Is grovestion-365.sbs a scam?

Item: grovestion-365.sbs
Rating: 1
Author: Stingray Security

'LIKELY SCAM'

Risk: HIGH

Website Screenshot

Overview

This is a very new, AI-claiming crypto trading site with strong indicators of possible pig-butchering fraud—especially the combination of automatic trading, fast onboarding, and minimum deposit. There are no material indicators of legitimacy, and several red flags common to known scam operations.

Similar Sites Detected

This site shares a visual template with 5 other flagged sites, suggesting a coordinated scam network.

Why We Think This Is A Scam

Domain extremely new—registered about 3 hours ago—which undermines any trust/track record claims.

Claims 'AI-powered digital trading' with promises of effortless growth ("Let AI handle your trading — grow your portfolio with minimal effort")—classic language for unlicensed, high-risk investment scam pitches.

Signup pitch pushes 'Sign up in 30 seconds and start today!' with a minimum deposit ('Begin AI crypto trading for just 250!') and no mention of regulation, risks, or verifiable company details.

Mentions of 'Regulated financial trading partner logo and compliance certification' in image alt text, but no actual verifiable regulatory details provided—a common deceitful tactic.

Heavy emphasis on AI, automation, and fast/secure investing, which aligns with pig-butchering scam narratives and is not backed by demonstrable credentials.

Form collects full personal information without providing any verifiable legal entity details (company registry, address, etc).

No substantiated team info, business address, or independent social proof.