Tradesatoshi - BEWARE! Blocking without reasons.

[CryptoCracker]

Thanks, CMC.

https://coinmarketcap.com/exchanges/trade-satoshi/

excellent...tradesatoshi scammer scum bags. Keep an eye on where these scam artist surface...because it will happen. They will scam on tradesatoshi and then open a new scam exchange.....  coinmarketcap should not even list tradesatoshi as an exchange.

[1715178185]

1715178185

[JollyGood]

This exchange must be blacklisted by every trader, there are a lot of complaints in various forums about unreasonable blocking of accounts.

Thanks to users on this forum we can see that Tradesatoshi is a scam and they must never be trusted.

All people with their crypto on that exchange need to withdraw their funds right now before it is too late.

[notnormals]

Very true, I have been blocked and looked out and, I feel, in retaliation to my public complaints concerning their actions they delisted insanecoin (INSN). To be fair its not a huge loss lol

[JollyGood]

Very true, I have been blocked and looked out and, I feel, in retaliation to my public complaints concerning their actions they delisted insanecoin (INSN). To be fair its not a huge loss lol

A scam is a scam no matter how much they stole. Imagine the amount of money they would make if they scammed a little from all their users?

Tradesatoshi have been exposed as scammers. Anybody holding money on that exchange does so at risk of losing it all because they are thieves.

I advise everybody from this community to avoid Tradesatoshi

[vgive]

my Account lock Same.

[DaCryptoRaccoon]

I can 100% tell you now that TradeSatoshi is not at that address listed on company house.
For any US people who don't understand company house for a fee of £18 yes only £18 you too can list your "fake" company on there and no one will care..

TradeSatoshi is not a UK company they are not based in the UK nor do they have a office in the UK there servers are not located in the UK either and they have failed to submit ANY tax information as required BY law in the UK..

Also the company was dissolved on 24 Jul 2018 via voluntary strike-off Final meaning they did not keep there records up to date and decided it better to strike the company off.

Another thing I find strange about the is the directors name.  
Francesco ALIBRANDI

a quick google search turns up.  



which turns out to be a doctors my thoughts are tradesatoshi is a fake company pushing fake paperwork to company house in order to aid in there "long term fraud"

I wonder if anyone actually know's where TradeSatoshi is based.. office / servers...  Because it's not the UK like they told everyone at the start.

Code:

Date (document was filed at Companies House) 	Description (of the document filed at Companies House) 	View / Download (PDF file, link opens in new window)
24 Jul 2018 	Final Gazette dissolved via voluntary strike-off 	
View PDF Final Gazette dissolved via voluntary strike-off - link opens in a new window - 1 page (1 page)
08 May 2018 	First Gazette notice for voluntary strike-off 	
View PDF First Gazette notice for voluntary strike-off - link opens in a new window - 1 page (1 page)
30 Apr 2018 	Application to strike the company off the register 	
View PDF Application to strike the company off the register - link opens in a new window - 1 page (1 page)
05 Mar 2018 	Director's details changed for Mr Francesco Alibrandi on 5 March 2018 	
View PDF Director's details changed for Mr Francesco Alibrandi on 5 March 2018 - link opens in a new window - 3 pages (3 pages)
05 Mar 2018 	Notification of Francesco Alibrandi as a person with significant control on 5 March 2018 	
View PDF Notification of Francesco Alibrandi as a person with significant control on 5 March 2018 - link opens in a new window - 2 pages (2 pages)
02 Oct 2017 	Confirmation statement made on 2 October 2017 with updates 	
View PDF Confirmation statement made on 2 October 2017 with updates - link opens in a new window - 4 pages (4 pages)
19 Jul 2017 	Total exemption small company accounts made up to 30 November 2016 	
View PDF Total exemption small company accounts made up to 30 November 2016 - link opens in a new window - 3 pages (3 pages)
Download iXBRL
05 Oct 2016 	Confirmation statement made on 30 September 2016 with updates 	
View PDF Confirmation statement made on 30 September 2016 with updates - link opens in a new window - 5 pages (5 pages)
19 Nov 2015 	Director's details changed for Mr Francesco Alibrandi on 19 November 2015 	
View PDF Director's details changed for Mr Francesco Alibrandi on 19 November 2015 - link opens in a new window - 2 pages (2 pages)
18 Nov 2015 	Incorporation
Statement of capital on 2015-11-18

    GBP 1,000

	
View PDF Incorporation
Statement of capital on 2015-11-18

    GBP 1,000

https://beta.companieshouse.gov.uk/officers/ZHXLO4pL8BVkmlyjN2Ug0YAXNAE/appointments

Right now I would be very careful trading on there my guess is if they are locking accounts they will exit scam.

And as always Do Your Own Research!

[JollyGood]

my Account lock Same.

You are not the only one. They are locking accounts with greater frequency because they are desperate for money.

Everybody that uses them should remove their crypto immediately because they  risk losing their funds.

[xtraelv]

I can 100% tell you now that TradeSatoshi is not at that address listed on company house.
For any US people who don't understand company house for a fee of £18 yes only £18 you too can list your "fake" company on there and no one will care..

TradeSatoshi is not a UK company they are not based in the UK nor do they have a office in the UK there servers are not located in the UK either and they have failed to submit ANY tax information as required BY law in the UK..

Also the company was dissolved on 24 Jul 2018 via voluntary strike-off Final meaning they did not keep there records up to date and decided it better to strike the company off.

Another thing I find strange about the is the directors name.  
Francesco ALIBRANDI

a quick google search turns up.  



which turns out to be a doctors my thoughts are tradesatoshi is a fake company pushing fake paperwork to company house in order to aid in there "long term fraud"

I wonder if anyone actually know's where TradeSatoshi is based.. office / servers...  Because it's not the UK like they told everyone at the start.

<snip>

And as always Do Your Own Research!

If you scroll back in this thread you will find that Tradesatoshi is based in Hong Kong. It is in their terms and conditions and I've posted the addresses as well as the directors details in this thread a number of times.

It pays to read what others have posted previously.

Personally I believe every crypto exchange should have their legal contact details displayed clearly in their terms and conditions. Not everyone knows how to do a companies office search.

Tradesatoshis registered office according to the HK companies office (HK$22 which is about US$3 + 1 minute search)





<snip>

It appears to be the address of a shared office space (business bureau) and mail forwarding service.

<snip>

You are unlikely to find anyone from tradesatoshi at that address because it appears to be the address of a business bureau that offers shared space, virtual offices and mail forwarding. https://www.bridges.hk/en/

Tradesatoshi Ltd is incorporated in Hong Kong according to its terms:



https://tradesatoshi.com/Home/Terms

[sparker327]

this is why I never used their site.. always seemed a bit fishy to me

[JollyGood]

this is why I never used their site.. always seemed a bit fishy to me

It makes me happy to know you never lost crypto and money at their scam exchange site.

If only more and more people read this thread they will learn that depositing crypto at that exchange will mean eventually losing it at the hands of selective scamming.

[dragonvslinux]

Added a flag for trade-sa-to-shi, better late than never, please support: https://bitcointalk.org/index.php?action=trust;u=902367
Regarding tradesatoshi topic (27 pages) now changed to "bye bye" but still active: https://bitcointalk.org/index.php?topic=1691388

[JollyGood]

Added a flag for trade-sa-to-shi, better late than never, please support: https://bitcointalk.org/index.php?action=trust;u=902367
Regarding tradesatoshi topic (27 pages) now changed to "bye bye" but still active: https://bitcointalk.org/index.php?topic=1691388

I added my support. You are right, better late than never.

I hope more users come along to support the flag because too many users have lost their hard-earned crypto at the hands of these selective scammers.

[Jeroz]

Hey, more amusing news. One guy, whose account was locked also, decided to send them his ID. The result was awesome:

https://i.imgur.com/PSeQkxa.png

As i said earlier, if you had not filled in your account details with the real name on the stage of registration, you won't pass the KYC: "Your ID details is different in your Account details". And the fields with name, surname, date of birth are read-only, lol. Bingo: your balance is "legally" stolen! Spread the word, please.

Exact same problem here.

No prior email warning, everything lost.

[JollyGood]

Hey, more amusing news. One guy, whose account was locked also, decided to send them his ID. The result was awesome:



As i said earlier, if you had not filled in your account details with the real name on the stage of registration, you won't pass the KYC: "Your ID details is different in your Account details". And the fields with name, surname, date of birth are read-only, lol. Bingo: your balance is "legally" stolen! Spread the word, please.

Exact same problem here.

No prior email warning, everything lost.

Sorry to read about your loss.

Tradesatoshi is a blatant scam. It seems they have a date by which time they want to close their website and they will scam all their users. Until then, they will continue to selective scam users.

[Jeroz]

Sorry to read about your loss.

Tradesatoshi is a blatant scam. It seems they have a date by which time they want to close their website and they will scam all their users. Until then, they will continue to selective scam users.

Thanks. I started warning the Ravencoin community about their practices. Seems like they are delisting RVN now in retaliation 

[Psychobitch]

I encounter a weird situation with them when trading on their platform. Say a particular coin current rate is 0.00000001 and I try to buy 20000 coins at market rate, it says insufficient fund. Then when I lower the amount of coin i want to buy to 10000 instead, it bought 10000 coins at 0.00000002 and 0.00000003. Is that a norm ?

[nutildah]

I encounter a weird situation with them when trading on their platform. Say a particular coin current rate is 0.00000001 and I try to buy 20000 coins at market rate, it says insufficient fund. Then when I lower the amount of coin i want to buy to 10000 instead, it bought 10000 coins at 0.00000002 and 0.00000003. Is that a norm ?

No... not at all. But you'd need to post some screenshots for us to figure out what's going on. If I were you I'd pull my coins out of there immediately, if you can. They're a pretty scummy exchange.

[JollyGood]

@ OP

Did you ever get any update with regards to your funds that were frozen by the Tradesatoshi scammers?

[bitbottrader]

It seems like tradesatoshi has completely disabled the withdrawal of funds for all users. A lot of complains in their discord chat.

[JeromeTash]

It seems like tradesatoshi has completely disabled the withdrawal of funds for all users. A lot of complains in their discord chat.

This is sad if it has happened.
I wish people were more vigilant when it comes to their funds. They would avoid such shit and scam exchanges and instead use much more established and legit exchanges.