Recently, a friend living in Italy broke the news to me, saying that his principal of more than 200,000 US dollars was Mired in the WhaleEx platform, and he was always unable to withdraw a penny when he withdrew.

He made a total of $200,000 on the WhaleEx platform

Huiyou described her as a Chinese national who currently lives in Italy. At the end of August this year, she met a Northeast man on the social platform, because they are fellow villagers, the two people soon talked. After gaining the trust of Huiyou, the man offered to take Huiyou with him to make money in currency speculation, saying that his brother had inside information. According to the link sent by the other party, Huiyou downloaded a WhaleEx platform APP and an OKX (Ouyi Wallet).

After registering the account, Huiyou made an initial deposit of 70,000 yuan and later added another 30,000 yuan ($14,330 in two contracts) through her account in China, which quickly made a profit of more than $1,000. At this time, the man proposed to let its additional funds, invest more and earn more, under its encouragement, Huiyou made an appointment to participate in the platform's upgraded VIP reward activities, requiring a cumulative deposit of $200,000.

The money in the account has doubled, and the withdrawals have fluctuated

After the upgrade to VIP, Huiyou account quickly made a profit of 212,210 US dollars, so he wanted to withdraw part of the cash, the result platform customer service said that the system update 36 hours, after the completion of the update can handle the withdrawal business. Finally waiting for the completion of the system update, the platform customer service said that the water is not enough, so Huiyou and according to the requirements of the brush full of water, thought that this finally can withdraw cash, but the result was told that you need to pay 20% of the profit amount of personal income tax, that is, you need to pay $42442.094 before the withdrawal business.

At this time, Huiyou has invested more than $200,000 in principal, many of which are borrowed from relatives and friends. In the face of this high "tax", Huiyou said that he could not raise so much money. At this time, the man kindly offered to help Huiyou pay a tax of $20,800, and the rest of the Huiyou should find a way to get it done. Thinking of withdrawing money, Huiyou was moved, so he raised money to pay the remaining more than $20,000 in "taxes", but things were far from as smooth as she imagined, and the platform customer service said that there was a $20,800 fund that had not arrived in the account, and Huiyou repeatedly asked.

After all, there will be no gold! It's hard to even call the police

After a long time, the platform customer service informed Huiyou that the bank found that a sum of $20,800 was returned, because the bank was identified as suspected of money laundering, and the funds had been frozen. Because did not pay taxes, Huiyou account is always a penny can not withdraw cash, at this time Huiyou finally realized that he was cheated and want to call the police.

However, as Huiyou was in Italy, the local police could not handle the case, because the money transfer involved were all accounts in China; Also because she was abroad, and the domestic police did not accept the report on the grounds that the matter was not within the jurisdiction, Huiyou felt cornered and submitted a complaint to FX110 network, hoping to help recover the funds.

Black platform stay away

Huiyou Trading's WhaleEx platform, available at www.whaeokx.com/#/, was added to FX110's list of fake traders on November 2.

The domain name of the platform was established on August 28, 2022, and it is advertised as a cryptocurrency investment platform, but it is not regulated by any financial regulator. In addition, the platform's web design is simple, there is no company information, and there is no effective contact method, which means that the web page does not have any real information, and it is very difficult to recover the cheated funds.

This reminds the majority of investors that they should treat the network information rationally and prudently. Do not trust strangers, and do not take cheap things that fall from the sky. Whether it is speculation or speculation, it is a very cautious thing, but also need to master a certain amount of investment knowledge on the premise of choosing a compliant trading platform.