This report is based on an analysis of public user reviews of the Toobit platform. The review revealed a large-scale scheme of unfair practices, manifested in the unjustified blocking of accounts, confiscation of earned profits, and withholding of user deposits under the pretext of triggering the "risk control" system.

The main scam scheme consists of blocking fund withdrawals after a user makes a profit from trading. The exchange accuses clients of "wash trading", "arbitrage" or making "abnormal profits", but does not provide any specific evidence. For example, according to user Alex, the platform confiscated his entire profit of $5,204, limiting itself only to general wording about rule violations. According to user T.H., about 9,000 USDT were blocked as "abnormal profit," despite the trades being executed manually through the standard interface. According to user anton, 752.67 USDT were deducted from his account without providing any transaction data.

Special attention is drawn to the scale of the withheld funds. According to user Cobra Dex, the exchange illegally froze more than $100,000 in his account, completely ceasing communication.

According to user Daniele Capasso, the damage amounted to more than $50,000. In some cases, the platform even withholds the initial deposits.

Thus, according to user S ScottyT, the exchange refuses to withdraw his $1,500 and demands that he top up the account by another 50% of the balance to unlock the withdrawal.

Toobit's customer support systematically ignores user inquiries. According to user Jan Moravec, support uses stalling tactics, endlessly requesting the same documents and failing to provide legal justification for its decisions. Users also complain about hidden fees, technical delays, and manipulation of position liquidations. According to user Frank B, the platform intentionally delays order execution, which leads to losses during scalping.

The total reported financial damage based solely on documented reviews amounts to more than $168,000, including large blockages ranging from $50,000 to $100,000. The platform demonstrates clear signs of targeted misappropriation of user funds, disguising it as automated security algorithms. Using this exchange poses a direct threat to the safety of deposits and earned profits.