We’ve been alerted to a scam involving the fraudulent website fasteth.io. A victim reported losing $2,124 after connecting their Coinbase wallet to a so-called mining pool hosted on this site. The victim experienced unauthorized transactions, sending their funds out without permission just two days after receiving initial rewards. Despite not sharing any recovery phrases or sensitive information, the victim’s account was compromised through this connection. If you come across fasteth.io or similar offers, please be cautious and avoid engaging with this site. Always double-check the legitimacy of any platform before connecting your wallet.
Domain Analysis
The domain fasteth.io was registered on April 10, 2024, through NameCheap, Inc., and will expire on April 10, 2025. It is hosted by Amazon Technologies Inc., specifically through their AWS EC2 service in Frankfurt am Main, Germany. Due to its scalability and reliability, this is a common hosting choice for many websites, legitimate and otherwise.
One concerning aspect is using a privacy service provided by Withheld for Privacy ehf, which hides the registrant’s information. While this is not inherently suspicious, it can be a red flag when combined with other indicators of fraudulent activity, such as the victim’s reported experience.
From an SEO perspective, fasteth.io exhibits almost no presence. It has an extremely low authority score of 2 and ranks for no significant keywords. The domain has virtually no organic or paid search traffic, suggesting it is very new or deliberately kept under the radar. The six backlinks it does have are of questionable quality, mostly from obscure or irrelevant sources, further indicating that the site is not well-established or reputable.
The absence of substantial organic traffic and dubious backlinks indicate that fasteth.io is not a legitimate, well-maintained website. These factors and the victim’s experience of unauthorized transactions suggest that this domain is being used for malicious purposes, likely as part of a scam operation.
Fasteth.io Reviews
The domain fasteth.io is no longer operational, confirming suspicions about its legitimacy. Reports from various sources, including the California Department of Financial Protection and Innovation (DFPI), detail how this fraudulent site operated under the guise of a cryptocurrency mining platform. A victim, “John,” manipulated users into believing they could earn significant profits through Ethereum mining using fasteth.io.
Victims were instructed to pay a “miner’s fee” and were encouraged to invest more funds to increase their supposed mining returns. However, after making these payments, victims could not access their funds, and the site eventually went offline. The DFPI explicitly categorizes fasteth.io as a fraudulent trading platform, linking it to a notorious scheme known as “pig butchering.” This scam typically involves prolonged deception, where fraudsters build trust over time, convincing victims to invest significant amounts before disappearing with the funds.
Additionally, when attempting to visit fasteth.io now, users are greeted with a notice stating that the domain is for sale, listed at $3,911. The site’s affiliation with Dan.com, a domain seller, further indicates that fasteth.io is no longer a functioning website. The combination of these elements—the abrupt disappearance of the website, reports of financial loss, and the domain being listed for sale—solidifies fasteth.io’s status as a fraudulent entity.
These reviews and reports are a stark warning to anyone considering engaging with similar platforms. The experiences of those who fell victim to this scam underscore the importance of thorough research and caution when dealing with online investment opportunities.
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The Bottom Line Regarding Fasteth.io
After thoroughly analyzing fasteth.io, it’s clear that this domain was created with fraudulent intent. The reports of victims losing substantial amounts of money, coupled with the sudden disappearance of the website, strongly indicate that fasteth.io was a scam. The domain’s lack of organic presence, its brief operational period, and the fact that it is now listed for sale further reinforce this conclusion. Anyone who encountered fasteth.io or similar platforms should consider their interactions highly suspicious and likely fraudulent. This case serves as a critical reminder to exercise extreme caution when engaging with online investment opportunities, especially those that seem too good to be true.
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