Bitcoin Forum

Economy => Scam Accusations => Topic started by: SFR10 on August 17, 2021, 06:25:17 PM



Title: [Warning] Cryptosdesk.io up to 30% annually(rip-off, plagiarized content and etc
Post by: SFR10 on August 17, 2021, 06:25:17 PM
What happened:
As soon as I saw their website, I knew I've seen the template they were using on their website, so I did some digging and was able to find the original source [partial rip-off from another scam website]. In addition to that, they're offering a high annual interest rate of 30% while also using a lot of plagiarized content from various websites.

Scammers Profile Link:
cryptosdesk (https://bitcointalk.org/index.php?action=profile;u=3369297)

Reference Link:
Cryptosdesk.io - Earn, Trade and Borrow Cryptocurrency (https://bitcointalk.org/index.php?topic=5355045.0) [archived (https://archive.fo/4FPEe)]
  • Cryptosdesk.io (https://cryptosdesk.io/) [archived (https://archive.fo/4U1Mo)]
  • Blockvaults.io [archived] (http://web.archive.org/web/20210304000817/https://blockvaults.io/)
    Note: It has a "bad (https://www.trustpilot.com/review/blockvaults.io) [Trustpilot]" reputation.
  • YieldEx.org (https://yieldex.org/) [archived (https://archive.fo/7IaJa)]


Additional Notes:


Tagged and "created a flag (https://bitcointalk.org/index.php?action=trust;flag=2813)".


Title: Re: [Warning] Cryptodesk.io up to 30% annually(rip-off, plagiarized content and etc)
Post by: The Sceptical Chymist on August 17, 2021, 08:33:51 PM
Just FYI, it looks like the project is called Cryptosdesk (which sounds very weird if you say it out loud).  But there's no doubt they boosted content from other sources without attribution, and it looks like they were just plain lazy, changing words here and there.

I'm not sure what to think about the 30% per year.  They used that tricky qualifier "up to", which basically means you could earn a lot less than 30%, plus I'm hearing of DeFi projects that are apparently legitimate which offer returns much higher than that.  It sounds way too good to be true to me, but I've never done anything with DeFi personally, so I don't know if it's a Ponzi or what.

Either way, flag supported.  Good eyes, OP.


Title: Re: [Warning] Cryptodesk.io up to 30% annually(rip-off, plagiarized content and etc)
Post by: TheUltraElite on August 18, 2021, 05:53:17 AM
A number of copy pasted text and social media links pointing to newly created accounts this month make this a very suspicious site at first glance. Following which the humongous interest rates are the nail in the coffin, which can only mean the site to be running a ponzi scheme.

Code:
13 Broad St, St Helier, Jersey JE2 3RR, Jersey
Their address  shows up on search engines to be the location of some lending companies but further information can be known only by a resident of that area. This is however a common practice among scammers to use addresses of known business centers in order to show off.

I would suggest others to report the domain name to NameCheap for abuse as well. Flag is of course supported.


Title: Re: [Warning] Cryptosdesk.io up to 30% annually(rip-off, plagiarized content and etc
Post by: SFR10 on August 18, 2021, 06:26:08 AM
Just FYI, it looks like the project is called Cryptosdesk
Well spotted [thank you] :)

(which sounds very weird if you say it out loud).
I guess they didn't want to pay the "premium price (https://i.imgur.com/YjAjGvh.jpg)" for something that won't last long.

I'm not sure what to think about the 30% per year.  They used that tricky qualifier "up to", which basically means you could earn a lot less than 30%, plus I'm hearing of DeFi projects that are apparently legitimate which offer returns much higher than that.  It sounds way too good to be true to me, but I've never done anything with DeFi personally, so I don't know if it's a Ponzi or what.
It's getting harder and harder to identify them. Based on my observation, most of the recent ones have drastically lowered their interest rates [a bit tricky], but when you compare their high "free" daily reward with everything else, then their true nature becomes clearer.

Their address  shows up on search engines to be the location of some lending companies but further information can be known only by a resident of that area. This is however a common practice among scammers to use addresses of known business centers in order to show off.
That's interesting [I forgot to look it up last night, thank you] :)

Either way, flag supported.  Good eyes, OP.
Flag is of course supported.
Thanks to both of you, I appreciate it.