Avoid Ponzi Scheme with Unrealistic Returns - KEYNODE[.]NET

What happened:: A Newbie member promoted a suspicious staking platform that is a clear Ponzi scheme. The platform offers high and completely unrealistic returns on a number of cryptocurrencies, For example, they claim 3000% annual returns on Ethereum, providing a daily return of 2.1% with a minimum investment of $100K for 13 days. Most cryptocurrencies require a minimum investment ranging between $100K and $150K. In addition to what ABCbits pointed out ^[HERE] about they claim to offer BTC staking despite BTC using PoW rather than any variant of PoS. They also have taken over this old domain that was created in 2012 to show people that they are old entity and have long experience, but if we check Archive.org, we will find that they updated the retired domain only on 2024-08-04.

Scammers Profile Link: https://bitcointalk.org/index.php?action=profile;u=3683345 | FLAG

Reference Link: [Exceptional Staking Experience with Keynode[.]net] - [ARCHIVED]

Quote

KEYNODE[.]NET

| ARCHIVED

Quote

Domain Name: KEYNODE[.]NET
Registrar WHOIS Server: whois.gname.com
Registrar URL: www.gname.com
Updated Date: 2024-08-06 (5 Months -17 Days)
Creation Date: 2012-04-18
Registrar Registration Expiration Date: 2025-04-18
Registrar: Gname.com Pte. Ltd.
Registrar IANA ID: 1923
SOURCE: https://www.domainiq.com/domain?Keynode.net#/whois

Additional Notes:
Avoid these platforms that promise unrealistic returns and beware of these new members who have no activity history and target the crypto community with their fraudulent schemes.

Topic: Avoid Ponzi Scheme with Unrealistic Returns - KEYNODE[.]NET (Read 50 times)