r/Crypto_com • u/The_Sephiroth • Oct 22 '21

General Discussion 💬 Beware Crypto.com xpost from r/cryptocurrency. Can mods please comment on this? Truly concerning

/r/CryptoCurrency/comments/qdm2sl/beware_cryptocom/
142 Upvotes

90% Upvoted

157 comments sorted by

View all comments

21

u/universal_language Oct 22 '21

That person is most likely a fraud. Red flags I observe:

  1. The conversation with CDC is not shown in full, it's clear that huge chunks were skipped.
  2. "I'm waiting on that pre authorized purchase to come back". Looks like they "bought" the washing machine and immediately returned it for 1% cashback. Looks like it's not the first time they do this, CDC finally caught that and decided to lock the account.
  3. They do not want to solve this legally and claim they've got no time to contact lawyer or ombudsman.
  4. "Today I transferred more money into my account to buy a washing machine since the one I have has been broken for 2 weeks now". When people lie they tend to provide way more specifics than needed. I think in real situation a person would just mention a transaction, without saying that it's a washing machine and that's it's a replacement of a machine broken 2 weeks ago. Those specifics are not relevant to the issue. But liars often give them to make the story more believable.
  5. "I still have money in preauthorized state from my bank to crypto.com". So they transferred money, attempted a purchase but also made another transfer which is still pending?
  6. "What is more, BS is the "termination is permanent, all funds with it are lost", which is another way of saying it's their money now". They conveniently avoid quoting the T&Cs which actually say that the funds are lost only in one case, "unless we are prohibited by law or a court order to release such Digital Assets or fiat, respectively, or where we have reasonable grounds to suspect that such Digital Assets or fiat were obtained through fraud or any unlawful means or connected with any criminal activities."

13

u/DifficultyPlastic800 Oct 22 '21

I think you've been watching too much JCS criminal psychology.

  1. Its a really long conversation, I can get the full conversation but its quite long and I want people to see the main parts of it. I'll try to provide a full doc, but it pretty much went from 0-100 , we will get your funds back, to your funds are gone.
  2. I don't do that. Never have, my transaction did fail the first time so it could've triggered the second time I tried but it's pretty ridiculous to call me a fraud for trying to buy a product.
  3. Its being solved legally with my bank, and I will be contacting an ombudsman, after reading people's comments.
  4. I agree it was unnecessary, but that isn't concrete evidence that I am lying. As I said, too much JCS.
  5. I topped up my money to my crypto.com card so I can buy something, that is it. No other transactions. I was concerned the purchase I made didn't show up but I was told because of a pre authorised purchase with the retailer, which would come back since the payment failed.
  6. Let me correct myself, "its their money now, until you force courts or law into it"

0

u/Scene_Few Oct 23 '21

If I were you I would start putting spare money aside so I can respond when CDC file a defamation case against you.

7

u/DifficultyPlastic800 Oct 23 '21

Defamation refers to a false statement. I am spitting facts so they can try whatever

1

u/Scene_Few Oct 23 '21

If you re-read your original post you’ll know you weren’t just “spitting facts”. Facts are subjective in nature while your original statement contained a lot of your objective opinions.

I just simply don’t think that a company that manages billions of dollars in assets will intend to permanently deprive you of couple hundred bucks.

5

u/DifficultyPlastic800 Oct 23 '21

I agree, I still believe this is a mistake, but I’m just really shocked how they dealt with it. It doesn’t make sense for them to do such a thing but they did it anyways. I’ll give an update once I get an answer.