Users are warning about the investment platform CustodianX, which promises huge profits but in reality simply takes clients' money. User StrangerthanFunction wrote that he lost $2,600. According to him, the sleek account dashboard and the AI-powered trading platform are entirely fake window dressing. The scammer's main goal is to get you to transfer money to them, after which access to it is blocked.

The scammers deliberately accept deposits in cryptocurrency so that victims cannot track the payments or dispute them through a bank. According to user StrangerthanFunction, even after he refused to make a large deposit, they kept pressuring him and used every trick in the book to get him to transfer cash or crypto assets to their wallets.

In the comments, users express bewilderment at how anyone could fall for such a scheme. According to user aurelorba, the promise of "huge profits" itself should have been the first red flag. User FailOk1528 pointed out that a request to transfer cryptocurrency to random wallets is already a sure sign that the money will disappear forever. Meanwhile, users someroastedbeef and WorldofLoomingGaia emphasized that before entrusting your savings to random companies, you should do at least minimal research, since the internet is full of warnings about such scams.