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SCAM WARNING: Exorce.com

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by COINS NEWS 86 Views

Just putting a post here to alert all future potential users of an exchange called Exorce.

I feel like an idiot for not seeing the red flags early on before depositing $25,000 into their exchange.

There is no information available about them on the internet currently and I'm hoping that this post will deter at least one person in the future from making the same mistake as me.

After testing a few small withdrawals I deposited a larger amount into their platform. Once the time came to withdraw my funds in full they accused me of insider trading and blocked withdrawals on my account.

I became suspicious and started researching them more thoroughly, turned out the awards on their website are fake, the company doesn't actually seem to be registered anywhere and the physical address on their website doesn't actually house their businesss.

They then said that I need to pay an "insurance fee" of 25% of the current account balance in order to unfreeze my account, which I did. Then they came to me again and said there was an issue with identifying the wallet which the deposit came from so I need to do it again.

At this point I'm cutting my losses. A very bitter pill to swallow of course but I've learnt an important lesson in only using trusted and verified platforms for trading. I feel like an absolute idiot right now.

submitted by /u/PeachLemonBerry
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