WaterMine Exit Scam Complete, Website Pulled Offline, Investors Left Hanging

Looks like Watermine decided to completely pull the plug recently making their website go offline…

There was rumors that Watermine was suppose to come back in July and resume their payouts but I guess that went out the window.

When you visit “watermine.io”, you will notice the website has been completely offline:

In my original Watermine review I did call out this company early on and said it was a ponzi scheme.

When any company that isn’t completely transparent about who runs or owns the company and have no proof of external revenue, 100% of the time it’s just a ponzi scam.

Probably with ponzi scams is they lure their investors by paying out in the beginning, but when new recruitments slow down they pull an exit scam on their investors when they least expect it.

For Watermine, it all started when they had issues paying out their investors out of the blue after turning off their two step verification system.

Next, Watermine claimed it got hacked which is convenient because they just turned off their two step verification system a few weeks prior to this message.

They were apparently working on a solution but then out of the blue they decided to call it quits.

Anyway, for the people who invested there is no way for them to get their money back because no one can be held accountable.

I hope that people learn from this going forward when it comes to joining any company.

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