Imagine making thousands of dollars from a $250 investment. This is what Vortex Genesis AI promises. claims to use artificial intelligence technology ‘“revolutionary trading algorithms’ to give traders idea on what crypto assets to trade in.

The platform claims it is integrating pleasant trading environment with the finest technology, that can easily be used by both beginners and experts. They also claim people can quickly and securely invest and make money digitally through using their AI expert.

Sadly, all these are fake promises. In the reality, Vortex Genesis AI was set up to take money from newbie traders and crypto enthusiasts.

Is The Vortex Genesis AI a Scam?

Though looks legit, it is actually among a chain of fraudulent websites posing as AI crypto platforms.  The scammers behind this scheme create multiple websites eg -Immediate Peak, Immediate Nexus, Immediate Connect, Immediate Edge, Immediate Momentum, etc.

They target people who’ve little or no knowledge of cryptocurrency eg- the old, and very young, then get them to sign up.

The victims get lured to start trading with a minimum deposit which they exchange for some coins. However, the scammers manipulate the platform such that users are shown high profits for each investment they make.

When it’s time to withdraw the profits, users would be pulled into a long con; told to pay a processing fee, after which Vortex Genesis AI would stop all communications.

Vortex Genesis AI Red flags

No Regulatory Watch Dogs Watching Over This Platform is NOT LICENSED by any financial regulatory body. Cryptocurrency trading platforms are considered money service businesses (MSBs) by the U.S. Treasury and must register with the Financial Crimes Enforcement Network (FinCEN). Many states also have requirements for cryptocurrency trading websites to register.

However, when we checked the registration list, we discovered it is not registered. Hence, any deposit you make with them is a huge risk.

No Physical Address or Company Information

Vortex Genesis AI has no physical business address. There is a no address or company details provided on the website. This shows that the website is not trustworthy and cannot be reached if the users see need to do so.

Recently Launched was only registered in March 2024. This means the platform lacks reputation and can easily shut down anytime soon.

No Customer Support

Aside from the contact us form on the website, there’s no telephone number. There is neither an email address nor phone number provided on the website. This simply means there is no information with which you can contact the platform.

Just like missing addresses, no customer service phone number is a sure indicator of a scam trading platform. Fraudulent trading websites might display messaging-app phone numbers, but these are easy to fake and easy to change. It’s also common for scam sites to only offer live chat (often a chat-bot), email addresses, or “contact us” web forms. But when scams are exposed, the websites disappear, along with any way of communicating with them.

What To Do If You’re a Victim

Don’t fall for Crypto Recovery Frauds

Having lost your money to Vortex Genesis AI, you might be approached by a Crypto Recovery Company. Cryptocurrency recovery services promise to recover crypto funds that have been lost or stolen, however majority of them are scams.

The only legitimate crypto recovery services are those that help you recover cryptocurrency that you own, like recovering private keys from damaged hard drives. Any “recovery service” that claims to use hacking methods, or charges an upfront fee, is a scam.

Report The Scam to Authorities

The first step you should take is to report the scam to the appropriate authorities. This could include local law enforcement, the FBI, or the Federal Trade Commission (FTC). Reporting the scam helps to alert authorities to the problem and may also help them to identify and prosecute the scammer.

Contact Your Cryptocurrency Wallet Provider

You should contact the cryptocurrency exchange or wallet provider that you used. They may be able to freeze the scammer’s account or take other measures to recover your lost funds.

How To Spot Crypto Scams

Offers High Returns & Giveaway

One of the warning signs of a scam crypto trading site is high returns and crypto giveaway. It is just a tactic to pull people in and make them lower their guards. Everyone loves the idea of making huge rewards, so the scammers are exploiting this angle of human error.

Uses Celebrities To Endorse their Platform

Often times, scam crypto sites uses fake endorsement from celebrities like Elon Musk, Mr. Beast, etc. They do this by using  AI deepfake parodies. Victims might think Elon Musk or Mr. Beast is the one in the video, but the video has been manipulated. Never trust giveaways, even if they appear to be endorsed by celebrities. Remember, videos can be manipulated.

Unprofessional Trading Platform

One thing common with scam crypto sites are grammatical errors, spelling mistakes and poorly constructed claims. This of course cannot be seen in professional crypto sites like Binance and the rest.

Fake About Us Claims

The scam sites often claim to have been operating for a long time, sometimes as long as 5 years. However, when you use (a domain checker tool) to check how old the website is, it often shows that the website was registered few months or weeks ago.

No Means of Contacting Customer Support

Another indicator is the lack of a working telephone number, email address or even physical address on the website. In most scenario, you’d see a live chat support option, but this only leaves you to the mercy of the scammers. They can chose to reply you or not.

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By Judith Davidson

I am Judith Davidson, a Cyber Security Professional. I am the founder, Investigator and Author of I started working as a Cyber Fraud Researcher in 2019 when I saw lots of people falling victims to fraudulent websites pretending to sell disinfectants, masks and wipes during the Covid19 pandemic. Since then, I've saved millions of people from online scams.

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