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FX Source Miners Hub, also known as FXsourceminershub or FX247traders, is a fake cryptocurrency trading and mining platform set up to scam investors out of their money.
The site design is reasonably professional and it’s easy to see why so many people fall for scams after being contacted online by someone who befriends them and offers to trade cryptocurrency.
Once on the platform, victims are encouraged to make large deposits to take advantage of the significant profits that scammers claim they can earn.
However, all the money sent to FX Sources Miners Hub was stolen and investors were told they would have to send more money or pay unpaid taxes to unlock it.
Money sent to unlock existing funds will also be stolen by scammers. They then continue to pursue the customer to extract as much money as possible.
What makes FX Source Miners Hub a scam?
There are a lot of problems with this platform. In particular, the number of people contacted is not small. Cryptocurrency Advisor I would like to report that I have been scammed here.
Other issues include:
- The platform confusingly brands itself, calling itself FX Source Miners Hub and FX247traders in different sections. At some point they called themselves Fcs Market.
- The content is full of spelling and grammar errors, and many passages of text make no sense.
- Since the domain name was registered very recently, it will probably only be around for a while before it gets shut down.
- There is no explanation as to how the platform achieves its profits.
- A fake company address is used. There are no businesses registered in Dubai.
- No information is provided about the company, team, licensing or regulatory approvals.
Get your money back from FX Source Miners Hub scam
Other than reporting what happened to the authorities and providing as much supporting information as possible, there is little you can do directly to ensure the return of your funds.
There are also private companies that can help, as I wrote about here.
If you suspect a site is fake, contact us.
Related posts: Cryptocurrency Scam Help and Resources