Beware of the fraudulent website kywall.com. One person reported being scammed after investing in a crypto trading group that promised high profits. Despite making an initial profit withdrawal, further attempts were blocked, with the excuse of “withdrawal channel under maintenance.”

Another individual reported being scammed after depositing money into their account. Their funds were frozen for 10 days without any signals or withdrawals allowed.

Beware of the fraudulent website wap.kywall.co. Two complaints were received:

1. A person reported being scammed after being lured into a crypto trading group on WhatsApp. Promises of profit and an AI tool to assist in trading were made. Despite depositing Bitcoin into the platform, all funds were lost due to “exceeding margins” after a trade.
2. Another person reported significant financial losses after investing and day trading with signals provided by the platform. Despite depositing substantial amounts, they experienced three major losses.

Finally, beware of the fraudulent website kywall.co. A person reported being scammed after trading on the platform and realizing their funds were inaccessible despite showing in their account. They experienced multiple financial losses totaling a significant amount.

Website Analysis

The website kywall.co and its related domains present themselves as professional digital currency trading platforms. They offer various services, including cryptocurrency trading, innovative features like face recognition for security, and 24/7 customer support. The platform claims extensive fraud prevention measures and showcases significant trade volumes and exchange rates to build credibility.

However, multiple red flags indicate potential fraudulent activity:

1. Lack of Verifiable Company Information: The absence of detailed company background, physical addresses, or regulatory certifications is highly concerning. Legitimate trading platforms usually provide extensive company information to build trust.
2. Overly Promising Features: The platform claims numerous security and convenience features that seem too good to be true, such as instant coin buying, continuous fraud monitoring, and a massive service turnover. These claims are not substantiated with evidence or third-party verification.
3. High Risk of Scam: Multiple user complaints indicate significant financial losses after using the platform. Users have reported being unable to withdraw funds despite seeing them in their accounts, a common tactic used by fraudulent websites to trap victims.
4. Vague Contact Information: The contact details provided are minimal and do not include physical addresses or direct links to social media accounts. This further obscures the identity and legitimacy of the operators behind the site.

Hosting Information

• Hosting Provider: Cloudflare, Inc.
• IP Address: 172.67.73.70 (Cloudflare)
• City: Toronto
• Country: Canada

Kywall Reviews

Some Reddit posts discuss widespread scams involving the KYWALL crypto platform, with users reporting significant financial losses due to fraudulent activities. Users detail how KYWALL manipulated leverage settings and froze funds, preventing withdrawals. Scammers, often posing as investment group leaders, lure victims into investing large sums, promising high returns, only to wipe out accounts through manipulated trades.

Several recovery agents, such as #OKTATECHIE and DRAXALLCORP, are frequently mentioned. However, their legitimacy is heavily debated, with many users accusing them of being part of the scam ecosystem. Despite some claiming successful fund recoveries through these agents, others label them as additional scams, warning against trusting them.

One user, HoodWorx, has created a dedicated Reddit group, r/kywallbringdown, to gather victims, evidence, and testimonies to take legal action against KYWALL. This group also uses a WhatsApp chat to strategize and share information.

If you’ve been scammed by Kywall, please share your story and help others avoid falling victim.