'Double Your Bitcoins' Scam Description
How would you react if a stranger stops you on the street and offers to give you 10 dollars in exchange for just 1? You would think that this sounds too good to be true, and it is most likely a hoax. Well, the people behind 'Double Your Bitcoins' scam are nonetheless trying to swindle people out of their hard-earned money through exactly this type of scheme.
Visitors who land on the dubious website are presented with a seemingly enticing offer. If they send between 0.1 and 10 Bitcoins to the provided BTC wallet address, they get between 1 and 100 Bitcoins back, a tenfold increase of the initial sum. At the current price, 0.1 Bitcoin is worth close to $1080. The tricksters state that this will be a one-time offer to create a sense of urgency while a progress bar supposedly shows how many Bitcoins are left.
However, none of the claims found on the 'Double Your Bitcoins' scam website are true. Users should simply ignore it and, under no circumstances, send any amount of money to the BTC wallet.
Usually, people do not open fraudulent websites such as 'Double Your Bitcoins' scam on accident. In most cases, they are being redirected by either misleading advertisements, other shady websites, or if there are Potentially Unwanted Programs (PUPs) present on their computer. So, if you see either the 'Double Your Bitcoins' scam or any similar websites, it might be an excellent action to scan your computer with a reputable anti-malware program and remove any suspicious applications it might detect.
The text of the 'Double Your Bitcoins' scam website is:
'To verify your address, just send from 0.1 to 10 BTC to the address below and get from 1 to 100 BTC back!
Note: You can participate only once
You can send BTC to the following address.
Click here to view address transactions live
Copy Address to Clipboard
Waiting for your payment
Still waiting for transaction? Click HERE
Once we receive your transaction, the outgoing transaction is processed to your address.
Every address that is sent too late, gets their XRP immediately sent back.'