Quote from: Oshosondy on Today at 01:23:00 PM

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Its not a regulation related issue per se, but rather more the existence of ruthless people that can hide behind anonymity (for the most), in order to swindle gullible people. Crypto somehow seems to have an aurora around it, that somehow leads people to believe that getting rich is quick, easy and painless. Add to that inexperience, and messages that often prompt you to act swiftly before the offer runs out, and you get your call to action in motion. Someones bound to take the bait, so repeat and rinse the modus-operandi with slight changes in incentive and site appearance.

Take a look at this:

Quote from: DdmrDdmr on September 03, 2020, 03:31:44 PM

Its hard to conceive that someone will believe that youll make 120% after 24 hours, 140% after 2 days or 300% after 24 with a VIP plan. That can only be a straight-up scam. These types of sites are created/cloned frequently, and tend to copy their modus-operandi, structure and even the set of FAQs from one to another. Create one, scam a few, close it, repeat and rinse.

How exactly did you get to know of this site (further than "got in touch with a random on the internet that recommended me this site")?
This is often something that is not detailed when we see the aftermaths, and its just as important to get to know, since it creates awareness on the points of contact origin.

Im also curious how this paced so quickly: The scammers domain was registered barely ten days ago (which does not mean the site has been up for so long).

By the way, performing a quick reverse image on the alleged CEO renders (without going into investigating them any further):
-   A Mark Smith (now degraded to Investor) on a very similar look-alike site (https://www[dot]babylon[dot]co[dot]uk[dot]index.html)
-   An Ed Machen who provides a testimony on a College consulting site
-   A nameless guy at company that "builds innovative companies and disrupt markets" (hes in the team of finance/investment).
-   Yet another sibling of the scam family of sites described in the OP (https://btc-train[dot]uk), where our guy has now regained the title and name as in the OP (RUSS MEDLIN - CEO).
-   And yet another one (https://cryptosheart[dot]com), where our CEO is now Antonio Conte, degraded to Marketing Head.
-   And again () another site belonging to the scam saga, where our CEO is now Antonio Conte (again), Head of Trading.

Damn, how much is this guy making? ...

Ok, Ive had my fun. The list goes on for pages and pages of google image search results ...

If you want to have some (careful) fun, skim through the search results that I pointed at in the above post: There are 11 pages of results with the same presumed CEO of a swindler website, being used for multiple scam sites, many of which have a similar look and feel. This shows how some of these sites are related, with changes in bait here and there. Now go and get some social engineering in motion to spread the links and wait for the bite ...