Quote from: Harkinson1 on April 20, 2018, 04:03:10 PM

Bitxoxo is absolutely a scam. And I don't say this lightly. I traded about a lot of money with them in December 2017. It took them a couple of weeks to process my withdraws but they came through. I figured it was a one-time problem, so in March I decided to trade another 6.9 lakh with them. Huge mistake.

They claimed that their bank account was frozen and they could not process withdraws. They made it sound like this was a recent issue, but on Twitter people have been complaining of this problem since February. In the meantime, they keep accepting rupee deposits. How can their bank accept deposits but now withdraws? They are unable to explain this.

When I pressed them, they offered to repay me in bitcoin. I said that was fine but that they needed to give me BTC equivalent to 6.9 lakhs based on current market rates in India. Instead they gave me much less, about 5.85 lakhs. They claimed they had repaid me because on their website they now post a ridiculously inflated exchange rate for buying bitcoins that has no basis in actual supply and demand. It is just a rate that they make up.

Other people have had the same experience. Again, look on Twitter. You will see me and others posting there. They have blocked me, along with other former customers who have complained.

On Twitter and Facebook they use social media sock puppets that they hire on Fiverr. These are caucasian Americans mostly. Why are white Americans fans of Bitxoxo but Indians aren't? Probably because they are posting reviews for money.

Bitxoxo is now raising money through an ICO. On ICO Bench they claim to be India's largest bitcoin exchange, which is laughably false. One of their advisors is Boris Otonicar, who was banned from ICO Bench because he represented a fraudulent ICO.

It is amazing that Bitxoxo is still allowed to operate and hasn't been shut down by the authorities in India.

I did not know that. but its gone. Can you please help me how do I get it back?
I agree about fake reviews and I confronted them that they are lying.
I have around 65k in INR which is pending withdrawal process.
I told them atleast take back request so that I can have Bitcoin back and send it to other wallet. They denied it On chat and on phone.
How do I make it right?