Topic: Tradesatoshi are scamming with KYC requirements (Read 344 times)

Hello everyone as you now in last months TradeSatoshi stop withdraw at different coins making difficult for user to withdraw their money.
But newer they have a new practice lock people account and never restore .

I know are a lot of people with this problem and this is the reason i open this post and someone need to make something
 against them or will leave with people money .


I want to collect all users story about how they have been scam by this site and after that i will open a complaint at police about this
even need to be opened in 3 states .

All person are free to send his story at this email : [email protected]

This site domain is hosted at GoDaddy and you can raport an abuse ther at this adress : [email protected]
Registrar Abuse Contact Phone: +1.4806242505

Domain Name: tradesatoshi.com
Registry Domain ID: 1979629160_DOMAIN_COM-VRSN
Registrar WHOIS Server: whois.godaddy.com
Registrar URL: http://www.godaddy.com
Updated Date: 2019-11-15T12:10:22Z
Creation Date: 2015-11-14T10:26:16Z
Registrar Registration Expiration Date: 2020-11-14T10:26:16Z
Registrar: GoDaddy.com, LLC
Registrar IANA ID: 146
Registrar Abuse Contact Email: [email protected]
Registrar Abuse Contact Phone: +1.4806242505

Please distribute this message for all user to see it and send a ticket to abuse section and a confession at that mail .
The more we are, the greater the chances of being held accountable for the crimes committed.

Indeed. Yet another fine example of scam promoting Yobit sig spammers. Reported & tagged.

You just bumped a thread that had been dormant for 7 months... All so you could tell OP his thread is unnecessary? 

Unfortunately, Trade Satoshi is still around, though they only handle about 2 BTC a day in volume. There's no way this could still be a profitable undertaking other than through weaseling customers out of funds using any one of their well-documented fleecing tactics.

There is something called "investigation", if they were honest then they could have investigated the case instead of blocking a user account at the first place.
It's most likely every exchange has user's IP, email id record and these can be used to investigate and identify the real user and then they could have allowed you for KYC.

But their answer "Sorry at the moment we don't cater User's updating their information." doesn't prove they are professional and trustworthy.

I hope you haven't lost much there.

Let your INSN community know about the issue and warn them, post it in discord and TG.

I understand that, but its the way they just did it without warning and without any option to correct. My mistake is simple 1 number wrong in my date of birth, I must have missed the correct key, yes my fault. However, they refuse to correct it so I can pass KYC. That is wrong!

Every exchange will implement KYC requirement one by one, as crypto is moving completely towards centralization.

I think this is the only way left for exchanges to handle the KYC thing, block users funds > ask for KYC > if yes, OK > if not, permablock.
If an exchange want then they can provide options for users to choose, but it is not they forcefully want users to perform KYC. The world is not free.

If I recall correctly then bittrex made the biggest noise about this KYC thing... now it's cold like ice.

Are they planning to do an exit scam? You should probably spread the word around to all your friends/online groups about this and ask them to withdraw the funds as soon as possible. From the links Slow Death mentioned above, it looks like the typical exchange exit scam. If I was you, I'd spread the word around and make sure people withdraw their funds.

Look where speaking out gets you. Can't say I am surprised. But I am disgusted with their scamming ways. 

I don't know how an exchange take this kind of step if they don't want to scam people's. Suddenly asking KYC verification and disable withdrawal without KYC verification is clear symptom of scam users. They should implement withdrawal limit for Unverified user and it should continue at least couple of week and they should notice their user about thei KYC verification.

Infuriating. Why can't all those you have their funds held up in that exchange come together and take legal action against the company? Whatever the case, the company will start refunding your money or stop scamming more users. The court will be in your favor. Governments these days don't leave a chance to crack on such exchanges.

Now we now have three threads for this exchange and I hope traders are looking on this section to know that Tradesatoshi is now a scam exchange I guess competition is beating them, that they have no recourse but to get as many coins in their platform and do an exit scam.

I would highly recommend that you stop trading with
@TradeSatoshi
 If your account info is even slightly incorrect, you lose everything.

They say: Sorry at the moment we don't cater User's updating their information.



So you cant get your account verified, therefore you cant trade or withdraw your crypto, what a great way to scam people.


If your suffering the same issues, please retweet this and tag @tradesatoshi 

https://twitter.com/notnormalscom/status/1139608432019943426

I can't as I have been blocked for speaking out.