Wmdv.com: What to Know Before You Deposit

Don’t deposit money on Wmdv.com – it’s a scam. Once you deposit, you won’t get your money back. There are complaints all over social media and Reddit about how Wmdv.com tricks people into depositing money before they can withdraw, only for them to realize they’ve been scammed.

About Wmdv.com

Wmdv.com says it’s a trustworthy crypto exchange, but it tricks users into depositing bitcoin, making it very hard to withdraw later. Here’s how we found out it scams users:

How The Scam Works

Fake Profits at First

At the beginning, the trades might look like they’re going well. You made quick profits, with 9% gains on each trade, However, this is just a trick to get people to invest more money.

Funds Locked After Reaching $1,000

When your balance goes over $1,000, your funds will be suddenly locked. Scammers use this trick to make it seem like you’re doing well, but then block your money and demand more funds to unlock it. In some cases they ask for $300.

Unreasonable Withdrawal Conditions

After paying the extra money for withdrawals, they inform users that they need at lest $10,000 to withdraw anything. This is a common scam tactic to keep people stuck and convince them to keep putting in more money, with no real chance of getting it back.

Testimonials From Users

There are tons of complaints on Reddit and Trustpilot about this platform. Many users say they’ve lost a lot of money after investing and couldn’t get their money back.

I got scammed to pay 4000 I was so stupid and I don’t even know how to get my money back.

it is a 1000% scam, 3 withdraws then your account gets blocked , I’ve contacted their support and they started to ask me to deposit more USDT to verfiy my account.

No not trust this scamming site 
Another website the dude in telegram trying to scam

What to Do If You Have Been Scammed 

1. Call Your Credit Card Company
   Let them know the app is a scam, that it comes from Cyprus, and it uses a fake Texas address. They can help block future charges and may reverse any payments.
2. File a Complaint
   Report the scam to the U.S. Better Business Bureau (BBB), Federal Trade Commission (FTC), and Consumer Financial Protection Bureau to help warn others and possibly take action against the scammers

Also read: AI Revolution App: A Dangerous Scam