As of a few hours ago, Forrise has collapsed. The company’s website has been pulled offline although social media channels are still up.

Instead of admitting Forrise was a Ponzi scheme that ran out of money, the scheme’s owners have come up with a “DDOS hacked” exit-scam.

Forrise’s website went down twelve hours ago, which the company explained was the result of a DDOS attack.

Whilst simultaneously urging their investors to “not panic”, Forrise’s anonymous admins’ exit-scam was well underway.

Six hours after the initial announcement, Forrise advised it was closing.

Dear partners, we regret to inform you all a sad news!

After the ddos attacked today, forrise limited will be closing its doors for good, due to the massive damage in our database, we will no longer continue.

The announcement makes no sense, as DDOS attacks have nothing to do with databases. And even the smallest companies’ websites are routinely backed up.

As part of their exit-scam, Forrise are asking gullible affiliates to contact them about getting their initial investment back.

The catch is Forrise are charging a 10% fee, which after paying you’ll of course never hear from the admins ever again.

While Forrise is believed to operate out of Eastern Europe, the majority of the company’s investors are from the US (Alexa).

🤖 Quick Answer

What happened to Forrise?
Forrise, an investment platform, collapsed after its website went offline. The company announced closure following a claimed DDoS attack that allegedly damaged its database. Investigators identified the shutdown as an exit scam, with anonymous administrators abandoning the platform while investors lost their funds.

How did Forrise justify its closure?
Forrise attributed its shutdown to a DDoS cyber attack that purportedly caused massive database damage. The company announced closure through a statement claiming inability to continue operations. Analysts determined this explanation was a pretext for an exit scam orchestrated by the platform's administrators.

What is an exit scam in cryptocurrency?
An exit scam occurs when operators of an investment scheme abruptly shut down operations and disappear with investor funds. Perpetrators typically fabricate explanations such as cyber attacks or technical failures. This fraudulent practice leaves investors with total financial losses and

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