Bitcoin Loophole is a bitcoin investment scheme found online at BitcoinLoophole.com. Find out everything you need to know about this scam today in our review.
What Is Bitcoin Loophole?
Bitcoin Loophole is one of the most obvious scams we’ve seen in the bitcoin industry over the past few months. The scam promises to pay you $13,000 in 24 hours with no risk, no skills, and no experience required. You’ll quickly earn your “financial freedom” – and all you need to do is pay someone a bunch of money.
The program is presented by an actor named Steve McKay. McKay claims anyone can get rich quick using this bitcoin investment scheme.
Bitcoin Loophole launched online in late September 2017. The website is geo-blocked in certain countries.
How Does Bitcoin Loophole Work?
Bitcoin Loophole claims you can get rich quick using their automated trading platform.
All you need to do is deposit a bunch of money into that platform, and the platform will turn it into even more money. With just a small initial investment, you can earn a guaranteed daily profit of $13,500. You’ll be a millionaire before the end of the year.
What’s even more amazing is that Bitcoin Loophole claims their system never fails to generate a profit. They claim that in an average 24 hour period, their automated trading platform beats the market on 123 out of 126 trades. They earn profits on 123 trades while losing on just three trades.
Obviously, there’s no trading platform in the world that offers success like this. Even if someone did create a platform capable of making 60 times ROI every 24 hours, there’s no chance they would share that program with the world.
We have no evidence that Bitcoin Loophole’s magical automated trading platform exists. As far as we can tell, the company will just take your money and disappear.
Who’s Behind Bitcoin Loophole?
The only name attached to Bitcoin Loophole online is Steve McKay, who introduces the platform at the official website. Steve McKay is likely a pseudonym. Typically, the people who create these scams want to remain anonymous – which is why they use generic names like Steve McKay without revealing any type of personal information.
The Bitcoin Loophole Facebook page and website are filled with fake testimonials from people who claim to have made millions of dollars through the platform. These testimonials are accompanied by stock images. Despite the fact that these people claim to be millionaires, WHOIS data shows us that the Bitcoin Loophole website only appeared online on September 22 2017.
Like other bitcoin scams, we expect Bitcoin Loophole to promote itself over a few days or weeks before shutting down abruptly when it has scammed enough people. That’s why the founders reveal no personal information or location info online.
Bitcoin Loophole Conclusion
Binary options trading scams have been around for 5+ years. Today, with the rise of bitcoin and cryptocurrencies, the scam artists who promoted binary options trading have moved onto cryptocurrency trading. That’s why we’re seeing more scams like Bitcoin Loophole.
Bitcoin Loophole is one of the worst and most obvious scams we’ve seen on the internet in recent months. The scam promises to pay you $14,000 every 24 hours through a magical automated trading platform. That platform doesn’t appear to exist, and there’s no evidence anyone has ever earned money using Bitcoin Loophole.
Based on all the information we can find online, Bitcoin Loophole is a blatant investment scam. If someone promises to pay you lots of money online with no risk, experience, or work required, then you’re being scammed 100% of the time.