SCAM ALERT: Golden Digital FX Has Shut Down and Victims Are Unable to Withdraw

A new Complaint about Golden Digital FX, a fraudulent Bitcoin trading platform, was posted on BrokersView.

The victim said in the Complaint that he learned about Golden Digital FX from the administrator of a telegram group. According to the admin, other group members were able to make so much money from their investments because they invested in the platform Golden Digital FX and "mined" here. Persuaded by the admin, the victim was so into the investment package and decided to invest.

The scammer instructed him step by step to open an account and told him to make deposits via e-wallet. After paying the funds, customer service claimed that the "mining process" had begun and promised the customer to earn $4,300 within 22 hours.

Although the "good news" of making money arrived on schedule, the victim encountered obstacles when withdrawing. The company has been delaying withdrawals on the pretext that there are too many pending withdrawals. The victim did not know when to withdraw successfully and gradually became anxious.

While the customer was waiting anxiously, Golden Digital FX sent a notification. The scammer said that the "sending speed" of the account was too low, and used this as a pretext to ask for identification information and an additional fee of $900.

However, the victim was still unable to withdraw after paying "taxes" as the company's requirement. He began to wonder if he had been duped and confirmed his thought when he found Golden Digital FX's website, www.goldendigitalfx.trade.com, was no longer accessible.

BrokersView reminds you

Currently, no legitimate cryptocurrency trading platforms offer Bitcoin mining services. Even if they do offer bitcoin trading services to their clients, they must be authorized by the local financial regulators to do so.

Furthermore, Geoff Kendrick, one of the top FX analysts from Standard Chartered, estimated that miners have been selling 100 percent of the new coins they mine lately, according to Reuters.

So forex/cryptocurrency investors, especially newcomers to the market, must be aware of the investment risks they may be exposed to. To minimize investment risk, always make sure that the broker or financial company is authorized by the local regulator before considering whether or not to invest.