The Washington State Department of Financial Institutions (DFI), Securities Division, has received a complaint from a Washington resident regarding a purported cryptocurrency trading platform called Mic-Markets, available at https://pc.micmarketsltd.com.
The investor was invited to trade on the Mic-Markets website by someone they met on a dating site. They soon began communicating on WhatsApp. The investor traded cryptocurrency on the platform and saw their account dramatically increase in value in a short period. When the investor tried to withdraw their profits, Mic-Markets required them to pay multiple fees. The investor has been unable to withdraw their funds and has lost their entire investment.
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