I came here out of desperation. I am looking for an emergency USDT loan. My funds are being held in my TRUST wallet until I pay capital gains taxes. I have confirmation from customer service, once the taxes are paid, my funds will be immediately released and even are giving me an ETH award that is double the tax amount once paid. I obviously have no collateral because these funds are being held. Is there any company that provides such a loan? Thank you.
When any sites ask for a small amount of deposit (eg: 1$) then it might be acceptable but when it ask a good number of amount or large amount then it is 100% scam. Think yourself if they can give you double of the amount then why they will ask you for such a large number of deposit. 
Topic: USDT Loan (Read 284 times)
I believe you transacted with a scammer on the wrong website. Trust wallet cannot hold your funds because it has a strong security system that can protect your funds from hackers and other threats, or your wellet has been attempted without your knowledge.
Better still shift this thread to the scam accusation thread and edit your first post to reflect as much information as you can provide.
But they have all my money. They won't release to me until I pay them. I've contacted customer support at TRUST. But I know, I think I'm screwed.
What guarantee do you have that they will send your money it's an old scam I have seen it in casinos, on a Ponzi scheme, and it's an old scheme in cloud mining, you don't know so you keep trusting them but here in Bitcointalk, we have seen it hundreds of times, if you think you are screwed its time to accept the reality that you have been scammed.
I recommend that you open a scam accusation here,
Scam Accusations
Follow the right format,
Scam Report Format
Tell the whole story so you can prevent others from falling into this scam, and they will thank you for doing this.
But they have all my money.
Unfortunately, it's in their hands now and do not be deceived into sending them more money because they won't send it back to you. I've contacted customer support at TRUST. But I know, I think I'm screwed.
This is the true trust wallet site - https://trustwallet.com/, and I am afraid they won't help you recover the funds because;1. Most crypto transactions are irreversible
2. They are not responsible for your funds or how you send the funds. Read their terms of service.
But they have all my money. They won't release to me until I pay them. I've contacted customer support at TRUST. But I know, I think I'm screwed.
The site is Verirax.com.
The site is scam just by the first look at it 
They said upon completion of paying this tax, they will give me an ETH award double the tax (125091 USDT). And I have only 3 days to complete then there will be a 1% fee. If it's after 5 days my account will be frozen and the tax will increase by another 20%.
it's all a lie. Don't waste your time on themHere is another Redditor who got harassed by them through emails - https://www.reddit.com/r/USC/comments/s07lx9/getting_constant_emails_about_veritax/
Looks like you deposited money on a scam site. Trust wallet is a non custodial wallet that will never "hold" your funds.
Post the link of the website you are using as a wallet here and we see.
Post the link of the website you are using as a wallet here and we see.
The site is Verirax.com. First they said I can't use the funds I earned in the mining pool (153,364 USDT) to pay the capital gains tax, which is 40% (62545 USDT). They said upon completion of paying this tax, they will give me an ETH award double the tax (125091 USDT). And I have only 3 days to complete then there will be a 1% fee. If it's after 5 days my account will be frozen and the tax will increase by another 20%.
You have fallen for a scam.
Who holds your funds? Trust wallet?
Based on their terms of service under taxes
It means you're the only one responsible for the taxes not the wallet itself or the developer of the trust wallet you should be careful you might be using a fake wallet or phishing site.
In addition, no one will able to give a loan to newbies without collateral so it is most likely a scam attempt either.
Based on their terms of service under taxes
Code:
You agree that we are not responsible for determining whether taxes apply to your transactions or for collecting, reporting, withholding, or remitting any taxes arising from any Digital Asset-related transactions.
It means you're the only one responsible for the taxes not the wallet itself or the developer of the trust wallet you should be careful you might be using a fake wallet or phishing site.
In addition, no one will able to give a loan to newbies without collateral so it is most likely a scam attempt either.
Looks like you deposited money on a scam site. Trust wallet is a non custodial wallet that will never "hold" your funds.
Post the link of the website you are using as a wallet here and we see.
Post the link of the website you are using as a wallet here and we see.
show that in a video
import your wallet somewhere else using the seed phrase
Can this be done if they are holding my funds? On my wallet home page, it says I hold practically nothing because it's all in the mining pool. However, when I open the browser, that's where it says I have 315K USDT balance.
import your wallet somewhere else using the seed phrase
I will advice you to be very careful of scammers, they might want to scam you. If another person is involved that you do not know, know that the person only want to scam you.
Although Trustwallet is a close source wallet and not reputable because of that in my opinion, but you have your seed phrase and you still have the full control over your own money on the wallet. Although, we can not fully trust a close source wallet.
I have not heard that Tether Lab seized USDT on noncustodial wallet because of tax before. If you sell or trade, you can be taxed, but no tax for sending crypto according to what I have known before.
Although Trustwallet is a close source wallet and not reputable because of that in my opinion, but you have your seed phrase and you still have the full control over your own money on the wallet. Although, we can not fully trust a close source wallet.
I have not heard that Tether Lab seized USDT on noncustodial wallet because of tax before. If you sell or trade, you can be taxed, but no tax for sending crypto according to what I have known before.
I came here out of desperation. I am looking for an emergency USDT loan. My funds are being held in my TRUST wallet until I pay capital gains taxes. I have confirmation from customer service, once the taxes are paid, my funds will be immediately released and even are giving me an ETH award that is double the tax amount once paid. I obviously have no collateral because these funds are being held. Is there any company that provides such a loan? Thank you.
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