Topic: Exodus + n.exchange = SCAM! 1 BTC Stolen! (Read 292 times)

They have been using it for a year now + switching to another exchanger (this is also their company)
They are strict with the rules, but they are not scammers. They hold funds using their own rules, which users do not read. And so there everything can be resolved any dispute. In addition to the recalculation of transactions (our client had just one of these tickets), we asked for a refund, but for selfish reasons and profit, without listening to us, they continued the exchange at the 2023 rate, although BTC increased x2.5 times)

Thanks, I can now see their exchanger on the English version of BestChange though it's disabled at the moment (https://www.bestchange.com/nexchange-exchanger.html). I think this is probably due to the ongoing disputes. I can see a couple of recent reds on the Russian version of the exchange monitor.

What still confuses me is why they don't use their profile link and instead use that of another exchange... unless of course if it was an error or if they are sister exchanges.

write reviews on Google n.exchange. Yes, they have an adapter for viewing another exchanger (this is also their property), https://www.bestchange.ru/nexchange-exchanger.html?review=2484391 (Here is the direct link if you need it)

I meant in general: don't invest more than you can afford to lose. I'm not going to predict the market (but I have my hopes up!).

Somebody, help me get this right. I tried checking bestchange, but I don't seem to see n.exchange listed there, but instead on their website (https://n.exchange/partners-and-media) i see a link from the bestchange banner leading to another seemingly different exchange (https://www.bestchange.com/yoa-exchanger.html)
are n.exchange and yoa.ltd the same?

F you 😘!
Right before bear market? We are near to the halving this year. Everyone is expecting $100k party and you already started to talk about bear market LOL

That's exactly the strategy I follow. I even go below 0.1 if we are considering 1 Bitcoin.

Hello again, write to me in a personal message, let's talk, your dispute in the bestchange is higher than ours, but we returned the funds, and before that we also received funds, many cases and practice, if you are interested. do not think that they will return it to you without permission, you need to act. We have review forums on the dark web.
I couldn’t write to you because your PM is closed
Valerei Ukrain   178.133.77.*   6 april 2024 18:57. Below is our ticket about non-compliance with the return.

Thank you all for your sympathy and criticism! Yes, I don't know much about investing. And I didn’t even know that exodus uses third-party exchangers. I was told that this was a good wallet and I thought everything was happening inside it.

I didn't mean it to be political, these are just facts. The exchanger throws money regardless of territorial affiliation.

In fact, n.exchange tries to look like a European exchange, but it is not one. If this is not the case, let them show that the frozen coins have been taken out of circulation, and for each case they have drawn up some documents. But we know that this is not so. Stolen coins are in circulation, bought and sold. And according to European laws, which they use to justify their blocking, this is theft, money laundering and tax evasion. All this applies to Exodus and N.exchange. Anyway they will have to answer.

We are dealing specifically with selective scam, as the gentleman above said.
In this case, the management of Exodus and n.exchange clearly agreed among themselves, dividing responsibilities in such a way that the AppStore and PlayMarket did not delete the wallet. This was clearly planned. Otherwise, Exodus would have reconsidered its relationship with the exchange service long ago.

In any case, they are scammers. If it were a matter of real KYC and AML, then the exchanger would not hide its legal data, and the wallet would not cover it.
But I'm not going to despair. They committed a crime and that is a fact. More than 100 cases of fraud against people from different countries.
In the near future, both the management of the wallet and the management of the exchanger will face big problems with the law. And the only reasonable option for them is to immediately pay off debts to users. In any other case, they will lose both business and freedom.

In this case, it isn't. But if you invest all your savings into crypto right before a bear market, you're risking too much.

I'd limit it to the amount I'm willing to risk. If you have 1 Bitcoin, I wouldn't send 0.1 to an unknown exchanger. That could be more than enough for them to start selective scamming.

It appears that this is a similar situation with casinos and sportsbooks where we should go through KYC first to know if our identification cards and documents are accepted by the service before making our first deposit. This will be certainly true if the exchange is something not very familiar to the community. What is this n.exchange? I have not heard of this.

Yes, exodus probably get a load of portion on it being the affiliate who redirected their users to those shitty exchange. Idk if there is a warning first before the user getting redirected to external links outside their wallet. The worst part is the exchange ask KYC in which most instant exchange from those wallets never ask, well, we're talking an none DEX exchange so what do you expect.

In my opinion, the OP is a victim of the bad management, lack of knowledge and decided to go with a wrong exchange for him. It's not about the investment in Bitcoin.

If the OP had experience then he would not go with the whole amount to exchange. In my case [I am sure many others too] when I need cash I don't send all my stash to one exchange. Maximum 1/10 or even less. I understand when I am sending the coin to a third party, anything can happen. So when I send something, I keep it in mind that I can lose it. But if I lose it I am still okay with rest of my stash and next time I will not use the same exchange.

This has been going on for years:
It sounds more like the classic selective scamming

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It's not going to help you now, but it may prevent other victims in the future, so I'm going to point out the mistakes you made:
Bitcoin is high risk (and can give a high reward). You shouldn't invest more than you can afford to lose, and putting all your savings in Bitcoin means risking everything.
Phone wallets, or any hot wallet for that matter, should only be used for small amounts. Anything more than that should be in cold storage, or a hardware wallet.
You bought Bitcoin but decided to bet against Bitcoin. You can't time the market.
I've never used this wallet, but this could have been avoided by not using a hot wallet.
You should never entrust any exchange with a significant amount of money, especially when the exchange is anonymous.

Good luck!

The images should be readable now without going to the link in a separate window.







I have not used exodus wallet but I am assuming you are talking about those tabs, or links to swap or exchange using a third party. I do not see exodus has anything here to do for you. It's between you and the exchange.

This will be wild to guess but reading though your post, I can assume that you are a political victim so far. I might be wrong.

Hi, everyone!

Financial disput against Exodus and n.exchange for 1 bitcoin!

https://i.ibb.co/9hZFwGf/17.png
https://i.ibb.co/F57DBcr/22-23.png
https://i.ibb.co/JyrnTMb/30.png

I want to share a situation I found myself in.
I believe that the Exodus wallet and the n.exchange exchange are thieves who deliberately block and appropriate user funds! And that's why:

I'll present 3 screenshot. There are 30 letters in the chain. All correspondence has been saved and will be published if necessary.

I will first describe the situation briefly for those who do not have time to read.
I live in Ukraine. Due to frequent moves, I decided to transfer all my savings into cryptocurrency and bought 1 bitcoin. I received it on my phone using my Exodus wallet. After some time, friends advised me about the fall in the exchange rate, I decided to exchange it for USDT in order to try to buy it cheaper later.
I clicked exchange in the wallet, after which, without any explanation, the wallet immediately transferred me to the exchange tab. After sending the bitcoin, I did not receive the USDT.
Wallet support replied that they were not responsible for exchanges and that they should write to n.exchange, although at that time I had no idea who they were.

On April 8, 2023, I passed verification. Submitted documents, including bank statements, tax return, ID, registration in Bucha and confirmed the face ID through the application. I was told that the documents were being verified, and still a year later they have not answered whether they have completed the authentication check! The whole year! Instead, they continue to drag out time.
In addition, the exchanger:
-hides the registration location
-the site lacks mandatory legal information
-there is no company address on the website
- the exchanger does not comply with the laws of which jurisdiction it is governed by
-the exchanger does not answer how long it will hold the funds
- the exchanger simply promises to contact and respond later and remains silent
-Exodus support refuses to help resolve the issue, although this is primarily their fault
-there are more than 80 financial claims in the bestchange rating, most of which are not closed
-bestchange management transfers the claims to neutral status and the exchanger continues to rob people, at the moment only the last two claims are active
-the exchanger clearly evades paying taxes
- the exchanger regularly blocks users under the guise of European legislation, in most cases without returning funds. At the same time, he continues to use the seized cryptocurrency!!!
-the exchanger is actually not European, but Russian, just like its management and support
-the exchanger did not show a drop of compassion, despite the severity of the situation

The lawyer is now preparing documents for Europol and more. Unfortunately, this cannot be done quickly, because I am fighting, defending Ukraine, and often without communication. In the meantime, I want to highlight this situation to protect users from these thieves!

03/14/2023
I wrote to exodus support. I was redirected to n.exchange support.
The exchanger required verification to complete the exchange.

03/15/2023
I asked to cancel the exchange and return the funds. Exodus, when you click on the SWAP button, never warned you that it was using third-party exchangers. I also did not warn that funds could be blocked.
And in general, at the moment I am a Ukrainian soldier and I am defending my country!
I would never intentionally contact an exchanger that robbed so many people!

I was told that to pass I still need to go through KYC.
03/17/2023
I explained the situation, that my house was destroyed by the war (Kharkov is even now being intensively bombed by the invaders), that I have problems with the Internet. And that I am in a state of shock, because they took my last money.

This didn't work.

Why didn't I want to go through identity verification? I come from Bucha. Since the beginning of the war he lived in Kharkov, because the apartment in Bucha was under occupation and repairs had to be done, for which there was no money left.
The n.exchange exchanger is actually owned by Russians. I thought that verification was dangerous.

04/08/2023
After a meeting with a lawyer, I finally passed the verification. Because The money must be returned at any cost, I simply have no other savings left.
Passed:
Face verification through a mobile application.
Documents proving identity and registration. The exchanger knows that I come from Bucha and did not show a drop of compassion!
Tax return for last year, confirming the legality of ownership of such an amount of money (at that time, 1 bitcoin was worth about $26,000).
Screenshots of translations, etc. I couldn't provide it for several reasons.
1. I bought bitcoin at an exchanger for cash.
2. due to constant bombings and confiscated savings, I had to move often and two phones were broken during this time
3. Since 2022 I have been a volunteer, and in 2023 I joined the army to defend my country and during this time I had one shell shock, which is why I experience some memory problems

The exchanger replied that the documents were being checked.

04/21/2023
I asked if the check was completed

The exchanger replied to wait

05/18/2023
They told me that the exchanger belongs to Oleg Belousov. Information about him will be below. I asked if the blocking was related to the fact that I am a Ukrainian volunteer? I also discovered that the Russian exchanger continues to exchange rubles, despite the sanctions imposed by the entire civilized world.

They told me that the documents were still being checked.

05/20/2023
I asked what the maximum verification period is and the laws of which jurisdiction the exchanger is governed by. I also asked where their office was located, because... There is no such information on the site.

They told me that the documents were being examined.

05/23/2023
I wrote that the examination is not a problem and that I am ready to communicate via video link if necessary.
The exchanger replied that he would report the result and continued to remain silent.

07/05/2023
After more than a month, I asked about the results of the audit.
The exchanger continued to stall for time.

08/14/2023
I asked again about the results of the check
And he said that I would contact the police

The exchanger again did not answer any of my questions and began again to demand screenshots that I do not have.

I draw special attention to the fact that they did not answer me about the results of the check! Although I provided enough documents, including a tax return from my bank account.

06.12.2023
I explained to the exchanger that I did not want to have anything to do with him, that I got it by accident from the Exodus wallet and that I had provided enough documents for KYC. I demanded the return of the bitcoin, otherwise I will describe this situation and file a statement with the police.
Why haven't you submitted it yet? I'm fighting to defend my country. Traveling out of the country is closed for men.
When the situation changes, I will definitely come to the exchange office with the police. Unless, of course, they have an office.
If it happens that I do not return from the war, then my relatives or a lawyer will come with the police.

The exchanger replied that he would convey the problem to the team and provide updates.
Another 4 months have passed since then...

What do we end up with? I was robbed. They don't want to return it. They are stalling for time.
I have confirmed my identity and am not hiding.

During this time, Bitcoin has grown. And I really need it to restore my home and help my loved ones. I'm afraid that they won't give it to me. And I’m afraid that they may pay it back at the rate that was at the time of blocking. Although the conversation was about canceling the exchange and they are obliged to return 1 bitcoin and not USDT. And this has been going on for a whole year.

These were my last savings, now I only have a small military salary left.
I would be glad for any help in resolving the issue!

some information for other victims:

Oleg Belousov
Born in 90, from the Russian Federation, also has Israeli citizenship
https://www.youtube.com/watch?v=zDk3xE3ZvzI

Company in Lithuania

https://rekvizitai.vz.lt/ru/company/nexchange_solutions/

Participation in 4 companies

https://find-and-update.company-information.service.gov.uk/officers/p2x2l_jjjyWaewLoGhBMxUjooDU/appointments

Address in Germany

https://uk.linkedin.com/in/beoleg?trk=people-guest_people_search-card

https://www.bestchange.ru/nexchange-exchanger.html
Negative review. Yesterday we deceived a person on a course for $6,000 under the guise of KYC.
And behind it there are many more claims that are simply transferred to neutral status by the bestchange administration.