Pexcrypto.com FCTC Flush Community Token (Potential scam?)

[Utopian888]

Hi , I am new to this  and more than likely a great example of someone not knowing what they are doing and getting their fingers badly burned, please don't beat me up over this as I feel pretty bad with worry at the moment and very foolish !

Does anyone know of this web site Pexcrypto.com and whether it is real. Browsing the web there are a few references FCTC

I purchased Bitcoin from Binance.com and exchanged it on the Pexcryto.com website for FCTC (Flush Community Token currency) as an "invite only subscription" which I was invited to at the end of October this year  I have done the classic mistake of being cautious and on purchasing a minimal amount seeing the price rise and then throwing in more money to buy more, because somebody told me it was a good deal! 

The start price was .25 and now currently stands at $12 not sure what that is in GBP

I was "advised" that FCTC was a good potential investment.

Now, at the end of the "subscription" which as it stands is in 18 days I can "withdraw" the FCTC and exchange it for USDT and then convert that to GBP

I know the Pexcrypto site has the secure padlock, but that does not mean anything, also my so called source of advice says that FCTC might drop in price due to a "large consortium" who may try to sell in advance. So the answer to that was that I should purchase 10 % of bitcoin which works out to be 10% of what i have so far accumulated of FCTC, deposit it into the Pexcrypto site and then I could get what I have supposedly accumulated so far back, less 10 % which is a "handling " fee for early redemption. I cannot see why anyone would be able to jump ship prior to the end of the subscription especially as the price is on the up and not open to the general public until the subscription is over.

Emailing the website is a nightmare and am not getting any real answer except to say I can withdraw when the subscription period ends.

Has anyone come across this and is this real or potentially fake? (I know if its fake then i'm screwed!) but I just need some thought out opinion

Hope that makes sense

[odolvlobo]

It's all a scam. Don't put any more money into it. Withdraw whatever you can. Maybe you'll get lucky and recover your money. Your "advisor" is part of the scam, or at best a complete idiot.

[Utopian888]

I very much feared that this was the case, I feel very much a complete cretin. Potentially lost a lot of money. Problem is the money is locked into the website at Pexcrypto.com Their Support is rubbish appears to give stock answer cannot take money out until the "Subscription" period is over , makes me think the website will disappear after the elapsed time period is up. I am assuming that this is an Initial Coin Offering (ICO) scheme


I did actually look on the internet for signs of Pexcrypto FCTC there were a few sites I suppose in hindsight designed to make it all look authentic.

https://zephyrnet.com/pexcrypto-will-open-fctc-trading-on-october-9/

https://jdebunt.medium.com/pexcrypto-will-open-fctc-trading-on-october-9-da4806963329

https://cryptomode.com/pexcrypto-will-commence-fctc-trading-on-october-9/

I suppose I can only report it to the Police , who won't be able to do a thing about it. I'll have to report it to my bank as the payments to the site were made by UK bank card.

Yes you are correct the individual is I believe part of the scam

Life sucks for me now... but thanks for the reply


Update the "Scammer" is saying that I can withdraw money if I put 10% of the total invested as bitcoin into Pexcrypto.com as a "handling" fee to get my money back, funnily enough when I email Pexcrypto support they say in their poorly worded email I cannot withdraw anything until the subscription is over in 18 days time.