I did an online search but it was a quick one as I got excited about the opportunity. I acted stupidly, to be honest.
You think to lose intentionally until I reach my initial deposit and try to withdraw worth taking the risk, as I will still need to send them 2% transaction fee?

I've been stupid and got into contact with a guy called Glen Morley through telegram who supposedly has a very high accuracy signal rate on bitcoin trading, which he did actually, assuming that the exchange had genuine charts. We made a deal to split the profit 80/20. He didn't ask for any private info or whatsoever. He directed me to open up an account on bitfami.com

After the first day, I was almost sure that it was a scam. When I tried to withdraw the next day, the exchange told me that I'm not allowed to withdraw because my account was new and I have to wait for 4 business days to do so. It appeared during that conversation that they are also charging a 15% tax if your profit exceeds 20k USD. I've been also encouraged to continue trading in the meantime and they couldn't give a reasonable explanation of why to do so. When I asked why they have such rules nowhere to be found on their site, they became mute.

As I wasn't allowed to withdraw, I decided to go on to see the outcome of this story assuming that I've most probably lost my initial investment. Glen sent me signals to trade and I ended up with 5,9 btc from 0,25 btc in a week, just by 5 trades a day. In the meantime, I kept on thinking about possible scenarios but couldn't make much sense of the situation.


After a week, today, I made my last trade today to figure out the whole setup. It appeared that the 15% tax of the total profit made that they were mentioning was supposed to be deposited in order to withdraw which is something they don't mention. It's not even written anywhere on their site. In my case, it's around 6,400$. I don't have that money. Even if I had there's no way I'll deposit again to a shady exchange that comes up with last-minute surprises. When I told Glen about this, he admitted he knew about it and he encouraged me to pay it by getting a loan!
 
I believe that the guy so-called Glen and this exchange are operating together. At first to convince people to deposit, then to make them believe they're making fast profits and at the end to make them deposit ridiculous amounts to withdraw which would probably never happen.

Scammers Profile Link: www.bitfami.com / @Gmorley (telegram)

Reference Link:  
Amount Scammed: 0,25449
Payment Method: Bitcoins
Proof of Payment: https://btc.com/1FLW9UtFrCvaga9FEBcPx8TFwbzfsXB8w8
PM/Chat Logs: https://imgur.com/a/Gmorqhe
Additional Notes: