Hey there, everyone, welcome back to our channel
Today, we're uncovering the truth about thrownexcess.com, revealing it as a scam targeting people interested
in cryptocurrency and digital asset investments, trading, and exchange. If you're into crypto or thinking about diving in, this video is a must-watch
Let's get straight to the point. Platforms like thrownexcess can turn your crypto dreams into nightmares with scams like
fake initial coin offerings as DOs, worthless crypto investments, pumpkin dump schemes
and false promises of high returns. In the end, you'll probably lose your money
How platforms like thrownexcess trick people? Let's find out. False promises. They claim to help you make money by investing and trading cryptocurrencies, offering market
insights, training, and portfolio monitoring. High returns. They lure clients with promises of great returns
They might pay some initial investors, but the whole system will collapse because it's
a Ponzi or pyramid scheme. Referral programs. They offer incentives for bringing in new members
Typical pyramid scheme tactics. Withdrawal issues. They make it hard to withdraw your money, often requiring you to deposit more first
… and a refund. There's never a money-back guarantee. Account blocks. Many similar platforms have scammed members by blocking their accounts, making it impossible
to get your money. If you've already fallen victim, getting a refund is nearly impossible
If you think you've fallen for this scam or want to avoid such scams in the future
here's what you can do. Document everything. Take screenshots of your thrownexcess account, transactions, and conversations
Print them out if necessary. Legal advice. If you've lost a lot of money, consulting a lawyer could help
Consider a class-action lawsuit with others who've been scammed. Report the scam
Inform relevant authorities and share your experience. Change passwords. Update all passwords for payment methods used with thrownexcess
Prevention is better than cure. So you can follow these tips to avoid falling for scams like thrownexcess
Verify contact info. Check if they have a valid physical address. Phone number and email
Watch for errors. Be cautious of websites with spelling and grammar mistakes
Misspelled domain names or those mimicking well-known brands. Privacy policy. Genuine websites have clear privacy policies and terms
Secure URLs. Look for h's in the website's URL. Check reviews. Read customer reviews and ratings, especially the negative ones
Celebrity endorsements. Be skeptical of claims that celebrities endorse them. These are often fake
Realistic returns. If it sounds too good to be true, it probably is
Trust seals. Genuine sites have clickable trust seals from companies like McAfee, Norton, or BBB
Safe payment methods. Avoid platforms that only accept unsafe payment methods like gift cards or wire transfers
Personal info. Be cautious if they ask for too much personal information
Unknown emails or ads. Don't click on links in suspicious emails or ads
Regulation check. Verify the platform's regulation and license status on financial authorities' websites like the SEC
Given all these red flags, thrownexcess is clearly a scam and we don't recommend using it
But we know opinions can differ, so please share your experiences with thrownexcess in the comments below
Your insights can help others stay safe. If you found this video helpful, make sure to like, share, and subscribe
Let's work together to make the internet a safer place. Don't forget to hit that notification bell so you never miss an update
Stay safe and see you in the next video