Fixedfloat is scamming me for 8000+ EUR IMPORTANT PSA!

[crypto4design]

Important Reply


FIXED FLOAT CHANGING TOS AND IMPLENTING CHECKBOX THAT YOU AGREE THAT WAS NOT CASE IN MY EXCHANGE PERIOD

They thinked i won't notice but i am scavanging every interaction and law i can possibly do this community pointed obvious lies and they are doing everything in their power to fix it and make us all look like idiots but in this very community whole thing was started and you cant play with THIS COMMUNITY its VATICAN of cryptocurrencys each of this people are veterans in here and know their shit

Current state you have to check in box becuse they know it wont pass if you dont agree (becuse they know there was loophole that they need to patch)

https://i.ibb.co/9HbX74B/fixedfloatscam.png
 (I DIDNT CONSEST TO ANYTHING)

When i made exchanges it was like this

https://i.ibb.co/Gsq0qfh/fixedfloatscam2.png

You can check archive.org on 1 january to confirm this

https://web.archive.org/web/20240101102027/https://fixedfloat.com/

by this logic i can create website where all of your money and propertys belong to me by just visiting my website before 2 days this was not on their website and they noticed big mistake! so they quickly rushed to make us look like IDIOTS

Regarding my "ALL DIRTY ALL CONNECTED FUNDS" yes they can now make it dirty as they are one inputing data BUT ITS NOT CASE look first screenshot where i made its only 2.2% AND NOW LOOK 3RD PARTY checking
https://www.scribd.com/document/701965861/txid2

https://www.scribd.com/document/701965218/txid1


WE ARE ALL IN HERE KILLING THEM WITH ARGUMENTS AS COMMUNITY TRHATS WHY THEY DO EVERYTHING IN THEIR POWER TO POINT ME OUT AS CRIMINAL BECUSE BY THEIR MINDS ITS GUILTY UNTIL PROVEN INNOCENT AND THEY ARE ADMITING IT IN CURRENT WORLD THIS SHIT IS ONLY VISIBLE IN NORTH KOREA EVEN GESTAPO AND STASI TOGETHER DIDNT DO THIS

This got to be broadcasted a ll over reddit and newspaper to see how they are using us and its not true IF LE OR ANY OTHER PARTY DOES NOT CLAIM CRYPTO WITHIN SOME TIME-FRAME THEY KEEP MONEY! BY THE LAW!


My customers reply on what they asked

https://i.ibb.co/y0v0r1P/Screenshot-66.png

Do not fall onto their lies they dont provide any evidence and they know they are wrong thats why they are

[1714549203]

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[1714549203]

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[1714549203]

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[ScamViruS]

At the moment, the funds are frozen, and no operations are being carried out with them. If we receive a request from law enforcement agencies, they will see that these funds are located at a FixedFloat address. We have all the evidence base that confirms that the funds received by the sender are related to criminal activity. We value our reputation and do not want to be complicit in crimes, because of ignoring which our service may be blocked. We emphasize that we are very loyal to our users, but if we receive information confirming that the funds we received were clearly related to criminal activity, we are obliged to verify this information by requesting the source of the funds.

We work all over the world, based in the Seychelles.

In this situation it appears that you are maintaining a win-win situation for yourself. You have withheld someone's hard earned money by showing your power, if you think there is a problem with this fund then why not refund it to the same address instead of keeping this fund. You keep the funds in your wallet and ask the OP for one document after another, I don't think there is any need for these. I would say those who run this kind of business and harass customers should be avoided, everyone should refrain from using Fixedfloat, they make such a scene with customer's funds which harass customers and keep their funds withheld on various pretexts.

The law enforcement agencies excuse is now being used the most, would you please confirm which law enforcement agencies are actually complaining to you that this fund is involved in any criminal means.

[holydarkness]

Several things that you might want to explain further:

1. How does asking for OP [and his client's] telegram details fit into this investigation of the source of fund?

- Information from the messenger may be indirect evidence of honest receipt of funds and disclose some details of the source of funds.

2. Why do OP has to be [initially] the one asking his client to provide details and how is it not counterproductive toward an investigation of the legality of fund like what I pointed out here?

- In this case, the OP is not the sender of the funds for the order. According to our rules, the sender of funds must provide information about the source of funds.

3. How is what he provided from his side is not enough? He proves that he worked for it, got them as a payment. Unless proven otherwise, it's all legal from his side in a sense that he's not involved or have any idea in the said criminal activity.

- Since the OP is not the sender of the funds, he has nothing to do with the funds sent to us. If the user had received funds for any service, we would have requested details of the transaction.

4. How do you think OP will know that the fund is related to criminal activity instead of being a pure innocent here? Wouldn't considering him ineligible to prove the source of fund as he's not the sender rather contradict the assumption that he's being involved in the activity [which become the reason why you hold his fund, because he knows it's tainted, otherwise, he's clueless, innocent, and the fund should be released to him]?

- The availability of complete information about their own counterparties, as well as checking funds for a possible connection with a crime, is a direct responsibility of the services engaged in the exchange of funds. In this case, the OP explicitly said about providing money exchange services on an ongoing basis.
As we have already said, in this case, the OP has nothing to do with the funds sent to our addresses from a legal point of view. When accepting criminal funds to their own addresses, there are other legal consequences for users.

5. How much from that fund is marked as tainted? All of it?

- Yes, all the funds sent are related to criminal activity. We cannot disclose the details of the incident publicly, as the disclosure of such data may adversely affect the investigation

I can see that this conversation will go into a big mess of quote pyramid. So, to prevent that, just ignore all of the text above and begin replying from below the line. And please learn the proper way to quote.


1. And the details like username [which understandably some will prefer to be a private matter] are important on this investigation... how? I am once again bringing your older statement here for everyone's attention:

[...]
We do not request KYC, as we value the confidentiality of our customers, but only information about the source of the funds received.

seems the exact opposite to me, you're violating the confidentiality of your customer by forcing him to reveal his contact info, and you're not only asking about the source of the fund.

2. Still not explaining about the counterproductive-ness of having OP to ask for his client to provide the info. As mentioned, if we suppose OP did involved in the crime, there's nothing stopping him to work with this client to fabricate that evidence you asked. So...?

3. Thus... innocent? Your words, and I quote, "Since the OP is not the sender of the funds, he has nothing to do with the funds sent to us."

4. Quite contradictive, is it not? "As we have already said, in this case, the OP has nothing to do with the funds sent to our addresses from a legal point of view. When accepting criminal funds to their own addresses, there are other legal consequences for users." So does he have nothing to do with the fund sent to your address or is he involved in it and thus have to face legal consequences?

5. Oh, wow! All of it? But I thought you send him a screenshot of analysis that shows the tainted money from darknet is just 2.2%? With 3.1% at best if we consider everything shady as "tainted"? Tsk... tsk... tsk... now now, which one of your employee published that analysis and which one of you is lying?

[...]
- So everything they asked for I provided them with, and they still didn't release my money, they sent a screenshot that 2.2% of the money is related to darknet, thats 2.2% from 8000 EUR  which is exactly 160 EUR, so for 160 EUR my whole 8000 EUR is freezed (https://i.ibb.co/7XBtjb4/IQ8jYY.png), and every proof they wanted I gave it to them

[...]

For reference, the image being mentioned is as below [re-uploaded to talkimg]

[fixedfloat]

So how long you are going to wait and keep these funds frozen? Forever?

Why dont you act like banks and any other financial institution? If they do not want to process transfer for whatever reason that might be they will simply refund. It does not matter that the money have already been in their bank acc. Nothing will happen if they refund money to same account where it came from. This is just some crap you saying to keep OP funds.

We cannot exchange or refund funds obtained through criminal means, as this may be interpreted as complicity in a crime. In order to continue the exchange or return the coins, we must make sure that the funds were received in an honest way

[crypto4design]

So how long you are going to wait and keep these funds frozen? Forever?

Why dont you act like banks and any other financial institution? If they do not want to process transfer for whatever reason that might be they will simply refund. It does not matter that the money have already been in their bank acc. Nothing will happen if they refund money to same account where it came from. This is just some crap you saying to keep OP funds.

We cannot exchange or refund funds obtained through criminal means, as this may be interpreted as complicity in a crime. In order to continue the exchange or return the coins, we must make sure that the funds were received in an honest way

Which law is providing this data and which law are you in general abiding EU or USA

Why have you not given an answer to me regarding your checkbox thingy update?

why you didnt answer to darkness?

Why is there no record of your company in seychelles available on official goverment website?

Who is company monitoring or governing your work financials?

Why is your company details and representive data not available on your website as required by EU law if judghing by your tos you are reffering to EU laws you are in clear violation of EU data and Privacy as law states FOLLOWING

your identity, such as your trading name
legal physical and e-mail address and telephone number; if different, the legal address of your establishment
your legal status, legal form and, if you are registered in a trade or similar public register, the name of the public register for your activity and your registration number (plus your professional title and Member State in which it was granted, if the activity is based on a regulated profession)
VAT identification number, if your activity charges VAT for the goods or services it provides
details of any supervisory authority, if your activity is subject to a professional authorisation scheme
link from your website to the Online Dispute Resolution platform, a service provided by the European Commission to easily solve issues with consumers
general terms and conditions, terms of sale and other applicable information related to the sales transaction that you must provide to the customer during the ordering process
privacy policy, cookie policy, and other policies applicable to personal data protection


Therefore you added after you saw topic going crazy after your ass yestrday you updated your website as i provided evidence upthere to include checkbox and you dont allow exchange to be made without contenst therefore all previous exchanges are illegal and this is provided by EU GDPR LAW

Posting following

If a website states that by browsing or using the site, users automatically agree to the terms, without providing a clear opportunity to refuse or actively consent, it may not meet the requirements set forth by the GDPR.

You can check 2 posts up there to see evidence of fixedfloat breaking EU laws and since they dont allow USA citizens that means they are primarly focused on EU and ASIA

EDIT: Adding my past  comment evidence


Current state you have to check in box becuse they know it wont pass if you dont agree (becuse they know there was loophole that they need to patch)

https://i.ibb.co/9HbX74B/fixedfloatscam.png
 (I DIDNT CONSEST TO ANYTHING)

When i made exchanges it was like this

https://i.ibb.co/Gsq0qfh/fixedfloatscam2.png

You can check archive.org on 1 january to confirm this

https://web.archive.org/web/20240101102027/https://fixedfloat.com/

[JollyGood]

So how long you are going to wait and keep these funds frozen? Forever?

Why dont you act like banks and any other financial institution? If they do not want to process transfer for whatever reason that might be they will simply refund. It does not matter that the money have already been in their bank acc. Nothing will happen if they refund money to same account where it came from. This is just some crap you saying to keep OP funds.

We cannot exchange or refund funds obtained through criminal means, as this may be interpreted as complicity in a crime. In order to continue the exchange or return the coins, we must make sure that the funds were received in an honest way

In other words what Fixedfloat are stating is that they will keep the funds for themselves under the guise of receiving funds from criminal means. Fixedfloat is not trading as registered company. It operates (as stated in their own terms of service) without answering to any law enforcement agency and has no country/state as preference for litigation and will never allow any customer/client to take it to Court as they remain anonymous.

Yet after all that, they claim they cannot return the funds back to the customer they confiscated it from. Well, this exchange is never going to get any support in this forum.

Have a look at the terms of service, it goes to the extremely impracticable extent to state in Section 19 Disputes Resolution (19.1): All disputes and disagreements that might arise from these Terms shall be resolved by means of negotiations.

There is zero recourse available for any customer/client to seek a legal dispute. They have not stated which country they will allow jurisdiction in the event there is litigation and for those very same reasons they cannot confiscate $8000 from the OP under dubious and deliberately worded terms and conditions of using their platform.

No government agency is going after them or will go after them if they return the funds to the OP but they are portraying themselves as a law abiding entity yet they themselves are not even registered as a company/LTD/LLC in any jurisdiction therefore they are claiming they are in the Seychelles is an attempt at a smokescreen.

OK, so based on this information I come to two conclusions:

1. Absolutely nobody should be using FixedFloat. The BTC taint analysis should be conducted before they send funds to the "main address." This way, the funds can simply refunded to the sender if they are found to be unacceptable according to their standards. What FixedFloat is doing is a bad business practice.

2. OP's employers are still on the hook for paying him the owed amount.

[LoyceMobile]

Fixedfloat: who are the "partners" you mentioned? Who decides based on what criteria which Bitcoins are good or evil?
Bitcoin is fungible, attacking it's fungibility is attacking the fundamentals of Bitcoin.

LoyceV: read everything here.

[ScamViruS]

We cannot exchange or refund funds obtained through criminal means, as this may be interpreted as complicity in a crime. In order to continue the exchange or return the coins, we must make sure that the funds were received in an honest way

After blocking the customer's funds, such statement will not be of any benefit. You have repeatedly said that these are funds of criminal means, but so far you have not said anything clearly about how you have identified this fund and who has alleged that this fund is involved in crime. Keep this in mind you are dealing with bitcoins so don't block someone's funds with different tags, this will harm your business. I think the bitcointalk community should not use your exchange and never support you. Because this happened to the OP today, the next day something like this could happen to others.

[crypto4design]

After everything they are asking my customer to undergo KYC procedure which he AGREED ON now watch them ask him his mother birth certificate to be sure that he is born and it's not alien just to not release my money guys after sending so much evidences they are doing this just to let you know guys what they are doing watch this case extremely close they are doing revenge for us whistleblowing on their company

[JollyGood]

They stated in an earlier post they do not operate a KYC policy. If your customer is undergoing KYC with them, they will still never release the funds unless they ask you for your ID too.

What I do not understand is why would you or your customer go through a KYC procedure with an anonymous exchange that you do not even know where it is based, where their head office is located and the name of any person you can serve legal papers on? Why give them private details such as ID documents when they could easily sell them on to criminals (or use them themselves for criminal activity)?

The other question that comes to mind is the obvious one: if they claim the funds originated from criminal activity, they will never release the funds regardless of what KYC is followed. I agree, they are putting you through this to punish you for bringing their shameful conduct to our attention.

After everything they are asking my customer to undergo KYC procedure which he AGREED ON now watch them ask him his mother birth certificate to be sure that he is born and it's not alien just to not release my money guys after sending so much evidences they are doing this just to let you know guys what they are doing watch this case extremely close they are doing revenge for us whistleblowing on their company

[crypto4design]

They stated in an earlier post they do not operate a KYC policy. If your customer is undergoing KYC with them, they will still never release the funds unless they ask you for your ID too.

What I do not understand is why would you or your customer go through a KYC procedure with an anonymous exchange that you do not even know where it is based, where their head office is located and the name of any person you can serve legal papers on? Why give them private details such as ID documents when they could easily sell them on to criminals (or use them themselves for criminal activity)?

The other question that comes to mind is the obvious one: if they claim the funds originated from criminal activity, they will never release the funds regardless of what KYC is followed. I agree, they are putting you through this to punish you for bringing their shameful conduct to our attention.

After everything they are asking my customer to undergo KYC procedure which he AGREED ON now watch them ask him his mother birth certificate to be sure that he is born and it's not alien just to not release my money guys after sending so much evidences they are doing this just to let you know guys what they are doing watch this case extremely close they are doing revenge for us whistleblowing on their company

Not just that i am delivering mail in full that my client recieved

Hello,

We need to get concrete direct evidence of receipt of funds. Due to circumstances, we can offer you verification.

Based on the Terms of Service:
7.9. In some cases, when, for objective reasons, the user cannot provide sufficient evidence of the source of the funds received, as well as in the case of the sender's personal acquaintance with the alleged criminal who sent the funds to the User, as an exception, the User may be asked to undergo identity verification.

We do not practice KYC verification, as we value the anonymity of our customers, but since in this case the risk of exchanging or returning these funds is high for our service, we can make an exception. At the official request of law enforcement agencies for this transaction, we will be able to provide your data for communication.

Are you ready to go through identity verification to unlock the order?


Now they are punishing me for posting this everyhwere by staling with an answer guys really FOCUS on this since my client and me have nothing to do with any crimes and we provide evidence and even  agreeing to KYC just to get money released for me becuse i have nothing at amoment and THEY ARE PUNISHING ME FOR LEAKING EVERYTHING TO COMMUNITY now they stale with replys cleints is waiting for 3hours now with me i am begging him to stay awake

[fixedfloat]

1. And the details like username [which understandably some will prefer to be a private matter] are important on this investigation... how? I am once again bringing your older statement here for everyone's attention:
seems the exact opposite to me, you're violating the confidentiality of your customer by forcing him to reveal his contact info, and you're not only asking about the source of the fund.

There are many cases where the client can provide information about the source of the funds received without providing personal data. Also, in some cases, when there are problems with providing evidence, we can ask the user to pass verification.

2. Still not explaining about the counterproductive-ness of having OP to ask for his client to provide the info. As mentioned, if we suppose OP did involved in the crime, there's nothing stopping him to work with this client to fabricate that evidence you asked. So...?

All evidence provided is verified. Providing fake data greatly aggravates the existing incident.

3. Thus... innocent? Your words, and I quote, "Since the OP is not the sender of the funds, he has nothing to do with the funds sent to us."

In this case, the user is not related to this order for us, therefore, in principle, he does not have the right to claim a refund and provide information about the source of funds

4. Quite contradictive, is it not? "As we have already said, in this case, the OP has nothing to do with the funds sent to our addresses from a legal point of view. When accepting criminal funds to their own addresses, there are other legal consequences for users." So does he have nothing to do with the fund sent to your address or is he involved in it and thus have to face legal consequences?

In this case, two different possible cases are described. If the user accepted funds to their addresses, and then sent them to us, and if the user simply gives the address from the order to his client. In the second case, the user has nothing to do with the funds being sent.

5. Oh, wow! All of it? But I thought you send him a screenshot of analysis that shows the tainted money from darknet is just 2.2%? With 3.1% at best if we consider everything shady as "tainted"? Tsk... tsk... tsk... now now, which one of your employee published that analysis and which one of you is lying?

There are various services for analyzing cryptocurrency funds. Our partners use exclusively analysis services that are used by law enforcement agencies around the world. There are only a few companies that are able to effectively accurately determine the direct connection of funds with an illegitimate source.
We do not use services whose data can be accessed by anyone, as the publicity of the data plays in favor, including for criminals.

So how long you are going to wait and keep these funds frozen? Forever?

Why dont you act like banks and any other financial institution? If they do not want to process transfer for whatever reason that might be they will simply refund. It does not matter that the money have already been in their bank acc. Nothing will happen if they refund money to same account where it came from. This is just some crap you saying to keep OP funds.

In our practice, there were cases when we received a police request to seize funds more than a year and a half after we had frozen the funds. Unfortunately, bureaucracy prevents the prompt resolution of all issues.

Banks and other financial institutions carry out full verification of identity, including place of residence, work, salary level, and so on before opening an account. We are not a bank, and due to the lack of mandatory verification of all customers, as well as the rather floating status of cryptocurrencies, we are vulnerable. This also confirms the recent case of Binance. We will continue to fight money laundering in our service and also agitate not to use FixedFloat for those who are in any way connected with criminal funds.

Fixedfloat: who are the "partners" you mentioned? Who decides based on what criteria which Bitcoins are good or evil?
Bitcoin is fungible, attacking it's fungibility is attacking the fundamentals of Bitcoin.

LoyceV: read everything here.

We receive information about thefts and fraud from our partners (other exchanges and cryptocurrency services) and victims who contact us. All evidence is carefully considered.

At the moment, the funds are frozen, and no operations are being carried out with them. If we receive a request from law enforcement agencies, they will see that these funds are located at a FixedFloat address. We have all the evidence base that confirms that the funds received by the sender are related to criminal activity. We value our reputation and do not want to be complicit in crimes, because of ignoring which our service may be blocked. We emphasize that we are very loyal to our users, but if we receive information confirming that the funds we received were clearly related to criminal activity, we are obliged to verify this information by requesting the source of the funds.

We work all over the world, based in the Seychelles.

In this situation it appears that you are maintaining a win-win situation for yourself. You have withheld someone's hard earned money by showing your power, if you think there is a problem with this fund then why not refund it to the same address instead of keeping this fund. You keep the funds in your wallet and ask the OP for one document after another, I don't think there is any need for these. I would say those who run this kind of business and harass customers should be avoided, everyone should refrain from using Fixedfloat, they make such a scene with customer's funds which harass customers and keep their funds withheld on various pretexts.

The law enforcement agencies excuse is now being used the most, would you please confirm which law enforcement agencies are actually complaining to you that this fund is involved in any criminal means.

We receive dozens of requests a day from law enforcement agencies in a huge number of countries. All requests are sent from official email addresses (which, of course, are checked) by law enforcement agencies, contain signatures and seals.

Have a look at the terms of service, it goes to the extremely impracticable extent to state in Section 19 Disputes Resolution (19.1): All disputes and disagreements that might arise from these Terms shall be resolved by means of negotiations.

There is zero recourse available for any customer/client to seek a legal dispute. They have not stated which country they will allow jurisdiction in the event there is litigation and for those very same reasons they cannot confiscate $8000 from the OP under dubious and deliberately worded terms and conditions of using their platform.

No government agency is going after them or will go after them if they return the funds to the OP but they are portraying themselves as a law abiding entity yet they themselves are not even registered as a company/LTD/LLC in any jurisdiction therefore they are claiming they are in the Seychelles is an attempt at a smokescreen.

OK, so based on this information I come to two conclusions:

1. Absolutely nobody should be using FixedFloat. The BTC taint analysis should be conducted before they send funds to the "main address." This way, the funds can simply refunded to the sender if they are found to be unacceptable according to their standards. What FixedFloat is doing is a bad business practice.

2. OP's employers are still on the hook for paying him the owed amount.

Anyone has the opportunity to apply to law enforcement agencies with a statement on the retention of funds. We respond to all requests from law enforcement agencies and provide a detailed answer about the reasons for the freezing of funds.

In the practice of cryptocurrency services, there are cases when even projects with mandatory KYC were recognized as accomplices to crimes and were subjected to at least fines, and at most sanctions, which in principle means the complete closure of the project. We are not interested in this, so we are ready to protect our own interests, trying to continue to provide the same level of quality services to our customers.

[JollyGood]

You have not received any request or notice from any law enforcement agency yet you have confiscated the funds because maybe someone 18 months from now will request it? Can you understand how ridiculous that sounds?

You are never going to be asked to pay any fine from  any law enforcement agency because you are not registered in any jurisdiction, you remain anonymous. Why are you conducting KYC on the customer of the OP if the funds are allegedly stolen and you will not return them regardless?

Anyone has the opportunity to apply to law enforcement agencies with a statement on the retention of funds. We respond to all requests from law enforcement agencies and provide a detailed answer about the reasons for the freezing of funds.

In the practice of cryptocurrency services, there are cases when even projects with mandatory KYC were recognized as accomplices to crimes and were subjected to at least fines, and at most sanctions, which in principle means the complete closure of the project. We are not interested in this, so we are ready to protect our own interests, trying to continue to provide the same level of quality services to our customers.

[alterra57]

@Fixedfloat, I didn't want to go too deep into this but I once had a good amount of money stuck with Changelly and I made them give it back, I know what feelings OP must be going through right now so for that reason, READ THIS CAREFULLY!

YOU ARE NOT ALLOWED TO HOLD OP'S FUNDS HOSTAGE, YOU ARE ALLOWED TO REFUSE YOUR SERVICES TO THEM AND RETURN THE FUNDS TO THE ORIGINATING ADDRESS!


You have frozen those funds because you want to, not because you are required by law or by a law enforcement agency. You say you are based in Seychelles, let's just assume for a second that you have a company registered there, Seychelles DOES NOT have a crypto operating license nor do they have a legal framework in place regarding cryptocurrencies, all you need is to create a company and without any extra licenses you can operate as a crypto exchange. THAT MEANS THAT YOU ARE NOT REQUIRED BY THEIR LAW TO FREEZE ANY FUNDS, whether your partner marks said funds as illicit or not!

It is very clear to me that you are holding OP's funds because YOU WANT TO, not because you are required to do so by any institution. In cases such as yours, where YOU DO NOT verify a users ID, YOU MUST return the funds.

[LoyceV]

he sent it in two transactions one before the work started and one after, I didn't notice at the time, but after I finished the work I found out that fixedfloat are freezing my money

So you got partially paid up front but didn't check it before you did all the work? I find this hard to believe (and incredibly dumb). Trusting an anonymous website with a large amount of money at once was dumb too. You could have made several smaller exchanges, to reduce the risk of selective scamming freezing your money.

a guy approached me for a website, and I did the website for him

January 7 post on bestchange

I'm curious: on January 7 you posted about a project that started in December, and paid €8k. That's a very high payment for working on a website for maybe a week (first payment: Dec 21, second payment: Jan 2). And 365 days maintenance was also paid upfront?
I get that this story raises suspicion.

What do you mean with 30% Bitcoin transaction fees? Fees were high, but sending 0.067 or 0.138 Bitcoin with one input would have taken 0.0002 Bitcoin at most. That's 0.30%.

So this basically means criminal funds in this case have successfully been laundered, even though the victim contacted fixedfloat? This is exactly what fungibility means, and it's exactly why the whole idea of "taint" is BS.

i think i will be first guy who killed himsef over being blocked his own money my luck is really fucked up i got job after 2 year being unemployed worked always below developler average payment and finnaly when i got experience and start to get reputation i get fucked on my first big payment job

This makes your story about earning €8k in a week even more difficult to believe.

I Needed to force customer that i will not make any updates or maintain website as per deal if he doesn't contact them

So far for your "reputation". If your customer paid to the Bitcoin address you gave him, he's done his part. You're now showing to be an unreliable business partner by changing the deal you made after you were paid. Your customer can't help that you used someone else's address.

Customer has much of rich clients

my customer and forcing him to tell where his funds came from which again he is doing trading signals and they pay him/tip him if signal is correct

That's another thing: this whole "signals" business is very shady. I've seen spam for it countless times, and I bet it's abused for pump and dump schemes too.
This story smells.

We need the following information from you, as the sender of funds for the order:
1. How do you find customers or do they find you?
2. What kind of services do you provide? Send us your service announcement (screenshot or link to your ad).
3. Where do you communicate with customers?

The more I read about this case, the more I think there's more to it.

We received information from partners that the funds at the address were obtained through criminal means.

Which "partners"? Be specific.

our partners (other exchanges and cryptocurrency services) and victims who contact us.

In this case: if you know the funds are stolen, and you know who told you about it, have you contacted the "partner" or the victim to tell them the joyful news that you found back their stolen money?

I have asked OP for txID

It's in his screenshots:
842005fb2433d12308d94b0c492bd950ad0aa53ce33aa9a6ff3aa53934ec80f1 and cfcfcdfd29ccd5bb0aaf852076ab9fdd22895d9474c88f84add7f61c53866b73

Funds from our hot addresses are automatically consolidated to our main addresses, as funds are sent from us only from our main addresses. Thus, law enforcement agencies see that the funds have been transferred to the addresses of our service.

Following the above transactions, it looks like you've "mixed" OPs funds with other funds and consolidated them into bc1qns9f7yfx3ry9lj6yz7c9er0vwa0ye2eklpzqfw. Aren't you concerned that those funds you deemed criminal are now in your own address, meaning anyone that receives Bitcoin from your exchange now receives some of those criminal funds? It shows once again that "taint" is only made-up BS.

The funds remain frozen at our addresses, and when the frozen funds are seized by the authorities, they are also sent from our addresses.

That's not true. You say the funds "remain frozen", but that can't be since you've mixed them already.
The first transaction was mixed in this transaction and that same output was used to sent to another address. The second transaction was mixed in this transaction and also sent to another address. None of the funds were frozen in your wallet, you're normally using them to pay other people.
To summarize: if those funds came from criminal activity as you claim, you've now sent it to other innocent users who now own those "tainted" Bitcoins.
It sounds very much like you only care about "taint" when it's convenient for you.

Since the OP is not the sender of the funds, he has nothing to do with the funds sent to us.

You're omitting the fact that OP initiated the exchange on your website. Of course he has something to do with it.

all the funds sent are related to criminal activity. We cannot disclose the details of the incident publicly, as the disclosure of such data may adversely affect the investigation

This once again comes down to "taint" being completely arbitrary: the transactions were published in this topic. If certain addresses are "criminal", and you happen to know about it, why don't you publish a list? Who decides this? How is this verified? Do different exchanges use different lists of what they consider "tainted"?

At the moment, the funds are frozen, and no operations are being carried out with them.

That's a lie, as pointed out above.

We value our reputation and do not want to be complicit in crimes

Cool story. Except for the fact that you didn't freeze the coins, and sent them to other addresses (most likely owned by your other customers). How are you going to explain to them how you got those coins, if they come back to you because they are "tainted"? It seems like you're demanding much higher standards from your users than from yourself.

2. OP's employers are still on the hook for paying him the owed amount.

OP gave his customer a Bitcoin address to pay to. They paid.

we must make sure that the funds were received in an honest way

And there's the problem with "taint" again: what's legal in one place, may be illegal in another. You're not even sharing which jurisdiction applies. Depending on where you are gambling or prostitution can be perfectly legal or a crime. Now who's going to judge who's "honest"?

After everything they are asking my customer to undergo KYC procedure which he AGREED ON now watch them ask him his mother birth certificate

Say what? It sounds a lot like data mining from an anonymous guy who's hiding in a tax paradise.

We do not practice KYC verification, as we value the anonymity of our customers, but since in this case the risk of exchanging or returning these funds is high for our service, we can make an exception. At the official request of law enforcement agencies for this transaction, we will be able to provide your data for communication.

@fixedfloat: can you confirm the above 2 statements (mother's birth certificate and law enforcement request) are true? I'm especially curious which law enforcement agency allows you to refund stolen funds in exchange for his mother's birth certificate.

Our partners use exclusively analysis services

You mean the companies that sell this "service" and turned the notion of "taint" into a business model? The companies who's sole existence depends on people buying into the "Bitcoin isn't fungible" attack?

What do you mean when you say you're "partners" with "analysis services"? I can imagine you buy their "service", but if you're "partners", does that mean you provide them with data too (maybe an overview of all exchanges ever carried out on your platform)?

We receive information about thefts and fraud from our partners (other exchanges and cryptocurrency services) and victims who contact us. All evidence is carefully considered.

Great! So let me ask again: have you contacted the "partner" or the victim to tell them the joyful news that you found back their stolen money?

@fixedfloat: please use the quote button instead of bold font inside a quote, and read the forum rules (edit your post instead of posting 4 times in a row).

I spend quite a lot of time digging through all posts and data for this case. TL;DR: OP's story sounds shady, and fixedfloat lied about freezing OP's funds.

[holydarkness]

[...]

5. Oh, wow! All of it? But I thought you send him a screenshot of analysis that shows the tainted money from darknet is just 2.2%? With 3.1% at best if we consider everything shady as "tainted"? Tsk... tsk... tsk... now now, which one of your employee published that analysis and which one of you is lying?

There are various services for analyzing cryptocurrency funds. Our partners use exclusively analysis services that are used by law enforcement agencies around the world. There are only a few companies that are able to effectively accurately determine the direct connection of funds with an illegitimate source.
We do not use services whose data can be accessed by anyone, as the publicity of the data plays in favor, including for criminals.

As predicted, this turns into a cluster of messy quote. Again, learn how to quote. You have sophisticated system [or so it seems] and --I believe-- a powerful tech team, one of them can look into this forum and teach you how quoting works. It's very simple, he won't need more than few seconds.

I am tabling other, simpler, things for now [point 1-4] and focus on point number 5. You're saying the analysis you use now came out with a result that 100% of the fund is dirty? Who provide the initial analysis, again? The one with mere 3.1% [at best]? Such an astronomical difference, don't you agree? You sure the analysis given by your partners are the valid one and not a false positive?

[...] If certain addresses are "criminal", and you happen to know about it, why don't you publish a list? [...]

This, I can help answering for them. They've been asked about this on an older thread where they're --similarly-- being questioned quite thoroughly, though their answer is not satisfactionary and, when pursued further, they went full Avatar Aang.

Of course, we will not publish the blocking list, since we do not cooperate with cryptocurrency scammers and thieves, we treat them extremely negatively and believe that they bring huge harm to the entire crypto community. Many of our employees have also been hacked and caught in fraud before, so we are well aware of how difficult it can be to recover lost funds.
[...]

[...]
The publication of our blocklist will provide information to criminals that their crime is known, and will help in their laundering. We will not assist criminals in any way. Honest users will be able to provide the necessary data if they have deleted this data purposefully.

[crypto4design]

he sent it in two transactions one before the work started and one after, I didn't notice at the time, but after I finished the work I found out that fixedfloat are freezing my money

So you got partially paid up front but didn't check it before you did all the work? I find this hard to believe (and incredibly dumb). Trusting an anonymous website with a large amount of money at once was dumb too. You could have made several smaller exchanges, to reduce the risk of selective scamming freezing your money.

a guy approached me for a website, and I did the website for him

January 7 post on bestchange
https://i.ibb.co/HdZ4swM/x8.png

I'm curious: on January 7 you posted about a project that started in December, and paid €8k. That's a very high payment for working on a website for maybe a week (first payment: Dec 21, second payment: Jan 2). And 365 days maintenance was also paid upfront?
I get that this story raises suspicion.

What do you mean with 30% Bitcoin transaction fees? Fees were high, but sending 0.067 or 0.138 Bitcoin with one input would have taken 0.0002 Bitcoin at most. That's 0.30%.

https://i.ibb.co/vmTftfP/ff2.png

So this basically means criminal funds in this case have successfully been laundered, even though the victim contacted fixedfloat? This is exactly what fungibility means, and it's exactly why the whole idea of "taint" is BS.

i think i will be first guy who killed himsef over being blocked his own money my luck is really fucked up i got job after 2 year being unemployed worked always below developler average payment and finnaly when i got experience and start to get reputation i get fucked on my first big payment job

This makes your story about earning €8k in a week even more difficult to believe.

I Needed to force customer that i will not make any updates or maintain website as per deal if he doesn't contact them

So far for your "reputation". If your customer paid to the Bitcoin address you gave him, he's done his part. You're now showing to be an unreliable business partner by changing the deal you made after you were paid. Your customer can't help that you used someone else's address.

Customer has much of rich clients

my customer and forcing him to tell where his funds came from which again he is doing trading signals and they pay him/tip him if signal is correct

That's another thing: this whole "signals" business is very shady. I've seen spam for it countless times, and I bet it's abused for pump and dump schemes too.
This story smells.

We need the following information from you, as the sender of funds for the order:
1. How do you find customers or do they find you?
2. What kind of services do you provide? Send us your service announcement (screenshot or link to your ad).
3. Where do you communicate with customers?

The more I read about this case, the more I think there's more to it.

We received information from partners that the funds at the address were obtained through criminal means.

Which "partners"? Be specific.

our partners (other exchanges and cryptocurrency services) and victims who contact us.

In this case: if you know the funds are stolen, and you know who told you about it, have you contacted the "partner" or the victim to tell them the joyful news that you found back their stolen money?

I have asked OP for txID

It's in his screenshots:
842005fb2433d12308d94b0c492bd950ad0aa53ce33aa9a6ff3aa53934ec80f1 and cfcfcdfd29ccd5bb0aaf852076ab9fdd22895d9474c88f84add7f61c53866b73

Funds from our hot addresses are automatically consolidated to our main addresses, as funds are sent from us only from our main addresses. Thus, law enforcement agencies see that the funds have been transferred to the addresses of our service.

Following the above transactions, it looks like you've "mixed" OPs funds with other funds and consolidated them into bc1qns9f7yfx3ry9lj6yz7c9er0vwa0ye2eklpzqfw. Aren't you concerned that those funds you deemed criminal are now in your own address, meaning anyone that receives Bitcoin from your exchange now receives some of those criminal funds? It shows once again that "taint" is only made-up BS.

The funds remain frozen at our addresses, and when the frozen funds are seized by the authorities, they are also sent from our addresses.

That's not true. You say the funds "remain frozen", but that can't be since you've mixed them already.
The first transaction was mixed in this transaction and that same output was used to sent to another address. The second transaction was mixed in this transaction and also sent to another address. None of the funds were frozen in your wallet, you're normally using them to pay other people.
To summarize: if those funds came from criminal activity as you claim, you've now sent it to other innocent users who now own those "tainted" Bitcoins.
It sounds very much like you only care about "taint" when it's convenient for you.

Since the OP is not the sender of the funds, he has nothing to do with the funds sent to us.

You're omitting the fact that OP initiated the exchange on your website. Of course he has something to do with it.

all the funds sent are related to criminal activity. We cannot disclose the details of the incident publicly, as the disclosure of such data may adversely affect the investigation

This once again comes down to "taint" being completely arbitrary: the transactions were published in this topic. If certain addresses are "criminal", and you happen to know about it, why don't you publish a list? Who decides this? How is this verified? Do different exchanges use different lists of what they consider "tainted"?

At the moment, the funds are frozen, and no operations are being carried out with them.

That's a lie, as pointed out above.

We value our reputation and do not want to be complicit in crimes

Cool story. Except for the fact that you didn't freeze the coins, and sent them to other addresses (most likely owned by your other customers). How are you going to explain to them how you got those coins, if they come back to you because they are "tainted"? It seems like you're demanding much higher standards from your users than from yourself.

2. OP's employers are still on the hook for paying him the owed amount.

OP gave his customer a Bitcoin address to pay to. They paid.

we must make sure that the funds were received in an honest way

And there's the problem with "taint" again: what's legal in one place, may be illegal in another. You're not even sharing which jurisdiction applies. Depending on where you are gambling or prostitution can be perfectly legal or a crime. Now who's going to judge who's "honest"?

After everything they are asking my customer to undergo KYC procedure which he AGREED ON now watch them ask him his mother birth certificate

Say what? It sounds a lot like data mining from an anonymous guy who's hiding in a tax paradise.

We do not practice KYC verification, as we value the anonymity of our customers, but since in this case the risk of exchanging or returning these funds is high for our service, we can make an exception. At the official request of law enforcement agencies for this transaction, we will be able to provide your data for communication.

@fixedfloat: can you confirm the above 2 statements (mother's birth certificate and law enforcement request) are true? I'm especially curious which law enforcement agency allows you to refund stolen funds in exchange for his mother's birth certificate.

Our partners use exclusively analysis services

You mean the companies that sell this "service" and turned the notion of "taint" into a business model? The companies who's sole existence depends on people buying into the "Bitcoin isn't fungible" attack?

What do you mean when you say you're "partners" with "analysis services"? I can imagine you buy their "service", but if you're "partners", does that mean you provide them with data too (maybe an overview of all exchanges ever carried out on your platform)?

We receive information about thefts and fraud from our partners (other exchanges and cryptocurrency services) and victims who contact us. All evidence is carefully considered.

Great! So let me ask again: have you contacted the "partner" or the victim to tell them the joyful news that you found back their stolen money?

@fixedfloat: please use the quote button instead of bold font inside a quote, and read the forum rules (edit your post instead of posting 4 times in a row).

I spend quite a lot of time digging through all posts and data for this case. TL;DR: OP's story sounds shady, and fixedfloat lied about freezing OP's funds.

8000 EUR for website is nothing considering i am full stack onto this and website any experienced developler like me its creatable in under week considere MOST of website development is patching bugs and maintance and improving UX that's why website tend to take long time creating website is easy now consider i got to code for less than 700 euro a month for this...

[crypto4design]

even after completing whole KYC and providing gruesom things fixedfloat asked my customer guess what they aren't replying now and just ignoring everything.

[LoyceV]

8000 EUR for website is nothing

This is exactly what makes your story so hard to believe. Earlier you wrote this:

i think i will be first guy who killed himsef over being blocked his own money my luck is really fucked up i got job after 2 year being unemployed worked always below developler average payment

It doesn't sounds like the regular payment for this is €8k. If "it's nothing", you wouldn't talk about killing yourself over losing payment for a week.

Don't quote long posts.

[Synchronice]

I'm a developer, I provide a service and I get paid for it, a guy approached me for a website, and I did the website for him, and instead of receiving funds to my btc wallet then sending it again to exchange where the transaction fees are way too high, I decided to exchange it directly to xmr because I wanted to hold some xmr as  a long term investment.

Which exchange do you use that charges you high transaction fees? I just calculated and 0.2 BTC to XMR via fixedfloat results in 51.529 XMR while on Binance that results in 51.652 XMR. XMR withdrawal fee is 0.0001 XMR either that equals 0.0167 USD. You would actually save $30 if you were about to use centralized exchanges. I haven't checked decentralized ones but it will be nice to hear which particular exchange you are talking about that you were going to use but had way too high fees.

he sent it in two transactions one before the work started and one after, I didn't notice at the time, but after I finished the work I found out that fixedfloat are freezing my money and the reason is they believe it was obtained by criminal means! so I contacted, and:

It would at least take you some weeks to receive second payment, right? Because you were doing 8000+ Euro job, it would at least take one week, minimum. Didn't you really notice that your wallet wasn't filled the next day? Did you really that blindly decided that it would 100% be sent to your wallet? And only noticed it on 2nd transaction? C'mon man.

At the moment, the funds are frozen, and no operations are being carried out with them. If we receive a request from law enforcement agencies, they will see that these funds are located at a FixedFloat address. We have all the evidence base that confirms that the funds received by the sender are related to criminal activity. We value our reputation and do not want to be complicit in crimes, because of ignoring which our service may be blocked. We emphasize that we are very loyal to our users, but if we receive information confirming that the funds we received were clearly related to criminal activity, we are obliged to verify this information by requesting the source of the funds.

We work all over the world, based in the Seychelles.

Which law enforcement agencies are in touch with you? Also, where is your office? In Seychelles? Is it an African startup? Can I visit you in the office? Since you want to know your customer, your customer has a right to know their service provider.

Current state you have to check in box becuse they know it wont pass if you dont agree (becuse they know there was loophole that they need to patch)

https://i.ibb.co/9HbX74B/fixedfloatscam.png
 (I DIDNT CONSEST TO ANYTHING)

When i made exchanges it was like this

https://i.ibb.co/Gsq0qfh/fixedfloatscam2.png

You can check archive.org on 1 january to confirm this

https://web.archive.org/web/20240101102027/https://fixedfloat.com/

This is 100% right, it's ridiculous when users don't have to mark box checked and then company enforces their own policy on them.

There are so many huuuuuuge quotes, it's very hard to read all of them and many will miss the important aspects of the story. To be frank, I got tired and bored reading them. OP please answer to my quotes.