Hey all,
I downloaded an app from the store, this investing app called Quick Earn about 3 weeks ago after seeing ads everywhere on both social media platforms. It looked totally normal with good reviews. They requested the funds to be sent in crypto, they explained something about U.S. regulation and no middleman. So, I put in $12000 from my bank in Florida to coin-base, as they suggested, made a few trades, saw some good gains. Deposits went smooth, first withdrawal worked. I kept pushing more money in and even got support and offered to take VIP trading opportunities. After 2.5 months I invested 280,450 USD. Everything was smooth. Then I tried to pull out more and it said pending review. Support went quiet. Today the whole site is down. Reviews are tanking with the same complaints. I am freaking out. Bank says the transfers were legit. Feeling, obviously, dumb and helpless but it seemed very real. What should I do, file with FTC or bank first?
The app looked legit for 3 weeks… now support is gone and site is down. Can I really trust crypto?
byu/Massive-Evidence7690 inBitcoinBeginners
Posted by Massive-Evidence7690
5 Comments
I really hope this is a troll, because literally everything in your post is a massive red flag and belongs on r/Scams. This is a very, very, very common pig butchering. Obviously, there’s no way to make thousands of percent returns in months.
You can trust crypto, you can’t trust yourself though.
Gr8 b8 m8
You can report it to authorities, but don’t do so in the hopes that anything will be recovered, as it’s highly unlikely.
The reason to report is so that they are aware of it & can include any info provided in their overall efforts against these types of scams going forward, but the likelihood of them recovering money from a scam that’s already happened is almost zero.
File with FTC and IC3 anyway. It creates a record. But don’t expect speed. My cousin lost nearly $500K to a task scam thought she was doing remote freelance work, kept sending crypto as fees to unlock earnings. By the time she realized, the site was gone. She’s a 62 year old nurse. Never touched crypto before that scam. You’re not dumb criminals use crypto as a laundering mechanism, period