ChangeNow.io Another Scam. Holding of 1.05 ETH (2,500 USD)

[Trêvoid]

In most countries, your case is a crime, so your local authorities are obliged to assist you and contact us.
 
Best regards,
ChangeNOW Support Team

ChangeNOW, a cryptocurrency exchange service, sent funds to 8V Exchange. However, 8V Exchange froze these funds because they originated from ChangeNOW. Subsequently, 8V marked the wallet associated with the transaction as abnormal. Once we asked why, their reply was it was coming from ChangeNOW.


Tags:

ChangeNOW Scam Alert
ChangeNOW Fraud Warning
ChangeNOW Scam Experience
Beware Of ChangeNOW Scams
ChangeNOW Scam Reports

[examplens]

ChangeNOW, a cryptocurrency exchange service, sent funds to 8V Exchange. However, 8V Exchange froze these funds because they originated from ChangeNOW. Subsequently, 8V marked the wallet associated with the transaction as abnormal. Once we asked why, their reply was it was coming from ChangeNOW.

So you're still blaming Changenow even though they returned your funds, and they're currently being held frozen by some obscure exchange called 8V?

The process went like this: you sent coins from 8V to Changenow, and they sent them back to 8V. Now, 8V is keeping them frozen because they came from Changenow, even though they were initially on their platform.

I don't like Changenow, but you should direct your anger at 8V and ask them for a refund. At least add them to your signature, because they are the biggest scammers in your case.

[Trêvoid]

ChangeNOW, a cryptocurrency exchange service, sent funds to 8V Exchange. However, 8V Exchange froze these funds because they originated from ChangeNOW. Subsequently, 8V marked the wallet associated with the transaction as abnormal. Once we asked why, their reply was it was coming from ChangeNOW.

So you're still blaming Changenow even though they returned your funds, and they're currently being held frozen by some obscure exchange called 8V?

The process went like this: you sent coins from 8V to Changenow, and they sent them back to 8V. Now, 8V is keeping them frozen because they came from Changenow, even though they were initially on their platform.

I don't like Changenow, but you should direct your anger at 8V and ask them for a refund. At least add them to your signature, because they are the biggest scammers in your case.

I apologize for the misunderstanding. Let me explain the situation

An Ethereum (ETH) transaction was initiated from a private wallet to ChangeNOW for an exchange. ChangeNOW then sent the funds to an 8V ETH wallet as part of the exchange process. Initially, the exchange on ChangeNOW appeared to proceed smoothly. However, when the funds arrived at 8V, they were frozen, and 8V requested Know Your Customer (KYC) verification and additional requirements.

After completed all the required KYC steps and met other requirements, 8V stated that they could only refund the funds to the address from which they originated, which is ChangeNow wallet. Because it did come from there. Once Changenow received money now another case started.

And now ChangeNOW is now not returning the money even tho at support chats, they mentioned that if they can get refund from 8v they can help but it turns out be all was fake.

[Trêvoid]

Before receiving the funds back, Scammer ChangeNow.io were very friendly and agreed to accept the refund to their address.

However, once they received the money, their attitude changed dramatically.

Tags:

ChangeNOW Scam Alert
ChangeNOW Fraud Warning
ChangeNOW Scam Experience
Beware Of ChangeNOW Scams
ChangeNOW Scam Reports


Bump!

I advise everyone to avoid using ChangeNow.io

[nutildah]

I know this is of no help to you personally, but for anyone else reading this thread, I recommend keeping exchange amounts small when using a service like ChangeNow. And by "small," I mean less than $700 at a time. This seems to be the magic number that acts as a threshold of whether or not these services (or the services they employ) will hold your coins on the basis of KYC checks. Also, by keeping amounts small, you risk less loss at a time. Wait until one exchange goes through before initiating the second. You don't get any kind of discount by doing it all at one time, anyway.

I've exchanged coins through them all the time and never had a problem. Maybe its because I employed the method described above. Maybe not. Hard to say for sure.

[examplens]

An Ethereum (ETH) transaction was initiated from a private wallet to ChangeNOW for an exchange. ChangeNOW then sent the funds to an 8V ETH wallet as part of the exchange process. Initially, the exchange on ChangeNOW appeared to proceed smoothly. However, when the funds arrived at 8V, they were frozen, and 8V requested Know Your Customer (KYC) verification and additional requirements.

After completed all the required KYC steps and met other requirements, 8V stated that they could only refund the funds to the address from which they originated, which is ChangeNow wallet. Because it did come from there. Once Changenow received money now another case started.

And now ChangeNOW is now not returning the money even tho at support chats, they mentioned that if they can get refund from 8v they can help but it turns out be all was fake.

OK, now it's clearer.
I didn't know that Changenow uses small exchanges like 8V as a liquidity provider, don't they rely on funds from their reserves?

As nutildah says, they only send smaller sums to such services, although I would rather not use Changenow, nor would I advise anyone.

[paid2]

Not directly related to OP's case but I have found some “method” to recover the funds sequestered by ChangeNOW (the blocking of funds must have just happened and there must have been no previous communications with their team). I've been testing it over the last few weeks with ETH/USDT/BTC originating from eXch (in order to make sure they block the swap and ask me for a KYC lol). I was able to retrieve my funds each time without providing KYC, in about 2-3 days and with only 2 or 3 emails.

I was thinking of communicating it here, but I'm afraid that it would be counter-productive, as they perhaps would see it or be informed of it and then the “method” would no longer work at all... I'll think about it some more.

[Trêvoid]

Not directly related to OP's case but I have found some “method” to recover the funds sequestered by ChangeNOW (the blocking of funds must have just happened and there must have been no previous communications with their team). I've been testing it over the last few weeks with ETH/USDT/BTC originating from eXch (in order to make sure they block the swap and ask me for a KYC lol). I was able to retrieve my funds each time without providing KYC, in about 2-3 days and with only 2 or 3 emails.

I was thinking of communicating it here, but I'm afraid that it would be counter-productive, as they perhaps would see it or be informed of it and then the “method” would no longer work at all... I'll think about it some more.

Is it possible to dm me related this method?

[Trêvoid]

Avoid ChangeNOW.io
Tags:
ChangeNOW Scam Alert
ChangeNOW Fraud Warning
ChangeNOW Scam Experience
Beware Of ChangeNOW Scams
ChangeNOW Scam Reports

Strong Recommendation:

Avoid using ChangeNOW.io due to widespread reports of withheld funds, sudden KYC demands, and inconsistent adherence to their terms of service. Users report transactions flagged as suspicious without clear justification, prolonged fund freezes, and unresponsive support even after identity verification.



Bump!

[Trêvoid]

An Ethereum (ETH) transaction was initiated from a private wallet to ChangeNOW for an exchange. ChangeNOW then sent the funds to an 8V ETH wallet as part of the exchange process. Initially, the exchange on ChangeNOW appeared to proceed smoothly. However, when the funds arrived at 8V, they were frozen, and 8V requested Know Your Customer (KYC) verification and additional requirements.

After completed all the required KYC steps and met other requirements, 8V stated that they could only refund the funds to the address from which they originated, which is ChangeNow wallet. Because it did come from there. Once Changenow received money now another case started.

And now ChangeNOW is now not returning the money even tho at support chats, they mentioned that if they can get refund from 8v they can help but it turns out be all was fake.

OK, now it's clearer.
I didn't know that Changenow uses small exchanges like 8V as a liquidity provider, don't they rely on funds from their reserves?

As nutildah says, they only send smaller sums to such services, although I would rather not use Changenow, nor would I advise anyone.

Yes small sums much make sense but, who can know something like this scam happen by Changenow.

[examplens]

Yes small sums much make sense but, who can know something like this scam happen by Changenow.

Most Bitcointalk users know about the risks of using the Changenow exchange. It has already been discussed here many times about them and their way of doing business, the problem is that fewer and fewer people come here to get information before using such services. Usually, everyone comes to complain and ask for help when it's already too late.

[Trêvoid]

Yes small sums much make sense but, who can know something like this scam happen by Changenow.

Most Bitcointalk users know about the risks of using the Changenow exchange. It has already been discussed here many times about them and their way of doing business, the problem is that fewer and fewer people come here to get information before using such services. Usually, everyone comes to complain and ask for help when it's already too late.

That's right! I try to stay active in this thread so that every newcomer can see and understand the information. Especially, I want to emphasize avoiding the use of ChangeNOW.

There are plenty of discussions about ChangeNOW, and I don't want anyone to fall victim to their scams.

[Trêvoid]

Strong Recommendation:

Avoid using ChangeNOW.io

Maxwell (ChangeNOW)                                                                                                               

 We are in no way accusing you of a crime, all we mean is that your case falls under official police work and must be dealt with by law enforcement. Best regards,ChangeNOW Support Team

For no reason asking this and funds came from them.