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is masscoin.vip a scam? (lemmy.world)

submitted 1 year ago* (last edited 1 year ago) by [email protected] to c/[email protected]

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Hey there.

All my scam-alarmbells are ringing, but I'd like to have a little perspective because I never got into trading with crypto at all.

A friend of mine apparently put about $70k in different crypto into masscoin.vip Then there seem to have been some hijinx with mistyped adresses, and talks with support later, masscoin.vip representatives tell my friend, that they need to fork over another 10% of their holdings, so another $7k, to validate their account or something.

This has to be a scam, right? The Money is gone, and since it was put in via crypto there is no way to recover it?

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[–] [email protected] 0 points 1 year ago (1 children)

I mean from my glancing it seemed that masscoins exist and there was technological foundation behind that bit.
I just thought that that broker was a scam, because of, extremely weird business practices