We need to talk about Bitiqs.net, a platform that lures people in with promises of low fees and easy withdrawals. You should know that scammers on this site request cryptocurrency deposits and lock your funds behind endless demands for more money. They even claim that accounts with over $5,000 deposits get locked unless you pay additional fees in Bitcoin or Tether (USDT). Their fake customer support provides copy-paste responses, referencing fabricated “agreement rules” to justify blocking withdrawals. Victims report losing thousands while trying to access their own money.

In one case, a victim deposited over $13,000 after watching a YouTube ad for this fraudulent platform. At every step, the scammers claimed the deposits weren’t enough. They demanded payments for premium memberships, unlocking withdrawal tiers, and even a supposed “UK Money Laundering Act” fee. When the victim tried to withdraw, they were blocked again, with the scammers insisting on even more deposits. The website has many complaints online describing similar tactics.

We worked with the victim to document this scheme and share it with authorities like IC3 and Action Fraud UK. Though we couldn’t resolve the case directly, we’re helping to spread awareness and warn others before they fall victim. Everything about this platform screams scam. Legitimate exchanges don’t repeatedly block withdrawals or demand extra deposits to access your funds.

Always research a platform before transferring your money. If you see a site like Bitiqs.net, stay far away. It’s not worth the risk.