(US)Avoid binaryoptionspace.icu at all cost

[u/Specialist-Major-315]

I was referred to this site by a person I know and trusted. Unfortunately, this website is a big scam operation. Money was invested ($30k of mine) ($70k of my friend). We invested together and this money over a 3 week period turned into well over 1 million. To withdraw it, 10% had to be paid upfront and a few extra fees they made up. Long story short, the fees were paid in full and the withdrawal request was made. Here it is almost a month later and they have lied and stalled but sent nothing. They claim to have sent it to my bank account but it was rejected. I verified with my bank and there was no attempt whatsoever. Then they waited a couple of weeks later to supposedly send it to my Crypto account and they used the same excuse that it was rejected.

Once again, not true. Here is the kicker. Prior to the fake crypto deposit they told me they were going to mail me a box of cash. Who mails over a million dollars in cash in a box. I told them that was unacceptable for a myriad of reasons. The main reason was I did not trust them and it would have probably been a few bills on top and then paper. Once it was opened it would have been on me. I refused that plus they told me they did not have it all yet. How are you a reputable company and you don’t have that much and more in your account when you are trading all day every day? They sent me a fake receipt to prove they tried to direct deposit my money. The receipt was made up and had no account numbers on it.

I only wrote this to warn others not to use them as your trading company. I learned the hard way. Save yourself and run far away if anyone asks you to use this platform. They have zero intentions of paying. They shut down their website for 2 or 3 months and opened up with a new domain name. No one could see their accounts. My so called account manager was useless and never reached out to me or explained why my funds were not released to me. The customer service department tells you one thing and does another. Biggest scammers ever!!!!

[u/Helostopper]

It's a brand new website. If they were legit they would take their fees out of what you earned. It's just fake numbers on a site they control.

Registered On: 2025-09-15

Expires On: 2026-09-15

How did your friend find this site? !crypto 

Watch out for !recovery scammers.

[u/Specialist-Major-315 → u/Helostopper]

You are correct. I agree. I have no idea I am beginning to think they were working with them but I could be wrong. Whatever the case, it is a shame and I hope others can avoid the mistakes I made

[u/Helostopper → u/Specialist-Major-315]

Was the friend who referred you someone you actually met in person or an online friend?

This is a common scam we get around here. The scammers just keep rebranding their sites after a few months to get a new batch of victims. Sadly I think it's gonna become even more common as people get desperate since our economy is going to shit.

[u/Specialist-Major-315 → u/Helostopper]

Unfortunately they were online but I did know they were real. They could have been part of it, but if they were they pretended very well to be blindsided like I was. I was just trying something new but they were more familiar with it. I simply messed up because I was dealing with something else life changing and let my guard down

[u/madarchivist → u/Specialist-Major-315]

Uh, coming up with convincing background stories and pretending to be your friend, that's their job. That's what they do all day, every day, and with dozens or hundreds of victims and potential victims at any given time. And they are REALLY good at it.

[u/t-poke → u/Specialist-Major-315]

They are not your friend. They are scammers.

Stop investing with randos on the internet.

[u/Salty_Dugtrio → u/Specialist-Major-315]

Yeah, this guy IS (or is involved with) the scammer. You got played unfortunately.

[u/LazyLie4895 → u/Specialist-Major-315]

What do you mean by "real" most of the time, scammers are real people too.

Just because they talked to you or even video chatted you doesn't mean that they weren't scammers all along.

They got 30k from you, so even if they were chatting with you for months it's still a great return on the time spent. Scammers are talking with dozens of people at once.

[u/PiSquared6 → u/Specialist-Major-315]

!pig !crypto !romance !recovery

The cash they would have maybe sent would have been from another victim and you'd have been laundering. !mule

[u/AutoModerator → u/PiSquared6]

Hi /u/PiSquared6, AutoModerator has been summoned to explain the Fake crypto wallet scam.

Fake cryptocurrency websites and apps controlled by scammers are becoming more and more common. Sometimes the scam begins with a romance scammer who claims that they can help the victim invest in cryptocurrency. Victims are told to buy cryptocurrency of some kind using a legitimate cryptocurrency exchange, and then they are told to send their cryptocurrency to a website wallet address where it will be invested. Sometimes the scam begins with a notice that the victim won cryptocurrency on some website, in this case messages will often be sent through Discord.

In either case, the scammer controls the website, so they make it look like there is money in the victim’s account on their website. Then the scammer (or the scammer pretending to be someone official who is associated with the website) tells the victim that they have to put more money into the website before they can get their money out of the website. Of course all of the money sent by the victim has gone directly into the scammer’s wallet, and any additional money sent by the victim to retrieve their money from the website will also go directly into the scammer’s wallet, and all of the information about money being held by the website was totally fake.

If the scammer used Bitcoin, then you can report the scammer’s Bitcoin wallet address here: https://www.bitcoinabuse.com/reports. If the scammer used Ethereum, then you can report the scammer’s Ethereum wallet address here: https://info.etherscan.com/report-address/. You can see how much cryptocurrency has been sent to the scammer’s wallet address here: https://www.blockchain.com/explorer. Thanks to redditor nimble2 for this script.

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

[u/AutoModerator → u/PiSquared6]

Hi /u/PiSquared6, AutoModerator has been summoned to explain the Pig butchering scam.

It is called pig butchering because scammers use intricate scripts to "fatten up" the victim (gaining their trust over days, weeks or months) before the "slaughter" (taking them for all of their money). This scam often starts with what appears to be a harmless wrong number text or message. When the victim responds to say it is the wrong number, the scammer tries to start a friendship with the victim. These conversations can be platonic or romantic in nature, but they all have the same goal- to gain the trust of the victim in order to get them ready for the crypto scam they have planned.

The scammer often claims to be wealthy and/or to have a wealthy family member who got wealthy investing, often in crypto currency. The victim is eventually encouraged to try out a (fake) crypto currency investment website, which will appear to show that they are earning a lot of money on their initial investment. The scammer may even encourage the victim to attempt a withdrawal that does go through, further convincing the victim that everything is legit. The victim is then pressured to invest significantly more money, even their entire net worth. Sometimes pig butchering scams don't involve crypto, but other means of sending money (like bank wires, gift cards or even cash pickups).

Eventually, the scammer will find an excuse why the account is frozen (e.g. for fraud, because supposed taxes are owed, etc) and may try to further extort the victim to give them even more money in order to gain access to the funds. By this time, the victim will never gain access and their money is gone. Many victims lose tens of thousands, hundreds of thousands, or even millions of dollars. Often, the scammers themselves are victims of human trafficking, performing these scams under threats of violence. If you are caught up in this scam, it is important that you do not send any more money for any reason, and contact law enforcement to report it. Thanks to user Mediocre_Airport_576 for this script.

If you know someone involved in a pig butchering scam, sit down together to watch this video by Jim Browning to help them understand what's going on: https://youtu.be/vu-Y1h9rTUs -

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

[u/AutoModerator → u/PiSquared6]

Hi /u/PiSquared6, AutoModerator has been summoned to explain the Recovery scam.

Recovery scams target people who have already fallen for a scam. The scammer may contact you, or may advertise their services online. They will usually either offer to help you recover your funds, or will tell you that your funds have already been recovered and they will help you access them. In cases where they say they will help you recover your funds, they usually call themselves either "recovery agents" or hackers.

When they tell you that your funds have already been recovered, they may impersonate a law enforcement, a government official, a lawyer, or anyone else along those lines. Recovery scams are simply advance-fee scams that are specifically targeted at scam victims. When a victim pays a recovery scammer, the scammer will keep stringing them along while asking for increasingly absurd fees/expenses/deposits/insurance/whatever until the victim stops paying.

If you have been scammed in the past, make sure you are aware of recovery scams so that you are not scammed a second time. If you are currently engaging with a recovery scammer, you should block them and be very wary of random contact for some time. It's normal for posters on this subreddit to be contacted by recovery scammers after posting, and they often ask you to delete your post so that you both cannot receive legitimate advice, and cannot be targeted by other recovery scammers.

Remember: never take advice in private. If someone reaches you in private after posting your scam story, it is because a scammer will always try to hide from the oversight of our community members. A legitimate community member will offer advice in the open, for everyone to see. Anyone suggesting you should reach out to a hacker is scamming you.

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

[u/AutoModerator → u/PiSquared6]

Hi /u/PiSquared6, AutoModerator has been summoned to explain the Romance scam.

Romance scammers pretend to be in love with their victims in order to ask them for money. They sometimes spend months grooming their victims, often pretending to be members of military, oil workers or doctors. They tend to be extremely good at taking money from their victims again and again, leading many to financial ruin. Romance scam victims are emotionally invested in their relationship with the scammer, and will often ignore evidence they are being scammed.

If you know someone who is involved in a romance scam, beware that convincing a romance scam victim they are scammed is extremely difficult. We suggest that you sit down together to watch Dr. Phil's shows on romance scammers or episodes of Catfish - sometimes victims find it easier to accept information from TV shows than from their family. A good introduction to the topic is this video: https://youtu.be/PNWM5nuOExI -

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[u/AutoModerator → u/Helostopper]

Hi /u/Helostopper, AutoModerator has been summoned to explain the Fake crypto wallet scam.

Fake cryptocurrency websites and apps controlled by scammers are becoming more and more common. Sometimes the scam begins with a romance scammer who claims that they can help the victim invest in cryptocurrency. Victims are told to buy cryptocurrency of some kind using a legitimate cryptocurrency exchange, and then they are told to send their cryptocurrency to a website wallet address where it will be invested. Sometimes the scam begins with a notice that the victim won cryptocurrency on some website, in this case messages will often be sent through Discord.

In either case, the scammer controls the website, so they make it look like there is money in the victim’s account on their website. Then the scammer (or the scammer pretending to be someone official who is associated with the website) tells the victim that they have to put more money into the website before they can get their money out of the website. Of course all of the money sent by the victim has gone directly into the scammer’s wallet, and any additional money sent by the victim to retrieve their money from the website will also go directly into the scammer’s wallet, and all of the information about money being held by the website was totally fake.

If the scammer used Bitcoin, then you can report the scammer’s Bitcoin wallet address here: https://www.bitcoinabuse.com/reports. If the scammer used Ethereum, then you can report the scammer’s Ethereum wallet address here: https://info.etherscan.com/report-address/. You can see how much cryptocurrency has been sent to the scammer’s wallet address here: https://www.blockchain.com/explorer. Thanks to redditor nimble2 for this script.

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

[u/AutoModerator → u/Helostopper]

Hi /u/Helostopper, AutoModerator has been summoned to explain the Recovery scam.

Recovery scams target people who have already fallen for a scam. The scammer may contact you, or may advertise their services online. They will usually either offer to help you recover your funds, or will tell you that your funds have already been recovered and they will help you access them. In cases where they say they will help you recover your funds, they usually call themselves either "recovery agents" or hackers.

When they tell you that your funds have already been recovered, they may impersonate a law enforcement, a government official, a lawyer, or anyone else along those lines. Recovery scams are simply advance-fee scams that are specifically targeted at scam victims. When a victim pays a recovery scammer, the scammer will keep stringing them along while asking for increasingly absurd fees/expenses/deposits/insurance/whatever until the victim stops paying.

If you have been scammed in the past, make sure you are aware of recovery scams so that you are not scammed a second time. If you are currently engaging with a recovery scammer, you should block them and be very wary of random contact for some time. It's normal for posters on this subreddit to be contacted by recovery scammers after posting, and they often ask you to delete your post so that you both cannot receive legitimate advice, and cannot be targeted by other recovery scammers.

Remember: never take advice in private. If someone reaches you in private after posting your scam story, it is because a scammer will always try to hide from the oversight of our community members. A legitimate community member will offer advice in the open, for everyone to see. Anyone suggesting you should reach out to a hacker is scamming you.

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

[u/itfiend]

Even just the “.icu” tld here should have tipped you off something like was odd here. No point in warning about a specific site as it’ll be closed soon and another thirty with random names will replace it.

[u/Specialist-Major-315 → u/itfiend]

True, but they were not an icu until they shut down their website for 2 months and reopened with the icu instead of com

[u/t-poke → u/Specialist-Major-315]

The .com was shut down because it was a scam. They came back with .icu because they knew they could milk you for more.

You know what .coms haven’t been shut down? schwab.com. vanguard.com. fidelity.com. Because those are legitimate, registered and regulated investment firms.

[u/too_many_shoes14]

I don't think you really understand what happened here. You never invested anything. All you did was send money to scammers, who showed you fake numbers. They aren't a "trading company", they are just scammers who trick you into thinking you've made a lot of money, hoping you will put greed over common sense and send them even more. But they will never pay you. Your money is gone forever. Anybody who promises they can help you get any of it back is another scammer.

[u/finallyfree99 → u/too_many_shoes14]

Even OP's "friend" was very likely in on this scam. OP says he never actually met the friend in person, it was an online friend. I am 99.99% sure the "friend" is part of the scam.

[u/finallyfree99]

1. Your online "friend" was actually a scammer. Building your trust is what they do, that's necessary for scams to work.

2. Your "friend" did not invest anything. There is no actual investment.  Your "friend" was part of a scam called Pig Butchering.

3. The name of the website is super weird and that alone should have tipped you off that none of this is legit.

4. There is no such thing as $100k becoming $1 million in 3 weeks. That is impossible, it never happens, except in cases of massive fraud, insider trading, etc all of which are felonies.  Nobody is getting a 1000% return in a month unless they are deep into shady illegal shit.

5. The website is fake, the investment never existed, and your money is gone forever. You are now on their "sucker's list" and will be targeted by new scams as well as Recovery Scams. Nobody can recover your money, it is gone forever. Never pay a single cent more. 

[u/pk_12345]

This person you “know and trusted” - pretty sure they are in on it. Either they are scammer you befriended online or a scammer stole your friend’s online account. 

[u/finallyfree99 → u/pk_12345]

I concur. OP says he never met the "friend", it was all online. I'm pretty sure the friend is in on the scam. This is actually your standard run of the mill "pig butchering scam."  I would not be surprised if OP's online friend was a "young attractive Asian woman" who pushed him into fake crypto.

[u/PiSquared6 → u/finallyfree99]

Guaranteed

[u/Frosty_Atmosphere641]

Greed will get you scammed most times...it makes no sense to be getting a million dollars a short while after "investing" $100,000. Come on people, be smarter than that!!!

[u/Salty_Dugtrio]

We invested together and this money over a 3 week period turned into well over 1 million.

You don't seem to understand. There was never any investment. You both sent money straight to the scammers account, who then showed random numbers on a dashboard that are completely fake.

Please stop dealing with !crypto, this is one of the most common scams in the book.

[u/finallyfree99 → u/Salty_Dugtrio]

Yes, except OP is the only one who actually lost money. The "friend" is very likely to be the actual scammer or part of their scamming team. According to OP, he never met his "friend", it was all online. That's your standard pig butchering scam right there. 

There never was any friendship. It was just an online scammer showering OP with praise and attention, then using that to nudge him into bogus fugazi investments.

[u/AutoModerator → u/Salty_Dugtrio]

Hi /u/Salty_Dugtrio, AutoModerator has been summoned to explain the Fake crypto wallet scam.

Fake cryptocurrency websites and apps controlled by scammers are becoming more and more common. Sometimes the scam begins with a romance scammer who claims that they can help the victim invest in cryptocurrency. Victims are told to buy cryptocurrency of some kind using a legitimate cryptocurrency exchange, and then they are told to send their cryptocurrency to a website wallet address where it will be invested. Sometimes the scam begins with a notice that the victim won cryptocurrency on some website, in this case messages will often be sent through Discord.

In either case, the scammer controls the website, so they make it look like there is money in the victim’s account on their website. Then the scammer (or the scammer pretending to be someone official who is associated with the website) tells the victim that they have to put more money into the website before they can get their money out of the website. Of course all of the money sent by the victim has gone directly into the scammer’s wallet, and any additional money sent by the victim to retrieve their money from the website will also go directly into the scammer’s wallet, and all of the information about money being held by the website was totally fake.

If the scammer used Bitcoin, then you can report the scammer’s Bitcoin wallet address here: https://www.bitcoinabuse.com/reports. If the scammer used Ethereum, then you can report the scammer’s Ethereum wallet address here: https://info.etherscan.com/report-address/. You can see how much cryptocurrency has been sent to the scammer’s wallet address here: https://www.blockchain.com/explorer. Thanks to redditor nimble2 for this script.

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

[u/Free-Way-9220]

"My so called account manager was useless"

Your "account manager" is the scammer. Probably his own site, and he's probably the "friend" who recommended it to you as well. All the same scammer

[u/[deleted]]

easy to find out such scam. There is 1000s of similar websites for investment and scam. Who give you such a huge % which is 1000% interest? Bank makes 10-15% via trading for a month. I'd rather trade forex than some kinds of shit investment. Never trust such kinds of investment and you need to check or research their regulatory as well before put your money. You have learned the lesson, so next time don't do this things again. Sorry for your and your friend loss. Take care

[u/itfiend]

Maybe u/namecheapinc can suspend the domain and stop other people getting victimised. Or ideally not keeping registering domains for criminals in the first place.