EXOLIX SENT ME STOLEN COINS, AND MY FUNDS ARE BLOCKED — $11,000

[Skjadoon]

What happened:: Avoid using Exolix; they sent me stolen coins that are now linked to a phishing scam. Exolix has admitted their mistake, leading to me a loss of $11,000. The stolen coins have been frozen on another platform, and now Exolix claims that if I return the stolen coins, they'll provide a replacement. However, there's no way to recover the scam-related coins. Its marked on etherscan Phishing_scam This situation is entirely their fault, and I lost my money because of their actions.

Scammers Profile Link: https://bitcointalk.org/index.php?action=profile;u=2635081

Amount Scammed: $11,000

Payment Method: XMR

AML Score:

I strongly recommend DONT USE Exolix, as they are not trustworthy!

Proof of Payment:




Exolix Reply:
Unfortunately, I cannot help you
It was our mistake, and we regret it, but I can't help you.


I created flag.

https://bitcointalk.org/index.php?action=trust;u=2635081

I even attempted to contact them, but it seems they don't really care.

[FinneysTrueVision]

You didn’t do a very good job of censoring your screenshots so it was easy to find the ETH transfer. This is the address that received the ETH from Exolix.
https://etherscan.io/address/0x*****

The wallet that sent ETH is not labeled as a phishing scam from what I’m seeing. The only connection to phishing is that Exolix’s wallet received some dust from attempted address poisoning attacks after they sent your ETH. The address where your ETH was received has already transferred it to another address and then it was transferred again. I’m starting to think that the platform that ‘froze' your funds might be the one scamming.

[Skjadoon]

You didn’t do a very good job of censoring your screenshots so it was easy to find the ETH transfer. This is the address that received the ETH from Exolix.


The wallet that sent ETH is not labeled as a phishing scam from what I’m seeing. The only connection to phishing is that Exolix’s wallet received some dust from attempted address poisoning attacks after they sent your ETH. The address where your ETH was received has already transferred it to another address and then it was transferred again. I’m starting to think that the platform that ‘froze' your funds might be the one scamming.

 If any moderators are concerned, I can provide proof.

I received coins from Exolix, then immediately sent them to my client. Now, those funds are frozen by the centralized exchange (CEX)! I had no idea Exolix was sending me stolen coins. I checked the AML score, and guess what? They sent me 100% stolen funds!

Now my client has to jump through ridiculous hoops, dealing with extensive KYC processes and gathering loads of evidence just to get back the stolen funds. It’s absolutely unacceptable! This is all because Exolix decided to send me stolen coins, and it’s putting me in a serious bind.


Do you really think it’s easy to get back stolen funds? Do you honestly believe that a centralized exchange will refund you stolen coins from phishing scam campaigns? Why is Exolix sending me stolen coins? Did you even think for a second about the headaches this causes all of us?

[rat03gopoh]

Haha, as usual. Exchanges without KYC, while AML monitors are in place and ready to dig up more complex customer information than regular KYC processes. Ironically, they can't detect tainted funds from their own wallets (or they don't actually inventory their own liquidity, only working with third parties they trust).

[ABCbits]

OP, i have few suggestion for you
1. Consider adding more information while using Scam Report Format (Use it to make scam reports properly).
2. They also have account on this forum, https://bitcointalk.org/index.php?topic=5185036.0/. Consider sharing your accusation there.

Haha, as usual. Exchanges without KYC, while AML monitors are in place and ready to dig up more complex customer information than regular KYC processes. Ironically, they can't detect tainted funds from their own wallets (or they don't actually inventory their own liquidity, only working with third parties they trust).

Your speculation may be right, according to their FAQ.

[NotATether]

Until AML score checkers are built-in to wallets, these kind of mistakes will keep happening.

It is important to be vigilant and check the scores of all incoming coins being sent to your address.

[albon]

What's the point of using their anonymous exchange if they're going to send stolen from phishing coins or coins obtained illegally in violation of AML and KYC policies? Of course, these coins will be immediately confiscated on CEX platforms that comply with international regulations.

How can they then ask the return of these stolen funds to compensate the client with other coins? This is completely illogical! I don’t believe that CEX platforms would allow the withdrawal of these funds after they have been frozen.

Did your client tried to follow the procedures requested by this centralized exchange where the funds were frozen? Honestly, I don't understand why you used this exchange that caused such a serious mistake, and they should compensate you for the confiscated funds to preserve their reputation.

I’m not sure if @The Cryptovator can intervene to mediate in this case, as I saw that he ran a campaign for them before.

[Skjadoon]

What's the point of using their anonymous exchange if they're going to send stolen from phishing coins or coins obtained illegally in violation of AML and KYC policies? Of course, these coins will be immediately confiscated on CEX platforms that comply with international regulations.

How can they then ask the return of these stolen funds to compensate the client with other coins? This is completely illogical! I don’t believe that CEX platforms would allow the withdrawal of these funds after they have been frozen.

Did your client tried to follow the procedures requested by this centralized exchange where the funds were frozen? Honestly, I don't understand why you used this exchange that caused such a serious mistake, and they should compensate you for the confiscated funds to preserve their reputation.

I’m not sure if @The Cryptovator can intervene to mediate in this case, as I saw that he ran a campaign for them before.

I appreciate your understanding.  Really why am I receiving stolen cryptocurrency? I'm not very knowledgeable about crypto I simply found exolix on kycnot.me and decided to use their site for an exchange. CEX holding coins, and it feels impossible to retrieve the stolen ones even do KYC because its stolen.

I’ve contacted Exolix, but they just keep telling me to return the stolen coins in order to get new ones. How can I possibly recover stolen coins from a phishing attack? It has been stolen someone else money! do you think cex will return it to me?

I regret using Exolix to obtain Ethereum, as all they provided were stolen coins, which has created a chaotic situation for me.

Haha, as usual. Exchanges without KYC, while AML monitors are in place and ready to dig up more complex customer information than regular KYC processes. Ironically, they can't detect tainted funds from their own wallets (or they don't actually inventory their own liquidity, only working with third parties they trust).

Its not funny! I received stolen coins and feel like I've been scammed.

[Skjadoon]

OP, i have few suggestion for you
1. Consider adding more information while using Scam Report Format (Use it to make scam reports properly).
2. They also have account on this forum, https://bitcointalk.org/index.php?topic=5185036.0/. Consider sharing your accusation there.

Haha, as usual. Exchanges without KYC, while AML monitors are in place and ready to dig up more complex customer information than regular KYC processes. Ironically, they can't detect tainted funds from their own wallets (or they don't actually inventory their own liquidity, only working with third parties they trust).

Your speculation may be right, according to their FAQ.

I want to create a flag for them; could you please help me?

[rat03gopoh]

Its not funny! I received stolen coins and feel like I've been scammed.

Sorry if you misunderstood, I never took your loss as a joke. What made me laugh was the failure of their AML tools to detect internal liquidity. They're stricter on the outside, but looser on the inside.

I want to create a flag for them; could you please help me?

Raise your flag using this link https://bitcointalk.org/index.php?action=trust;addflag=2635081.
I think they deserve a type 2 (violated of implied agreement).

Edit: adding a reference to start a flag https://bitcointalk.org/index.php?topic=5156835.0

[Skjadoon]

Its not funny! I received stolen coins and feel like I've been scammed.

Sorry if you misunderstood, I never took your loss as a joke. What made me laugh was the failure of their AML tools to detect internal liquidity. They're stricter on the outside, but looser on the inside.

I want to create a flag for them; could you please help me?

Raise your flag using this link https://bitcointalk.org/index.php?action=trust;addflag=2635081.
I think they deserve a type 2 (violated of implied agreement).

Edit: adding a reference to start a flag https://bitcointalk.org/index.php?topic=5156835.0

Thank you, I'm sorry to tell you this at beginning, but I'm feeling really down right now and uncertain about what to do. I have no way to recover stolen funds.

I created flag.

https://bitcointalk.org/index.php?action=trust;u=2635081

I even attempted to contact them, but it seems they don't really care.

[logfiles]

Haha, as usual. Exchanges without KYC, while AML monitors are in place and ready to dig up more complex customer information than regular KYC processes. Ironically, they can't detect tainted funds from their own wallets (or they don't actually inventory their own liquidity, only working with third parties they trust).

They do ask for KYC at times though


The only fault OP did was to get their funds and not screen them, as it's a common thing with most CEXs these days. You don't want to receive funds from an exchange that rarely performs KYC verification and then immediately send it to an exchange that has mandatory KYC verification and AML policy. They will immediately block the funds as the regulations are becoming tighter.

Secondly, Exolix should have some form of compensation plan. If the funds have already been marked as stolen, then they used count that as a loss and stop accepting stolen funds next time.

[CreepyUncleJoe]

You’re blaming the wrong side here.
Exolix did exactly what you asked, they exchanged your coins. After that, it’s your chosen exchange that froze them, not Exolix.
If those funds were really flagged, then go deal with the CEX that’s holding them. Tell them the coins came from a legit swap service and let them verify it. If they’re honest, they’ll unfreeze your funds. If they don’t, then they’re the ones scamming you, not Exolix.
Stop throwing accusations at the wrong target!

[Skjadoon]

You’re blaming the wrong side here.
Exolix did exactly what you asked, they exchanged your coins. After that, it’s your chosen exchange that froze them, not Exolix.
If those funds were really flagged, then go deal with the CEX that’s holding them. Tell them the coins came from a legit swap service and let them verify it. If they’re honest, they’ll unfreeze your funds. If they don’t, then they’re the ones scamming you, not Exolix.
Stop throwing accusations at the wrong target!

I can see that you have a connection with Exolix and seem to be defending them.

I'm saying that I got stolen coins not high AML like those from mixing services like CoinJoin. I ended up with someone else's coins, and it’s true that once you move them, anyone can freeze them. It’s easy to say that, but it feels like you’re speaking as if you deal with stolen funds every day.

You're echoing what Exolix is saying about going to a centralized exchange to recover my coins. Are you missing the point? Who would willingly release stolen coins obtained through phishing campaigns? There’s a victim behind those coins, and I’m not the owner. Do you really think that if I provide all my information, they would return the coins? They would just forward my details to law enforcement, putting me in a position to a scammer. The real scammer here is Exolix.

Haha, as usual. Exchanges without KYC, while AML monitors are in place and ready to dig up more complex customer information than regular KYC processes. Ironically, they can't detect tainted funds from their own wallets (or they don't actually inventory their own liquidity, only working with third parties they trust).

They do ask for KYC at times though


The only fault OP did was to get their funds and not screen them, as it's a common thing with most CEXs these days. You don't want to receive funds from an exchange that rarely performs KYC verification and then immediately send it to an exchange that has mandatory KYC verification and AML policy. They will immediately block the funds as the regulations are becoming tighter.

Secondly, Exolix should have some form of compensation plan. If the funds have already been marked as stolen, then they used count that as a loss and stop accepting stolen funds next time.

I understand your perspective, but how can I be sure they would actually give me the stolen coins? This is a terrible situation, and I'm really struggling since my money is gone. Exolix doesn’t seem to care at all. What can I do to recover the coins that were stolen through phishing campaigns?

Exolix always work with stolen coins.

[rat03gopoh]

You’re blaming the wrong side here.

Nope.
1st: Exolix admitted it was their fault based on these screenshots

So the OP took the right action.

2nd: In this case, the AML reviewers of both exchanges (the initial sender and the final recipient), both scored this funds as bad. Assuming they used the same AML reviewer, this matter should be between the two of them, with the (coincidental) involvement of the OP and his client as the "path" through which the tainted funds moved.

But, I can also say that the OP is guilty of lax procedures for handling large amounts of money even if Exolix was an exchange s/he used many times.

[rohang]

You’re blaming the wrong side here.
Exolix did exactly what you asked, they exchanged your coins. After that, it’s your chosen exchange that froze them, not Exolix.
If those funds were really flagged, then go deal with the CEX that’s holding them. Tell them the coins came from a legit swap service and let them verify it. If they’re honest, they’ll unfreeze your funds. If they don’t, then they’re the ones scamming you, not Exolix.
Stop throwing accusations at the wrong target!

I disagree, OP sent them clean funds and they sent him dirty coins in return
Its their responsibility to make him whole

There was no way for OP to prevent this, he absolutely did nothing wrong

[Skjadoon]

You’re blaming the wrong side here.
Exolix did exactly what you asked, they exchanged your coins. After that, it’s your chosen exchange that froze them, not Exolix.
If those funds were really flagged, then go deal with the CEX that’s holding them. Tell them the coins came from a legit swap service and let them verify it. If they’re honest, they’ll unfreeze your funds. If they don’t, then they’re the ones scamming you, not Exolix.
Stop throwing accusations at the wrong target!

I disagree, OP sent them clean funds and they sent him dirty coins in return
Its their responsibility to make him whole

There was no way for OP to prevent this, he absolutely did nothing wrong

Could you please support my flag? I believe those accounts are linked to Exolix. why would someone would give away stolen funds really. I haven't done anything wrong; I provided them with clean coins, and then they returned to me funds were stolen. Have you heard of anyone successfully recovering other people stolen coins from a centralized exchange? I haven't found any cases like that. This is related with police.

I created flag.

https://bitcointalk.org/index.php?action=trust;u=2635081;page=iflags

You’re blaming the wrong side here.

Nope.


2nd: In this case, the AML reviewers of both exchanges (the initial sender and the final recipient), both scored this funds as bad. Assuming they used the same AML reviewer, this matter should be between the two of them, with the (coincidental) involvement of the OP and his client as the "path" through which the tainted funds moved.

But, I can also say that the OP is guilty of lax procedures for handling large amounts of money even if Exolix was an exchange s/he used many times.

I don't understand how everyone acts like everything is normal there is a scam happening a theft of funds, stolen coins! It's due to phishing campaigns

Is this really considered normal?

[siepsop]

lmao stolen coins...

[PX-Z]

That's a huge amount, i can only say that it's charge to experience. You should always use a non-custodial wallet whenever you transfer or buy funds from other sources, not directly to an exchange account or any centralized platform's account to avoid such things, then you can send it from your non-custodial wallet to the platform. Make it a habit.

[Skjadoon]

That's a huge amount, i can only say that it's charge to experience. You should always use a non-custodial wallet whenever you transfer or buy funds from other sources, not directly to an exchange account or any centralized platform's account to avoid such things, then you can send it from your non-custodial wallet to the platform. Make it a habit.

I understand, so everything is normal? Is it common to encounter stolen coins?

I’m fairly certain that not many people here are aware of what stolen coins are and how dangerous they can be. Even though I use a non-custodial wallet, there could come a day when I need to make a transfer, and those coins could be lost forever. How can that be resolved? Once the coins are frozen, will I need to undergo KYC to seek a refund? These coins were stolen through a phishing campaign, and there is an original owner who was scammed. Exolix took my money and gave me stolen coins.

Could you please support my flag?

https://bitcointalk.org/index.php?action=trust;u=2635081

I'm seeking assistance from the valuable Bitcointalk community. Please, I need help getting my money back. It feels like no one cares about my situation, and I've done nothing wrong.

ABCbits , NotATether , albon, logfiles , rohang , SFR10 , hugeblack , LoyceV , dkbit98 , GazetaBitcoin