much to get one. Your credit card issuer will issue you a new one with different numbers.

Report the Fraud To Relevant Authorities

Report the scam to relevant authorities and organizations. This includes:

Better Business Bureau (BBB): File a complaint with the BBB if the online store is based in the United States.

Internet Crime Complaint Center (IC3): If you are in the United States, you can file a complaint with the IC3 at https://www.ic3.gov/.

Your Local Consumer Protection Agency:

Ways to spot crypto scams

  • Too good to be true: If the returns or promises seems exaggerated or unrealistic, it’s likely a scam.
  • Lack of transparency: If the project or company behind the crypto asset is unclear or secretive, it’s a red flag.
  • Unregistered: Check if the crypto asset or company is registered with regulatory bodies.
  • Pressure to buy in: Scammers often create a false sense of urgency to buy in quickly.
  • Unverified social media: Be cautious of social media profiles promoting crypto assets without verification.
  • Fake celebrity endorsements: Be wary of celebrity endorsements that seem fake or unverified.
  • Poor website quality: A low-quality website or lack of a website can indicate a scam.
  • No clear team: If the team behind the project is unknown or anonymous, it’s a red flag.

Always be on the lookout for possible crypto investment scams and avoid them.

Conclusion

In conclusion, Kendeasy.com is a crypto scam platform that preys on unsuspecting investors with promises of high returns. Its lack of transparency, false certification claims, and deceptive tactics make it a dangerous website in the crypto space.

We strongly advise against investing in Kendeasy.com and recommend being extremely cautious when dealing with similar platforms.

See latest alert – Does The Redex DPF Cleaner Work?

By Nora

Welcome to my corner of the internet, where I figure out the dirt on online products, websites, and cryptocurrencies. Think of me as your trusted guide, cutting through the hype and noise to help you make informed decisions. I'm all about keeping it real, with unbiased reviews that'll save you from costly mistakes

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