Topic: TradeSatoshi locking out users to steal funds? (Read 1049 times)

@kzxGjdIoy0Qwk
Hey, I'm gathering people that are scammed on tradesatoshi, do you have a discord account?

They have gone, stolen all the funds they locked users out of. The best thing you can do is to complain to the police (specialist cyber crimes unit) in your country and then complain to the Hong Kong law enforcement agencies because that was the final place where Tradesatoshi scammers were registered.

Though it is very slim, that would be the only way you have any chance to retrieve your funds.

I think not enough. It was SCAM Exit - "10 days".
I've lost 10kUSD on this scam-exchange and don't know how to even e-mail admin...

Where is contact? Where is support? 10 days and good bye - IT IS TOTALLY SCAM!! And we shall call the police, not just spread the word around 5 threads of bitcointalk...

They are going out of business Tradesatoshi is closing down - withdraw funds before 1. March
I am rather doubtful about this "withdraw before 1. March" possibility, now is his website in maintenance.

edit: Now I see, you spam all topics about Tradesatoshi, don't need to do in that way. Once is enough

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.

Thank you for the link.

It is quite sad really knowing that article is over 7 months old but Tradesatoshi are still scamming - they have not been shut down by the authorities.

TradeSatoshi locking out users to steal funds
https://www.altcoinbuzz.io/crypto-news/finance-and-funding/tradesatoshi-accused-of-malpractices-regarding-their-exchange-handling/

DON´T USE THIS EXCHANGE, IT IS SCAM, GOOGLE "Tradesatoshi bitcointalk" AND SEE!

ps. sorry about caps, but everybody need see it! and some in same country should call the police for that guys.

Sadly it is an all too common practice that scammer exchanges use when buying time and to extend the pain and stress to users, they ask for KYC and then claim it is not correct and needs further "investigation" but the reality is they are selective scamming users.

The reputation of Tradesatoshi will never recover from this. It is dead but is being dragged along by its owners to try to scam as many users as possible while still "operating" as an exchange as a front/excuse to carry out its scam with the end aim of an exit strategy.

Sure from time to time genuine users or sock-puppets or paid shills will post here and compliment the service they received at Tradesatoshi but in the end the aim of the owners seems to selective scam as many users as they can before they mass scam and exit. When will it happen?

Users in our community are frustrated their coins have been locked up on this exchange since the unannounced and sudden mandate for additional verification.

I have received reports from folks who had been successful in completing the KYC / AML requirements.
I have also received reports from folks who did not have their accounts flagged and are able to still use the service without submitting to additional BSA related nonsense.

Other users, who were smart enough not to share their personal information with Trade Satoshi initially - found that despite completing the verification in good faith, they remain locked out of their account because the initial personal details did not precisely match the provided identity documentation.

Thank you for the post.

You had the good fortune of getting funds on to your wallet with a long delay but many are not getting anything even months later and instead are having their accounts frozen under the false guise of "investigations".

I agree, users of that exchange should move their funds out immediately if they are able to because they might not get another chance to withdraw.

Users of that exchange site should be very careful with their holdings.
Might want to transfer their funds to better exchanges.
I was a user of tradesat also before but the last experience I had with them, made me think not to use that exchange ever again.
My bitcoin withdrawal took almost 2 weeks before I received it on my wallet.
And the reason why? They use a very small tx fee so it was almost ignored by the miners.

If that claim is true it spells bad news and sad news for all investors.

Should investors give up now on any hope of retrieving any of their funds?

I will just quote this post here. Purely to give a clearer picture of what we can expect from this exchange.

What is the latest news with Tradesatoshi selectively scamming users?

Most on here will no be able to access that because Tradesatoshi blocks twitter accounts when you ask them why they are stealing your funds. Scamming POS exchange and the perfect example of  why crypto is a scammer paradise. Don't trust any coin that lists on Tradesatoshi

With complaints piling up so fast Tradesatoshi will be shutting up shop before the end of the year 2019

Yep, new complaints about old problems in the Twitter comments every day:

https://twitter.com/TradeSatoshi/status/1149227186504605698
https://twitter.com/elitecurrency/status/1148494170262245376
https://twitter.com/TradeSatoshi/status/1148143059961405440

Here's one of my favorites:



Too bad they didn't have a high-profile signature campaign for other DTs to lambaste... cough cough  They've scammed dozens or hundreds of bitcointalk users, yet still no flag for them.. Whatever.

Are there any more complaints from new users about being scammed by Tradesatoshi?

They seem to be selective scamming new users rather than longer established ones.

Disgraceful behaviour by Tradesatoshi as a form of selectively scamming users.

I hope they are investigated by the police in the legal jurisdiction they are in (Hong Kong) and get shut down so they no longer pose a threat to investors.