Bitcoin Forum

I researched various crypto recovery services and found only one legitimate service, Payback.ltd, according to both Trustpilot and Sitejabber. Although there have been complaints that this site is a scam organization, there have been way more positive reviews than negative ones.

I made a mistake by depositing money on a cryptocurrency site called webulltradingbot.com.


QUESTIONS
Is it possible for a cryptocurrency recovery service to extract funds from this website?
Has anyone used Payback.ltd and if so, what has your experience been?


https://postimg.cc/xc9FD30S

Hi

Obviously you have been scammed and webulltrading.com is scam site that is used for fraudulent activities. Although the people who scammed only used webull as a bait for since it originally existed. I supposed it was one of those telegram scams.

Sorry you have lost your money and I don't think there exist a website or an app that can reverse your deposit or recover any lost funds. I advise you move on and forget about the funds because if you continue going after the money you will probably lose more because the same scammers will promise you that your money can be recovered hence will scam you off another funds.

Be cautious, trade wisely next time and hope you will learn here never to trust anyone with your funds and one more thing you should know crypto or Bitcoin is not a get rich quick thing.

Thank you for taking the time to read my post and provide your valuable opinion and advice. I sincerely appreciate it.
I did read a lot of positive reviews about Payback.ltd about how they retrieved funds. Not just one or two positive reviews, but about 100 of them. Usually, if a website posts positive reviews about themselves, it's usually just several, at least from my experience.  What do you make of the 100's of positive reviews?

Also, it wasn't a telegram scam. I followed a prominent YouTube crypto channel and paid money to join his Patreon and discord. He then advised me to deposit funds into webulltradingbot.com for high returns. I foolishly did.

You should also be aware that some people are paid to make everything look so real. That way, they are given money to drop positive reviews on their review page just to trick potential newbies into thinking they have a valid service. They can pay for more than a 100 but you have to be wise when dealing with such websites.
Socal medias, like telegram, Facebook and YouTube are one of the easiest ways scammers uses to scam people. They make up lies on their videos claiming to be experts in crypto. You should be wise enough not to fall for any such nonsense. Unfortunately you already did and have been scammed. You have to know that no one should be trusted online as long as it comes to the safety of your funds. You have to be wise and security conscious. The mistake you made was to make contact with this person and equally trusting him to have paid just to join his discord. Now you have also made the mistake to have deposited some money to this website.

As Churchillvv mentioned, there's no way to recover your funds now. Learn from this experience and be more vigilant in the future to avoid falling victim to scams.

Even with the 100s of reviews it could still be scam. There are websites that sells reviews and they might have bought some positive reviews to make their sites legit. So positive reviews do guarantee safety in any ways.

Sorry for your lost once again! I thought it was one of the telegram scams because I have seen so many of them.

One thing you must know, even the YouTube influencers that promote this scams are not aware of the scams sometimes because they definitely do not use them. So their jobs is just to promote them and get pay thats all they do, which is  why you can be scammed from the posts of an influencer.

Since you have registered here, just take your time and learn from this forum. Ask questions that are not clear to you here and you will definitely get good answers with that you will never fall for scams anymore.

WHAT I'VE LEARNED
1.  Eddie Moon, the YouTube influencer who advised me to deposit funds into webulltradingbot.com, might be unaware that it's a scam site. He might only be getting a commission on the deposits.
2.  There is NO WAY POSSIBLE to recover the funds.
3.  Crypto recovery services, such as Payback.ltd, pay individuals to write positive reviews about their services.
4.  The best approach is to learn from this and move forward. Forget about it and take it as a learning experience.

• By the way, I did report Eddie Moon to YouTube and several other organizations, but nothing was done about it. But then again, he may be aware of it.

• I tried to write a review on TrustPilot about webulltradingbot.com but it was deleted.

• I completed the necessary paperwork with the FBI Fraud Department, but unfortunately, no action was taken.

• I searched for "cryptocurrency scams" on Google and found out that they're very common and increasing rapidly. It bothers me that individuals like Eddie Moon and websites like webulltradingbot.com continue to scam people without facing any consequences for their actions.

The site is inaccessible and it is 6 months old site. I can't seem to find more info outside this forum about this site.
There is already a thread about this that talks about stuck withdrawal you can check this link below

- https://bitcointalk.org/index.php?topic=5459628.0

Do you have any proof that you deposited on this site so that we know if you actually using the site or promoting it here because there are a few newbies here talking about it but their issue has never been solved but keep mentioning the website here on the forum.

And take note if you sent a crypto to them the transaction is irreversible so I don't know the Payback. ltd will be able to help you with the deposited amount.

https://i.postimg.cc/8C2Gs2Kt/04-Deposited.jpg
https://i.postimg.cc/Znc08bXT/05-Email-Requesting-15-000.jpg

Thats not enough proof it's just an email you need to provide a TXID or a transaction link if you deposited to any of the addresses they provided via email.

If all conversations are in Gmail how did you trust them with that big amount?
I can't even access their site so it's weird how you contacted them.

The so-called crypto recovery service (payback-ltd.com) that I have got via your email address is a scam too. Please do not send them any money or valuable information.
They claim that they have been doing the recovery service for 7 years as par the message they sent you but that's not true

I would like you to read the negative reviews on Trustpilot and sitejjabber. Obviously, they have very many fake positive reviews from fake accounts, but I want you to look at the 1-star reviews.
1. https://www.sitejabber.com/reviews/payback-ltd.com
2. https://www.trustpilot.com/review/payback-ltd.com?stars=1

If all conversations are in Gmail how did you trust them with that big amount?
All the conversations I had with Eddie Moon were done on his Discord channel.
I was new to cryptocurrency, and I was impressed with the content on his YouTube channel.
He promised me high returns on that site, and I just believed him. The money was from an inheritance.

Thats not enough proof it's just an email you need to provide a TXID or a transaction link if you deposited to any of the addresses they provided via email.
Eddie Moon instructed me to make a wire transfer from my bank to webulltradingbot.com.
However, I just now went to my bank's website. They only provide a record of the wire transfer for up to 180 days.  I made the wire transfer about a year ago.
I did file a complaint with my bank's fraud department, and they said it would take up to 4 months to retrieve the funds. They said it's a 20% success rate. After 4 months, they told me they were unsuccessful.
I then spent a lot of months with a crypto recovery firm, which was a complete waste of time.


I can't even access their site so it's weird how you contacted them.
I'm not able to access webulltradingbot.com anymore.
When I try, they ask for a "verification code" from an "authenticator" in order to enter the site.
I have tried several authenticators, but I don't receive any verification codes.

https://i.postimg.cc/hv1rh47L/webulltradingbot.jpg

Thank you for your input. I've decided not to use Payback.ltd, as well as any other crypto services, based on the feedback I got from this bitcoin forum.

You have been scammed and you should avoid using such service because almost all services like that wre scam even if you see a good review. The website that give the review may also be part of the service. As for the funds that you have deposited, you don't have a chance of getting it back unless they send it back to your wallet. For me, trusting someone with the wallet even if you can't access (wanted to recover the wallet) it is already compromised and it's better not to use it anymore if ever the wallet is recovered.

Your information is very similar to another user's information on both this forum and the altcoin forum.
You say you Googled this site, but the first search brings me to a post that says it's a scam, posted in the summer of 2023 and again in October.
https://www.altcoinstalks.com/index.php?topic=310719.0

I'm inclined to think that all the accounts are yours; why is there old information here?
What do you want to achieve?

The smartest conclusion :)

Considering that you know two of the addresses, I think your best bet is to use services that help with tracing such things ^{[hopefully, they'd come in handy for intercepting their activities but having said that, don't get your hopes up]}:

---

That's weird... I always thought most of them were supposed to retain such data for at least a few years!

You have a point, but you might want to refer to the latter part of the subject field.

The scamsite (or a clone) does seem to be still running, but the domain name shown on this thread so far lacks a training "s":

And, as with all these scams, it bears a bunch of clones to facilitate diversifying their scheme:
They’re practically the same, with a different "offering" and ROI (by the way, the site listed at the beginning of my post renders a crappy "return" compared some of the others listed above, which goes to show). The scam stinks from miles away, and follows the traditional plot of invest x per month and get y per month guaranteed.

Note: Not really sure now just how for real we are on this particular case ...

You have already made a mistake and your money seems to have gone, don'take more nasty behavior that could add to your incidence by trusting in any third service providers that promise recovery of your funds, there's no how they can do that, they are just looking for means for an extortion through such medium, because you will pay them for the service they will achieve nothing on, so why wasting your time, about what you saw online concerning trust pilot and the likes of o line reviews, they can manipulate all, transactions are irreversible, and lost funds are irrecoverable.

I am sad about your loss; this may not have been the Eddie Moon account that contacted you on Discord. Perhaps it was one of the scammers impersonating his main account. There are really many scammers who send these new scam sites and promise people high returns. Even if Eddie Moon were the one who sent you this fraudulent platform to try the fake service they provide, it would have been better for you to do your research first or ask the crypto community about this matter. You cannot trust any YouTuber or anyone in this field because they are primarily looking for the money they get by promoting a platform, a currency, or a trading bot on their channels, and it does not matter if the followers fall into the mud because of what they did.

This is certainly going to happen. They received your initial deposit, and you received a confirmation message indicating that it has been confirmed to keep you from feeling concerned. After this, they asked you to deposit $15,250 so that you could withdraw from their fraudulent platform, claiming it's the trading bot fee. When you didn't comply with their request, they restricted your access to the platform by implementing fake two-factor authentication, preventing you from contacting them again and making it appear that the mistake is on your end. Now, they have removed traces of their scam, and clicking the link will redirect you to advertising links.

That's what OP already knew and he already said he should leave it now but sharing here the story and answering to the member's comments so that we can talk about this case and save ourselves from such bots. Actually, the amount that OP has deposited is more than $55k. If I am not wrong, as he shared two pictures and in one he deposited $40k and in another picture, he deposited $15k which is not a small amount of money. I just can't believe that OP had that much money but ok I accept that he had that money from inheritance.

But why deposit all the money on a single platform that you just get to know via some Youtuber and TBH I never heard of that Youtuber before. TBH, my only advice for anyone newbie here is, that they should DYOR and never trust anyone blindly. The whole case is very frustrating if it is real.

I do not know about the recovery site you have linked, but the only legit recovery service is the one by Dave: https://bitcointalk.org/index.php?topic=240779.0

He has a lot of good reviews around this forum, so you should check him out.

Sorry to say but your money is gone, and you even trying to look for a way to get it back will expose you to another possible scam, it's true that some reviews are good for what ever website that promised to get your lost fund back but seriously, aren't you aware that reviews online are not always real?

To confuse people like you, that's why those reviews look so damn good, what you don't know is that some people are paid to write good reviews about the scam platform to deceive innocent people.

If I were you I would just move on and learn from my mistake, and make sure it never happen again, next time you should ask questions on here before doing anything, you are here now, so don't hesitate to ask questions before funding anything or using any platform.

Sorry for the OP lose, he's been scammed, his fund is lost and that's the sad reality, and he should be very careful if he still wants to go ahead to recover his lose, because he might end up being scammed again and losing more money in the process, as he has reported to the authority about the scam it's best now to learn from the very painful experience and move on. Let him understand that he shouldn't trust anybody or entity on the social media, and he needs to carry out thorough research before deciding whether to commit his money or not, also to be weary of clicking unverified links because they might lead to phishing sites. The crypto space is sadly full of scams and hacks so intending investors in any project must be very vigilant to avoid being victims.

Funds are very much recoverable, banks have a very strong database that can trace information back even possibly to their origin. Their unwillingness to help you is a testimony of your public standing. Convince me that if OP is very wealthy and an important client of them and got scammed, that they will not swing into action and help recover the funds so as to be in his good books.
Were the same FBI not the ones that tracked down CZ of  Binance and his activities against regulation?. They did so because of their interests.
Some exchanges that were hacked previously, whom have records of funds recovery,  various authorities and organizations cooperated with their recovery team and got back their funds. A little example is Hushpuppi who scammed a quatri businessman of millions of dollars, he was tracked by FBI and wired funds recovered.

I believe the reason why they are reluctant to trouble themselves with assisting  OP is simply because they're not getting anything in return and Op is just a commoner.

I remember a nearly identical post from June 2023.
https://bitcointalk.org/index.php?topic=5457549.0

I have the same suspicion that that David92506 account also belongs to this user. Their usernames both follow the same syntax of generic name followed by several numbers.

While doing a google search for "webultradingbot" I came across a GitHub account with the username Jake0303, same username syntax as these newbie accounts. Perhaps these posts are some kind of black hat SEO marketing strategy to promote his bot, otherwise I don't understand the purpose of creating these similar topics.
https://github.com/Jake0303/Webull-Trading-Bot

Don't use the influencers or content creators as basis of trust. Because they don't even use the platforms that they're advertising and they're sponsored for giving exposure these projects or services that appears on their videos.

Most of them don't even research on the actual background of these platforms. What matters to them is to make a content, upload it on their channel, get paid with the views.

And also, get paid if there are sponsorships or brand deals that they have. They won't even care if the platform is a scam or they didn't spot on it for the first time or haven't seen the red flags upon advertising it.

They only care for the money and that's a fact. You rarely see nowadays content creators that care for their audience.

Begin your thread by how you got scammed because depending on how you got scammed and if you know the people behind it then you're going to have a chance to recover that crypto but with most cases, it's unlikely for you to recover your crypto as most of the scams are done online and most of the scammers are close to anonymous. Also, if it's too good to be true then it probably is, there's people already voicing out that the service is a likely scam, why risk trying it when there's already that big of a red flag? In the future, I suggest that you should be more careful and at the same time make sure that you're not too friendly when you're interacting with people online, being too friendly makes you let your guard down and that's how they social engineer you into thinking that they're trustworthy.

Sorry to hear your experience, this is why centralized entity can't be trusted.

Even though you've make a report and the scammer is identifiable because he's a Youtuber, but they don't want to proceed it even they can work together with banks to obtain his personal information.

Since you mention "cryptocurrency" I assume it's altcoins aka centralized crypto, actually the developer able to revert the transaction.

It was a wise decision not to use the services of the mentioned site because they will take advantage, especially when they find out that you are new to the cryptocurrency space. However, the experience and evidence you shared are helpful for others to avoid falling into similar pitfalls. Although it's disappointing that no significant action has been taken yet. Surely, you are aware of the nature of cryptocurrency transactions, where being irreversible makes it challenging to recover funds once they are sent.

I've got little to no experience on this kind of matters, but I sure say you should be careful next time and try to avoid most online wallet payment system, most if them are scam that's why they chose that form of payment that makes it difficult to trace and Is irreversible. Sorry for your bad experience. But thanks for the heads up at least we all know one more site to be careful about

You went from first scam only to be scam the second time, damn but you are not giving us all the information and what led to the second scam.

You didn't specify what happen to the first scam. Did you loss your private key? Did you loss or send money to a wrong wallet? Did you send money to random person address and run with your money? Did you loss access to your seed phrase?  If this what happened, then you have no business to contact any person for help because your access to that coin is gone, nobody can save you when loss access to all the above questions.

Never send coin to any person to recover money or loss coins for you, it will end in another typical scam that you will regret later. It's better to live the case or at most, kindly report the case to a security agency if big money is involved and you know that it's a person you can get through them like maybe exchange situation but if it's an external wallet to external wallet, the chance of getting it back is very slim. Hard luck but next, do a proper research or ask questions here to clean your mind.

None of us are going to believe someone who just created an account to spam their fake recovery service in such an obvious way ^{[feel free to prove me wrong with valid proof]}!
^{- It looks like you're already famous on a platform that lists information about spammers: Your result (https://www.stopforumspam.com/ipcheck/179.61.240.27)}

From my observations and analysis, Payback is not a typical,
short-lived recovery room as some have suggested. On the whole, their strategy
seems well-defined (clear stages), appropriately informed (based on case
studies and past results), and realistically ambitious, especially if you
consider the absence of sound alternatives and are willing to undertake a
calculated risk. It’s true that they don’t flesh out their processes in great
detail on their website, however, I suspect it has to do more with competitive
business considerations than lack of transparency.