We recently received a disturbing complaint about an elaborate cryptocurrency scam on Render.com involving the website https://bityardbitcointrading-zu7e.onrender.com.
Render.com is a cloud platform that allows developers to build and deploy applications, websites, and other services easily. It provides a streamlined environment where developers can host full-stack applications, static sites, APIs, databases, and more without the complexity of managing infrastructure. Some of the key features of Render include automatic scaling, SSL certificates, zero-downtime deployments, and built-in security measures.
Render aims to make the deployment process more accessible and user-friendly by abstracting much of the backend infrastructure work, allowing developers to focus on their code. It’s famous for hosting web apps, backend services, and serverless functions. Essentially, Render offers an all-in-one platform for hosting modern applications and can be an alternative to platforms like Heroku or AWS, with a balance of ease of use and flexibility.
Unfortunately, fraudulent actors might abuse platforms like Render to quickly and easily deploy fake websites. This is the case of the scam complaint we will cover in this article, where the site hosted on render.com was used for deceptive purposes.
Brian Young & bityardbitcointrading-zu7e.onrender.com
Using the alias Brian Young, the scammer contacted the victim under the pretense of assisting with cryptocurrency investments. What started as an enticing opportunity quickly turned into a nightmare when Brian persuaded the victim to link their Trust Wallet to this fraudulent platform. Through this connection, multiple transactions in Bitcoin (BTC) and Ethereum (ETH) were sent to the scammer’s wallets, leading to significant financial losses.
The scam unfolded in several stages. Initially, the scammer maintained frequent communication, creating a false sense of security and trust. After the victim sent several transactions totaling over $55,000 in Bitcoin and Ethereum, the scammer continued to engage with them, asking for additional payments under the guise of various fabricated reasons. One such claim was a supposed IRS tax obligation amounting to $54,000, which they demanded to resolve the “issues” on the victim’s account. The platform itself, although fraudulent, was designed to appear legitimate, offering a false interface where users could view their “investments” and account balances, further perpetuating the illusion of authenticity.
Our investigation revealed some alarming details about the flow of these transactions. The victim reported sending 8 BTC and 2 ETH in total, with the last transaction amounting to $8,829.65. Our analysis showed that these funds were traced to cashouts on major cryptocurrency exchanges, including Binance, KuCoin, and Bybit. The scammer likely took advantage of these exchanges to obscure the origins of the stolen funds.
One of the most concerning aspects of this scam is how seamlessly the scammer blended trust-building tactics with the technical sophistication of a fake cryptocurrency platform. It is important to recognize that legitimate investment platforms will never request that you send cryptocurrency directly to a wallet or demand additional payments for “taxes” or other fees without transparency or proper documentation.
The Bottom Line Regarding Render Scams
In conclusion, after reviewing the details of this complaint, it is clear that this is a well-executed scam.
Get in touch with our affiliated Cryptocurrency Forensic Specialists at CNC Intelligence for free by filling out the form below.
The scammer’s actions align with common tactics seen in crypto frauds, where trust is manipulated to extract funds over time.
The use of fake platforms, continuous communication, and requests for further payments are all hallmarks of a sophisticated con.
Always stay vigilant, especially when dealing with cryptocurrency investments, and remember that no legitimate service will ever demand payments in such a suspicious manner.
If you have fallen victim to online scams, please comment below. If you have suffered a substantial financial loss, do not despair. We can help you trace your lost funds!
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