Is Pivotcoinhub Fake or Real?
Why is Pivotcoinhub Fake?
Pivotcoinhub is a website that claims to be ‘the world’s most secure cryptocurrency exchange’. The site was reported to me by the victim of a Recovery Scam.
They were asked to deposit Bitcoin into this website by the fake recovery company e-assetsretrieval.org. After depositing the Bitcoin, the company demanded even more money to recover the lost funds.
*Update* It has been brought to my attention that e-assetsretrieval.org has since shut down and is now operating under names such as e-fundreclaim.com and e-assetsretrieval.com.
Funnily enough, I found several other sites making the same claim, including a site called Splendidcoinhub that is an exact copy of Pivotcoinhub. Therefore, both these sites have probably been created using a cheap template and are obviously not professional.
A domain name lookup of the website shows that it was registered on 1st February 2020. The registrant’s details such as name, location and contact details have been hidden using a paid service. Therefore, it is a relatively new website that is being operated anonymously.
The same lie is repeated on the Terms and Conditions page. Further, this page also contains fake details about an Australia-based company. The same company information can be found on at least 4 other websites, all of which may be scams. The list is given at the end of the article.
Pivotcoinhub does not seem to have a social media presence. There are social media icons given on the website but these are fake as they lead nowhere. The outdated template used by these scammers also has the icon of Google+ which has been dead since 2019.
The only contact details given on the website are two email addresses. They were both found to be working, however, the site does not contain any real information about the company such as a phone number or address. Therefore, the only way to contact them is by email.
There are a few reviews for Pivotcoinhub available on TrustPilot. These reviews reiterate the same scam mentioned by the victim who contacted me. Pivotcoinhub is being used as a middle-man site by recovery scammers for accepting Bitcoin payments from victims.
It is quite obvious that Pivotcoinhub and the 5 similar sites are all scams. Pivotcoinhub is set up to act as a middle-man site for accepting Bitcoin deposits by crypto recovery scammers. Crypto simply cannot be recovered except in the rarest of cases and anyone who tells you they can do it is most likely a scammer.
Pivotcoinhub is a relatively new website created in February 2020 and is being operated anonymously. The website falsely claims that it is run by a company based in Australia. The same information can be found on at least 4 other sites, all of which are scams.
Pivotcoinhub does not have any social media presence and the only way to contact them is by email. It is advisable to avoid depositing Bitcoin in Pivotcoinhub or any of the similar sites, as they are nothing but fronts for recovery scammers.
Read this article to know why crypto cannot be recovered from scammers.
Remember: If something seems too good to be true, it probably is.
To read about other Investment Scams, click here.
If you found this information useful, please consider supporting my work.
List of websites using the same content as Pivotcoinhub
If you have been a victim of an investment scam, you can take the following steps:
- File a complaint with the payment portal. However, investment scammers mostly use methods such as Bitcoin, Western Union, MoneyGram and other untraceable methods which make refunds impossible.
- File a formal police complaint with the Cybercrime department.
- Leave a negative review on review portals such as Scamadviser and TrustPilot
- Report the website to Google using the Suspicious Site Reporter extension for Chrome
- Give a low rating to the website on Web of Trust. You can also install their extension for the same.
- If the company has a listing on Google My Business or Google Maps, file a complaint using the Business Redressal Complaint Form. Also, leave a negative review explaining what kind of experience you had.
- Report the scam site to web filtering companies.
Disclaimer: This review is intended for information only and should not be relied on when making financial or business decisions. If you are a website owner and would like to provide clarifications regarding your business and/or website, please get in touch using the Contact Form.