Today, cryptocurrency exchange Fedlio has opened, it is from the same people who operated BiteBTC, an exchange with mixed user reviews and scam complaints.
Fedlio notified it is operating as the “successor” to the BiteBTC exchange, and the notice informed that all accounts, balances, transactions, and other data have now been transferred to Fedlio.
The update related that Fedlio is assuming all obligations to return the funds that were frozen at BiteBTC. Additionally, the update read, “as part of new and updated exchange KYC procedures, all blocked user accounts will be moved to the status of temporarily suspended. This group of users will have the opportunity to provide data to restore their accounts.”
Fedlio puts on its website to be owned by the Seychelles Commercial Bank. The update ended by declaring, “the main priorities in the development of the new exchange are the improvement of the quality of trading instruments, unfreezing user accounts, the launch of OTC trading for large financial institutions, and the preservation of a simple and reliable way of withdrawing fiat funds.”
https://medium.com/@auxiliumglobal/warning-to-all-cryptocurrency-traders-48ef58d619cf
You do realize you are promoting a known scam website by sharing information about “Fedlio”/”BiteBTC?
Hi, thanks for commenting, you do realize people maybe now more aware of the situation, not promoting anything, the point is to be vigilant of this.
Hi is there any proper channel where bitebtc/fedilo is updating regarding withdrawal issues? please share with me as I am waiting to withdraw my funds.
Bastards use telegram @fedliocryptoexchange and still confuse users on Twitter. Like the Seychelles commercial Bank information who is really messing with us what is their motive
I sent complaints to Bureau of Consumer Financial Protection (BCFP, USA); Financial Conduct Authority (FCA, UK). But none took action as all my letters to them vanished. I received my payouts with the help of wealthwatchs,com
Hi Tamara,
What do you mean by “I received my payouts with the help of wealthwatch.com? Did you get your money/coins back? if so, how?
I am yet to receive any reply from fedlio support team and still unable to withdraw funds. Can anyone help out ?
I am facing the same problem on 31st Aug 2019 , I made an account 2 days ago. Is it because I have not done full KYC? please let me know if you have done KYC or not.
Fedlio might as well burn in hell. I care NOT.
This is a fucking scam. NOBODY can withdraw ANYTHING. I piss on their “security alert”.
hey bro, same issue here. I did not research fully and deposited quite an amount , now I cant withdraw BTC from there, nor the support people responded for last 48 hours.
Did your issue get solved bro? please let me know. I am @Domnic_LTC on twitter , we can at least save new users from losing money.
Seeing people’s reviews here, it’s like I’m in a different world of this binary option, forex trading…although I did encounter some difficulties with BiteBTC (FedLio) but I came out much better with the help of wealthwatchs,com – a leading financial intelligence, by processing my payouts/returns last month!
So what percentage did you get back?
Got sucker punched by Fedlio a few days ago. I completed the KYC form and am fully vetted. Deposited some BTC and bought an Altcoin. There it sits. No way to transfer to my wallet. No response from support. How the hell do we get closure on this crap???
Always stating Security alert detected – abnormal activity detected. Please contact support. This exchange never let anyone to withdraw.