Recently, another alleged case has been added to the increasing number of fraudulent activities in the crypto currency sector. A cloud mining platform called ALR Miner is trying to attract attention from investors by offering attractive profit rates. However, the information obtained and the “evidence” presented by the platform raise serious doubts about whether this platform could be a fraudulent attempt.
High Profit Promises and Familiar Tactics

A common method used by scammers, promising high returns, is frequently used by ALR Miner as well. The platform offers various investment packages, promising the opportunity to earn high profits in a short time. However, it is known that such promises are usually unrealistic and are used to lure investors into a trap.

False Partnership Claims and Reputation Exploitation
Another striking point on the ALR Miner website is the claims of partnerships with leading companies in the sector. The logos of giant companies such as Google, Binance, and Crypto.com are featured in the platform’s “Our Partners” section.

However, whether these claims reflect the truth is a big question mark. As a matter of fact, such fake platforms do not hesitate to use the reputation of well-known brands to increase their credibility.
Inflated User Numbers and Fabricated Data Center Claims

The information in ALR Miner’s “About Us” section is also highly suspicious. According to the platform’s claims, it has over 8 million active users and operates in 160 different countries. It is also stated that they have 30 state-of-the-art mining centers. However, there is no concrete evidence for these numbers and claims, and such exaggerated statements are usually a tactic used by scam networks.
ALR Miner – Invalid and Fake License Documents

Another method frequently used by fraudulent cloud mining platforms is providing fake or invalid license documents. When the license document on the ALR Miner website is examined, it appears to be a questionable document of the kind frequently encountered in many similar fake platforms. Although such documents are presented to gain the trust of investors, they usually have no legal basis.
Crypto Investors Must Be Careful!
In light of this information, crypto currency investors need to be extremely cautious about platforms like ALR Miner that promise high profits and provide suspicious information. It is crucial to thoroughly research the reliability of the platform before investing and to verify the claimed partnerships and license information. Remember, opportunities that seem too good to be true are usually for fraudulent purposes.
Being aware of fraudulent activities in the crypto currency sector and staying away from suspicious platforms will prevent investors from becoming victims.