TalkScams Team · Source-backed educational guide · Not a community report
Fake tax bill blocks a crypto withdrawal
A supposed trading service may say profits are ready but demand a new tax or release payment directly to the platform before processing withdrawals. The SEC warns that such charges can be part of the original investment scam.
Source: U.S. Securities and Exchange Commission · Original advisory date: 2024-05-29
This summary is not a firsthand report or an endorsement or partnership by the source.
Warning signs to recognize
- An account manager requires a separate crypto transfer to unlock a withdrawal.
- The promised return is not supported by an independently verifiable record
How to check or protect yourself
- Do not pay new release fees to the party already holding your funds.
- Keep transaction details and report suspicious investment solicitations
Read the original U.S. Securities and Exchange Commission advisory