The Washington State Department of Financial Institutions (DFI), Securities Division, has received a complaint from a Washington resident regarding Csecrypto.com, a purported cryptocurrency trading platform. That website is no longer available.
The investor learned about the platform through a social media ad and communicated with the scammers on a messaging app. The investor transferred cryptocurrency into their account on the platform and has been unable to withdraw their funds.
These allegations have not been verified by DFI.
How to Avoid Becoming Victim of a Scam
DFI urges consumers to exercise extreme caution before responding to any solicitation offering investment advice or financial services. Investment professionals need to be licensed with DFI to offer investments to Washington residents. To check the licensing status and to find out if there are any complaints against an investment professional, please visit FINRA Brokercheck.
How to Report
If you believe you are a victim of this alleged scam:
- Report to FBI
- If you are outside Washington State: contact your local Securities Regulator
- If you are a Washington State resident: Submit a Complaint for statistical purposes.
Additional Resources
Virtual Currency, Cryptocurrency, and Digital Assets Information for Consumers