Does anybody know Equicex Black Card? Possible scam?

[JeffArryn]

Hello!

A friend of mine has ordered this card where you can sell your BTC and withdraw from an ATM anonymously. It hasn't still arrived. I was thinking of ordering one, but I have found almost no information! Their youtube channel is full of videos that nobody watches, what they do is possibly illegal in Europe, and other cards I think in the past were sort of shaddy.

So I was wondering if that could be a scam! Maybe some people here know about it, cause in case that it was legit I would be interested

[mk4]

I really have no idea as it's the first time I've heard of that service, but there could be a lot of reasons why you haven't received the card yet. Could be due to delays, shipping issues, and such. I wouldn't call them a scam just yet. Have you tried contacting them yet about the shipping? Also, how much did you pay for the card?

They seem to be quite active on their social media, which is a good thing. Though that doesn't make them necessarily not-a-scam. Since we aren't 100% sure about their legitimacy, as always, keep most of your funds on cold storage. Don't send majority to the card's wallet.

[harizen]

Hello!

A friend of mine has ordered this card where you can sell your BTC and withdraw from an ATM anonymously. It hasn't still arrived. I was thinking of ordering one, but I have found almost no information! Their youtube channel is full of videos that nobody watches, what they do is possibly illegal in Europe, and other cards I think in the past were sort of shaddy.

So I was wondering if that could be a scam! Maybe some people here know about it, cause in case that it was legit I would be interested

Not familiar with the site but you mean a "physical" card here?

At most of the cases, expected delivery time should be stated at the order page or after some confirmation. And surely because it was overseas, expect some longer period of waiting.

How long your friend is waiting now?

[Pmalek]

Is this the service from where the card was ordered?
https://bitcointalk.org/index.php?topic=5118814.0

They seem relatively new and the thread was created on March 09. Try asking in the thread how long it will take before the card arrives.

[dothebeats]

Equicex Group provides debit cards for a multitude of cryptocurrencies worldwide, although there are some reports which states that these guys aren't really the real deal. Since WaveCrest Holdings stopped their debit card services for bitcoin a few years back, I haven't trusted any debit card companies to be as legitimate as they could be. If your friend is waiting for a few weeks past the due date of the expected delivery, best thing to do is contact the debit card provider's support people and get a lead from there. Usually if a debit card provider ships around the world, it will take weeks before the said package to arrive.

[gentlemand]

Anywhere with no ID and no limits is going to be toast very, very soon. That's if it's not just a black hole for someone's crypto to disappear into. The people who hawk this stuff know perfectly well that everyone wants anonymity and no limits.

They say they're running through an offshore bank in Belize. That's nothing much to do with Visa who'll squash it the moment they become aware of it.

Even if the card arrives and works, under no circumstances leave a penny on there for any period of time.

[BitMaxz]

I checked their site from their thread and found that the domain owner is from Malaysia according to whois but when I checked the about us page this is what the location that I found from their page "Kemp House, 160 City Road London, EC1V 2NX, United Kingdom"

So it means it's possible a scam business because the domain was registered 2019-01-16 which is pretty new and the location is Malaysia but according to their about us page, they are located to the UK.

Code:

Name:Domain Admin
Organization:Whoisprotection.cc
Street:L4-E-2, Level 4, Enterprise 4, Technology Park Malaysia, Bukit Jalil
City:Kuala Lumpur
State:Wilayah Persekutuan
Postal Code:57000
Country:Malaysia
Phone:+60.389966788
Fax:+60.389966788
Email:email@whoisprotection.cc

Another one that I noticed is that when I check the source code of the site the website was created in wordpress CMS which is unprofessional. Never heard any real business use a CMS like Wordpress.

[leowonderful]

Heck, even crypto card services that require ID are having trouble at the moment AFAIK as their accounts are simply being closed by card issuers like Visa. I find this pretty suspicious personally just for the anonymity, though I would not call this a 100% scam yet. If you do receive the card, don't put more than you can afford to lose on it.

[Slow death]

[...]

Is very strange what you are saying, your friend asked to send the card by regular mail or asked to send the card by DHL. in some countries, it is difficult to receive fisical cards by regular mail because they steal, and this is case of my country, for example. I never receive card by regular mail in my country, I had to ask them to send them by DHL. you should wait until your friend receives his or her card, test it and see if it is working well for you to think about asking for your card too

[Potato Chips]

Honestly, It looks too good to be true to me, how can it be 100% anonymous, no verification, no limits? 🤔

Although there's no direct proof that they're a scam. The stuff listed in this thread are valid red flags so If I were you I wouldn't jump and risk my money to it, even if a friend personally had a smooth transaction with them.

[ethereumhunter]

Sounds too be good to be true, there weren't any credit card provider who can provide both anonymity and limitless at same time.

Additionally when i look at https://www.equicex.com/black-card/, it's weird to see $ 250.00 is the minimum load amount, it's simply too high.

I won't buy those card because even if I bought, I could not use it in my city because people here don't know much about bitcoin or bitcoin ATM machine.

Yes, that is too high to buy, and I still prefer to use my ATM from my bank to make a transaction. It seems they are a new player in the debit card that supports cryptocurrency, so we need to be careful to choose them to buy the card. Besides that, it still depends on the regulations from the government related to using the ATM machine for bitcoin.

[JeffArryn]

Wow!! So much feedback!!

Well first, I appreciate tremendously all your comments! Especially about the search on the registered domain and the code lol
To me, the way I look at the website, the youtube channel, the lack of positive feedback (or any feedback at all all over the internet lol), looks really suspicious. Maybe someone just wants to steal 55€ from a lot of people, and possibly some BTC in the process.
The fact that they don't mention the alleged bank, the fact that they register here and 2 days later the account isn't active anymore... The fact that it is illegal in Europe to provide this kind of service due to KYC and anti money laundering policies!


So if you know of any other method to sell my BTC anonymously I would really appreciate! Right now I'm using Bitwala, which is a German cryptobank and has its own debit card and overall they work great, but... I'd rather have anonimity to be honest lol so if you know of another way of selling my BTC anonymously I would greatly appreciate it

[JeffArryn]

I was checking the address on their website and it seems to be a paid address, not a real address... It seems to be like a regular service some companies make use of, and that doesn't necessarily means it's a scam I guess

https://yourlondonaddress.co.uk/product/london-registered-office-paid-annually/#tab-description

[harizen]

... but... I'd rather have anonimity to be honest lol so if you know of another way of selling my BTC anonymously I would greatly appreciate it

This will be difficult plus the fact that you will deal only with your country's currency.

How about consulting your local group, if there's one here in the forum (local section) or in any social media crypto groups. There might persons/traders that willing to trade with you. Obviously you must do a background check first to those people.

You can also try the Currency Exchange section of the forum.

[Pab]

Hello!

A friend of mine has ordered this card where you can sell your BTC and withdraw from an ATM anonymously. It hasn't still arrived. I was thinking of ordering one, but I have found almost no information! Their youtube channel is full of videos that nobody watches, what they do is possibly illegal in Europe, and other cards I think in the past were sort of shaddy.

So I was wondering if that could be a scam! Maybe some people here know about it, cause in case that it was legit I would be interested

I am waiting for his blue card.Black has to high fee for me
Below i am posting few links showing that company is legit

https://www.bizstats.co.uk/ltd/equicex-group-ltd-11775931/
https://www.crunchbase.com/organization/equicex-group-ltd

https://smartereum.com/48986/dash-news-dash-coin-price-jumped-by-just-over-12-percent-after-equicex/

His blue card is from very legit provider what is also EcoPayz provider
http://www.psi-pay.co.uk/


His black card is from Belize offshore .It is a little to risky for me however Belize offshore is not blacklisted by EU same like any other US offshore area
They ask only for scan of id,passport or even driving license to confirm blue card
You need even to give proof of adres so why not to order blue one

[JeffArryn]

Thanks for the feedback but the first link:

https://www.bizstats.co.uk/ltd/equicex-group-ltd-11775931/

"It's a company run by 1 director and 1 secretary"? hahahaha

And then the name of the director, "Claudiu D.", is the same as the secretary, so I guess he makes both functions as both Director of the company and also Secretary? 


And as I said, the zipcode EC1V2NX

Takes me in Google to some websites of virtual address rentals!!

https://yourvirtualofficelondon.co.uk/



About the provider you mention, when I search on Google both temrs together, "psi-pay" and "equicex", the only result I find is from the very same equicex website! Nothing else!



And then when I go to this link you shared:

https://smartereum.com/48986/dash-news-dash-coin-price-jumped-by-just-over-12-percent-after-equicex/



And click on the tweet and go to Equicex twitter, I just see 2 users commenting on almost every Equicex tweet, using the same kind of tweets of how great Equicex is!





Now there is another other guy on Twitter that writes in behalf of Equicex. He claims to be the CIO whatever that is of Equicex. He is some guy named David Miller:

https://twitter.com/davidmillerbtc

His activity on twitter is questionable. Before "Equicex time" there are some tweets mostly on crypto, some worrying. Like this one:

https://twitter.com/davidmillerbtc/status/1040962317436039169

It's really strange.



Then I searched on Google "David Miller equicex" and all I find is his linkedin site, in which he says that his only laboral experience starts in January 2019 lol wtf I'm very out of these curriculum stuff but I cannot believe that someone at his maybe late 30s early 40s starts a business and doesnt have laboral experience wtf

https://www.linkedin.com/in/david-miller1

Same picture as in twitter, just that one picture, usually someone that seeks to work and has a profile in linkedin has more information on oneself!!


So now I google "David Miller" plus his alleged claimed university and... I didn't find much. I didn't find anything that talks about this David Miller.


Ok, that's a lot!! I still feel like it's a scam and even though you have 1k messages here I wouldn't trust any of it. I will have to wait and see. See if my friend recieves the card, see if there are any real happy costumers, see if the card actually exists, would be nice to see a real one lol

Let's see! I got all curious!! Someone continues this investigation please!!! And let me know how I did!

[gentlemand]

Takes me in Google to some websites of virtual address rentals!!

https://yourvirtualofficelondon.co.uk/

At one point Bitstamp's 'headquarters' was a a 10x10cm post box in a London industrial estate. Loads of places do it. That's not a red flag in itself. Almost everything else is though.

There is one extremely simple rule that comes up constantly here - when someone asks about some unknown service on here it's 99% likely to rape them. I would never use anywhere that didn't have a ton of feedback on here already and ideally several years of trouble free service.

[maradon]

It is 100 % scam.

They should have FCA licence but they do not have it.

[JeffArryn]

Thanks all for your help!
Think I'm gonna pass on that lol

[JeffArryn]

Lol I left a few links to this thread on their Equicex twitter and I got blocked by both "David Miller" and Equicex accounts 

The equicex guy also stoped by the threads he had created on this forum and closed them, meaning no more responses are possible. I'm heavily leaning now towards the scam possibility...