We Looked at the Evidence: Is Floamix Legit or Scam?

Recently, Floamix.com service appeared, promoting itself as a place where you can securely keep cryptocurrency and other assets. I managed to gather reliable supporting information that clearly reveals it is, in fact, a deceptive site.

Contrary to the claims of Floamix.com, they won’t ever give back your money. Despite the numbers displayed in the “member area”, there is absolutely no ability to withdraw even a single penny. All pledges regarding crypto rewards are hollow as well.

It is better to prevent, than repair and repent!

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Floamix Scam Overview

The primary offering that Floamix aims to provide is a secure and user-friendly crypto wallet service. The site pledges exchange services, tools for handling wallets, transfers, dashboards, and alike functions. In truth, they try to emulate the functionality of a crypto trading platform, akin to Binance or Coinbase. However, it in fact only serves as a cover needed to deceive the cautious.

Floamix Scam

Initially, Floamix mimics the layout of multiple similar pages. There are quite a few examples, like Elonxcoinz, Foxechange or Exfitex. They are totally undistinguishable in terms of graphic elements, with small discrepancies in the webpage header. Other particulars, and at times even crypto wallet addresses, are identical. Probably, all these scam online platforms are operated by the same team of fraudsters.

Cryptocurrency Scam Summary

How the Floamix Scam Works?

Floamix is yet another webpage within a extensive network of linked crypto fraudulent platforms. The managers employ different brand names and websites, like Floamix.com, to trap victims. Nonetheless, these fraudulent websites have in common identical website designs, terms of service, and About information. This reveals their beginnings as a part of the same fraudulent network, which endorses the same mode of fraud under different appearances. The deceivers just duplicate the identical fraudulent site under diverse names to fool users into assuming they are enrolling a fresh venture. However, in reality, it’s the same system of fraudsters orchestrating the fraudulent pledges and efforts to seize deposited money. The operators shrewdly employ psychological strategies and captivating invitations to execute their unscrupulous plots.

Step 1: Spreading

To start the fraud, criminals set up and fill accounts on well-liked social media platforms. They generally aim at Facebook, Instagram, Twitter, and TikTok. Subsequently, the advertising campaign commences. Employing bots and paid promotions (when feasible), scam actors increase the visibility of their scam activities to possible victims. This strategy permits them to cast a broad net and interact with their targeted audience. The latter commonly comprises of cryptocurrency enthusiastic individuals searching for prospects to earn profits.

Users obtain an incentive to sign up, attracted by the assurance of getting crypto prizes valued at hundreds of dollars, all for free. To augment the attractiveness of the offer, fake suggestions of sponsorship by a celebrity are incorporated. As you may guess, these claims are completely baseless.

Step 2: Gaining Traffic

People who demonstrate interest visit Floamix.com via links included in advertisements or bot-generated posts. The site utilizes captivating visuals, design features that appear authentic, and claims of having a valid license, all designed to project an initial perception of reliability.

Step 3: Data Gathering

To redeem their benefits, users need to actively set up an account on Floamix and receive prompts to provide sensitive and private data during the sign-up process. This comprises linking their cryptocurrency wallets, revealing email addresses, specifying phone numbers, furnishing identification papers, and more.

Step 4: Requesting funds

Once registered, users notice significant amounts of cryptocurrency, valued at thousands of dollars, within their Floamix wallets. Nevertheless, as it usually happens with such rewards, you can’t withdraw them prior to topping up your account. Typically, a deposit of $100 is asked to get the sign-up bonus. This prerequisite serves as the snare that ultimately culminates to the money loss.

Step 5: Disappear

The moment the funds transfer is made, the deceivers cease all interaction. They proceed to bar users, erase accounts, and vanish with both the deposited money and essential personal information. The fabricated benefits persist perpetually uncredited, as they lack actual existence. They operate purely as a fraudulent strategy. This method forms the foundation for the scammers’ ability to deceive victims and steal hard-earned funds through their deceptive online crypto scheme.

Signs of Scam

I gathered several facts that point at the scammy nature of the Floamix.com. Actually, there are a lot of scams that fall under the same points, so they are pretty much universal.

• Unsubstantiated Credibility. Floamix employs fraudulent celebrity endorsements, often featuring names like Elon Musk, Jeff Bezos, Mr. Beast, and Mark Zuckerberg. These false claims extend to fictitious partnerships with reputable entities like Coinbase, Binance, or MetaMask, despite the absence of genuine connections.
• Implausible Earnings Claims. Promising remarkable returns of 50-100-200%, Floamix exploits the longing for quick profits. However, such gains are unrealistic within the volatile cryptocurrency landscape, unequivocally identifying Floamix as a scam.
• Dubious Corporate Information. Floamix arouses suspicion by providing inadequate documentation about ownership, location, and registration. Furthermore, the lack of legitimate contact information and the recent registration of domain and social media profiles deepen skepticism.
• Exclusive Cryptocurrency Payments. Floamix.com solely accepts payments in cryptocurrencies, refraining from traditional bank transfers and other payment methods. This approach not only shrouds the company’s identity but also prevents the possibility of requesting refunds.
• Potential Pyramid Scheme. The scam relies on a Ponzi-like referral structure disseminated through social media. Nevertheless, only initial participants profit, often at the expense of funds brought in by subsequent members.
• Groundless Hype Tactics. Floamix utilizes fabricated claims about non-existent events, such as securing contracts with Coinbase or receiving endorsements from Elon Musk. This manipulative strategy aims to foster belief in money returns and encourages individuals to top up their accounts again.

What Should I do as a Victim?

If you had to deal with Floamix site and fell victim to that scam, there are still some steps to take. They will make further scam attempts harder, and also boost the knowledge about that scam among folks.

• Immediate Reporting. Your initial step should involve promptly notifying local authorities specializing in financial fraud. Extend your reach by reaching out to wallet providers and engaging with social networks’ technical support teams. These actions serve to raise the bar for the scammers’ operations.
• Share among Friends. Amplify your efforts by informing your close friends about the scam. Similar to informing authorities, this dissemination of information restricts the scammers’ potential victim pool.
• Preserve Crucial Information. Compile a comprehensive evidence archive by capturing screenshots and archiving all relevant website-related data. Collect the website URL, screenshots of the main page, login interface, end-user license agreement (EULA), account top-up menu, and wallet addresses. These records could provide vital clues for authorities in their pursuit of the scammers.
• Exploring Refund Options. While most banks’ refund policies may exclude cryptocurrency payments, it’s advisable to explore potential refund avenues under specific circumstances. Maintain hope until you obtain confirmation of the loss.
• Transform Loss into Knowledge. Turn your financial setback into an opportunity for growth. View your loss as an investment in understanding the strategies employed by crypto scam sites. Familiarize yourself with their telltale characteristics, the methods they employ to entice individuals, and the extravagant promises they make. Equipped with this insight, you’ll be well-prepared to spot and evade future traps without suffering additional financial setbacks.

Scan your system for possible malware infections

Beware of cross scams! Scam actors can use your trust to make you download some stuff or interact with certain documents. It may be a trap that installs malware to your system. There are no moral barriers or limits for these scoundrels.

Throughout the duration of the scam, rascals may get in touch with you with particular documents. Alternatively, they may propose you to set up “cryptocurrency wallet applications” or “browser extensions” to simplify access to your crypto savings. As we previously figured out, these rascals have no plan of returning your capital. So, what can these email messages and browser add-ons represent? You guessed – that is another element of the deceptive plan designed to throw you into willingly installing malicious software onto your device.

Both plugins and files attached to emails can function as a carrier for diverse malicious software. In this situation, I foresee the presence of spyware and stealers among all types of malware. While it is not obligatory for scammers to distribute malware, the probability is always above zero. As noted, their conscience is of negligible importance, and their reputation is already deeply compromised. They have no scruples to give up and aim to boost profits.

Remove spyware with Gridinsoft Anti-Malware

We have also been using this software on our systems ever since, and it has always been successful in detecting viruses. It has blocked the most common malicious programs as shown from our tests with the software, and we assure you that it can remove spyware as well as other malware hiding on your computer.

To use Gridinsoft for remove malicious threats, follow the steps below:

1. Begin by downloading Gridinsoft Anti-Malware, accessible via the blue button below or directly from the official website gridinsoft.com.

2.Once the Gridinsoft setup file (setup-gridinsoft-fix.exe) is downloaded, execute it by clicking on the file.

3.Follow the installation setup wizard's instructions diligently.

4. Access the "Scan Tab" on the application's start screen and launch a comprehensive "Full Scan" to examine your entire computer. This inclusive scan encompasses the memory, startup items, the registry, services, drivers, and all files, ensuring that it detects malware hidden in all possible locations.

Be patient, as the scan duration depends on the number of files and your computer's hardware capabilities. Use this time to relax or attend to other tasks.

5. Upon completion, Anti-Malware will present a detailed report containing all the detected malicious items and threats on your PC.

6. Select all the identified items from the report and confidently click the "Clean Now" button. This action will safely remove the malicious files from your computer, transferring them to the secure quarantine zone of the anti-malware program to prevent any further harmful actions.

8. If prompted, restart your computer to finalize the full system scan procedure. This step is crucial to ensure thorough removal of any remaining threats. After the restart, Gridinsoft Anti-Malware will open and display a message confirming the completion of the scan.

Remember Gridinsoft offers a 6-day free trial. This means you can take advantage of the trial period at no cost to experience the full benefits of the software and prevent any future malware infections on your system. Embrace this opportunity to fortify your computer's security without any financial commitment.

Trojan Killer for “spyware” removal on locked PC

In situations where it becomes impossible to download antivirus applications directly onto the infected computer due to malware blocking access to websites, an alternative solution is to utilize the Trojan Killer application.

There is a really little number of security tools that are able to be set up on the USB drives, and antiviruses that can do so in most cases require to obtain quite an expensive license. For this instance, I can recommend you to use another solution of GridinSoft - Trojan Killer Portable. It has a 14-days cost-free trial mode that offers the entire features of the paid version. This term will definitely be 100% enough to wipe malware out.

Trojan Killer is a valuable tool in your cybersecurity arsenal, helping you to effectively remove malware from infected computers. Now, we will walk you through the process of using Trojan Killer from a USB flash drive to scan and remove malware on an infected PC. Remember, always obtain permission to scan and remove malware from a computer that you do not own.

Step 1: Download & Install Trojan Killer on a Clean Computer:

1. Go to the official GridinSoft website (gridinsoft.com) and download Trojan Killer to a computer that is not infected.

2. Insert a USB flash drive into this computer.

3. Install Trojan Killer to the "removable drive" following the on-screen instructions.

4. Once the installation is complete, launch Trojan Killer.

Step 2: Update Signature Databases:

5. After launching Trojan Killer, ensure that your computer is connected to the Internet.

6. Click "Update" icon to download the latest signature databases, which will ensure the tool can detect the most recent threats.

Step 3: Scan the Infected PC:

7. Safely eject the USB flash drive from the clean computer.

8. Boot the infected computer to the Safe Mode.

9. Insert the USB flash drive.

10. Run tk.exe

11. Once the program is open, click on "Full Scan" to begin the malware scanning process.

Step 4: Remove Found Threats:

12. After the scan is complete, Trojan Killer will display a list of detected threats.

13. Click on "Cure PC!" to remove the identified malware from the infected PC.

14. Follow any additional on-screen prompts to complete the removal process.

Step 5: Restart Your Computer:

15. Once the threats are removed, click on "Restart PC" to reboot your computer.

16. Remove the USB flash drive from the infected computer.

Congratulations on effectively removing spyware and the concealed threats from your computer! You can now have peace of mind, knowing that they won't resurface again. Thanks to Gridinsoft's capabilities and commitment to cybersecurity, your system is now protected.

Frequently asked questions

The truth about Floamix

Name: Floamix

Description: Cryptocurrency scams continue to increase as digital assets achieve mainstream adoption. A recent example of such a scam involves Floamix, a fraudulent crypto exchange that entices victims with promises of free crypto giveaways. This detailed article will extensively examine the operations of the Floamix scam, techniques for recognizing it, and, most crucially, ways to evade becoming a victim.

Operating System: All

Application Category: Crypto Scams

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