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Is a cryptocurrency scam? The Truth Exposed (Update 2024) is a platform that presents itself as a crypto-mining company, persuading investors to purchase mining contracts for digital currencies.
This is a user-generated post. Gripeo does not take responsibility for accuracy of any statements made in this post. is a platform that presents itself as a crypto-mining company, persuading investors to purchase mining contracts for digital currencies.
Before we get started with this review
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You can help us put a stop to online scams before they grow too big and end up ruining thousands of lives. A scam is a scam, doesn’t matter if it’s big or small. Now that this is out of the way, let’s get started with the review.

Online investment has grown into heavy scams which need to be highlighted to protect the investment assets of new & inexperienced investors. So, today I want to bring a fake website, into the spotlight to make you all aware of it. A Brief Overview

In the realm of digital currencies, the allure of lucrative returns has enticed many investors toward cryptographic mining companies. However, not all glitter is gold. This article is a meticulous investigation into a company known as, unraveling the dubious practices and elements of fraud that have left many investors in dismay. is a platform that presents itself as a crypto-mining company, persuading investors to purchase mining contracts for digital currencies. However, beneath the glossy exterior lies a murky reality that has left numerous investors with losses and disappointments.

Our Methodology

We look at 34 different data points when analyzing and rating online money-earning opportunities. Once the research on these data points is submitted, expert contributors reach out to the company’s customers and associates to get more insight into their operation. Finally, all the collected information is presented in the form of this expert review.

All the data is extracted from publicly available information and the sources are given in the transparency section at the bottom of every report.

These reports are made possible by the collective efforts of contributors like you. If you would like to become a contributor then contact us here.

11/12/2023 Update
As of now, has not responded, nor has it apologized for its misdeeds. They have ignored our efforts to highlight the problems faced by their victims. Furthermore, they have only focused on propagating their fake PR.

The Facade of High Returns

Promises of Profitability lures investors with promises of high returns from Bitcoin mining. It’s not uncommon for investors to part with substantial sums of money, expecting to reap exponential profits. However, these promises often turn out to be empty, leaving investors with nothing but regret.

A Web of Excuses

When it comes to delivering the promised Bitcoin, falls short. Investors often find themselves entangled in a web of excuses, with the company asserting that Bitcoin mining is unavailable due to technical glitches, upgrades, or other incongruous reasons.

The Reality of Zero Returns

The Vanishing Bitcoin

Investors who have purchased mining contracts often find themselves in a predicament where the promised Bitcoin never materializes. Despite shelling out hundreds of dollars for mining power, the expected returns remain elusive.

The Absence of Profitability

A common narrative among disgruntled investors is the absence of any profitability from their investments. Despite the passage of years, not a single cent materializes from their mining contracts, casting a shadow over the credibility of

The Duplicitous Practices

In addition to Bitcoin, also offers mining power for other digital currencies. However, these coins often hold negligible value, making the mining contracts virtually worthless. employs deceptive sales tactics to lure investors. They are often coaxed into purchasing additional products and services, which seldom deliver any tangible value.

The Unresponsive Customer Service

Investors often find themselves in a quandary, with their concerns and queries falling on deaf ears. The customer service at is notorious for its unresponsiveness.

The Ignored Tickets and Queries’s customer service is characterized by ignored tickets and unaddressed queries. Investors seeking clarifications or solutions often find themselves stuck in a loop of indifference and neglect.

The Non-existent Refunds

Investors who have requested refunds for their undelivered Bitcoin often find themselves waiting indefinitely. Despite repeated requests and reminders, the refunds never come through. Reviews: Scams Exposed by Clients & Victims

I have discovered that what is the impact of services provided by on the person who invested their money & assets in this company. So, let’s go through the reviews posted by clients for this company.

#1. is a scammer
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As per the above complaint of the investor, he mentioned Genesis is a forex scam company.

Genesis is a completely brutal company that engages in FX fraud. He made a substantial investment in this company after hearing the sales pitch of their workers and spending over $120. His login credentials had been frozen as a result, making him unable to access the website. 

Currently, he is deeply regretting it. He was fortunate to have encountered the recovery specialist, whose name appeared in his headline, who was able to reimburse him for his lost investment and advise them of any scams.

#2. has a bad customer service
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Here, in the comment above the customer is complaining about the customer service of, that it is not responding. The customer had invested in in 2017 & his contract got expired in 2019. 

For this, he asked the customer service of the company to update his wallet details yet the company’s customer service section didn’t reply to him. The customer is still confused to know that how to get connected with the company as he needs his assets back to him.

At the same time, I would like to draw your attention to the evaluations of other features of the company that the customer has rated like Service, Value, Shipping, Returns, Quality, etc.

The actual point to be noted is that the customer is warning us to be careful of this company & its investments.

If you have sensitive information or have had a personal experience with but want to stay anonymous, then submit it using our secured form. You can connect with our expert contributors and help in finding the truth. We never share your information with 3rd parties.

#3. is a cheater!

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Here in the review mentioned above, the customer is unsatisfied with the services of The customer allegedly provided them $800 to mine Bitcoin. Instead of giving him mining power for Bitcoin, they offered him a variety of other products and attempted to market him those instead. 

However, no mining power was ever delivered, and there was no Bitcoin. kept making up excuses like Bitcoin was broken, not yet available, being improved, or any other variety of nonsensical reasons why he wasn’t getting what he paid for.

#4. Genesis Mining is a Fraudster

image 130

Here, in the above comment, the client bought the cloud-mining contracts in 2022, which were all set to expire in 2023. Despite this stage, the customer didn’t receive any amount in the form of compensation. 

At this point, he declared to be a fraudulent company. He advises us to be careful of such firms like that are untrustworthy & unreliable for any kind of investment.

#5. is a scam

image 131

In the above comment, I can pick lots of points that are leading the customer to frustration related to customer service of the company. Let me explain you in my terms. 

Here in this case the customer is suffering from customer service issues as he is not getting a suitable response to his emails from the company. IT teamwork in the company is simply going slow on his complaint. He didn’t get the promised payouts from the company.

At last, the client is advising us to avoid as it is a fake & untrustworthy investment link.

The Scam: A Summary has been at the center of numerous complaints and allegations. The company’s modus operandi involves luring investors with promises of high returns from Bitcoin mining, only to leave them with worthless coins and empty pockets. The absence of returns, coupled with unresponsive customer service, paints a grim picture of’s operations.


Get Your Money Back Suspicious

If you have been scammed by, then you can get justice by sharing your complaint with us. We will connect with you experts and journalists who will help you get your money back and get heard by the right people.
It is strongly suggested that you do your own research before spending money online. This is a user-generated report.

Investors are strongly advised to exercise caution when dealing with The company’s practices raise several red flags, and the plethora of investor complaints further corroborates the dubious character of this platform.


In the world of cryptocurrency, due diligence is of paramount importance. While platforms like may promise lucrative returns, investors need to scrutinize these claims critically. In the end, the allure of high profits should never blind one to the reality of potential scams.

At last, I don’t have much to say about, now it is clear that their site is untrustworthy to invest the money as their platform is not suitable to go for it. But definitely, I do have some screenshots of various rating sites that will highlight my points:

image 132
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Is a cryptocurrency scam? The Truth Exposed (Update 2024)
Is a cryptocurrency scam? The Truth Exposed (Update 2024)

Michael Whitaker
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