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.
DCEX Exchange
Investment / sanctions alert · dfpi
DFPI — Victim narrative (California)
The victim transferred more than $1,400,000 from Coinbase to an app-based cryptocurrency trading platform. Victim was able to withdraw more than $45,000. Victim then executed multiple trades through that platform and believed approximately $8-9 million was in the account. But when the victim asked the platform to move the funds back to Coinbase, he was told that the funds were frozen, and that he needed to deposit approximately $600,000 as “verification” that the funds were not laundered. Victim has not been able to withdrawal any more funds and now believes that the platform is a fraud. The c
Estimated loss: $1,400,000
Type: Fraudulent Trading Platform
Have you been contacted by DCEX Exchange?
Share your experience (anonymously). Your submission will be reviewed before being shown.
What to do if you were targeted
- 1.Stop all transfers immediately.
- 2.Contact your bank or wire transfer service to attempt a recall.
- 3.File a complaint with the FBI IC3 at ic3.gov.
- 4.Report to the FTC at reportfraud.ftc.gov.
- 5.Report to your state securities regulator via nasaa.org.