Bitkanres.com Reports & Reviews (1)
Bitkanres.com Contacts
If you know any contact information for Bitkanres.com, help other victims by adding it!
Add new contacts
SCAMPULSE
|
SCAMPULSE
If you know any contact information for Bitkanres.com, help other victims by adding it!
Scammer's email [email protected]
Country United States
Victim Location VA 22942, USA
Total money lost $196,196
Type of a scam Other
After a number of successfully guided trades on the BITKANres.com platform, I withdrew successfully $140 on 6/21/23. For the next month I was assisted with some trades, and was convinced by Annie that in order to make bigger profits, I needed to use more capital. I decided to take a loan out on my 401K for $36,000 and converted it to cyptocurrency and uploaded to BITKANres.com. I then after making some more profits of approximately $8,000, I decided to withdraw $4,500, which I received successfully on 7/24. Over the next few weeks I started trading on my own and was able to accumulate over $60,000 in profit on the exchange. At this point I felt confident that this was a legitimate business and the persuasion of Annie, decided to come up with more capital, and took a loan on my home equity for $106,000.
On 8/11/23 I started a withdrawal for $105,000 from BITKANres.com. And waited a few days for it to clear. After waiting one week I contacted the exchange to ask when it would be transactioned. They stated that I needed to follow the rules and pay the taxes on my profits before a withdrawal can be completed. The tax amount was $14,000, which again would go back into my account and was just to prove that I had the funds to pay taxes owned and to protect the users of the platform from nefarious activities. I confirmed this with Annie and she confirmed that this is how it worked for her as well. I took out a loan on a credit card to get these funds and sent them to the exchange on 8/11. After another 24 hours passed the account showed that it was still under audit so I asked customer service what was going on. They stated that I was just a normal account holder and that it would be paid out in the order of others ahead of me. Which at that time was stated as ~1600 customers. And that it could take 3-4 months to process. I waited another 2 weeks then inquired on how it was progressing. The numbers had gone down to around ~1400 customers ahead of me. They (BITKANres.com online customer service chat) mentioned that if I wanted to become a VIP member, then I would benefit from not only 1 day processing of withdrawals, but also fast recharge and some other benefits. They quoted that the amount to become a VIP member would be $30,000 / 1yr, $60,000 / 2yr, & $90,000 / 3 yr membership. And that this coin would remain in my exchange account once paid. It just to show my ability to be a trustworthy site user, they implied. I confirmed this with Annie and that she confirmed that this is how it worked for her as well. So I opted in for a one year VIP membership and refreshed the account with an additional $30,000 of coin on 8/31. After this I was told that the withdrawal would be processed in the next 24 hours. After that time passed, the withdrawal still had not processed and the transaction stated that it was under audit. I inquired as to what that meant with customer service and they stated that after review of my account, I had violated trade rules of the platform. I inquired what rules? They then sent me a set of three rules of the site, and stated that when I signed up my account, these rules were provided to me. That was not true. I had not been provided any rules and could not find them in any of my records and I keep very good records. They stated that the three platform rules were:
1. A maximum of three trades can be made on a trading day for delivery contracts or perpetual contracts.
2. Delivery contracts can be traded on the same currency market up to twice a day.
3. When users withdraw profits from the trading market, they must pay the corresponding tax before withdrawing.
Since I had never seen or received these rules, I was unaware of them and conducted transactions, without any knowledge of them.
Customer service stated that I had violated trade rule 1, and that I had traded on a single platform over 16 times in one day, on a number of days. This was true and was verified. I was told that in order to clear this violation, the charge of $50,000 would need to be uploaded. I had many back and forth conversations on this but ended up sending the funds (two payments of $25k, on 9/16 and 9/22) to clear the violation after confirmation, from the platform, that my funds would be cleared for release after payment. And that the $50k paid would be returned to my account balance.
After the payment of $50k was made, Customer service advised me that I had violated also rule #2. I initiated 7 withdrawals of small amounts on 8/4. Before I was made aware that the taxes on profits (~$14K) needed to be uploaded. This caused customer service to flag another violation on my account. This time the change would be $30k to clear this violation and I paid it on 10/3.
After this payment was made I waited another 24 hours, to then find out that the withdrawal still had not processed.
Customer service advised me that now all violations with BITKANres.com had been satisfied, however the blockchain has flagged the coin in my withdrawal as having errors in their addresses. Customer service assured me that the address errors could be resolved by paying a fee of $30k to have a blockchain technician fix the address errors. I had a lot of back an forth on this topic with both customer service and Annie. She stated that she had a fellow colleague that had the same type of issue, and worked through it by paying the blockchain to manually fix. As I was desperate to get my money out, I scraped the last bit of money left from my home equity loan and from my wife's savings to pay the $30k to have this completed on 10/10. After this payment was made I awaited another 24 hours, to then find out that the withdrawal still had not processed.
Customer service advised me that now the blockchain must open a new transfer channel in order to release my funds, due to the long time that had passed since the withdrawal was started on 8/11. And that it would take a payment of $50k to have this work done. I had many discussions with customer service on the options and was told that I had 21 days to complete the payment. When the 21 days came, I contacted them again stating I needed more time, they said that as a VIP member, they would give me until 11/10 to make the payment.
On 11/2 I reached out to an attorney He described the situation I have experienced exactly resembles a cryptocurrencies scam known as “butchering the pig”. I was advised to not pay anymore to this platform and to reach out to law enforcement on the theft of my money. He has provided steps for me to take actions, in attempts to recover my assets and stated he is available for discussions by myself and law enforcement, as needed.
At this time I have not notifed Annie, nor BITKANres.com that I am pursuing legal action with the police, in hopes that they will not take any immediate actions to hide their activities, or move my assets before it can be tracked and reclaimed.
Total personal money invested with BITKANres.com = $196,196.20 (does not included any profit)