r/CryptoScams

Please refrain from spreading misinformation or recommending Switcher.finance without conducting thorough verification.

Based on my personal experience, I firmly believe that Switcher.finance is a scam. I unfortunately lost 500 USDT after using it. I have already reported the incident to the platform’s moderators and provided them with all the necessary details.

I am writing this as a cautionary message to all users. Please exercise extreme caution and refrain from sending any funds or engaging in any activities with the platform until a proper investigation is conducted.

If you or anyone else has had a similar experience, I encourage you to share your story here.

Stay safe.

pretty stupid of me to fall for this, will keep asking for money and come up with more reasons to pay him. avoid telegram vendors in general and dont make the same mistake i did out of desperation

TELEGRAM: Ben_Carson523

Recently I got duped of 2,00,000 rupees in India by some North Indians. They use virtual numbers and i met them in a group in WhatsApp by the name of Crypto India F2F. There there a was a guy who seemed to bloody real that no one could have had any second thoughts about him. I mean i was in the group for a month and was only observing people taking trades and blaming each other for being fake, scammer etc. However there was this one guy in the group who use to trade with people in the most straight forward way. Till the time he was in the group he was very genuine. and one the the group admin decided to remove people because they were not using the escrow service started by the admin. I got in touch with the scammer whose number was "+44 7520 665458" and name appears as "suspiciouslymoist7" i did 2 trades with him for 10K and he did sent me back the usdt and he kept pursuing me to increase the amount for which i wasn't ready. He kept on persuing me for trades then came day i regret 11 June 2026 on that day I agreed and deposited the cash of 1,50,000 in the cash deposit machine while depositing the amount he said he will be sending the USDTs in couple of minutes. I kept texting and calling him and he kept on delaying. I too was fool to trust him so much he kept on telling me that his father is in hospital and he can't pay me now but he will pay as soon as he gets the money. Then after 3 - 4 days i got a call from another virtual number "+61 488 807 892" and his name appears as Crimson archive. Those *rse-holes again duped me for 50,000 stating that they're going to transfer an amount of 3k USDT as that was the initial deal and he could not sent anything less then 3k USDT as their system will not allow them to do so. hence i agreed to transfer another 50K as he said he will be paying for another 1000 USDT from his end. After some days i started getting impatient and as there is a marriage in my home and was in dire need money. I begged him every single day to send me the money but nothing seemed to budge that scammer mofo. I started talking to people he used to deal with and got to know he has duped other too, some for 4 lacs some for 1 lac some for 50k and so on. Somehow oi got a contact number of the person in whose account i paid the money and came to know that he used to buy used from him at the prices of 105 and used to sell it for 97. He used to buy in P2P from app like Kucoin, binance and other platform and scams people on other platforms like trust wallet.

Do you know how can i purse a trading or propriety firm. They refused to send me my payout because i allegedly breached their contract. i keep messaging their support but they kept on saying they are fixing it but now they've emailed me a settlement document that will give me only 15% of my payout from trading cause they will close the operations. Do you know any proceses to report the company or the owner? I have his name and his address in the ph

I was told to register with a site but when I got the URL, it just looked off. The site is:

Cashhapp(dot)site

That extra “h” in it made me rethink about even doing anything with it. I looked up the domain info and saw that it was only registered last month, another 🚩.

The other site is:

Instastockoptions(dot)com

While the site looks semi-legit, a few parts of it also made me think that it’s a scam. And the domain was only registered in April of this year.

There’s a guy on IG named Travis Woo that directed me to the website. I thought about doing it but decided against it. He seems legit but at the same time all the 🚩have me thinking something is off.

Thanks for your time folks!

**•**	My wallet’s total USD value after each swap: $56.78 → $57.68 → $58.60. Step-to-step, that’s +1.59% and +1.59% — inside the promised range.  
**•**	The *individual swap rates* in my transaction history show normal slippage, not a captured spread: -0.09%, +0.09%, -0.34%.  
**•**	Checked stablecoin peg data for those timestamps. No 1.5–1.9% deviation existed between USDT/USDC.e/DAI at any point.  
**•**	Each swap required an “Approve” transaction to a contract address that doesn’t resolve to any DEX router I recognize.  
**•**	My wallet also holds POL (gas token), which moved in value across the same window and could account for some of the balance change independent of any arbitrage.

Questions: has anyone encountered this recruitment path before — job-search group contact, “side project” framing, handoff to a second person running signals? Is there a known mechanism where a scam produces a real-looking short-term gain before a later drain, or is this more likely coincidental POL movement lining up with the promised numbers? And what’s actually behind the unrecognized approvals — is that the real payload regardless of what the balance shows?

Not running a fourth one. Trying to understand the mechanism before deciding what to do with the approvals already granted.

I reached out to a person from Japan who was asking for friends online. They accepted my chat and I'm still talking to them to this day. I will admit, I have been in a dark place these past couple of months and looking for friends everywhere. This person added me and we moved to WhatsApp.

She told me about herself and everything going with her and I feel we connected. She wanted someone who could be a future partner and gave me investment advice without being forceful. In fact, I learned a lot and was able to start using Robinhood. She then advised me about an investment opportunity on a separate crypto currency and that she was going to invest and invited me to do so.

I ended up going onto this website that I should have researched more about and ended up buying around $1000 in BTC and invested it into this new currency. Afterwards, a friend of mine gave me the heads up about pig butchering and all the information started to line up. That website is seedy and rife with misspellings and lack of communication. I was accepting my fate on losing this money but through looking at this bad website, I was able to get my BTC back and transferred it immediately to my Robinhood wallet.

This literally just happened and I'm baffled on how I was able to get my money back. Has this happened to anyone before? I'm still communicating with this person and they seem genuine, but after everything happened, I'm not willing to go through this again. Does anyone here have any similar experiences?

Thank you for reading yall and be safe out there.

I am just wondering is everyone belive this is real and how they manage to deposit funds and to know.that they probably lose it. I don't know I've seen a lot of dudes most of the time.probably bots but all the time spam me this type of things like hey do you know crypto wanna invest 15 dollar and get daily 3$ ? And etc ..

Can we open this pleas again? He steal my money today on my wallet..:/

This Scammer grow a lot on IG an scammed a lot of people NAME: Lizzytrades / Lizzysnipes and on Instagram he have a lot of follower...

Instagram: https://www.instagram.com/fernandolizzario/
400k+ Follower ..and a lot of reache..

please open this comment again, it is not finished...

https://www.reddit.com/r/CryptoScams/comments/1pneyh9/foxaiz_com_is_a_scam/?tl=en

He write me this:

[03.07.2026 18:11] LIZZY: go to https://viaigen.com

get started > connect > confirm > log in > create a sniper account and put your handle @ > set up the filters > set up parameters > pre set the stop losses and take profits in the trade preferences settings, then on the dashboard, sign up to join my livestream on the top left, you'll see a tab, type on search "lizzy streams", then click request to join.
[03.07.2026 18:11] LIZZY: follow the steps and do it fast

Hello,

I am curious if anyone has any knowledge of financial influencers actually being scammers? There is a woman named Dominique Broadway that I am curious about. She continues to pop up on social media. All of her stuff looks legit but when I look for reviews there's really not much to find about her and something seems off. There's some old reddit comments from about 3 years ago that claims her and her possibly ex husband have scammed a lot of black people out of money but I haven't been able to find anything more recent.

I keep getting ads for these crypto casino scams GrandPlay co and Sutwin cc on my Telly TV. They're spending heavy on ads so it must be a profitable scam. These sites have an almost identical template.

They claim to give a $250 bonus with code US250 that can be withdrawn immediately. If this wasn't suspicious enough on its own, they claim to be official partners with Crypto dot com, Trust Wallet and Blockchain dot com. I didn't have to do a Google search to realize there's no chance any of these would partner with a crypto casino. If you try to withdraw they have to "verify your identity". Entered some fake info and they asked for a $100 deposit to "complete my withdrawal"... yeah f these people.

last night i received a message from an old friend, sending me this photo about a fake twitter post from Elon Musk. and yes even as dumb as it sounds i was curious so i searched up the website, HOWEVER i didn’t put any information i just looked at the website. i closed out of the tab when i realized it seemed weird. i was also in private safari, and have always had two factor on all of my accounts am i going to be okay?

I did an arbitrage in jagotrack.com and it asks me to deposit more money to withdraw. Now, I could not take back my money. Will there be now way to take it back?

Tldr: yes

Ill try to make if short.

Co-worker, in her late 60, approaches me to ask some questions about crypto.
She thinks she got scammed of about £250k.
She doesn’t know how.
She started in 2024, by depositing money into different exchanges, until the banks blocked her deposits. Opened other accounts, with different banks, to deposit more. Got blocked.
Then, from what i understood, english is her 2nd language, she got in touch with some people she found on facebook, to help her buy crypto for her. Got scammed for some money, then the avalanche of scammers started to come in.

She then started talking, or they got in touch with her (unclear), some law firm from Switzerland, with HQ in centre London, where a furniture store is, as per their contact page. And she got allocated a lawyer/recovery person, which sent her 28 ETH on Solona network, in base wallet. Apparently, what they could recover. Now, these 28eth are not worth £112K, the amount it shows in her wallet. Now this law firm, this recovery person, is asking for 6.4 ETH either for taxes, insurance, EU tax, all sorts of things.

I have told her to cut all communication with everyone. I told her she got scammed and to trust no one and that, unfortunately, the 28eth is not real.
I dont know how else to help her.
Any suggestions please?

Edit: “get”

Thank you all for your replies!

So my friend send me a scree of him getting money from a crypto site that supposedly Mr Beast advertised on X. Everything looked legit so I went on the site, soakwin.com, and signed in with my alt email. Everything looked fine, I entered the promo code, got 2.5k to withdraw, and it was fine. Until it demanded my card number and I started to get suspicious. I did my research and it appeared that multiple ppl got the same post of Mr beast of promoting a crypto site.
The thing is that he NEVER posted something like that and so I fortunately got off the site and warned my friend about the risk. He did get 2.5k tho. But idk if I need to do anything for my security.

Bonjour à tous, j ai été victime d un arnaque aux opérations de trading de cryptoactif. Ce n est pas le sujet, je souhaite savoir si les fonds disponibles sur une plate-forme de trading peuvent etre récupéré ? Il s agit de la plate forme otocoin. Je peux toujours faire des transactions mais les transferts vers mon compte kraken ne se passent pas.

Хочу рассказать свою историю, год назад я как мамонт повёлся на людей умеющих лезть в мозг. Тг юз @tashexchange_manager1 По своей тупости лишился 23к$ , с тех пор вся жизнь идёт по звезде. Берегите себя и своих близких. Кстати сайт этих скамеров nowaml.com( Ни в коем случае не заходить!!!!!)

I was contacted by someone on WhatsApp with a crypto proposal that sounds unusual, and I’d like opinions from people who understand OTC trading, AML, and blockchain compliance.

Here’s what was offered:

He says he has access to BTC, TRX, SOL, and other cryptocurrencies.
He will send the crypto to my Trust Wallet first.
After I receive and verify it, I have to send him USDT worth 95% of the value.
I keep 5% as my commission.
The first transaction is around $1,000, but he says if everything goes well, there will be daily transactions.

His explanation is that he is based in the UK and says converting BTC to USDT there creates a large tax liability, whereas sending the crypto to someone in Dubai and receiving USDT back helps him avoid those taxes.

He also claims:

He operates crypto mining equipment.
He makes around $2,500 per day from mining.
He showed me his Trust Wallet and other wallets during a live video call, and the balances appeared substantial.
He says I can use Trust Wallet or any wallet/exchange to send the USDT back.

My questions are:

Does this tax explanation actually make sense?
If I receive the crypto before sending any USDT, what risks am I still taking?
Could I unknowingly be exchanging “dirty” crypto for “clean” USDT and end up with compliance or legal issues?
Has anyone here seen this exact business model before?
Is there any legitimate reason why someone with large crypto holdings wouldn’t simply use Binance, Kraken, Coinbase, Bybit, or a professional OTC desk?
Could the first few transactions be genuine just to build trust before something goes wrong later?

I’m not planning to proceed until I understand the risks. I’m looking for replies from people with real experience in crypto compliance, OTC trading, blockchain analytics, or UK crypto taxation rather than guesses.