Fixedfloat is scamming me for 8000+ EUR IMPORTANT PSA!

JollyGood

legendary

Activity: 2534

Merit: 1713

Top Crypto Casino

It seems as though he claims to have used it after the news about the hacks. If he were to open his own scam accusation and provide evidence in screenshots of live chat and account areas (or any other correspondence such as email) then it will strengthen his case.

Having said that I did take a look at his account and something does not add up. He created it in 2019 and made five posts and all of them are related to him being scammed (including Bittrex allegedly scamming $20,000) but evidence is never provided. It is difficult to take his word for anything he claims without evidence.

Quote from: hugeblack on September 28, 2024, 02:11:42 AM

Quote from: andrrew7201 on September 27, 2024, 10:39:28 AM

Hello! This exchanger now blocks EVERY exchange referring to the fact that the coins have a criminal trail) This is a complete scam for me, so they blocked $ 6000 and after long correspondence they simply stopped responding to letters! Read their bestchange thread - there are continuous complaints!

Have you used FixedFloat after two successful hacks^[1] Huh

.
The @op scam was in January before all the chaos happened but ff.io has lost a lot of trust since then.

[1] https://beincrypto.com/fixed-float-two-hacks-survival-story/

hugeblack

legendary

Activity: 2702

Merit: 4002

Quote from: andrrew7201 on September 27, 2024, 10:39:28 AM

Hello! This exchanger now blocks EVERY exchange referring to the fact that the coins have a criminal trail) This is a complete scam for me, so they blocked $ 6000 and after long correspondence they simply stopped responding to letters! Read their bestchange thread - there are continuous complaints!

Have you used FixedFloat after two successful hacks^[1] Huh

.
The @op scam was in January before all the chaos happened but ff.io has lost a lot of trust since then.

[1] https://beincrypto.com/fixed-float-two-hacks-survival-story/

LoyceV

legendary

Activity: 3290

Merit: 16489

Thick-Skinned Gang Leader and Golden Feather 2021

Quote from: andrrew7201 on September 27, 2024, 10:39:28 AM

This exchanger now blocks EVERY exchange referring to the fact that the coins have a criminal trail)

Does that mean they froze your funds, and you tried again in another deposit?

NotATether

legendary

Activity: 1568

Merit: 6660

bitcoincleanup.com / bitmixlist.org

Quote from: andrrew7201 on September 27, 2024, 10:39:28 AM

Hello! This exchanger now blocks EVERY exchange referring to the fact that the coins have a criminal trail

If the exchanger is blocking all the orders from being made, then that means that they are getting only a few orders frequently, such that they are able to get away with taking coins away from all customers using this excuse.

If they tried to do this to a large customer base, they would have been called out by bigger people on social media.

logfiles

copper member

Activity: 2198

Merit: 1837

🌀 Cosmic Casino

Quote from: andrrew7201 on September 27, 2024, 10:39:28 AM

Hello! This exchanger now blocks EVERY exchange referring to the fact that the coins have a criminal trail) This is a complete scam for me, so they blocked $ 6000 and after long correspondence they simply stopped responding to letters! Read their bestchange thread - there are continuous complaints!

I just checked the thread and don't see your complaints. Could you please help point this out using a link?

holydarkness

legendary

Activity: 2730

Merit: 1560

Yes, I'm an asshole

Quote from: andrrew7201 on September 27, 2024, 10:39:28 AM

Hello! This exchanger now blocks EVERY exchange referring to the fact that the coins have a criminal trail) This is a complete scam for me, so they blocked $ 6000 and after long correspondence they simply stopped responding to letters! Read their bestchange thread - there are continuous complaints!

Instead of posting a complaint on someone else's thread, it's always better to have your own thread, so the discussion will be and can be more focused on the nature of your situation. And please add supporting evidence to that accusation thread.

andrrew7201

newbie

Activity: 5

Merit: 0

Hello! This exchanger now blocks EVERY exchange referring to the fact that the coins have a criminal trail) This is a complete scam for me, so they blocked $ 6000 and after long correspondence they simply stopped responding to letters! Read their bestchange thread - there are continuous complaints!

alterra57

member

Activity: 527

Merit: 72

Crypto - Fiat Exchange

They're back here: https://ff.io/en/

tabas

hero member

Activity: 3024

Merit: 745

🌀 Cosmic Casino

Quote from: virasog on March 15, 2024, 01:35:54 PM

With a lot of scam accusations against Fixedfloat and with this hacking news, I don't think they will be able to continue their business. The reason is not that they have lost a lot of money in the hack but it is due to that they are losing trust both by the mismanagement of them to resolve people query's, holding people's money and this hack could be the nail in the coffin for them.

They've got several days just after the hack to get back on the business but I don't think that they have got plans of getting back into business. I'm always checking if they've been back and with that period and window of time, I've seen that they've been back for a few days but they've disabled a lot of crypto to trade including BTC and after that, they've never been back.

Quote from: virasog on March 15, 2024, 01:35:54 PM

If this hack is an insider's job, then it can be an attempt for a scam exit and we never know that they may come back again with a new name and a new domain Shocked

I am not even thinking about that but with such complains and how the business and process goes for them, they'd probably decided just to wait for some big deposits and did what they have to do. But who knows if they're going to be back again and will resolve all of the concerns that are thrown to them and clean what they have to clear.

virasog

legendary

Activity: 3136

Merit: 1172

Leading Crypto Sports Betting & Casino Platform

Quote from: NotATether on February 22, 2024, 07:20:56 AM

Quote from: alterra57 on February 19, 2024, 11:13:25 AM

This is their karma, they've been freezing funds and going MIA without updating people on the money.

If this is an inside job as is claimed in some of these parts, then how is it karma? It makes no sense.

But I can't say they didn't have it coming towards them. Apparently, they have psised off a lot of customers. Including bad-guy criminal-hacker types it seems, given that Dread forum has some of the most wild and illegal stuff going on in there.

With a lot of scam accusations against Fixedfloat and with this hacking news, I don't think they will be able to continue their business. The reason is not that they have lost a lot of money in the hack but it is due to that they are losing trust both by the mismanagement of them to resolve people query's, holding people's money and this hack could be the nail in the coffin for them.

If this hack is an insider's job, then it can be an attempt for a scam exit and we never know that they may come back again with a new name and a new domain Shocked

JollyGood

legendary

Activity: 2534

Merit: 1713

Top Crypto Casino

I know it was already make known that the Fixedfloat exchange was still active after the alleged hack but their domains seem interesting. The .io domain leads to a page showing server error but the .com domain diverts to a new .io domain (ff) and it has an identical website to how it appeared before the alleged hack.

One has to question the real status of the exchange because there have not been a flood of complaints against them and they are still operating even after allegedly being hacked.

JollyGood

legendary

Activity: 2534

Merit: 1713

Top Crypto Casino

The OP probably knows by know he will not be getting any of his funds returned to him but at least he will probably have the satisfaction that Fixedfloat have had their reputation destroyed both in the forum as well as outside in the wider world after the recent news release about their hack. If this is an inside job it will eventually be exposed.

NotATether

legendary

Activity: 1568

Merit: 6660

bitcoincleanup.com / bitmixlist.org

Quote from: alterra57 on February 19, 2024, 11:13:25 AM

This is their karma, they've been freezing funds and going MIA without updating people on the money.

If this is an inside job as is claimed in some of these parts, then how is it karma? It makes no sense.

But I can't say they didn't have it coming towards them. Apparently, they have psised off a lot of customers. Including bad-guy criminal-hacker types it seems, given that Dread forum has some of the most wild and illegal stuff going on in there.

dkbit98

legendary

Activity: 2212

Merit: 7064

Quote from: LoyceV on February 20, 2024, 02:57:53 AM

Unlikely. That's like robbing a bank when your debit card gets blocked.
Having that much in their hot wallet must be very encouraging for other hackers to try the same though. One way to make it not worth their while would be by keeping significantly less money in hot wallets.

I am not sure, but they pissed some people for sure.
You cant use a bank without verification, while FixedFloat was doing only selective verification, and there are many cases when they seized money from people, it was even posted in this forum about that.

Quote from: nutildah on February 20, 2024, 03:11:53 AM

From what I read, a few darknet market admins also lost money unexpectedly with FixedFloat (this was last year and before then as well). It could be they hired some kind of hacker or group to take them down. Either way, its definitely a sort of karma. I don't know how they'll stay in operation after this, or why. Clearly a terrible business model.

I didn't know about that but I am not surprised to hear it.
That doesn't mean that those admins hacked or hired anyone but there is a motive to do it, and this is the first thing to look when crime happens.
Someone probably knew they have a lot of money in held hot wallet, so it is also possible that someone leaked information from the inside.

nutildah

legendary

Activity: 3010

Merit: 8114

Quote from: LoyceV on February 20, 2024, 03:33:59 AM

Quote from: nutildah on February 20, 2024, 03:11:53 AM

It could be they hired some kind of hacker or group to take them down.

It could be. But if you have the skills to steal 26 million, you probably don't need someone to hire you (for much less money) to do this.

True but they could have pointed the hackers in FixedFloat's direction. This was an article that kind of explains what I was talking about -- the issue with FixedFloat isn't new & has been going on for at least a couple of years.

https://darknetlive.com/post/investigating-the-selective-scamming-behavior-of-non-kyc-exchange-fixedfloat--7b0cd6e8

Quote

Investigating the Selective Scamming Behavior of Non-KYC Exchange FixedFloat

In recent developments, serious allegations have surfaced against the well-known non-KYC exchange, FixedFloat, suggesting selective scamming practices targeting users. These claims have been brought to light by a market admin who revealed that the exchange retains significant transactions under the guise of "anti-money laundering" measures. Unlike its competitors, who return funds to the sender in the event of an unexecuted exchange order, FixedFloat reportedly keeps the funds for itself.

Users on Dread, the largest English forum on the dark net, have also voiced similar concerns, accusing the exchange of engaging in selective scamming activities specifically related to large exchange orders.

Quote

Warning: Got fucked by fixedfloat.com

Converted large amounts over fixedfloat over the years, never had an issue. Approximately one hour ago, coins were sent to their exchange for hot wallet rebalancing. XMR didn't come out the other end, and turned out to be confiscated.

Their support replied with: "We received word from our exchange partner that your crypto were obtained through illegal proceedings. Please provide proof of funds."

Careful everyone!

Quote

Can confirm.

Happened to me 3 weeks ago, lost around $9k.

Ironically, did a transaction that was around the same amount about 2 hours before, they processed it no problem.

They have turned into selective scammers.

They have no "exchange partner", and they will continuously say their intention is to "return funds to the victim", when there is no fucking victim except you the user getting scammed by them. They know exactly what they are doing.

Quote

Happened to me about 3-4 weeks ago for $9k. They know exactly what they are doing. Processed a near identical transaction mere hours before that went through no problem, then the next one gets pulled for 'KYC time'.

Selective scammers. They probably have eyes on a couple of the market wallets, if they see any connection with coins coming from there they pull your card and you're SOL. That's my suspicion anyway.

In order to investigate these allegations, our team conducted tests which resulted in our funds being unexpectedly "suspended." It is worth noting that DarknetLive relies on user donations and does not engage in any illegal activities to generate revenue.

These allegations paint a disconcerting picture of selectively enforced rules within the industry. It appears that when presented with a substantial opportunity, the operators of FixedFloat are willing to disregard their own policies and resort to unjust practices. While the exchange may claim to prioritize handling funds of questionable origin by refraining from exchanging them, they seem to have no qualms about appropriating these funds for their own benefit.

The foundation of FixedFloat's business model seemingly revolves around offering extremely low fees, but this is overshadowed by their alleged large-scale confiscation of funds, knowing that proving their misdeeds will be nearly impossible for their customers. In light of these allegations, caution is advised when considering any exchange requiring KYC verification. It is disheartening to witness a scam masquerading behind seemingly legitimate policies, ultimately profiting illegally at the expense of unsuspecting customers.

Had this incident been a genuine violation of their Terms of Service, FixedFloat should have refunded the money, deducting applicable transaction fees, and provided an explanation regarding the suspicious nature of the swap, leading to its cancellation.

It would be interesting to see if this windfall profit from their alleged illicit activities will be reported (or not) on their 2023 tax form.

LoyceV

legendary

Activity: 3290

Merit: 16489

Thick-Skinned Gang Leader and Golden Feather 2021

Quote from: nutildah on February 20, 2024, 03:11:53 AM

It could be they hired some kind of hacker or group to take them down.

It could be. But if you have the skills to steal 26 million, you probably don't need someone to hire you (for much less money) to do this.

nutildah

legendary

Activity: 3010

Merit: 8114

Quote from: LoyceV on February 20, 2024, 02:57:53 AM

Quote from: dkbit98 on February 19, 2024, 04:02:44 PM

I wonder if this could be revenge of someone who got their money seized on Fixedfloat, or something bigger is behind this attack...

Unlikely. That's like robbing a bank when your debit card gets blocked.
Having that much in their hot wallet must be very encouraging for other hackers to try the same though. One way to make it not worth their while would be by keeping significantly less money in hot wallets.

From what I read, a few darknet market admins also lost money unexpectedly with FixedFloat (this was last year and before then as well). It could be they hired some kind of hacker or group to take them down. Either way, its definitely a sort of karma. I don't know how they'll stay in operation after this, or why. Clearly a terrible business model.

LoyceV

legendary

Activity: 3290

Merit: 16489

Thick-Skinned Gang Leader and Golden Feather 2021

Quote from: dkbit98 on February 19, 2024, 04:02:44 PM

I wonder if this could be revenge of someone who got their money seized on Fixedfloat, or something bigger is behind this attack...

Unlikely. That's like robbing a bank when your debit card gets blocked.
Having that much in their hot wallet must be very encouraging for other hackers to try the same though. One way to make it not worth their while would be by keeping significantly less money in hot wallets.

alterra57

member

Activity: 527

Merit: 72

Crypto - Fiat Exchange

Quote from: logfiles on February 19, 2024, 04:44:08 PM

Quote from: dkbit98 on February 19, 2024, 04:02:44 PM

I think this hack could easily shut them FixedFloat, but I really don't understand how any exchange nowadays can keep that amount of money in hot wallets and servers Roll Eyes

It's not that hard to set up cold wallets and multisig setup to prevent this from happening, this will add some complexity and it could slow down things, but security would be much better.

I remember those old days when exchanges like Bitmex would process withdrawals in batches, 3 times every 24 hours. It would be an annoying procedure for any person who needed the Bitcoins in a hurry but security wise, one would be assured that incidents of hacker making massive withdrawals from exchange accounts were not possible without raising some eyebrows from the security.

As a matter of fact, during that time when exchange hacks were so rampant, I did not here Bitmex becoming victims at all. I don't know if they still do it these days.

Bitstamp does this, it's every 15 minutes, I don't know if they added this after their last hack but it's one of the best security measures an exchange can have.

logfiles

copper member

Activity: 2198

Merit: 1837

🌀 Cosmic Casino

Quote from: dkbit98 on February 19, 2024, 04:02:44 PM

I think this hack could easily shut them FixedFloat, but I really don't understand how any exchange nowadays can keep that amount of money in hot wallets and servers Roll Eyes

It's not that hard to set up cold wallets and multisig setup to prevent this from happening, this will add some complexity and it could slow down things, but security would be much better.

I remember those old days when exchanges like Bitmex would process withdrawals in batches, 3 times every 24 hours. It would be an annoying procedure for any person who needed the Bitcoins in a hurry but security wise, one would be assured that incidents of hacker making massive withdrawals from exchange accounts were not possible without raising some eyebrows from the security.

As a matter of fact, during that time when exchange hacks were so rampant, I did not hear Bitmex becoming victims at all. I don't know if they still do it these days.

Topic: Fixedfloat is scamming me for 8000+ EUR IMPORTANT PSA! (Read 1547 times)