Lizex.io SCAM! $18K

[mabji1]

What happened is that Lizex.io scammed my friend out of $18,000. Their liquidity partner was KuCoin and told me that my friend coins had a high AML risk rating and had been frozen by KuCoin.



During my research,  $18,000 USDC is currently held in a wallet. In Lizex.io’s live chat, they stated that the funds were being held by their liquidity partner. I later contacted KuCoin and asked whether the wallet belonged to them. KuCoin confirmed that this wallet was not associated with them.





Based on KuCoin’s response, Lizex.io’s claims about the wallet false. Lizex.io is withholding my friend funds and misleading us about their status.





To be honest, the funds are in their possession, not with the liquidity partner. They are holding the funds while representing that they are held by the liquidity partner. They are also requesting impossible-to-provide KYC documents.

During my research, I also found scam reports about this exchange on Monerica.

The funds were never sent to or held by KuCoin. Instead, Lizex.io’s trigger system placed the funds on hold while blaming its liquidity partner - Lizex.io SCAM!

[_act_]

How did you know about the swap exchange? This is the first time that I know about the swap exchange. There are many scam swap exchange. It is better you are careful and only use the legit ones. There are many of the exchanges on this forum that you can use instead of using the one that people or any community do not know about.

Eidt: the swap exchange has announcement thread on this forum and has review campaign before on this forum.

How did you know about the swap exchange? This is the first time that I know about the swap exchange.

They have ann thread here as well as made a review campaign before.

[RGBTC]

What happened is that Lizex.io scammed my friend out of $18,000. Their liquidity partner was KuCoin and told me that my friend coins had a high AML risk rating and had been frozen by KuCoin.

What led your friend to conclude that the funds were being held by KuCoin, did he track the deposit address? I ask because I don't see that CEX listed as a liquidity partner on the Lizex page.

In any case, they do have a representative here if you wish to contact them. https://bitcointalk.org/index.php?topic=5560783.0

[mabji1]

How did you know about the swap exchange? This is the first time that I know about the swap exchange. There are many scam swap exchange. It is better you are careful and only use the legit ones. There are many of the exchanges on this forum that you can use instead of using the one that people or any community do not know about.

It wasn’t me; my friend was using it. He completed a couple of successful swaps, but this happened when he increased the amount. These aren’t my funds.

What happened is that Lizex.io scammed my friend out of $18,000. Their liquidity partner was KuCoin and told me that my friend coins had a high AML risk rating and had been frozen by KuCoin.

What led your friend to conclude that the funds were being held by KuCoin, did he track the deposit address? I ask because I don't see that CEX listed as a liquidity partner on the Lizex page.

In any case, they do have a representative here if you wish to contact them. https://bitcointalk.org/index.php?topic=5560783.0

Their liquidity partner is KuCoin. If you swap with them and track the transaction on the blockchain, you can verify it. You can also ask them directly; they will reply. I also included their Telegram chat with Lizex support didn’t you see it?

[Shishir99]

Your friend should have chosen a privacy exchange instead that has no KYC. There are several instant swaps, and your friend could have used them. This type of shotgun KYC is the reason there are many no kyc directory exist now. Your friend could have used bitlist.co or similar services to check if the exchange actually asks for KYC, and what they do in case of a high AML score.

These AML scores are actually bullshit. This is one of the ways to scam people. I don't remember seeing this exchange name anywhere in this forum. Even if I have seen it, I don't remember that. I don't understand why people don't do their research before they do a transaction online.

[PX-Z]

I later contacted KuCoin and asked whether the wallet belonged to them. KuCoin confirmed that this wallet was not associated with them.

Perhaps you or your friend asked the wrong person/ live support, why would kucoin hold the funds when your friend sent them to lizex wallet address, of course, kucoin will say it's not them unless lizex sent it to them as required on their process. Are they asking your friend for kyc info? id? selfie? or other docs?

You can also message their representative here, they are quite active here, try to pm the userLizex.io

How did you know about the swap exchange? This is the first time that I know about the swap exchange.

They have ann thread here as well as made a review campaign before.

[UserU]

I don't remember seeing this exchange name anywhere in this forum. Even if I have seen it, I don't remember that. I don't understand why people don't do their research before they do a transaction online.

They had a review campaign in November 2025, managed by Royse.

[LOCK] Lizex.io Review Campaign | Your Opinion Matters | Reward Up To $60

[Woodie]

Photos alone aren't enough here , because impersonation is a big threat in the crypto industry!

Could you share some links just to make sure you are talking about the Lizex we know on the forum.

And how do these two kucoin and Lizex come in the same conversation? Does Lizex give users the option of choosing liquidity provider?

[julerz12]

Basically, Lizex says they don't have the funds; it's on KuCoin, and that exchange says they don't have it either. 
Could you maybe share the transaction ID? Some users here may be able to track it.

You can also message their representative here, they are quite active here, try to pm the user Lizex.io

Their account hasn't logged in since Sept. 6. But maybe this accusation will bring them back here (if they care about their forum rep).

They had a review campaign in November 2025, managed by Royse

And an almost $5k escrow, which was later returned.

[Coyster]

How could your friend send $18,000 all at once into a swap exchange, or into any custodial exchange for that matter. It has always been safer to divide your deposit into smaller chunks, so if you run into a situation like this, you don't lose all of your money.

That said, i have never even really understood the idea of using a swap service that has zero liquidity and depends 100% on third party liquidity providers, it is much better to go directly to their LP and make the transaction. The whole situation with your friend's funds is sketchy and that's not a good sign for them to get their money back.

[un_rank]

It wasn’t me; my friend was using it. He completed a couple of successful swaps, but this happened when he increased the amount. These aren’t my funds.

That is eye brown raising. Not certain this is the case here but scammers usually act in that way, baiting their victim with successful trades until they throw in more money and the websites issue starts which they request more money to fix.

As mentioned, try to reach out to their official representative here to get a follow up. This could be a mix up from the support staff your friend is in communication with. With the amount in contention, this case should have been prioritized and escalated.

- Jay -