Coxno – Homepage (Fraudulent Platform)
Website
web.coxno.com
Scam Type
Description
A California resident reports being introduced to the crypto asset trading platform, COXNO operating at web.coxno.com, through an investment group called the “Dreamers Investment Guild”. After opening an account on COXNO, the resident received regular trading advice from the investment group and believed their balance was growing rapidly, at one point, exceeding $ 1 million. But when the resident tried to withdraw some funds, the website demanded they pay a $417,000 commission before releasing funds. The resident has not been able to recover any of their funds, and the website is no longer operational. All told, the victim lost $50,000 on the platform.
Screenshot
This is the screenshot of the homepage from the fraudulent platform Coxno, provided by a California consumer.
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