Defidex.live has been revealed as an unregulated and fraudulent crypto trading and investment platform. The investigation into this operation uncovered multiple signs of scam activity, including the inability of users to withdraw their funds and unrealistic profit promises. Users reported substantial financial losses after being lured into depositing funds with the expectation of high returns.

User Reports: Significant Losses and Blocked Withdrawals

One user reported losing a considerable sum of money through Defidex.live, encountering repeated barriers when attempting to withdraw their funds. Transactions involved both ETH and BTC, with significant amounts transferred to addresses linked to the platform.

Notable Transaction Details:

• 10 Jul 2024: 1.57651674 ETH transferred (Wallet: 0x6569e7cc32e0f97f43a156ef10f2d6b7389afb5e)
•  09 Jul 2024: 0.034099957 ETH transferred (Wallet: 0x6569e7cc32e0f97f43a156ef10f2d6b7389afb5e)
• 25 Sep 2024: 0.33821439 BTC sent (Wallet: 3AritdB8kUuyTPLeVxx12qSiEhENnAXv2k)
• 03 Oct 2024: 0.69998186 BTC sent (Wallet: 364tz9MfmBUNnPQt5rGnXMXyELw41StG9s)
• 11 Oct 2024: 0.577319 BTC sent (Wallet: 364tz9MfmBUNnPQt5rGnXMXyELw41StG9s)

Red Flags and Scam Indicators

• Unrealistic Returns: Promises of high returns with minimal effort are a typical hallmark of scam platforms. Defidex.live entices investors by offering appealing profit margins that are not achievable in legitimate trading.
• Blocked Withdrawals: Users have reported that once funds are deposited, attempts to withdraw money are denied or delayed with fabricated reasons.
• Unregulated Operation: The investigation confirmed that Defidex.live operates without proper regulatory oversight, putting users at significant risk.
• Crypto Payments: The platform primarily accepts cryptocurrency, a common feature in scams due to the irreversible nature of crypto transactions.

Domain Information

1. Domain: defidex.live
2. Registrar: Dominet (HK) Limited
3. Registered On: 2024-01-27
4. Expires On: 2025-01-27
5. Updated On: 2024-08-11
6. Organization State: New York

Defidex.live Conclusion

Defidex.live is an unregulated and fraudulent crypto trading platform that has caused substantial financial losses to its users. With blocked withdrawals, unrealistic profit promises, and no regulatory compliance, it is clear that Defidex.live operates as a scam.

Potential investors should avoid engaging with Defidex.live or any similar platforms. If you have fallen victim to this scam, report the incident to authorities and warn others to prevent further financial loss.