Paxful.com Moderators stealing people Bitcoins Codedly, Scam and Fraud Site

[X2bitcoinschain]

Hello my fellow reader and Friends, I will like to notify you of this Fast and trending Peer to Peer scam site ( www.Paxful.com ).




PLEASE READ MY STORY

Please, I will Like to advise you if you are a vendor on this site, or that you want to trade on the web,  Do things with caution because both the vendors and the site itself is a scam.



It happens this way, I started trading on Paxful less than 1Months ago, though I created my account with them a year ago, my exchanging site use to be www.Localbitcoins.com .


When I started trading, I mean buying Gift card on this web, I have been seeing many things concerning them, that they are scam site, but I won't listen thinking they are just againsting the good site but not until when it happens to me  


THE STORY
I use to buy gift card on the web, I have 90+ positive reputation withing a week of trading with no single bad or negative Feedback ( Check this yourself, my username is https://paxful.com/user/Mankind66, the good thing about my trading is I don't have any Dispute trade, no pending trading, not at all, all the trade going good day by day not until when I try to add to my Paxful Bitcoins so to make more gains. I transfered bulk of BTC to the website before sleeping on 23/06/2017, but on checking my account on 24/06/2017, the account has been suspended. I was in doubt of what might have caused it, am not scamming here, WTF  Could have caused this, I don't know. I email them on that faithful day repeated but they won't reply, and they see the mails ( Am very sure, they are just frastrating people)


I later found out what that lead to the ban, which is absolutely not true




I sent them mail, they refused to reply, I then go to their talk forum to speak with their Forum admin and this is what he sent to me


"( Paxful.com
Ryan
1d

No need to worry, it was suspended by paxful, not hacked. Reason: Brokering on the marketplace. https://kb.paxful.com/knowledgebase/paxful-terms-service/1 paragraph 5)"


And Paxful Paragraph 5 says "
You may NOT broker gift card codes, they must be purchased by you ONLY."


They want the gift card to purchased by the seller only, they forget the name of the card is " GIFT CARD", it can be a gift from your relative or friends, and beside, I have no issue with anyone concerning Gift card of a thing, just that they want to steal some random Vendor Bitcoins to their own






I BEG THEM SEVERALLY, BUT THEY DECIDED TO STEAL IT
I told them its not brokering, that am also a reseller, got cards from people and trade it in some times but they won't listen.  Not even that I have any dispute or any pending trades


They finally reply my mails after Some days

In their mind, they will ban people account and stop replying their mails, thinking the person will forget the Bitcoins and it will belong to them after. But when they finally reply, I was told my coins will be locked and Held for good 12 Months, Wtf? Without scamming anyone? Even if at all you want to ban me, won't I have access to my fund if you yourself are not scammers, the if and Professional scammer?


Telling me they will investigate the account for 12 Months, Really? Is that not a their and scam talk?

They already know I will have forget the coins before then and it will be theirs



All the screenshot below.


My advise to you

Please I once saw post like this and decided to ignore it, not until when it happens to me, stay away and run from this site, they are scamming people indirectly. I need to tell you the fact. Am pretty sure they can't last long.


I won't rest my case, until they allow me to have my funds withdraw. Will make sure Google Have their scam site news on their first page index, so that everyone will stay away from them. Localbitcoins is far cool than them.




I will Keep you posted, will update you guys on latest feedback from them.  Thanks

Have you experienced this before? Please drop your feedback on the scam site called www.Paxful.com.



Reading many complain about them this days, and am sure they are going down soon, very soon



More links and complaints about their scam site links


http://www.nairaland.com/3884634/stay-away-paxful-moderators-steal#57872596

https://www.google.com/amp/s/amp.reddit.com/r/Bitcoin/comments/4dprgw/paxful_is_chalk_full_of_scammers_and_they_do/
https://bitcointalk.org/index.php?topic=1471745.0


https://bitcointalk.org/index.php?topic=1438179.0


   
Reply with quote  Edit message  Delete message  #3
https://bitcointalk.org/index.php?topic=1535352.0


You banned someone for selling gift card, not for scamming and you are telling the person won't be able to withdraw his fund for 12 good months, that means you are also a scammer promoting scammers



Taking people money because you know nothing they can do to you. The if and scammer

http://Paxful.com
www.Paxful.com
Paxful.com
https://www.Paxful.com



I have many Bitcoins in this account, I deserved 100% right to it, because i am not banned for scamming anyone

All the links - Scam


See screenshot of their replies here http://www.nairaland.com/3884643/www.paxful.com-fraud-scammer-site-founder#57872738







Update 28/06/2017

If you are stopping people from scamming, u shouldn't be scamming as well.

Holding people's coins just for selling card on your site measn you are stealing, you are also a scam





Update 22/4/2019


I later withdraw my bitcoins after 2 years but was told never to trade on the site again

[X2bitcoinschain]

Link to the screnehsot of their replies http://www.nairaland.com/3884643/www.paxful.com-fraud-scammer-site-founder#57872738

[davis196]

How can the paxful admin know that a gift card is purchased "only by you" and not someone else?
This can`t be proved.
When they suspend accounts for violating their Terms of service,they should refund all the bitcoins to the account owner.Some of the bitcoins might be from normal trades.
I`ve seen many mixed reviews about paxful.Some people love this platform,some people hate it.
I had an account there and deleted it,because it was confusing to talk with their customer support about their fees.

[Scorpion]

That's disappointing - even if they suspect you broke the rules they should not confiscate your funds. They can kick you off their site but they need to return your BTC.

[X2bitcoinschain]

That's disappointing - even if they suspect you broke the rules they should not confiscate your funds. They can kick you off their site but they need to return your BTC.

DONT MIND THEM, THEY ARE ONLY TRYING TO STEAL PEOPLE HARD EARNED MONEY. THEY ARE ALL SCAMMER FUSTRATING PEOPLE LIFE

[X2bitcoinschain]

Paxful, LocalBitcoin and any similar website have bad reputation concerning their bad customer service, full of scammer and unfair/suspicious rate. However, you should move this thread to Scam Accusations and use Scam Report Format

I think you won't get your bitcoin back and they will ignore you completely soon unless you make this problem become popular.

THAT IS EXACTLY WHAT AM DOING NOW, I WONT REST. WILL MAKE SURE EVERYONE KNOW ABOUT THIS, THEY ARE CONFIRM THEIF

[X2bitcoinschain]

How can the paxful admin know that a gift card is purchased "only by you" and not someone else?
This can`t be proved.
When they suspend accounts for violating their Terms of service,they should refund all the bitcoins to the account owner.Some of the bitcoins might be from normal trades.
I`ve seen many mixed reviews about paxful.Some people love this platform,some people hate it.
I had an account there and deleted it,because it was confusing to talk with their customer support about their fees.

IF YOU ARE NEW, THEIR SUPPORT WILL KEEP YOU POSTED, REPLYING YOU CONSTANTLY, BUT FUND YOUR ACCT AND HAVE A PROBLEM, DONT EXPECT A REPLY UNTIL AFTER 48HOURS.



THEY ARE CHARGING 0.008BTC PER EACH TRACSACTION AND TO REPLY PEOPLE MAILS IS A DIFFICULT TASK FOR THEM

[Vishnu.Reang]

OMG! I was about to withdraw $10 from my Microworkers account (through Skrill), and I was planning to purchase Bitcoins from Paxful using that amount. Now I have to think twice before using this site. And $10 is a very big amount for me.  

[X2bitcoinschain]

OMG! I was about to withdraw $10 from my Microworkers account (through Skrill), and I was planning to purchase Bitcoins from Paxful using that amount. Now I have to think twice before using this site. And $10 is a very big amount for me.  

PLEASE BEWARE OF THEM, I BEG YOU

[X2bitcoinschain]

They just replied my mail.    Will keep you posted

[h3nchm19]

I've used both Localbitcoins (The older, more trustworthy and competent version) and Paxful, The outcome is 8/8 on disputes on LBC and 3/5, I always the clearly favorites side, but was new in Paxful against an older trader (That went scamming people), I have to say I'm shocked on the random way Paxful solves disputes at - waiting days for a reply of the other party and not 30 minutes for my reply-..

[Sundark]

Ever since that article that paxful's CEO with his pals went on a rampage in Miami, faced charges of cocaine and hashish possession.
I don't trust any cryptocurrency trading platform which is owned by people who like to get high, party naked, and run around with guns.

See it for yourself: https://cointelegraph.com/news/paxful-exchange-ceo-and-cto-arrested-in-miami-on-weapons-and-drugs-charges

[X2bitcoinschain]

Ever since that article that paxful's CEO with his pals went on a rampage in Miami, faced charges of cocaine and hashish possession.
I don't trust any cryptocurrency trading platform which is owned by people who like to get high, party naked, and run around with guns.

See it for yourself: https://cointelegraph.com/news/paxful-exchange-ceo-and-cto-arrested-in-miami-on-weapons-and-drugs-charges

I HEARD OF IT, HE IS ONCE A SCAMMER


PAXFUL IS LIKE GIVING SOMEONE YOU DNT KNOW YOUR MONEY TO KEEP FOR YOU, HE WILL EVENTUALLY RUN AWAY WITH IT SOMEDAY  GIVING UNREASONABLE EXCUSES

[X2bitcoinschain]

I've used both Localbitcoins (The older, more trustworthy and competent version) and Paxful, The outcome is 8/8 on disputes on LBC and 3/5, I always the clearly favorites side, but was new in Paxful against an older trader (That went scamming people), I have to say I'm shocked on the random way Paxful solves disputes at - waiting days for a reply of the other party and not 30 minutes for my reply-..

WILL MAKE SURE 10 TO 20 PEOPLE KNOW THEY ARE HERE TO SCAM EACH DAY, UNTIL I GET MY MONEY. I PROMISE MYSELF NOT TO REST MY CASE BECAUSE I WASNT WRONG/ THEY SHOULD COME OUT TO DEFEND THEIR SELF, PAXFUL.COM 100% SCAM

[cissrawk]

thanks for let me know. Will watch this so i can know update about paxful, cause i will try to buy bitcoin from paxful.

[X2bitcoinschain]

thanks for let me know. Will watch this so i can know update about paxful, cause i will try to buy bitcoin from paxful.

AT YOUR OWN RISK BRO.  YOU WONT COUNT WHAT AM SAYING AS SOMETHING UNTIL IT EVENTUALLY HAPPENS TO YOU

[hase0278]

I was thinking of using paxful because of a recommendation made by a friend of mine and this now changed my mind so for now I will watch your thread and see what happens before starting to use it. Like what you experienced, I have experienced being scammed and my money being taken away and that's why I don't trust big funds to sites like paxful and even if I did put some money, I always make sure that it stays below 10$ this is my tip to you OP, so that even if you loss some its not that big.

[cissrawk]

thanks for let me know. Will watch this so i can know update about paxful, cause i will try to buy bitcoin from paxful.

AT YOUR OWN RISK BRO.  YOU WONT COUNT WHAT AM SAYING AS SOMETHING UNTIL IT EVENTUALLY HAPPENS TO YOU

Yeah, please if you got any updates from paxful, post it here. So i will think again before use it. For now i will use luno and vip.

[X2bitcoinschain]

I was thinking of using paxful because of a recommendation made by a friend of mine and this now changed my mind so for now I will watch your thread and see what happens before starting to use it. Like what you experienced, I have experienced being scammed and my money being taken away and that's why I don't trust big funds to sites like paxful and even if I did put some money, I always make sure that it stays below 10$ this is my tip to you OP, so that even if you loss some its not that big.

MY FUNDS WITH THEM IS 0.6BTC. ALMOST A MILLION NAIRA

[X2bitcoinschain]

thanks for let me know. Will watch this so i can know update about paxful, cause i will try to buy bitcoin from paxful.

AT YOUR OWN RISK BRO.  YOU WONT COUNT WHAT AM SAYING AS SOMETHING UNTIL IT EVENTUALLY HAPPENS TO YOU

Yeah, please if you got any updates from paxful, post it here. So i will think again before use it. For now i will use luno and vip.

WILL SURELY BE UPDATING YOU BROSS, I WONT LEAVE MY FUND WITH THEM, NEVER