ScamCrypto Forum Forums Scam Reports and Alerts Scam Alert for Users and Victims

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      A concerning report has emerged regarding a cryptocurrency scam involving a trading platform known as Trusted Autocap Trade. Victims are lured with the promise of significant earnings from an initial modest investment. However, when attempting to withdraw these supposed earnings, they cannot access their funds without paying exorbitant additional fees.

      Key Details of the Scam:

      • Fraudulent Website:
      • Initial Investment Loss: $600
      • Additional Fees Demanded: Up to $3,900 for various withdrawal attempts
      • Contacted Entity for Withdrawal: Mike from, who demanded further payments for fund transfer
      • Scam Type: Cryptocurrency

      Victims are initially enticed to invest a small amount (e.g., $250), with claims of rapidly accumulating over $65,000 in Bitcoin. Yet, the withdrawal process is deliberately complicated, requiring victims to pay increasingly large sums to release their funds. These demands include $2,000 and $500 for bank transfers and $3,900 for transfers to Cash App, none of which result in the successful withdrawal of funds.

      If you have experienced a similar situation with Trusted Autocap Trade,, or any related entities, sharing your story could be invaluable. Your information might assist in open-source intelligence (OSINT) investigations to identify patterns, tactics, and possibly the individuals behind this scam.

      This alert aims to caution others about engaging with such fraudulent platforms and to gather further evidence from those affected by similar scams. Your shared experiences are crucial for raising awareness and potentially aiding in the prevention of further victimization.

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