Topic: Trade Satoshi Exchange Closure Looks Like Exit Scam (Read 274 times)

The LinkedIn URL you provided in your other post doesn't lead to a profile.

The owner of TradeSatoshi is Francesco Alibrandi. He's a real person who lives in Australia AFAIK.

He's been harassing me here and elsewhere since I exposed him 2-3 years ago.

Trust me: I'd be interested in bringing the real operator of TradeSatoshi to justice: if you have any other info about this Russian bloke I'll look into it.

He is not Italian, he is Russian, I found him on linkedin, he blocked me immediately.

SCAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAM!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

How to find this crazy australian - Francesco Alibrandi?
He given only 10 days to withdraw, I've discovered down-site yesterday, my 10k USD are lost with this stupid scam-change!!!!!

Please, help anybody!!!

SCAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAM!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

How to find this crazy australian - Francesco Alibrandi?
He given only 10 days to withdraw, I've discovered down-site yesterday, my 10k USD are lost with this stupid scam-change!!!!!

Please, help anybody!!!

We reached out to one of the delisted projects, SafeX. Richard Bate, SafeX advisor, commented:

“Over 18 months ago, Safex was delisted from Cryptopia, apparently due to an “aggressive community member”. The former CTO of Cryptopia, Adam Clark, decided on the spot in Discord to delist Safex because someone (apparently aggressive) asked when the wallets would come out of maintenance.

This seemed like a very unproportional response to a lone member who didn’t represent the entire community. So we did some digging.

Reviewing the known wallets of Safex on Cryptopia, we noticed big trades directly between the hot-wallets of Cryptopia and TradeSatoshi. (The unusual part here is that you don’t deposit to the main wallets on either exchange, you deposit to a personal address so they know how much you’ve deposited.

Our running theory was that someone internally on both sides was attempting to do arbitration trades and managed to lose a lot of Safex in the process.

This was further confirmed later when they didn’t have the Safex to cover the withdrawals of those who had funds left on their Cryptopia account. We saw regular withdrawals from TS [TradeSatoshi] straight to the Cryptopia hot-wallet which co-inside with the timing of when certain members suddenly got their funds back.

The delisting of Safex due to this one community member was a convenient exit strategy so they could save face.

Make it a problem with us, rather than them.

A few months later, we learn that the CTO, Adam Clark, had been “let go” of Cryptopia. My guess is that something was discovered that was bad enough to force one of the founding directors of the company out.

A few months later after that, we find that Adam started working for Trade Satoshi as a Senior Developer.”

“Cryptopia, Tradesatoshi and Assetylene obviously all look alike because I made/designed each platform, so I guess I have a style maybe,” he said.

Whatever the actual reason for the closure seems to be, it would appear that Trade Satoshi seriously does not want customers to withdraw their coins, despite there being only 8 days remaining before the scheduled closure.

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