Tomboi exchange - SCAM 100K$

[albon]

-Why return $10?

1. Tiny amounts like the $10 sent here instead of the promised 50 ETH, may have been sent just to make the swap look completed. This could make both the victim and other users think the payout was made. Things can work differently once the amount becomes very large. Smaller swaps may not reveal the same issues that appear with much larger transactions.

-Why take the site offline while they could potentially create more victims?

2. As for the website going offline, the timing is difficult to ignore, but perhaps a single transaction worth around $100,000  was enough for them, instead of risking what they had already gained for smaller amounts. Taking the site offline, as happened here, would also make it harder for users to gather evidence and investigate what happened.

-------------

Adding a negative trust won't change much. Please create a flag so it will visible to non-registered users.

+ create a flag need it.

I think the OP does not know what a flag is or how to create one, so I created it instead. Everyone can support it based on what happened and the available evidence in this thread: https://bitcointalk.org/index.php?action=trust;flag=3537 || FLAG

[examplens]

-Why return $10?

1. Tiny amounts like the $10 sent here instead of the promised 50 ETH, may have been sent just to make the swap look completed. This could make both the victim and other users think the payout was made. Things can work differently once the amount becomes very large. Smaller swaps may not reveal the same issues that appear with much larger transactions.

This is the most likely scenario. The appearance that the order was executed was more indicative of a technical error and thus gave more time for potential new victims to come, because the $100k user did not immediately turn on the alarms here and thus warn others.

[Bitcoin_Arena]

AakZaki did a good job trying to point out a few red flags like other members had. Unfortunately we didn't take the red flags seriously. Perhaps the security deposit blinded members a bit, but this was the kind of account that was supposed to be tagged from the word go. The fact that he admitted to/lied to buying an account, which is highly discouraged here.

Next time I hear stories of bought/sold accounts, I won't hesitate to tag. It doesn't matter if the security deposit is there or not.

Hi Bro... nutildah What do you think for this purchased account tomboi, the account has now changed hands and now that person has a non-KYC exchange service with Escrow of 10,000$, the only trust at the moment.

I checked again, that in the past the account was connected to the account that committed fraud, below:

8 Accounts Connected:

• Antona
• judyrob
• indobitcoin.tk
• kicauklaten
• Annieluvyou - RedTrust
• kendedes - RedTrust
• dianikusuma - Banned
• brjameng - Banned

I just tagged 3 of the 8 accounts on the list, chances are that if they are not tagged they will sell them again.

Proof Account Connection:

cewekimut - 0x0e3f188b21B534B3454b58ac02c67F192d3DDcaE
sent to
tomboi - 0xB08E8f22e6eA3A6b60821c8D5C898dEc96aE1dF9

https://etherscan.io/tx/0x773e6d2fb24ecee62041fde1ec98d3f39d90df300c738a6356f6ccd177050db4

cewekimut - 0x0e3f188b21B534B3454b58ac02c67F192d3DDcaE
sent to
kicauklaten - 0x22ac1E4E777435e2188E3133aD2A5Dd9C54CfD2F

https://etherscan.io/tx/0x2dc49e60d47136006ec3853c0d71204342e4c1a9a40079bf1b7a1eb253af6260

kendedes - 0xeC13c3205FCCE279307105e178C693FB44654f0E
sent to
cewekimut - 0x0e3f188b21B534B3454b58ac02c67F192d3DDcaE

https://etherscan.io/tx/0x8b03507bd87d6f463e0a86bd5bec879bbc26c3ea6293b5cfc785d5995ed79d45

We have to be careful of security deposits as well; a $10,000 security deposit does not guarantee that someone won't get scammed if they decide to exchange $50K+ at once. So the scammer used a security deposit to make people think his platforms were trustable and secure on top of getting some good reviews from members for his next scam project. I am sure the scammer will be back under a new name. Let's be careful about these new services.

[albon]

The fact that he admitted to/lied to buying an account, which is highly discouraged here.

This was already one of the red flags, and I fully agree with what LoyceV previously mentioned in their official announcement on this matter. It raises concerns to use an old Indonesian account and build an exchange platform under that account’s name [especially since the exchange name itself looked strange as a brand for a trading platform].

The reason I chose to use an existing account was mainly practical — to be able to properly present the service (including signature and formatting), since new accounts have strict limitations in that regard.

You should have used a new account with Copper Membership for this. That would have allowed you to base the name of your website on something that makes more sense than an old farmed Indonesian account.

For the record: if you share when exactly you became the owner of this account, I can leave you neutral feedback so there's no doubt about it.

--------------

Next time I hear stories of bought/sold accounts, I won't hesitate to tag. It doesn't matter if the security deposit is there or not.

Well, this would be a good action because it would reduce the likelihood of this account being used for exploiting the account’s rank to appear more established in the field. It would also help prevent its use in scams.

We have to be careful of security deposits as well; a $10,000 security deposit does not guarantee that someone won't get scammed if they decide to exchange $50K+ at once. So the scammer used a security deposit to make people think his platforms were trustable and secure on top of getting some good reviews from members for his next scam project. I am sure the scammer will be back under a new name. Let's be careful about these new services.

That is completely correct. Perhaps we could provide neutral feedback stating that the platform has only escrowed $10,000, aand therefore users should avoid large exposure beyond what the escrow can cover.. This would be also a good idea.

A $10,000 security deposit is not definitive proof that they will not scam users. They also used a review campaign, paying participants to add a sense of legitimacy to their platform. I hope everyone has learned from what happened here.

[LoyceV]

I hope everyone has learned from what happened here.

There's an almost endless number of potential victims out there, and there's always a new sucker who ignores or doesn't even see the warnings.

[hugeblack]

Next time I hear stories of bought/sold accounts, I won't hesitate to tag. It doesn't matter if the security deposit is there or not.

I admit that it was a mistake not to add negative trust due to the account purchase^[1], but adding it wouldn't have changed anything. The cost of buying such accounts is less than $100, and the scammer would have created a new account.

Losing $100 won't make a difference to those scammers.

[1]

Was this account purchased?   You haven't been active since 2019,

I was thinking of adding a neutral trust to clarify the account's owner, but since the account will be used exclusively for advertising the service, I won't do anything

[dkbit98]

Why would you trust an exchange that's not listed on kycnot.me?

There is no guarantee any exchange or other service could turn out to be a scam, even if they are listed on kycnot.me website.

Two things don't make sense:
-Why return $10?
-Why take the site offline while they could potentially create more victims?

They also lost security deposits with multiple escrow, that was over $10k.
Returning $10 sounds like a sick joke to me, and website going offline could be they didn't want to waste more time.

[Trêvoid]

Why would you trust an exchange that's not listed on kycnot.me?

There is no guarantee any exchange or other service could turn out to be a scam, even if they are listed on kycnot.me website.

Correct, but its even a small sign, KYCnot.me requires operational history; they couldn't even manage that.

[TryNinja]

Why would you trust an exchange that's not listed on kycnot.me?

There is no guarantee any exchange or other service could turn out to be a scam, even if they are listed on kycnot.me website.

Correct, but its even a small sign, KYCnot.me requires operational history; they couldn't even manage that.

It's obvious you shouldn't send $100k to a service that launched on April (2 months ago). That really has nothing to do with being or not on kycnot.me