[SCAM Warning] Dexbo.org is Withholding Funds and Misleading Users

[Koichiro-C]

Hello Bitcointalk community,

I would like to report a serious and ongoing issue with Dexbo.org, a platform that has withheld my funds and demonstrated dishonest and misleading support practices.

Here’s a summary of what I’ve experienced:

⸻

1. USDT Withdrawal Blocked
I submitted a withdrawal request for 10 USDT, which has been placed on hold without any explanation. Despite repeated follow-ups, no progress has been made.

2. BTC Refund Mishandling
Due to a mistake on Dexbo’s part, I was told I would be refunded 0.0017 BTC. However:
   •   I initially received only 0.00017 BTC
   •   Later, 0.0017 BTC appeared as a deposit, not a refund
   •   No explanation or compensation was ever provided
This transaction, originally intended to correct their own error, was misclassified and misused.

3. Terms Not Honored
Dexbo claimed my account was restricted due to “over 3 months of inactivity” — yet this condition does not exist anywhere in their published Terms of Use. This is a clear violation of fair and transparent operation.

4. Shifting Deposit Requirements and Hidden Fees
I deposited the required 0.0015 BTC for account verification, but only 0.001485 BTC was credited. Later, I was told that 1% had been deducted as a fee, which was never disclosed beforehand.
To make matters worse, the required deposit for activation kept increasing each time I contacted support:
0.0015 BTC  → 0.003 BTC.
This is an unfair and manipulative tactic that makes it nearly impossible to meet their conditions.

5. Lack of Transparency & Support
I’ve contacted Dexbo support multiple times via both chat and email.
   •   Email attempts failed due to server issues on their side.
   •   Chat responses were inconsistent, evasive, or stopped altogether.
Even after clearly stating my case and asking for resolution, I received no meaningful help.

⸻

At this point, I have received no resolution, and my assets remain inaccessible.

For anyone interested in verifying my claims, I have compiled a full timeline of events, along with screenshots of all relevant chats and transactions, in this Dropbox folder:
https://www.dropbox.com/scl/fo/mrre455elkmilxztscnr9/AC5BTYremJFWUjyiPeWmdao?rlkey=h3untkjwtvs8ku0rqe7cmys2s&st=9swxayx1&dl=0

If anyone else has experienced something similar, please speak up. I hope this helps others avoid falling into the same trap.

Thank you,
Koichiro

[The Cryptovator]

How did you find this exchange? I never heard about this exchange. I just took a look at that website, and it looks scammy to me. Today Bitcoin is trading around $103000, but they are showing $112000+, so this is a clear scam. Bitcoin value won't be much higher than the market price. Can I ask why you chose them? Were there any free offers? For me, I won't trust them with a penny. It's normal; scammers will not allow you to withdraw funds.

I can't see they are on this forum. If you find them, please add the announcement link. Before choosing an exchange, you must verify them and wait for a few days. Where we have a couple of exchanges with high liquidity, then why choose these scammers?

[SFR10]

@Koichiro-C
As soon as you mentioned they required a certain amount of deposit to verify and activate your account, you should've ignored them ^{[sorry to hear or rather read that (a legitimate platform never asks for such a thing)]}.
^{Note: Always cross-check different things before using a new platform for the first time!}

A few other similar/fake platforms:
^{- I'm using archived links for all of them.}

• Bybuti.com
• Pellar.org
• Bitdurov.com
• Bybetis.com
• Metex.live
• Leemart.online

And the the following two websites that I couldn't archive:

Code:

deweu.com
altowaves.com

[Trêvoid]

hi, first time hearing this site. Always use reputable, well-known exchanges with transparent terms, clear support channels. Furhter, always check user reviews and community feedback before depositing funds.

[Zwei]

4. Shifting Deposit Requirements and Hidden Fees
I deposited the required 0.0015 BTC for account verification, but only 0.001485 BTC was credited. Later, I was told that 1% had been deducted as a fee, which was never disclosed beforehand.
To make matters worse, the required deposit for activation kept increasing each time I contacted support:
0.0015 BTC  → 0.003 BTC.

i stopped reading right here, as that's all i need to know that this website is 100% a scam.

no legit exchange will ever ask for verification deposits, and the fact they keep asking for more each time just prove that even more.
do not deposit any more coins there, you will never see them back. those scammers are just trying to milk as much as they can from you before you realize it.

they also have no online presence whatsoever, their domain is only 5 months old.



how did you find this site in the first place? one of the screenshots you shared shows you got $2k, $1.8k, and $200 from another user, was he the one who showed you this website?
i'm sorry @Koichiro-C, but you got scammed.

[ScamViruS]

It didn't take much effort to figure out that this was a fake website. When someone enters this website, they will only see the currency price being shown when they click on it, it will not take you to a currency chart or any other page. This fake exchange scam is an old one. We have exposed many such scam websites, there are threads about those websites in this forum.

I am still surprised that scammers are still doing this to target new crypto users and scam them. I also get messages with such offers everyday. Since I know what the outcome of such tempting offers will be, I avoid these scammers.

[khaled0111]

As the members above have said, this is clearly a scam. I'm sorry to say that you are unlikely to get your money back. The most important thing you can do now is to refrain from sending them any more money.

The screenshots you shared show that you received a few transfers from another user (which are fake, obviously), and I believe this is how they tricked you into making those deposits.

It's clear from your conversation with their support that no matter how many more deposits you will make, they will always come up with a new excuse to make you deposit even more.

[logfiles]

When I saw the part where the deposit requirements and hidden fees kept changing. I immediately knew that you were indeed scammed. It's very sad to know that you kept sending them money without inquiring from the forum members
I would advise you to count losses and avoid such deceptive websites at all costs in the future.

[albon]

As mentioned above, the platform is about 5 months old, yet they claim on their "About" page that they launched in 2017, but a lie that is contradicted by the domain age.

Also, there are only 3 reviews on the "Trustpilot" review site about this fraudulent platform.

Also, the insurance amounts they requested range from 0.1 to 0.5 BTC .are highly suspicious and are a clear sign of fraud. This requirement is even listed in their "Terms of Use" page, which further exposes their deceptive intent.



Once again OP, do your research, and anything that seems suspicious, you should avoid it without even trying.

[Woodie]

Since when did verification involve one having to deposit funds If it's verification they wanted, it should be in the lines of ID verification or address verification..never a deposit request ! You know what before even reading their terms of service, this should have put you on high alert with alarm bells ringing non stop!!

Anyway it's a learning curve, and maybe someone has also learnt something from this.

[logfiles]

Since when did verification involve one having to deposit funds If it's verification they wanted, it should be in the lines of ID verification or address verification..never a deposit request ! You know what before even reading their terms of service, this should have put you on high alert with alarm bells ringing non stop!!

This should be like one of those unofficial and unwritten golden rules that should be universally known in the crypto industry. Any service that asks a user to deposit funds in order to "activate" or "verify" their account is nothing but a scam. It doesn't matter how good or professional looking the service is.

[Zwei]

Since when did verification involve one having to deposit funds If it's verification they wanted, it should be in the lines of ID verification or address verification..never a deposit request ! You know what before even reading their terms of service, this should have put you on high alert with alarm bells ringing non stop!!

This should be like one of those unofficial and unwritten golden rules that should be universally known in the crypto industry. Any service that asks a user to deposit funds in order to "activate" or "verify" their account is nothing but a scam. It doesn't matter how good or professional looking the service is.

not just in the crypto industry, but in every financial industry.

you would think this would be common sense, but common sense isn't so common anymore... like, in what world do you have to pay money to a platform that already has your "money" in order to get access to it?
can't they just deduct the "verification" fee from the "money" they gave you? you know why they don't do that? becasue it's a scam.