Post
Topic
Board Exchanges
Re: Paxful admins are stealing peoples bitcoins. How do I sue?
by
Paxful_is_a_scam
on 17/02/2020, 10:08:45 UTC
Over a year ago my Paxful account was permanently banned without reason and they have refused to let me withdraw the bitcoins in my wallet. I have contacted their support via live chat and email multiple times for the last year and they continue to ignore me. I did some research and there are multiple other stories on this site and reddit of people having the same thing happen to them. Below is the reddit post I made about this showing the multiple other victims of these scam artists.

https://www.reddit.com/r/Bitcoin/comments/f35kc0/bitcoin_exchange_paxful_stealing_peoples_bitcoin/

Can anyone help me sue this fraud company in claims court?

Over $200? Well, they're incorporated in Delaware: https://icis.corp.delaware.gov/Ecorp/EntitySearch/NameSearch.aspx
Quote
7385758    PAXFUL HOLDINGS, INC.
5786843    PAXFUL, INC.
7453691    PAXFUL USA, INC.

As far as I know, they operated from New York for years, possibly still do.
https://www.builtinnyc.com/company/paxful
https://www.glassdoor.com/Overview/Working-at-Paxful-EI_IE2191935.11,17.htm

What country are you in? If you're not in the US, I'd forget about it.

In fact, unless you can find an address for service of process besides the ones in Delaware, you'd probably have to sue them there. The court filing fee would be $35: https://courts.delaware.gov/help/fees/jpfees.aspx

That is the part I'm confused about. I hear everyone say they have a virtual office in Delware with physical location in Estonia and I also hear people say they are based in New York so i'm not sure the specifics I would need to use for a small claims case.

I am A US resident so I will have no problem with filing the claim just want to make sure I do everything correctly. Any other tips for the actual claim?