BCNEX - "SCAM" Withdrawals are no longer available.

[shollyen]

that's a small amount of money dude, My friend was getting scammed more than $500 and his money was still on that scam exchange site. I guess the scammer has been showing the fake hot wallet and he was hiding the real hot wallet. That doesn't make sense to see a lot of deposits were disappearing.

What your friend is seeing on that exchange are just mere figures, the real money is gone. That is why if you attempt any withdrawal, it will not work out. They have deserted the exchange and by the time the subscription for the domain of that exchange ends, it will cease to exist. You friend should forget about it and move on.

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[Zemomtum]

Hope this cruel team from BCNEX will not go and organise another tactic and launch different exchange? They always come with an offer that is too good to ingone and the popular saying that when it is too good to be true, probably it is always rules.

[X-ray]

projects like Bcnex will always be there and can fool investors and members, the Bcnex case is the same as IDAX, IDAX exchanges have also become scammers, if there are no clear regulations on the launch of the exchange, then this can happen again, just be careful

There was no a lot of information about the team that has been running these crap exchange sites. AFAIK that IDAX has also become exit scam project too. Some people are still tracing where are the bcnex team was running away with all of the money that has already gotten. I hope investors can take legal action.

i am agree exchanges must have special regulation  caused it store millions fund from its customer.

The problem is who will be the party wanna create such regulation while those scam exchange sites were getting created on their own legs? the only solution to make newcomers will do a deep research before try to invest in something that they didn't know about it.

[grizmoblust]

This is true i am one of the victims who lost some assets on BCNEX Exchange , my friend lost up to 3eth and hard to pay the owners of the money . I never believed BCNEX was a scam Exchange until the day i initiated a withdrawal and up till today could not get my funds.

It seems like not only you, so many people lost their money. including me, at first I did not believe that the successful Bcnex Exchange in ICO became a scam. And in the end they were gone. I know of this exchange scam case several months ago, but it has always been my memory. Losing a lot of money in this exchange.

I was luckier than everyone else because I had drained all my assets a week before and after they decided to maintain Bcnex, that was when all the assets of all investors disappeared.
I have also been skeptical of this exchange for a long time because there is no evidence to prove that they have raised $30 million from investors and may be virtual. After this exchange, I no longer trusted new exchanges and chose only reputable exchanges.

[mexite]

I lost more than 2 ETH to this scam exchange. Fake exchanges like this further demonstrates that there's a need for regulatory framework for if CEX would continue to have a part to play in the future of blockchain crypto-economy, else decentralized exchanges remain the future. I hope we can actually have a true DEX in the nearest future. Anyway Injective Protocol is pushing to be the first end-to-end decentralized exchange with high transaction throughput too.

That said, I'd be happy if those scammers behind Bcnex scam are apprehended.

[Teraboy]

I lost more than 2 ETH to this scam exchange. Fake exchanges like this further demonstrates that there's a need for regulatory framework for if CEX would continue to have a part to play in the future of blockchain crypto-economy, else decentralized exchanges remain the future. I hope we can actually have a true DEX in the nearest future. Anyway Injective Protocol is pushing to be the first end-to-end decentralized exchange with high transaction throughput too.

That said, I'd be happy if those scammers behind Bcnex scam are apprehended.

I have been loosing 1 ETH on this crap exchange and i were only sending 1 ethereum as a trial amount to check the reputation of this exchange site.
The dex is still having the same chance like the CEX to become another exit scam project if that dex was created by scammer.

[Alohadanc3]

Be careful from this type of exchange. Now a lots of exchanges are available in the market. And most of them are not good. Or scam people one or another way. There are exchange like vindax ,cat.cr which have fake volume. Though fake volume is now very common in small exchanges. Some exchanges have higher trading fees. Some of them have higher withdrawal fees. And some big exchanges alsos have that problem. So be careful. This kind of exchanges can block your money anytime. Avoiding them is the safest way.

[andra73]

I lost more than 2 ETH to this scam exchange. Fake exchanges like this further demonstrates that there's a need for regulatory framework for if CEX would continue to have a part to play in the future of blockchain crypto-economy, else decentralized exchanges remain the future. I hope we can actually have a true DEX in the nearest future. Anyway Injective Protocol is pushing to be the first end-to-end decentralized exchange with high transaction throughput too.

That said, I'd be happy if those scammers behind Bcnex scam are apprehended.

I have been loosing 1 ETH on this crap exchange and i were only sending 1 ethereum as a trial amount to check the reputation of this exchange site.
The dex is still having the same chance like the CEX to become another exit scam project if that dex was created by scammer.

You have no luck losing your ETH. I am still lucky because I managed to claim from the airdrop and bounty that I followed. even some of the assets that I deposited also managed to pull before I finally became stuck.

[jambul_kribo]

I lost more than 2 ETH to this scam exchange. Fake exchanges like this further demonstrates that there's a need for regulatory framework for if CEX would continue to have a part to play in the future of blockchain crypto-economy, else decentralized exchanges remain the future. I hope we can actually have a true DEX in the nearest future. Anyway Injective Protocol is pushing to be the first end-to-end decentralized exchange with high transaction throughput too.

That said, I'd be happy if those scammers behind Bcnex scam are apprehended.

I have been loosing 1 ETH on this crap exchange and i were only sending 1 ethereum as a trial amount to check the reputation of this exchange site.
The dex is still having the same chance like the CEX to become another exit scam project if that dex was created by scammer.

that's so sad if  you loss 1 eth on bcnex, since begining when they start maintenance on website i have bad feeliing this project will scam. moreover community manager could not clear answer about actually happen to bcnex. cex or dev have same condition if developted by fake team. in early they will try the best to attract user, and when there are alot money in wallet they will run with this money.

[Ochakemaput]

that's so sad if  you loss 1 eth on bcnex, since begining when they start maintenance on website i have bad feeliing this project will scam. moreover community manager could not clear answer about actually happen to bcnex. cex or dev have same condition if developted by fake team. in early they will try the best to attract user, and when there are alot money in wallet they will run with this money.

I guess they don't consist of fake teams. they ran away with money from investors and traders. initially, their site and platform looked convincing. they pay and everything looks fine. but after all, is running and more people are depositing money on their platforms, then it all happens.

[H1N1]

I lost more than 2 ETH to this scam exchange. Fake exchanges like this further demonstrates that there's a need for regulatory framework for if CEX would continue to have a part to play in the future of blockchain crypto-economy, else decentralized exchanges remain the future. I hope we can actually have a true DEX in the nearest future. Anyway Injective Protocol is pushing to be the first end-to-end decentralized exchange with high transaction throughput too.

That said, I'd be happy if those scammers behind Bcnex scam are apprehended.

I have been loosing 1 ETH on this crap exchange and i were only sending 1 ethereum as a trial amount to check the reputation of this exchange site.
The dex is still having the same chance like the CEX to become another exit scam project if that dex was created by scammer.

Im sorry to hear that, you should sending no more than 0.01 ETH to first using any new exchange.
BCNEX still maintenance for now and we will never know when they finish. After all, what do we expect from new vietnam exchange ?
Im losing faith to any new exchange now because many new exchanges were not good.

[rahmatullah9305]

I guess they don't consist of fake teams. they ran away with money from investors and traders. initially, their site and platform looked convincing. they pay and everything looks fine. but after all, is running and more people are depositing money on their platforms, then it all happens.

There is no point in telling about it at this time, because they already had the intention from the beginning to deceive many people when their exchanges were already being used by traders and investors, their website was closed and their telegraph lines were gone too, so what what's the point of discussing this repeatedly?

[pikkie]

I lost more than 2 ETH to this scam exchange. Fake exchanges like this further demonstrates that there's a need for regulatory framework for if CEX would continue to have a part to play in the future of blockchain crypto-economy, else decentralized exchanges remain the future. I hope we can actually have a true DEX in the nearest future. Anyway Injective Protocol is pushing to be the first end-to-end decentralized exchange with high transaction throughput too.

That said, I'd be happy if those scammers behind Bcnex scam are apprehended.

I have been loosing 1 ETH on this crap exchange and i were only sending 1 ethereum as a trial amount to check the reputation of this exchange site.
The dex is still having the same chance like the CEX to become another exit scam project if that dex was created by scammer.

Im sorry to hear that, you should sending no more than 0.01 ETH to first using any new exchange.
BCNEX still maintenance for now and we will never know when they finish. After all, what do we expect from new vietnam exchange ?
Im losing faith to any new exchange now because many new exchanges were not good.

I think you do not trust their words anymore and do not let you make any deposits to be able to trade again because they are trying to cheat you even more, it should be their responsibility when the exchange is fixed so users do not need to pay anything and should be able to make an asset withdrawal.

[Tahid12]

Hello friends. All of you know about the BCNEX (Exchange) project.

Within 7 days, the withdrawal is no longer available. I tried to turn to those support however they did not want to give my ETH. Many people also cannot withdraw money now.
I began to understand this question and understood. The project has run out of money and withdrawal is not available.
Tomorrow I will post some screenshots. On this issue.

!!! Scam Alert !!!

They raised around 28 million dollar, which is a large amount.  It's very wondering when they can easily maintain their exchange with those fund but they scammed. That's very disappointing for those victim traders and investors.

[marks1976]

I guess they don't consist of fake teams. they ran away with money from investors and traders. initially, their site and platform looked convincing. they pay and everything looks fine. but after all, is running and more people are depositing money on their platforms, then it all happens.

There is no point in telling about it at this time, because they already had the intention from the beginning to deceive many people when their exchanges were already being used by traders and investors, their website was closed and their telegraph lines were gone too, so what what's the point of discussing this repeatedly?

There was still a possibility for them to get caught by the police and did you see what happens with plustoken scammers recently? They have been getting jailed by the chine police and it's still possible to make the all getting jailed too as long as investors can create a report.

[Vitalicus]

I guess they don't consist of fake teams. they ran away with money from investors and traders. initially, their site and platform looked convincing. they pay and everything looks fine. but after all, is running and more people are depositing money on their platforms, then it all happens.

There is no point in telling about it at this time, because they already had the intention from the beginning to deceive many people when their exchanges were already being used by traders and investors, their website was closed and their telegraph lines were gone too, so what what's the point of discussing this repeatedly?

There was still a possibility for them to get caught by the police and did you see what happens with plustoken scammers recently? They have been getting jailed by the chine police and it's still possible to make the all getting jailed too as long as investors can create a report.

I don't think the police arrested them because if the police did this, they would disclose all these scammers' identity. In my opinion, they are hiding in a safe place because if they use that money, they will surely have a completely different life from us. Actually, I also lost money when participating in BCNEX, and this will be the biggest lesson for me because any new exchange will be risky.

[qomariah95]

I guess they don't consist of fake teams. they ran away with money from investors and traders. initially, their site and platform looked convincing. they pay and everything looks fine. but after all, is running and more people are depositing money on their platforms, then it all happens.

There is no point in telling about it at this time, because they already had the intention from the beginning to deceive many people when their exchanges were already being used by traders and investors, their website was closed and their telegraph lines were gone too, so what what's the point of discussing this repeatedly?

There was still a possibility for them to get caught by the police and did you see what happens with plustoken scammers recently? They have been getting jailed by the chine police and it's still possible to make the all getting jailed too as long as investors can create a report.

I don't think the police arrested them because if the police did this, they would disclose all these scammers' identity. In my opinion, they are hiding in a safe place because if they use that money, they will surely have a completely different life from us. Actually, I also lost money when participating in BCNEX, and this will be the biggest lesson for me because any new exchange will be risky.

Just like you here, first I sent them no problem. And nothing suspicious at all, went smoothly every round of the ICO. And after completing the sale they are still there and active, for some reason suddenly they have financial problems and eventually disappear.

I also learned from this case, that I must absolutely not believe in new exchanges. and don't even save our money in the exchange.

[bussybuddy]

Hello friends. All of you know about the BCNEX (Exchange) project.

Within 7 days, the withdrawal is no longer available. I tried to turn to those support however they did not want to give my ETH. Many people also cannot withdraw money now.
I began to understand this question and understood. The project has run out of money and withdrawal is not available.
Tomorrow I will post some screenshots. On this issue.

!!! Scam Alert !!!

They raised around 28 million dollar, which is a large amount.  It's very wondering when they can easily maintain their exchange with those fund but they scammed. That's very disappointing for those victim traders and investors.

Yes, if they use that money to develop a project, I believe they will get more back than that. But the team decided to become a scam immediately and left the project. Hopefully they will soon be punished by the law, scammer is not accepted in this market

[shaheer001]

This is really shocking news as in start BCNEX was very popular and everyone was supporting and sharing it. This thread teaches us never to store all assets in one exchange. always split your assets in multiple high-rank exchanges or keep it in your private wallet if you want to hold for a long time.

[Jannyh]

Too bad, seem the exchange is gone, reason why some people would not want to support new exchanges, before trading in a new exchange,please watch closely and never put so much until it has gained stability,just imagine how much traders have lost in the exchange. Please be careful on the amount of fund you hold on exchanges your wallet is safer.