Bitcoin Forum

Hello every one Sistemkoin exchange is a scam please withdraw all your funds now before its too late. After Reading Today's article on medium a person named jeff has been scammed by sistemkoin of 1.56 BTC Which Values $40,000. This is a huge amount and its been 2 months and they are not solving this issue. You can read the whole article here:- https://medium.com/@jeff_36488/sistemkoin-exchange-is-a-scam-they-scammed-me-for-over-40-000-and-continue-to-scam-people-t-6bfdb38cb2de

It has all proof and many more people got scammed this is shit . Please share this at all platform to make crypto environment clean and safe.

Uptrennd is  Also fighting for this You Can Check It Here :- https://twitter.com/Uptrennd/status/1235915637244846081?s=20


Thank You So Much. Be Safe And Make Your Crypto Surrounding Safe.

From - Altcoin76

https://i.imgur.com/NTIF8aZ.png

However, instead of withdrawing to account 19JoDC7PgrgZEHijJd9acbA21yTcGg6bbR,
they withdrew it to account 1JnDy9ZgMpoPiFVM7P5xwgF51CJH2UBpJV.
TX:https://www.blockchain.com/btc/tx/b8e63f3444fad88d592f5f0b31c3e7d1c4adb6ddf5f537d82c6eaa8c 8793c811

https://i.imgur.com/6s97V2D.png

Eventually, not only did Sistemkoin block His IP from accessing their site to talk to customer support, but their founder blocked Him on linkedin preemptively, (even though he had never talked there before) and any channel of communication was shut down.
Not only did he lose the 1.58 BTC, he also lost a ton of crypto that he had temporarily sent there to make a trade.
Sistemkoin exchange is an asolute scam.
Please share this article on twitter, reddit, and in the sistemkoin forums to keep people safe.

Provide all the proof needed then open a scam accusation againts this project.

You can easily move this thread there in scam accusation section so the account of that exchange will be tagged and no one will be a victim again.

Read And Check The Link To Get Proof.

Another one proof that you shouldnt use small exchanges

Sistemkon has long been around, only traded there once, and it was needed because of the coin I bought there, I didn't leave it there, sent it to my private wallet to avoid a sad tales. Some friends who have been using it have not complained, if they have turned into something else, it's time we avoid them.

Sistemkoin exchange has bad reputations that i have discussed in 2019 for the first time in this forum. This type of exchange is risky for the investors. I have observed Sistemkoin's support not response any message. So this proof of scam by Sistemkoin may be real from my personal past experience.

This is another reason why we shouldn’t trust new and small exchanges easily. Trading large amounts with low reputation exchanges is extremely risky. Well we could not tell because even a reputable exchange could behave bad without our knowledge, better do safe trades and always mind the risk specially the internal risks.

yes you should not use small exchange because its future is not bright

Sistemkoin exchange Is The Worst Exchange I Ever Had Use And Its Been Scamming The People From A year.

i don't know how it works but i will never use the exchange which had this bad reputation and a very slow customer service in the end they give up and never resolve your problem.

That's true OP should do it now, but he is not the one that was scammed and just got news from one site, it's better to contact the guy and ask him to post all the proofs in the scam section or it will just become hearsay and will not hold much weigh, or better extract the proof where it was posted and ask permission to post it here.

Okay I Will Contact Him To Post All The Proof In Forum Thank You For Your Suggestion.

It turns out that the problem has been going on for a long time and until now it has not yet been overcome. Indeed, the exchange of the system of coins from Turkey is always a lot of problems with its users. It seems that the exchange has a low quality, so the handling is slow, has this been reported to the accusation board?

Sistemkoin often manipulates the price of many tokens into shitcoin there, especially the IEO on average fails.

It might not even be the exchange, what I'm saying is what if the address got swapped from Jeff's PC? There are malwares that can do this already, it's just a thought

Honestly I can only use small exchanges if there is a particular tokens that can be sell on these exchanges, I will never, I repeat, I will never trade Bitcoin and other altcoins that are available on big exchanges on these small exchanges

Many of my clients too have reported fraudulent activities from the sistemkoin exchange. The situation for most is similar to OP. They withdraw on one address while the coins are sent to another and the exchange claims the user has intentionally sent them.
They even accuse users of using phishing sites but they are getting email notification from the official email channel of the exchange.

@ Altcoin76, you should move this thread to Scam Accusations board so people will know about this shady activity from Sistemkoin exchange

https://bitcointalk.org/index.php?board=83.0

I have never used that exchange and first time to encounter them, so I can't say anything to their services. But for those who have had experience, they can share it to the community to avoid others from falling to this kind of fraud and prevent from losing their money.

If you just search in this forum, you'll find tens of scam accusations against sistemkoin and almost half of them have the same issue.
Every users should at least try to research about the exchange or any service before jumping in to trust them with a large amount of coin.
A quick search before the incident could have changed the mind of the person depositing.

I'm not surprised, it seems almost all new exchanges are just here to make money without rendering any good services, I have issue with vindax  exchange too, I guess I'm going to add systemkoin to the list

Right, now there are a few small exchanges that aren't suitable for everyone to use, one of them like Vindax, Bnex, and Sistemkoin, and maybe in the future there will be more that aren't worth using.

Small exchanges do not consider their future, because we can think of small exchanges like a trap for everyone,
so people call such exchanges SCAM.

They are all money grabbers, these new exchanges  have nothing good to offer, I was scammed by vindax days back and till date they aren't responding, instead I got multiple scammers texting me about the problem on telegram

It is unfortunate that today the binance has problems, since this cryptocurrency exchange for me was the most authoritative resource.  Of course, BCNEX cynically continues to deceive its users, not giving the opportunity to withdraw our funds from their accounts.  I still can not pick up my ethereum from this exchange.  It is very bad that there are no levers of control and the influence on the administration of these resources, for which certain facts of fraud really appear.

I am currently experiencing an 18 Day delay met with the same were upgrading and maintaining the BTC wallet.

They have now blocked me from following them on twitter also although i can log into my account.

As this has now gone on longer then my deadline. I informed #sistemkoin that a telegram would be created.

This group is to collate all issues and understand how widespread the #btc or withdrawal problem is.

Please join and share your problem https://t.me/sistemkoinunofficial

We can tackle this together. I do have resources at my disposal and lots of hands make for lighter work.

Kind Regards

Mike

If you go ahead and patronize exchange like sistemkoin it's all on you, sistemkoin, p2pb2b, coinbene, bitforex, latoken are all bad exchanges and there are many bad reviews about them, lack of learning and doing good research is why people still trust and use this type of exchange 

Now it is Sistemkoin, later there will be countless other shit exchanges such as Latoken, Exmarket, Yobit, ... although we can make money by arbitrading but it is too risky when we deposit large amount  over there.  As you can see, the admins can ignore you and block you from sending their communication channels easily. Again, I want to alert everyone here about the regular scam of shit exchanges.  We should only trade in large volumes on reputable Cexs such as Binance, MXC, which have a very professional staff and a large insurance fund to be able to refund you when a transaction error occurs.
P/s: Please send this article to the topic Accused scam project so everyone can withdraw money as quickly as possible.

So, what are your next plans after creating the group? For now, I have found nowhere other than this forum to submit complaints and get some suggestions from old members.

Also, I don't think it would be of much help to create a group if sistemkoin actually doesn't want to accept customer complaints. And most importantly, I hope that you will not ask for a certain amount of money from the members who are victims. This group is also kind of annoying with that many welcome bot messages instead of just placing them in embedded messages.

this is not a good sign, if the exchange need more than 2 months to solve this issue
and i think people should trade with a little amount of money if they want to trade in small and unknown exchange
because the risk is higher if we drop a huge amount of money to small exchange.

Seriously it doesn't even worth risky your funds over, better to use the well known and established exchange to trade than result to this small unknown exchange because at the end you will loss more than you gain, the only problem is many people don't Learn from others mistakes, this small exchange are always shady, most of them.

I don't understand why people like to throw away their money to all these scam exchanges, as long as exchange is using fake volume then is out of it for me, thank goodness now we now have better decentralised exchanges that you can trade on and have control of your fund.