r/cryptocurrencyscams

I want to warn others about an investment group calling themselves “R7 Investment Group.”

They are run by a person using the name prof K (not sure if this is a real identity).

What happened:

They asked me to convert money into USDT and transfer it to their wallet. Once I sent the funds, I lost control over my money.

They operate through a platform called STX platform, which they fully control. My account was later deactivated, and I can no longer access my funds.

Red flags I noticed:

• You have no control over your money after transfer
• They require crypto payments (USDT) to their wallet
• Profits are calculated only on part of your investment
• They charge high commissions on profits and withdrawals
• They encourage/pressure you to recruit other people
• Their policies keep changing frequently
• They can deactivate your account anytime without explanation

They also claim to be based in HongKong, but there is no clear verification of their identity.

Outcome:

My account has been deactivated, and I am unable to recover my funds.

Additional details (sanitized):

• Investment amount: 50,000 INR
• Network used TRC20

Has anyone else dealt with this website? Any advice on what actions I can take next would be helpful.

Posting this to raise awareness so others don’t fall for the same scam.

This is a warning for those interested or are already into to GCRYPTO.

I recently top-upped my trading wallet via PDAX with a fairly significant sum and put the amount on limit-buy for Ethereum. The amount appeared in my trading wallet but disappeared after a few days but not reflected on Ethereum holding.

I don't think the problem is with PDAX since it only serves to load the trading wallet from a user source fund, usually GCASH.

To date, GCASH hasn't fixed my issue via its disappointing, inept, useless ticket service.

I 'd say think twice before getting inyo GCRYPTO! Find another reliable and dependable trading outfit if you can.

Last Tuesday night, we found out about the issue with Riscoin — that withdrawals were temporarily unavailable. My sister was actually about to withdraw that SAME day, but then this happened. It was supposed to be her first withdrawal, and that money was meant to pay for my tuition and support our daily needs. My sister doesn’t even know what to feel right now or how to process everything. We’re not paying another 200 USD again. A part of me is still hoping things will go back to normal, but another part is slowly losing hope...

I sent my crypto to wrong adress from stake now I’m suffering the consequences of not checking I lost all my money with no chance of return is there anyone who can help me get my money back or shit lend me something 😂 idk man I’m just very stuck right now and feeling really shity I lost that money if anyone has any advice please contact me