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Website

http://h5.miycoin.com/

Scam Type

Fraudulent Trading Platform

Investment Group Scam

Description

A California resident reports on their experience with fraudulent platform, http://h5.miycoin.com/. The victim reports that they received a WhatsApp message to join a group where the group members would send trading signals. Following the group’s instructions, the victim used h5.myicoin.com for cryptocurrency trading. After engaging in multiple trades, a person named “Professor Ivelyn” on the WhatsApp group demanded the victim to pay a 30% “tax” to the platform. The victim paid the “tax” but could not withdraw their funds without paying additional “taxes.” The website is no longer operational.

Screenshot

This is the screenshot of the homepage from the fraudulent platform Miycoin, provided by a California consumer.

A cryptocurrency trading app screen displaying BTC/USDT swap details. Features include account equity, available funds, risk rate, trade options, and market orders. Prices are listed with quantities, and options to 'Open long' or 'Open short' are available. Current positions show entry price, mark price, and unrealized PNL.

Last updated: Dec 5, 2025 @ 1:27 pm