he crypto market has recently seen the rise of a suspicious new player: Fleet Mining. While the company promotes itself as a global, reliable cloud mining service, investigations reveal that it is actually a fraudulent operation using fake documents, partnerships, and data to deceive investors.
The 9 Million Users Claim and the Truth
Fleet Mining claims to have over 9 million registered users and offers each new member a $10–$100 welcome bonus. At an average of $50 per user, this would mean over $450 million in giveaways—an amount that has no presence in the crypto market. This makes the claim completely false and misleading.
Fake Mining Packages
The platform promises that users can earn between $10 and $300,000 in fixed income through its mining packages. Such guaranteed returns are unrealistic and are a classic hallmark of crypto scams.
The Fake “Latest Transaction” Section
On its website, Fleet Mining features a “Latest Transaction” section. However, none of these transactions exist on the blockchain. They are simply fabricated data designed to trick potential investors.
Fake Partnerships
Fleet Mining falsely claims partnerships with top crypto exchanges such as Binance, Bitstamp, Kucoin, Kraken, Gate.io, Upbit, OKX, Bitfinex, Huobi, Coinbase, and Crypto.com, even displaying their logos.
But after direct verification, these exchanges confirmed that they have no affiliation with Fleet Mining and labeled the company as a fraud.
Fake Documents and Company Details
Fleet Mining also showcases documents like a “Business License,” “Share Certificate,” and “EIN Tax Number.” Upon inspection, these were found to be manually edited PDFs with no legal validity.
The company lists the following details on its site:
- Fleet Asset Management Group
- Company Number: 20201618371
- Date of Establishment: July 20, 2020
- Address: 1225 17th St, Denver, CO 80202, United States
These details are entirely fake. No such company exists at this address or under this registration number.
TrustPilot and ScamAdviser Results
- TrustPilot reviews for Fleet Mining are all fabricated using fake accounts.
- ScamAdviser scores Fleet Mining just 1 out of 100, marking it as a high-risk scam site.
Sponsored Articles to Build Credibility
Fleet Mining tries to appear legitimate by publishing sponsored content on various crypto media outlets. These promotions cost between $200 and $600 and promise investors “up to $10,000 in daily stable income.”
Examples of sponsored articles include:
These articles are nothing more than paid advertisements aimed at luring investors.
Telegram Outreach for Exposure
The company also uses Telegram, where its representatives contact crypto news websites to pay for sponsored content. This allows Fleet Mining to cheaply promote itself and attract more unsuspecting users. In reality, no investors receive payouts.
What Is Cloud Mining?
Cloud Mining allows users to mine cryptocurrencies without owning hardware, instead renting computing power from third-party providers. While legitimate cloud mining exists, it has become a popular cover for scam companies like Fleet Mining.
What Is a Mining Scam?
A Mining Scam is a fraudulent scheme where companies promise high returns through mining services but never deliver. Investors pay upfront, and the company eventually disappears with their funds.
Conclusion: Investors Beware
Fleet Mining has only been active for about one month, yet it is already exposed as a scam operation built on fake users, fake documents, fake partnerships, and deceptive advertising. Crypto investors should avoid platforms like this at all costs and always verify company legitimacy before investing.
