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Do not invest with this entity

This entity appears in one or more regulatory or sanctions lists (SEC PAUSE, DFPI, OpenSanctions). Report to the FBI IC3 at ic3.gov and the FTC at reportfraud.ftc.gov.

Coindf

Investment / sanctions alert · dfpi

DFPI — Victim narrative (California)

A California resident reports on their experience with the crypto asset trading platforms, Crypto Chain and Coindf. The individual deposited money on both platforms and believed they were successfully trading crypto assets. But when the victim attempted to withdraw funds, the platform demanded they pay ”taxes” of 30% before they could withdraw their funds. All told the victim lost more than $1 million. The website is no longer operational.

Estimated loss: $1,000,000

Type: Fraudulent Trading Platform

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What to do if you were targeted

  1. 1.Stop all transfers immediately.
  2. 2.Contact your bank or wire transfer service to attempt a recall.
  3. 3.File a complaint with the FBI IC3 at ic3.gov.
  4. 4.Report to the FTC at reportfraud.ftc.gov.
  5. 5.Report to your state securities regulator via nasaa.org.