TLDR
Site sells 'crypto trading bot' subscription ($199 2000/mo) promising 5 30% monthly via 'proprietary AI'. Bot does nothing, runs random trades, or signals push victim into pump dump. Often white label of free MetaTrader EA. Indicators: (1)...
How it works
Site sells 'crypto trading bot' subscription ($199 2000/mo) promising 5 30% monthly via 'proprietary AI'. Bot does nothing, runs random trades, or signals push victim into pump dump. Often white label of free MetaTrader EA. Indicators: (1)...
Red flags
- Urgent pressure to click, pay, or share codes immediately.
- A link or sender that does not match the official organization.
- Requests for card data, passwords, OTPs, wallet signatures, or bank transfers.
What to do
- 1Indicators: (1) backtested results only (no live audited trades on Myfxbook/3Commas); (2) Trustpilot reviews in 2 week window; (3) refund 'after 90 days only'; (4) bot's API requires withdrawal permission (legitimate bots NEVER need it); (5) ads on Instagram/TikTok 'lifestyle' creators.
Source
FAQ
Is Trading bot subscription fraud — '500% guaranteed' AI bot a real scam pattern?
Yes. Treat the message, call, or payment request as suspicious until you verify it through an official channel.
What are the first warning signs?
Urgent pressure to click, pay, or share codes immediately.; A link or sender that does not match the official organization.; Requests for card data, passwords, OTPs, wallet signatures, or bank transfers.
What should I do first?
Indicators: (1) backtested results only (no live audited trades on Myfxbook/3Commas); (2) Trustpilot reviews in 2 week window; (3) refund 'after 90 days only'; (4) bot's API requires withdrawal permission (legitimate bots NEVER need it); (5) ads on Instagram/TikTok 'lifestyle' creators.
Can LegalAudit check my case?
Yes. Start a free chat and paste the message, link, sender, or payment details for triage.