[Admin]

Category: Cryptocurrency Exchange Scam

Overview: coinszilla.net presents itself as a legitimate cryptocurrency exchange platform. However, users have reported significant financial losses after engaging with the site, which becomes unresponsive once funds are deposited.

Victim Report

• Reported Loss: Approximately $1,400

Cryptocurrency Addresses Involved

• TBY4YCySmLQXXuKYahQwEqGrYwGFrYXU8K
• TMZQ3xgmhsM9sryiZuKTC9YUFg38vcio9y

Domain Details

• Domain Name: coinszilla.net
• Registration Date: January 25, 2025
• Expiration Date: January 25, 2026
• Last Updated: January 25, 2025
• Registrar IANA ID: 460
• Registrar Contact Phone: +60.189836788

Registrant Information

• Name: Domain Admin
• Organization: Whoisprotection.cc
• Address: Lot 2-1, Incubator 1, Technology Park Malaysia, Bukit Jalil, Kuala Lumpur, Wilayah Persekutuan, 57000, Malaysia
• Phone: +60.389966788

Analysis

The domain coinszilla.net was registered recently, which can be a red flag for fraudulent websites. The promise of high returns with minimal risk is a common tactic used by scammers to lure unsuspecting investors. Additionally, the website has been flagged as suspicious by security services.

Recommendations

• Exercise Caution: Be wary of platforms that guarantee high returns with minimal risk.
• Verify Legitimacy: Conduct thorough research on investment platforms, including checking reviews and regulatory status.
• Report Suspicious Activities: If you’ve encountered or fallen victim to such scams, report the incident to local authorities and online scam monitoring platforms.

Conclusion

coinszilla.net appears to be a fraudulent platform designed to deceive individuals into making investments under false pretenses. Users are advised to avoid engaging with this website and to report any related fraudulent activities to the appropriate authorities.

Topic

[Christy]

I have gotten the runaround from Coinszilla.net. I was “flagged for fraudulent activity” and had to verify my wallet by making a deposit of exactly $150. On the third attempt (because it was not disclosed the first time it had to be exact. Second time I was made aware the 1.5% exchange charge was not counted as part of the $150) my balance went over $900 so I had to deposit another $300 to become a platinum account before my funds could be unlocked. Currently, I am unable to pull up the site. Searched 3 search engines and all say site does not exist.  Loss: $920

[Admin]

Hi Christy,

Thanks for sharing your experience — sadly, what you described is a textbook crypto scam. These platforms use manipulative tactics like fake “fraud flags” and tiered account upgrades to keep extracting money.

Since the site is now down, it’s unlikely they ever intended to release your funds. Please don’t send any more money if you ever hear from them again under a different name.

If you’d like, we can help you connect with a professional crypto investigation team to trace the funds and potentially support your case with law enforcement.

Stay strong,
– Adam | ScamCrypto.net

[M Man]

I am writing to report my experience with the website Coinszilla.net, which appears to be engaging in fraudulent activities.

I currently have 628 USDT in my account but am unable to withdraw it due to an alleged verification requirement. Despite multiple attempts to complete the verification process as per the instructions provided, it does not work. The support desk has been extremely unhelpful and appears disinterested in resolving the issue. Instead, they insist that I must make a deposit using the wallet address TYeEKwtubjgvp27HRaMG4kbQ3JSgZrSZVd before withdrawals can be processed. This raises serious concerns about the legitimacy of their operations.

Upon further investigation, I found that the website was registered under CRYPTO ARBY TRADE LIMITED (Company number: 13491880) in the UK. However, this company was dissolved on December 27, 2023, meaning it no longer has legal standing to operate. The registered office address was 5 Woodwells Road, Birmingham, England, B8 2TH.

The individual linked to this entity is Wan Rong, who was listed as the Director. His details are as follows:

• Date of Birth: October 1985

• Nationality: Hong Konger

• Country of Residence: England

• Occupation: Company Director

• Appointed on: 4 July 2021

• Correspondence Address: 5 Woodwells Road, Birmingham, England, B8 2TH

Given that the legal entity behind this website has been dissolved, it appears that Wan Rong and Coinszilla.net are operating without legal authorisation, which could indicate fraudulent activity.

Additionally, I noticed a discrepancy in the domain name. The official website I interacted with is Coinszilla.net (with an “s”), whereas another site, XRP-rates.net, lists it as Coinzilla.net (without an “s”). This inconsistency raises further concerns about the legitimacy of the platform.

I urge the relevant authorities to investigate this matter urgently, as other users may also be at risk of financial loss. If needed, I am happy to provide further details, including correspondence with Coinszilla.net support and transaction records.

Please confirm receipt of this report and advise on the next steps.

[Admin]

Thank you for sharing your experience. Based on the details you’ve provided, it’s clear that Coinszilla.net is engaging in deceptive practices, including false verification requirements and withdrawal restrictions. The connection to a dissolved UK company further raises red flags.

We strongly advise against making any additional deposits, as this is a common scam tactic to extract more funds from victims. If you haven’t already, report the platform to your local financial authorities and relevant scam-reporting agencies.

We’ll continue investigating and updating our records on this fraudulent operation. If you have any additional evidence, such as email correspondence or transaction details, feel free to share them.

Stay cautious, and thank you for bringing this to the community’s attention.

— Adam, ScamCrypto.net

[Author]

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