Beware of GKFXC's Romance Trap!!

In a shocking case that has sent ripples through the cryptocurrency trading community, a Filipina investor, whose identity is being protected for her safety, has come forward with her harrowing experience of falling prey to a cryptocurrency scam. The victim met an individual named Yiu Man-Long on a dating app, hailing from Malaysia, and their relationship took a perilous turn when he introduced her to the world of cryptocurrency trading.

The ordeal began innocuously, with Yiu Man-Long encouraging the woman to create an account on GKFXC.COM, a platform supposedly dedicated to cryptocurrency trading. However, the investigation by WikiFX Customer Support revealed that the platform was masquerading under false pretenses, having illicitly incorporated the logo of China International Capital Corporation (CICC) to perpetrate its fraudulent activities.

Initially, the woman entrusted Yiu Man-Long with her trading account due to health concerns that restricted her from staying up late. The early stages of trading seemed promising, yielding a profit of $300. Yiu Man-Long, playing the role of a helpful mentor, maintained a facade of transparency by regularly updating the woman on her trading progress.

Trouble began when the profits started to escalate. The platform, GKFXC, began imposing unwarranted obstacles, requesting additional funds for withdrawals. It falsely claimed that the woman's USDT holdings were subject to taxation. As a result, she obediently complied, believing it was a legitimate request. However, this marked the onset of a relentless series of demands from the platform.

First, they cited a “multinational IP address violation” and demanded a 40% penalty on her assets.

Desperate to retrieve her funds, the woman deposited $1,792, only to be met with further refusals and allegations of unauthorized IP address activity.

Exasperated, the woman even revealed that her Malaysian boyfriend had contributed 1,000 USDT to assist in resolving the matter. However, the platform dismissed her explanation and insisted she inject an additional 1,000 USDT to rectify the situation. After complying once again, the platform's customer service abruptly cut communication with her, denying her withdrawal requests.

To make matters worse, GKFXC has now resorted to demanding a $999 membership fee, claiming that her USDT balance exceeded that of a regular trader.

With 8,165 USDT effectively held hostage in her account, the woman has reached her breaking point.

Despite her valiant efforts, the victim found herself ensnared in an intricate web of deception. In response, she has taken legal action by filing a report with local law enforcement, reaching out to the Enforcement and Investor Protection Department, and seeking assistance from WikiFX.

This case serves as a stark reminder of the dangers lurking in the cryptocurrency trading world and the importance of conducting thorough due diligence when engaging in such ventures. It also highlights the necessity for regulatory authorities to intensify efforts to protect unsuspecting investors from falling prey to scams in the cryptocurrency space. Investors are urged to exercise extreme caution and verify the legitimacy of platforms before entrusting their hard-earned assets to them.