Apr 24, 2024, at 07:20 am
Godex Crypto Scam, Don’t Be Tempted by Good Rates!
Initiated a Swap of 41,641.104 Old LOOM tokens for ETH though Trezor Exchange and accepted the offer by Godex.io for about 1.3 ETH. The Godex address I was provided to send is 0x1a31df52BB0BC938b47652A91d3045e5681eb6aD
After about 12 hours from sending, my exchange order showed Failed status even though my sent tokens were... Read moreGodex Crypto Scam, Don’t Be Tempted by Good Rates!
Initiated a Swap of 41,641.104 Old LOOM tokens for ETH though Trezor Exchange and accepted the offer by Godex.io for about 1.3 ETH. The Godex address I was provided to send is 0x1a31df52BB0BC938b47652A91d3045e5681eb6aD
After about 12 hours from sending, my exchange order showed Failed status even though my sent tokens were already confirmed. I contacted support and was told old LOOM tokens are deemed "invalid" tokens, even though they are swappable 1:1 for new LOOM tokens.
On-chain, I can even see that my old LOOM tokens have been sent onwards to 0x28C6c06298d514Db089934071355E5743bf21d60, a Binance account.
Therefore, not only were my tokens not swapped for ETH, but they are not sending back my old LOOM tokens that they deem "invalid", which have a market value of about USD$4,000+ when swapped for new LOOM. (Maybe slightly lesser now due to crypto market falling since)
People, be careful and not be tempted by their good swap offer rates. I picked Godex.io to swap because they were showing the best rates, but I know why they can do so now, that is because when your swap value is high enough they will receive your tokens and send you nothing back.
*reply to Godex's reply: Yes the token swap started three years ago and can STILL be swapped today at https://wallet. loomx.io . In fact, I just swapped for new LOOM tokens today. If you won’t swap, you shouldn’t provide quotes, seems like simple business logic, even worse is not refunding after deciding not to swap. Seems criminal
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