SCAM : arBBot / arbitragebot.net

[kmantronix]

Hello,

What happened::

WARNING !!! its a fake website that invites you to make a BTC deposit on the following  BTC address "1M9eDf8ajZGveR4Eh8un1HChyf8yCU2k2S" to unlock arbitrage functions/features, but actually that is just an empty box with nothing in !!!

Scammers Profile Link:



Reference Link:

http://arbitragebot.net/

Amount Scammed:

0.05 BTC

Payment Method:

BTC

Proof of Payment:

https://blockchain.info/address/1M9eDf8ajZGveR4Eh8un1HChyf8yCU2k2S

PM/Chat Logs:
Additional Notes:
Reporting this website as a scam "arbitragebot.net"

[1714104877]

1714104877

[Theb]

The site's design obviously looks like a scam. If you have spent some time with HYIP, Cloud Mining, and Pyramiding scheme sites then you are familiar with their structure and grabbed images from the internet, arBBot has the same thing on what you will see on scam sites as they have different pricing from different packages which is funny as they are guaranteeing a maximum profit for each one, the most expensive claims to give you "unlimited" amount of profit. Another thing is you will notice that all scam sites have the same template on how their sites flows.

[Lovecove]

That's a site that was screaming scam when you look at the domain. They couldn't afford the .com, so they picked the .net keyword... nice.

Be careful of trading bots, and only trust the ones with a reputation. Did you hear about the Binance "hack" a few months ago? It wasn't even a hack. It was just a significant amount of people using a 3rd party bot that decided to steal their coins from binance.... so yeah.

Probably the best thing to do would be to code your own bot. It's cheaper and it's more or less more effective.

[timerland]

On the day of the bot profit is 5-30%

That should have been the first warning sign that you encounter. No way in the world is a small site with a poorly designed UI going to be offering a minimum of 5% per day profit, realistically speaking. You can tell straightaway from that that it's either a ponzi, or a scam altogether that doesn't even try to be a ponzi.

Arbitrage in itself is a legitimate thing, but this bot is definitely fake. No one has ever heard of it, yet it offers such advanced levels of control and profitability? And why are they selling this, if they can make 5-30% per day themselves?

Seems like a total of 0.31 BTC was sent to the address that you provided, let's hope that nobody else falls for this.