Topic: Coincity-ex.com: is it a scammer? - page 4. (Read 951 times)

38000 euro is a lot of money, this is unbelievable,  you should have known that any platform that ask for money in order to release money is almost 100 percent scam.
How can you even deposit such a huge amount of money to a platform you are just using for the first time??
This is really a disaster.

My advice to you now is that you let your wife know about this current situation if she's not already aware,  you both should contact all relevant agencies to see if there's anything they can do to help you recover this money back,  but I highly doubt,  we are looking at a 25/75 situation here.
25 percent is the possibility of money being recovered.
And 75 percent is the possibility that the money is gone forever.

I pray you get help and that luck smiles on you and your wife.

Excuse me. I didn’t want to hide the amount. I lost 38000€ and for me it is a disaster. They were all my savings collected with my wife.

Hello
Again I am very sorry for your loss.
It seems that you lost a large amount in the scam that happened to you. Why don't you tell us how much money you lost so that we can help you because if the amount is small, there is no point in communicating with these agencies because you will lose more than the lost amount in the form of fees for the service.
I do not expect that there are those who have previous experience with one of these agencies because their clients are usually companies and financial institutions that want to track one of the transactions or addresses, and I do not remember that I read about a person who was able to communicate with one of these agencies and succeeded in recovering his money.
The Italian police or the Hong Kong police are the ones who can communicate with one of the agencies to track these operations and this is their duty.

Hello,
Another question
I spoke with Binance the suggested me to contact an agency that look for the traces of cryptovalute
I wrote them and they said I can contact one of these link to find help
Please seek a consultation with a Digital Asset Recovery/ Cryptocurrency Fraud Investigations service. Below is our list of recommended organizations:
@ CyberTrace [email protected]
BlockTrace < https://www.blocktrace.com/  based in Texas
CipherBlade https://cipherblade.com/
CoinStructive https://coinstructive.com/ based in California
CNC Intel https://cncintel.com/”

Do you know them. Is it a good chance?
Thank you 🙏

This person, that I knew on LinkedIn, is surely involved in the scam.

This is the person you should report to the police as he might be involved into this scam and knows who the website owner is. I hoe you know him personally and he is not just a random guy you met on the Internet.
I couldn't find any information about the company (license, location..) on their about us page and since they used namecheap then they've mostly registered the domain name anonymously.
Don't trust anyone who contacts you saying he can help you recover your money.

On the other hand, I'm not sure any company information presented on the website is real insofar as they are scammers. All the police need to do is monitor the deposit addresses and hopefully one day they will sweep the balance and end up on a centralized account address.

From my PC, their default language is Korean

I think you're correct report on HongKong police since the website is using Chinese language, maybe the another option is Taiwan, I doubt it's China since they're ban all cryptocurrency related. Maybe you can wait until the HongKong police already take an action about your case, so you will know which thing you need to do next. They could no have any idea with crypto and might ask you to contact crypto lawyer, the thing is there's many scammer out there.

Because the ID is located in Hong Kong and the person that suggested me to invest there said that Coincity is located in Hong Kong.  Which police should I report to? Do you find an address? I thank you for your help.

I agree with you, because the first look at the page reveals that it is an amateur work, especially all the links that should lead to social networks or "about, user support..." behind which there is a blank page. It is hard for me to believe that someone thinks it is logical to invest in something that is so poorly presented that it literally warns of a scam.

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Is there a special reason why you are contacting the police in HK? The domain is registered on namecheap and the real owner is hidden according to the information I can see...

I thank you for your competence and kindness. 🙏 I sent all my transactions to Italian Police and to Hong Kong Police. They have all the numbers of the transactions from Binance to Coincity

No problem. Most of us aren't native english speakers, so sometimes things go wrong during translation

As for getting your money back: i'm afraid crypto transactions are irreversible...
Getting your money back will involve law enforcement. You can help them a little bit by tracking transactions and hoping they don't pass a mixer and end up on a KYC exchange, but your odds are very (very) slim i'm afraid.

Anyways, i hope you get lucky.

I explained badly, excuse me. I am sure that it is a scam. I went one month ago to Italian postal police and I wrote to Police of Hong Kong too. I only said that the site was working.
I wished to know if there were a possibility to recover my money, at least a part. I thank you all for your very  interesting comments.

It works so well they got your initial deposit AND managed to squeeze you for the money for "tax" and it looks you're still not convinced this is a scam... Or at least, that's the feeling i get from your response.

It's quite simple: you're responsible for your own finances. We all warned you about all the red flags and the typical scam behavior. If you value the layout of that site over our experience, you could always just ignore our warnings and proceed... There's nothing stopping you. The only thing you cannot expect is us condoning a site that exhibits many of the red flags of a typical scammer.

Maybe you get lucky (and we got it wrong), but i seriously doubt it... All in all, there's nothing more to say...

I wish you good luck, and i hope you won't lose any more money than you already did!

The site works well. All the functions are ok. I see my earned money as “frozen” and the money for the taxes “available”

I'm afraid your money is gone. Click on any button at the bottom of the landing page and you will see that they do not work, a poor quality website is always a red flag.

If they ask you to pay first (which won't be deducted in your balance) in order to withdraw, it's a scam + their reasons were ridiculous lmao. In the future, avoid no-one-has-ever-heard-of exchanges like this.

Two things you may wanna check:

1. if the loss is tax deductible, for instance see: https://koinly.io/guides/ (I'd consult a CPA to be extra sure)
2. recovery chances are extremely low but another thing to try is to see if your coins went to a centralized exchange using a block explorer that tags known addresses e.g. oxt.me for bitcoin, etherscan.io for ETH - if the coins did, you would need to involve the authorities.

They will not pay you even if you fulfill the "tax" request. I wonder what made you fall in love with investing in a completely messy site's page?
Check out the following sites and you understand that you are being scammed.
https://bitget-coin.com
https://www.ftplus-en.com

But if i read your posts correctly you DID invest with them, but when you wanted to withdraw they asked you for more money to pay for "taxes" (eventough they could have used  part of your money they already had), and you DID pay those "taxes".  Then they apparently still didn't want to release the funds (because you say your friend had to help you?) and now they're asking a ridiculous amount of money as a "warranty".

Now ask yourself: why would they need cryptocurrency as a "warranty" to give you your own money back? There simply isn't any reason to do so... If they were legit, they would have taken the taxes from your money they already had access to, and maybe they'd force you to go trough a KYC procedure... There simply isn't any reason to ask for more money, cause this will prove nothing... What would they be doing? You give them $20k, they then proceed to give you your own money back and the $20k extra? Is having $20k a sign of honesty? For them, asking such an amount would prove nothing and it would solve nothing... The only thing it solves is their scam methodology.

There are multiple red flags here:

• continuously asking for more money because they won't release your money if you don't pay them more money first (pro tip: if somebody asks you to pay money in order to get money, it's 99,9999% certain that it's a scam)
• domain is only 89 days old
• hidden whois info

I can be wrong, but after looking at that site, it was pretty hard to navigate, the wording seemed strange to me, the proceeds seems relatively high... All in all, i'm pretty sure this is a scam. You're free to do whatever you want, but if it was my money, i'd go straight to the cops and i certainly wouldn't give those guys any more money.

I didn’t pay. The platform is still working you can find it as www.Coincity-ex.com