Even Coins (evencoinss.com) operated as a fraudulent cryptocurrency trading platform, targeting victims through WhatsApp investment groups and fake trading apps. The scam followed a romance-baiting model, where victims were manipulated into depositing increasing amounts of cryptocurrency under the illusion of high returns and expert fund management. The platform, which initially appeared legitimate, ultimately led to significant financial losses for investors across multiple cases.

Victims reported different variations of the scam. Some were promised 100% daily profits, only to find their accounts frozen when attempting to withdraw. Others were lured in through contract trading signals and so-called crypto analysts who falsely legitimized the scheme. Many were told they had to pay fake taxes, SEC fees, or profit-sharing obligations to access their funds—only to have their balances wiped out entirely.

Like many crypto scams, the Even Coins platform has since vanished, leaving victims unable to recover their funds. This is a classic advance-fee scam, where victims are pressured to keep sending money under false pretenses while the fraudsters disappear with the deposits. Given the tactics used, it is likely that the scammers will resurface under a new name with a similar scheme.

Anyone encountering investment opportunities promising unrealistic returns should proceed with extreme caution. Legitimate platforms do not guarantee high profits, demand upfront payments for withdrawals, or disappear without warning. If you have been affected by a similar scam, report it to law enforcement and financial regulators immediately. Stay vigilant, and always verify the legitimacy of any crypto investment before committing funds.