What if we tell you that you can make $13,000 within 24 hours guaranteed if you buy one product?
Alas! With this, you could be a millionaire in just a few months.
However, you must be a little skeptical about this as it doesn’t sound realistic at all. But one such online investment vehicle, Bitcoin Loophole, promises exactly the same on their sales page.
A Quick Introduction To Bitcoin Loophole
Bitcoin Loophole is one of the worst scams in bitcoin history.
It is mainly a cryptocurrency trading software that is supposed to complete trades for you automatically.
This scam promises to pay you $13,000 in just a matter of 24 hours with no risk, no experience and no skills required. All you need to do is drop $250 into their trading broker to activate the software.
Launched online in September 2017, the Bitcoin Loophole website is geo-blocked in certain countries.
How Does Bitcoin Loophole Work?
The program claims that you can quickly get rich using their automated trading platform. There’s only one thing that you have to do on your part; drop a bunch of money into their account, and the platform will return it with more money.
Another interesting thing is that Bitcoin Loophole claims that the system it works on never fails to generate profit. They claim that the automated trading platform beats the market on 123/126 trades.
It’s certain that no such platform in the world offers success like this. Even if someone created a platform capable of making 60 times Return of Investment in just 24 hours, why would they share the program with the world?
There’s no evidence that Bitcoin Loophole’s magical automated trading platform even exists. So simply, the company will take your money and disappear like a ghost.
Steve McKay: A No-One Behind Bitcoin Loophole
The only name attached to this automated trading platform is Steve McKay. He is the one who presented Bitcoin Loophole before the world.
And you know what? The name Steve McKay is a pseudonym. That’s what scammers do to remain anonymous. You will never find any personal information or location about this guy.
A cherry on the cake is, the Facebook (NASDAQ:FB) page and website of Bitcoin Loophole are filled with fake images and testimonials from people claiming to have made millions of dollars through this platform.
The testimonials are accompanied by stock images, and a reverse Google (NASDAQ:GOOGL) image search proves that.
Indeed, Bitcoin Loophole is one of the worst scams on the internet. It promises to pay you $13,000 every 24 hours through its magical automated trading software.
Well, the platform doesn’t really seem to exist at all, and there’s no evidence of anyone earning money using Bitcoin Loophole.
Based on all the information and research online, Bitcoin Loophole is a definite investment scam. If anyone promises you to pay lots of money requiring no risk, work or experience, then it’s 100% that you are being scammed.