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Ethereum Beacons, also known as Total Revenue, is a cryptocurrency scam platform that scams prospective investors out of their cash with promises of huge profits.
Contact person Cryptocurrency Advisor I lost a significant amount of money after being recommended to invest in this platform by someone I met online.
After putting away the cash, I saw profits building up in my account. But when they tried to withdraw their money, they were blocked from doing so.
The scammers demanded a fee to release the funds, but fortunately the victim refused to pay, so he didn’t lose any more money.
Ethereum Beacon Scam Giveaway
The Ethereum Beacons platform is rudimentary and lacks the information and regulatory provisions one would expect from a legitimate trading platform.
This should automatically be a warning sign to anyone considering investing in this platform.
It mainly operates as a DApp with a website, and scammers are running WhatsApp groups filled with fake posts about financial success to persuade victims to invest.
Again, the promise of huge profits and talk of instant wealth should be enough to warn many investors away from participating.
There are other issues with this platform, including:
- It’s a brand new domain name.
- No social media profiles.
- Domain Authority (DA) Score 1 – The lowest possible score.
- There is no information about the team behind the platform or where they are based.
- There are several reports on various forums that the platform is a scam.
Recover funds from Ethereum beacons
In the case of cryptocurrency scams, you should always record as many details as possible so that you can provide them to the authorities when reporting the scam.
But scammers are good at hiding their identities, making it very difficult to get your money back.
There are also private companies that can help, as I wrote here.
If you suspect a site is fake, contact us.
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