Topic: EXODUS + N.Exchange = SCAM | STAY AWAY (Read 591 times)

AHOYBRAUSE, All claims that become hostages of not reading the rules and conditions of this exchange office.
I think a sane person, before sending an amount, no matter 1k$ or 65k$, should check the AML request from the exchanger and verify his funds.
We had a request where a person was stuck with $1,200)
This is not an exchanger that imposes verification because of the amount, but specific rules that either did not read or did not know about the high-risk cryptocurrency

Lucius, or I can sell this information if you have enough money =D
And you can already make it publicly available to users.
This is not associated with 1 exchange office, but is suitable for exchanges and all exchangers with AML|CTF tags.

Lucius, So do you need proof of my competence or a free story about how to act!?
Naturally, I will not reveal all the tricks and methods to the masses, this is my bread, but about reviews and so on, I can post threads if the policy of this forum does not prohibit it or give screenshots from forums with reviews, where the subject of my work can be reasonably seen

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Lucius, or I can sell this information if you have enough money =D
And you can already make it publicly available to users.
This is not associated with 1 exchange office, but is suitable for exchanges and all exchangers with AML|CTF tags.

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AHOYBRAUSE, All claims that become hostages of not reading the rules and conditions of this exchange office.
I think a sane person, before sending an amount, no matter 1k$ or 65k$, should check the AML request from the exchanger and verify his funds.
We had a request where a person was stuck with $1,200)
This is not an exchanger that imposes verification because of the amount, but specific rules that either did not read or did not know about the high-risk cryptocurrency

This really doesn't look good and I will keep that as a warning.
I have used their exchange service several times for small amounts, until I found some better instant exchanges with lower fees.

While it always worked well and without any problem I would have never gotten the idea to trust site site/app with very big transactions like 4 or even 5 digit $ amounts. It is just too much risk if they can always blame someone else for occurring problems.

Since there is another thread with basically the same problem this really doesn't look good right now.

I don't believe in fairy tales, show us how you recover stolen funds, or this is all just lies. Do not think we are some naive newbies here. Most of the members in this forum have experience and know a lot of scam tricks, and unfortunately for you, yours is just one of them.

We have methods and evidence of our practical work. I also previously wrote about threads on large shadow forums

How do you plan to do that?

Trying to pull off a Bitcoin/crypto recovery scam?

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You made a pretty good and detailed scam report. No you will have to move it to this board (The scam accusations board). To move it here, click on move topic at the bottom left of the Thread you opened.

Hello, friends!
I have the same problem with Exodus & n.exchange
1 BTC was stolen (((
topic here:
https://bitcointalk.org/index.php?topic=5491893.new#new

Hello, could we contact you via Telegram or Jabber? I will help solve your problem, I have topics and reputation on forums such as darkmoney, exploit, rutor, zelenka. In 2 weeks we got 3 people their money. We will help you too.
If necessary, I will give you links to all forums and my topics
telegram: @isunday_online
Post tagged Bitcoin forum, n.exchange
I'm new to this forum and therefore can't PM you.

I'm sorry for the late reply
Given the reputation of the Exodus, I would certainly advise you to find a nominee so as not to disclose yourself to such an unscrupulous company.

And btw, after that incident, I changed my approach in general.
Now I either use DEX or centralized exchanges, but only under the nominal personality.
To "rent" a nominee I can advise AlexPCS https://bitcointalksearch.org/topic/anonymous-crypto-loadable-bitcoin-debit-card-no-kyc-private-card-services-5244746 he is trusted 
Sharing your personal data with a centralized exchange will bring you one day a big problem in the ass, it is always just a question of time.

Tbf, the whole process isn't as lay-out as it's supposed to be. At the very least aggregators should let people know which particular 3rd party exchange their users are interacting with.

The moment we use these 3rd party exchanges, we are also aggreeing with their terms of service and that would mean, you don't know who exactly you're aggreeing with the moment you swap on exodus because they don't tell you 🥴


I suggest following the same path as OP. See the post above yours - #22

Hello to all,

I have found myself in the same situation just now, as a lot of you. I did swap from BTC to usdt 5k$ 2 weeks ago and it is in “pending” still. After conversation with exodus a week ago they told me N.Exchange is their third party provider for that, so I contacted their support. After a week of waiting they replied that I must follow kyc procedure and prove source of funds in order to release this transaction.

I just responded that they blocked my transaction without any info 2 weeks ago and that this is unacceptable, and that I want my BTC back to my exodus wallet.

Now reading the comments I am aware that probably they will not give me my BTC back just like that.

Should I follow whole kyc and source of funds procedure? I am not comfortable giving my full identity and source of incomes to some shady company…

I am open to any suggestions and I am angry on myself for not reading terms about 3rd party provider, but I was doing swapa for last 3 years without issues and I thought the whole time Exodus is doing this part by themselves.

***UPDATE***

I have completed kyc because they did not give me other option and they returned my funds.
Anyway, I am not happy about this since I gave my identity to the little known exchange and which I will never use and that was against my wish.

This is a great idea, I have ordered yesterday my new id document reporting my current one as lost. THANKS Lucius


Sure, I have purchased a binance account with a card under his nominee a while ago. When Binance asked for re-verification he solved that quickly and efficiently.
That made me think he might be helpful in rescuing my bitcoins and I was right.

Thanks again to every one who helped me - KEEP CALM and USE DEX

Oh Hell, Congratulations to you!


I laughed at it. Exchanges and some casinos have some shady TOS (Now wallets too). Literally, you are not giving me any choices other than using this exchange, and you already said you are not liable for any shit they do with your users. At first, this guy decided to support the wallet company because they wrote they were not liable. Then realized how scammy this is. xD. So, he changed his mind.

This is crazy and obvious case of abuse from this exchange!
Many people probably didnt want to complain and spend time dealing with stuff like this, so they probably confiscated a bunch of coins. 

I am surprised this actually worked, but did you work previously with Alex PCS and who gave you idea to try this?

My suggestion is to stay away from Exodus and third party exchanges they are using.
Switch to decentralized exchanges like Bisq or P2P trading websites and apps like Peach Bitcoin.

I know that 51 days seemed like an eternity to you, but over the years I have read terrible stories here where people waited for months and even more than 1 year to get their funds back from various CEXs that implement some crazy measures in order to prevent money laundering and financing of some kind of terrorism.

I don't know how much you care about your personal security, but if I were you, I would create all new documents you used for KYC, and request deletion from their database.

Thank you everyone who supported me here and in private.
Finally after 51 (fifty one!!!) days I got my 2.7 btc back.

n.exchange/en/order/OD0IG9
n.exchange/en/order/O5KDMH

In blockchain:



During the correspondence they said that transaction that had brought bitcoins to my wallet ( that took place 2 and 6 months ago) had 2% bad score. Nutz.
And at the end they released the funds and send it back to me thus admitting that their analytic tool was not correct.

As a supporting documentation they wanted me to show bitcoin purchase contracts with personal details and IDs of counter parties, can you imagine?
Big THANKS goes to Alex from PCS who provided me the nominees who acted as my counter parties.
https://bitcointalksearch.org/topic/anonymous-crypto-loadable-bitcoin-debit-card-no-kyc-private-card-services-5244746   
For sure my real counterparts refused to cooperate and reveal themselves to the NExchange ( who the hell is N.Exchange )

After the game is over I can confirm once again n.exchange (led by Belousov Oleg) in cooperation with  Exodus make it their business model - lock the funds in swaps and require unfulfillable AML/KYC conditions. Exodus being an old company cooperates with n.exchange do do this dirty job with their hands.

Wait a second. You first accused OP that its his own fault for not checking on exchanger that Exodus is using and that its not their responsibility (even though he explained that Exodus didn't allow him to see which exchanger will be actually used for the swap) and now you changed your tune and say that the way they are doing it is a complete scam.

At least I am glad that you (I guess) finally realized that the way Exodus is doing swap business is totally unacceptable. Having said that, I just don't understand how can someone use iot for anything else other than being a hot wallet (even though I wouldn't use them even for that) where you store not more than a couple of hundreds of dollars.

This is really what I do not see an explanation for, so how the Exodus wallet, which has this great popularity and reliability, accepts unreliable third parties to steal their customers as if they are supposed to choose the third-party provider carefully because this may make the wallet customers lose their confidence in it and lose their money and leave it and take the impression not good about it, even though they have a policy, terms, and disclaimers about third party providers that engage in their wallet but that does not preclude that they are also perpetrators of crime. They must be held accountable because they agreed to an untrustworthy swap service provider and opened the doors for it to steal their customers.

In the best case scenario they are guilty of negligence for having a scammy exchange as partner while in reality they probably very well knew what's going on. I wouldn't even be surprised if there are deeper connections between Exodus and N.Exchange as that would explain why are they using them for swap when there's so many alternative options. Another argument for that is that they don't even let you know that they are using them for swap, and that doesn't make any sense unless they somehow benefit from it.

Btw what's the situation, did you apply some pressure on Exodus via their social media accounts and channels, or is there any reply from N.Exchange?