Xcryptie Scam. Is there anything we can do?

[Daisy SP]

My brother lost over 90,000 Eur to the scammers of Xcryptie dot com.

It started well, with a few "successful" minor trades where my brother was able to withdraw a few thousand Eur, and continued to buy more BTC.

On a few occasions later he tried to withdraw money; all of these requests were met by the broker telling him that he sees a great trade opportunity to double/triple his funds. True to word, my brother's bitcoin account grew each time. Then there were times that additional funds were needed for new transactions, which my brother regularly provided.

At some point he had close quarter of a million Eur worth of bitcoins, at which time he was informed that he needs to withdraw his funds by a certain date. If not withdrawn, the funds will be seized by the company - reference was made to some regulations, but no documents were ever produced. At this point my brother had "invested" some 30K Eur into this scam, which he still was hoping to get back.

The catch, of course, was that according to some "EU Regulation" an account holder needed to put down a deposit of 14% of the value of the withdrawal. Again, no backing or documentation. (idiotic, I know)/

My brother yielded to all the pressure and intimidation - the pressure was intense, included insults and threats ( I heard recordings of phone conversations) and made the first payment of 32k Eur and was expecting the money to appear on his bank account. Then, "surprisingly", there was a change to the regulation that required another 9k, then more, and then more again.

By the time I learned about my brother's bitcoin psychosis - I can't call it anything else, seeing how incredibly and obviously fraudulent it is - he'd already sunk in another 60k.

Now, we can all agree that Xcryptie took advantage of my brother's naivete and his desperation. Our dad's been in chemo for months and it does take a significant toll on our finances. My bro rally wanted to come out a hero and a savior of our family, and now he's near suicidal for his actions.

I hope we can spare the "it's all his fault" narrative. What I want to do is a) flag Xcryptie as a fraud that they are, together with the names of people we dealt with (I'll add them below).

More importantly, since my family are very far from the cryptocurrency world - is there anything at all that we can do in this case? Of course the hope of getting our money back is non-existent, but are there aby organizations that we can report this activity to? Any course of action at all to bring these assholes to any kind of consequences.

People dealt with: Brian Blanchett (alleged CEO of Financial Department of Xcryptie), Stewe Collins (alleged Forensic Audit and Accountancy Manager
under FCA Financial Conduct Authority) and brokers Maksim Filatov, Dmitri Ivanov, Sarah Wilson.

[AnaName]

Unfortunately, it often happens.
Thanks for sharing. Your story can help others to be more careful

[forum_man]

Its bad that it happens that way.
I will prefer to INvest in WEENZEE than other programs which turn out to be scam . You invest and you get more money. no scam issues.