Vepdex.com is a crypto website that tricks people into thinking they’ll get free Bitcoin with special sign-up codes. They ask you to deposit 0.0025 bitcoins to claim a bonus of 0.31 bitcoins. If you make the deposit, you’ll lose your money and won’t be able to withdraw the bonus. Here’s how it works.
How the Scam Works
Here’s how the scam works: the website gives you BTC using a “code” they show you. To increase your balance, you’re asked to deposit more BTC, usually around €150. After you make the deposit, the website disappears and you can’t access your account anymore.
The scammers use this trick to take your money without giving you anything in return. The positive reviews you see are fake and meant to trick you.
Why You Should Be Careful with Vepdex.com
- Unverified Identity: Vepdex.com uses a basic SSL certificate, meaning the website owner’s identity hasn’t been verified—a common tactic for scam sites.
- New Website: The site has only been around for a short time. It was created on 11 of April 2024 and set to expire 11 of April 2024 which is common for scam operations.
- Low Popularity: The site has no significant online presence, which could indicate it’s not trustworthy.
- Use of Cloudflare: The site uses Cloudflare, which can be a way for scammers to protect their identity and make the site harder to shut down.
What To Do If You Fell for The Vepdex.com 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:
- 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: Contact your local consumer protection agency or the equivalent regulatory body in your country.
- Better Business Bureau (BBB): File a complaint with the BBB if the online store is based in the United States.
Final Words
Crypto exchanges like Vepdex.com aren’t always checked by the government. This means they don’t have to follow the same rules as banks or stock markets, which can put your money at risk. They promise you can make a lot of money easily, but making money with crypto is usually hard and not realistic. It’s best to stay away.
Also read: Veznex.com