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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.

MT7 Coinmt7coin.com

Investment / sanctions alert · dfpi

DFPI — Victim narrative (California)

A California victim believed he was trading on the cryptocurrency exchange platform, https://www.mt7coin.com/. The victim had initially invested approximately $700 in the exchange and believed his account had grown to over $10,000. Hoping to cash out his earnings, he tried to make a withdrawal. Instead, he was contacted by an individual named “Dora” who insisted that although the exchange owes him $9,500, he would need to pay $500 as a prerequisite to receiving his funds. The website is no longer operational and the victim did not get any of his money back.

Estimated loss: $700

Type: Fraudulent Trading Platform | Asset Recovery Scam

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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.