In the recent period of time, some platforms frequently appear to induce trading, malicious warehouse bursts, restrictions on customer withdrawals and other extreme phenomena, and this kind of behavior to harm investors is increasing. Friends in the foreign exchange industry are also crying foul.

Let's take a look at Huiyou's complaint against the trader Cryptoneyx.

Patry, a trader from Spain, quips that he made a forex investment through the active gold trader Cryptoneyx and now wants to withdraw my deposits and profits, but finds it impossible. The trader Cryptoneyx tried everything to delay the withdrawal application, and they contacted me almost every day with different international numbers and different social media numbers, complaining that the account violated international laws and required various taxes to withdraw cash.

Another British Huiyou said he also encountered such problems, but he also failed to withdraw cash after paying the tax claimed by the platform. British friends said,

Worst investing experience I've ever had while investing in Cryptoneyx. They asked for more deposits to build my portfolio, and after a large number of trades generated profits, the platform claimed to pay taxes when it withdrew its own cash. After that, even if you pay taxes, you still can't get your money back. Customer service said that my trading account was suspended because $65,000 in Bitcoin had been deposited from a third party. According to the anti-money laundering policy, $47,900 of bitcoin must be deposited into the account, but I checked the relevant laws and did not find this provision.

So why would a good trader not let his clients withdraw their cash normally? What kind of platform is Cryptoneyx? With a lot of questions let me dig into the drill of the platform.

According to Huiyou's explanation and the screenshots provided, we found that the victim's experience was ultimately unable to withdraw money normally, and the platform deliberately defaulted on customer funds and delayed remittance. In the withdrawal process of some regular dealers, the corresponding application email is often submitted, and the account can be normally received after a few hours.

From the information claimed by the trader Cryptoneyx, the platform is registered in China, and the trader is currently not under effective supervision.

Check the MT4/5 software of Cryptoneyx, the system prompts non-MT4/5 software. Simply put, in addition to using pirated MT4/5, there are also black platforms using other non-MT4/5 software to scam investors. These black platforms are most likely to use self-programmed software, the perpetrators can freely manipulate the user account system display market, and such software will steal, or even tamper with user data, and often have the situation of delay. Taken together, this explains why platforms do everything they can to discourage customers from withdrawing money.

Finally, after looking at the office address and contact information of the platform, we found that the platform is registered in China, but the information provided by the platform is extremely little, and there is no mainstream contact information such as Twitter and Facebook of the relevant company. The company also had no physical office address, which raised suspicions, and the company's official website did not work.

In fact, the fraud procedure of unscrupulous traders like Cryptoneyx platform is very clear, crooks generally exaggerate the various activities of the platform on the network to attract Huiyou into gold, and when Huiyou enter the gold platform to generate a certain profit after trading, the platform will obstruct with a variety of "variety" rules. Therefore, once Huiyou is tempted to the black platform system built by the dealer, the account is only a virtual number, and the real gold and silver charged to the platform has actually been in the bank account of the fraud is doomed to be unable to be recovered.