"USDC does not withdraw and demands more money"- User Complained

A user of a USDC broker scammed by It. He reported on Wikifx on August 8, 2023. The victim wrote in his complaint that “he deposited 1682 dollars with the broker”. He told that when he tried to withdraw money from his account. The broker asked him to deposit $5,000, and only by following this process he can withdraw his money.

The victim stated that “ I didn't deposit the amount they requested. After all, they told me I could deposit $3,400, but I still refused to deposit because I knew it was an act of fraud.”

User then contacted the customer support of the Broker, but the victim shared his experience and said “Most of the time, the executive was not responding to my messages, which provoked me”. The complainant received an email later through the broker. USDC asked to complete the VIP upgrade within 48 hours and warned that if the VIP upgrade is not completed within 48 hours, the transaction and withdrawal of the users account will be frozen. User wrote in his complaint that “I refuse to deposit. Now they hold all my money”.

About USDC Investment

USDC Investment is a relatively new brokerage firm based in the United States. With its proprietary trading platform, traders have access to a wide range of tradable assets, including forex currency pairs, indices, commodities, stocks, and cryptocurrencies. Although the company operates without specific regulation, it aims to provide limited customer support through phone, email, and live chat. However, information about account types, deposit and withdrawal methods, as well as educational resources, is currently not specified.

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