Bnextrade.com Cryptocurrency Scam

I am in the same boat as Mike and Grant. New site is BitSmart. Grant's story read's almost like mine exactly. I was contacted by "accident" via text messaging, then asked to go to Whatsapp. But this person went so far as to send me permanent resident alien card to show who she was. she called me through WhatsApp and did a video call with me through WhatsApp. The person who contacted me chose a very well-known and highly successful and top real estate agent in NY who works for Douglas Elliman. But they looked just liked the person who works for Douglas Elliman. They took me step by step on how to trade. and it is very lucrative and looks completely legit. and can make you very good money very quickly. The company is not transparent. It is an Option crypto trading. You are choosing Buy Up or Buy Down based on which way the crypto is moving. It is timed for 30, 60, 120, 180, and 300 sec intervals. The profits are 30, 40, 50, 80, and 100%. They do not show their fee structure. You discover their fees and charges anytime you wish to make a withdrawal. First, there is a service fee of 10% based on your revenues. Which you have 7 days to repay from an external account only. If you don't pay that in time, they will reduce your "credit score". The credit score is their credit score of your account health. It is 10,000 a point from and must be paid within 7 days from an external account to restore your personal credit account back to 100. I was also asked to request a $10,000 loan. which again had to be paid back with in 7 days from an external account. You can also ask for an extension. Then they hit you with a Capital Gains tax of 10% of your revenues that must be paid in 7 days from an external account. and you still have not withdrawn any money. They block it every time. Then they said they were suspicious of my trading activity and accused me of money laundering. which they wanted $30,000 from an external account within 7 days. go figure that one out. The person who was helping me trade "sent" this company USDC or USDT totaling $34,000. as I had to show the company proof that it was sent to them so they could find it. She was helping me pay them what I owed so I could withdraw funds. Like I said looks real legit. But the website has zero information about it.

New site for the same scam - do not deposit any funds here if someone is directing you to do so because they are an experienced trader or user on the site - bnexex.com

Have experienced a similar situation to Mike and very recently. I was approached by someone on WhatsApp that asked me to invest with them on bnextrade.com they suggested I start with $500-$1000 USDT and trade BTC/USDT options with them. I did not do so for 3 months after the individual continued to ask me to join them and finally I caved in and decided to put a small amount on the line, since they were showing me these remarkable gains and trades they were making. Made some minimal gains at first and then they suggested to me that I apply for a loan on the site, which I was not keen on doing but the individual said that we would be able to see larger profit on trades, if I had more capital. I applied for a $10000 USD loan and on the same day I applied, the loan was approved but the terms were ridiculous and unfair, they were sent to me via email. $15000 USDT was put into my account without my agreement or sign off on the terms, which were to pay the loan off in 7 days from outside my account, no withdrawal would be allowed until the loan was repaid. I disputed the agreement, as I did not agree to the terms and asked for the funds to be removed from my account but they would not remove them and their customer service is the only way you can connect to anyone, but they would not connect me to their finance department, saying no one is allowed to talk to them. The person who introduced me to the platform said she would help me by building the account up and did so. I was hesitant and did it want to touch the money I refused to agree to accept, as I had at this point put in $2000 USD and with the $17000 in, over the course of the next 2 weeks taking cues of when to make trades based on 30 second and 60 second transactions and timing, the account was built up to 172,000 USD. I did receive a small initial withdrawal of $300 USD when I first took money out, prior to this illegal loan. Then the individual tried to get me to find the $15000 to pay the loan back. I refused to ask anyone else and paid back $4000 USD myself but demanded that she help me pay the rest, since it was her suggestion in the first place and she supposedly did. I wanted to take a small chunk out gradually upon full repayment of the loan, and my first withdrawal suggestion of $5000 seemed reasonable but she said I should take most of my profit up front, as she has taken out $250000 or more in the past , and backed it all up with account history and screenshots of the trades we made together, so I went big and requested $100000 USD, Customer Service then informed me when I inquired about the delay in my withdrawal, that they detected I was using multiple IP addresses, and to deposit $5000 USDT to verify my account. I would not be able to withdraw funds until this deposit took place. I refused, as multiple IP addresses are not a valid reason to question identity, when I never pointed out any odd activity and kept record of all my actions and trades on the site, plus I submitted identity documents and had a unique trading password. Upon Bnex’s refusal to actually even provide my own IP address or multiple ones, and to approve my withdrawal and send it to me, they threatened to restrict my account. I have gone to NameSilo and reported the site for their illegal actions and embezzlement of my funds and profit. The website has been suspended, as of early last week. I would give the site and company 0 stars if that was an option here. They are not trustworthy, make up their own rules as they go, and refuse to adhere to any of the policies they claim to follow. I am in the process of sharing all the information I have about them with the FTC, as well. There is an app that can be used and this is the only way to access the site. My account has been locked now, as I have made them very aware of the information I am sharing and that I contacted NameSilo to get them shut down, so they cannot harm others anymore. As for the person from WhatsApp, they tried to get me to pay them back what they ‘loaned’ me. I asked for their ID and address, so I would be able to hand deliver the funds. They called me nuts for doing so, and we did have several direct conversations over the phone together, but by the next day, they no longer contacted me after reaching out daily and blocked me, as well.

Under the advice of a friend I used BNEX to invest in gold futures. I made over $29,000 and tried to withdraw $23,000 of the assets. BNEX began by introducing taxes, then "fees" to get the transaction through their Finance & Risk Control departments. Then they "discovered that the account I used to received the funds was no longer adequate for the transaction, and I needed to send the $5000 through another account to assuage their worries.