A Z3er contacted me a few days ago sharing her sad story of having her crypto currency stolen from her account on the Uphold exchange.
Uphold’s site shows the following address:
Uphold Europe Limited
Reg No. 09281410, Registered Office: Suite A, 6 Honduras Street
London, England, EC1Y 0TH
To help warn others, she shared with me the following testimonies from twelve people whose had their coins in their Uphold accounts stolen by Uphold:
Anna:
My coins on Uphold have been stolen, 60k. They’ve locked my account with the remaining 30k in it and wont reply to any requests for an update or to unlock it.
robbybmd:
Me too. Just got notified someone cleaned out everything and then bought more cardano from my linked checking account. I was able to stop that transaction from the bank’s end (I think). Put in a ticket and all I’ve heard is crickets for 3 days now.
Xenmtn711:
Yes, the same thing happened to me a few days ago. They transferred my Cardano stellar silica in Casper to their Litecoin account and then tried to purchase 250 and Litecoin and I think my bank account was the only thing that stopped them. They also accessed my CoinMetro though and attempted to change my VXV to Ethereum but were unable to move it. They also were able to shut off my email notifications so that I could see that my account was being accessed yet my Yahoo! Mail said that they have no proof that a different IP address accessed my account so that makes me think that it’s an inside job. They also told me that it must’ve been my email hacked and to open a police investigation, which sounds crazy. Do they have a crypto hacking department or something?
WhoIsTheRealJohnDoe:
Seriously, I am in THE EXACT SAME BOAT! Someone hacked my Uphold, changed my email, turned off notifications, changed my password, and transferred all my crypto out of my account ($12,000). My Uphold customer service experience has been the exact same… pointless. Usually I transfer all my coins to my hard wallet, but Uphold makes you wait 65 days… someone beat me to it. This is not a joke… I cannot believe this is happening. I smell a class action lawsuit coming. Any lawyers interested?
Safe-Truth7937:
I too am a victim of Uphold with a 15k loss. We are now a group of 14 and are in the final stage of having an attorney firm represent us in a class/group action lawsuit. If you would like to join please forward your email. If you are leery, feel free to call Detective Chirco with the Clinton Township police in Michigan and leave your information with him. I will follow up with the Detective too.
Consistent-Fennel-99:
Please help. Uphold is trying to steal 70k from me. I need help ASAP
kewaters81:
All my crypto was transferred to Litecoin and then transferred to a wallet. Also took $500 from my bank, which I will stop payment on tomorrow. Followed the trail and saw that my 8k was part of over 350k transacted in the past few hours to one wallet. This was everything I had and was waiting to transfer to my ledger after the waiting time. I did contact them. Opened a ticket, called the cops, contacted a lawyer and will stop payment on the pending $500 from my bank.
MADASHELL8896:
1 month ago stolen xrp looking for direction for over 20,000 stolen from uphold account. Uphold took all of my cryptos
Da_WooDr:
same happened to me.
JamesWasilHasReddit:
The “hacker” IS Uphold that does this to people. If a third party, they are authorized to. The 2FA is faked for users to think they are “secure” before Uphold steals every penny from them.
kewaters81:
same…11/22 $8300 stolen.
Scam/Theft Victim:
Get out of Uphold NOW!! Uphold got me for over 3k. I am about to take a market loss to get out of it. Everything that I have read is correct.
I had not heard of Uphold prior to this so I visited their site and found whoever set it up did a good job of making it look credible. I had a similar bad experience on a small South African site called Artis Turba but fortunately my loss was relatively small. I was glad to learn afterwards that they’ve permanently closed, but I’ve heard these scam sites only operate for a short time until their business starts suffering as the word gets out, so they just restart under a new name.
The crypto currency market reminds me of the wild west so we have to be careful and not get too adventurous. I’ve personally used Bittrex, Binance and Kucoin without any problems. I’ve also used Coinbase, which is one of the largest volume exchanges, but I stopped after hearing too many horror stories.
Author Bio
Oh man. Someone tried to scam me for my crypto details online. I didn’t give any particulars, but the person was offering to “help” me transfer out of Uphold to Lobstr. I soon realized the scam. However, I had moved some XLM into a 2nd wallet STILL ON UPHOLD.
I contacted them to combine my XLM again, and its been a NIGHTMARE. I’ve done everything they ask, but they will not UNLOCK OR COMBINE my accounts again. I want to get funds OFF there and transfer to Lovstr, or whatever is safe. Still waiting, its been 3 days Help!
My account was wiped out same way. Told to open a police investigation. I would like to join any class action lawsuits against Uphold!
A few weeks ago I wanted to transfer some coins (from Uphold) to another exchange I was surprised to learn I could NOT do it , back then I had no idea of too many people have been hacked and lost a lot of coins, money , I was told I could do it in the U H wallet exchange it for another coin , or cash and transfer back to my bank account BUT NOT Transfers to another wallets which is BAD and today I found out about the hacking of UH and sold half of my coins and send them back to my bank , 3 days to get them , and the other ones One coin I can only buy here at UH and two other ones that I am not sure if to leave them there or cash out and thank you for posting the hacking information here Feb 25 2022
Sharing more the Lord gave me regarding uphold …
The Lord gave me a vision of an angel standing over the uphold exchange, but the exchange now had the word ‘FRAUD’ written across it. I watched as the angel gathered my holdings and transported them to a’safe’ location. I took that to mean a cold wallet or another exchange.
Immediately I tried to move my funds to a cold wallet or another exchange but uphold denied the transfers. They informed me of their comprehensive security and that Tier 4 coins could not be moved to wallets or other exchanges.
I cashed out as quickly as possible, just not fast enough. My account was intact January 14 1:14 a.m. and at 4:30 am 70% of my holdings were gone. The coins were converted to DASH and transferred out under my userid. 2fa was enabled.
Uphold’s fraud department said they’d respond shortly and never have, in fact all inquiries have gone unanswered. My account is lock. I can see my remaining holdings but can’t access them.
God bless
sorry to hear that about your coins is really UP SETTING looks like lots of thieves, hackers are active 24/7 / 365
Have you had dreams about the btc flash crash or other coins to invest ? thank you
Edgar
Concerning the flash crash I received a brief message from the Lord regarding a countdown to the flash crash, which I forwarded to James for his thoughts and interpretation, which was more complex than I initially thought.
In terms of coins, here is a quick rundown of some things the Lord has shared. One morning, I awoke to the sight of Shiba Inu filling the sky. The Lord is also pleased with Dodge and Stellar, but He forced me to sell my xrp holdings, claiming that ‘xrp will be weighted down by troubles.’ This is not saying xrp is not a good investment just that for me it is not, at this time.
None of this is financial advice but simply what the Lord is instructing me to do.
God Bless
Thanks for sharing these insights Annie. God bless you.
Had my uphold force closed. Was told I had 3 days to get my funds out. Cant even log onto it anymore. This was less than a week ago
Shorting BTC . Dropped strongly in the last 4 hours. Under $35,000 now,
regards Phil
Meanwhile, it’s been like 10 years since Texas billionaire Kyle Bass ordered one million Dollars’ worth of nickels from the U.S. Treasury and stored them in his personal vault.
If you can’t touch it you don’t own it.
James: Your essay was discovered and shared by one of the investors in discourse. It appeared to urge people to transfer their holdings to a safer exchange while they still had the opportunity. Thank you.
Thank you for sharing your experience with them. Hopefully enough people will hear about it to put them out of business.
This last weekend, I had just finished withdrawing the last of my XRP from Uphold. I have always had a check in my spirit about this exchange.
Lucky you. I won’t be able to pull my XRP off of Uphold til the end of April. Praying XRP doesn’t go over $2 by then because that’s when I plan to cash out.
The main subedit, r/Upholdincwillrobyou, is where investors submit individual accounts of their monies/coins taken, with no response from UPHOLD. James’ report was quite detailed. I’d just want to add that UPHOLD is the subject of a class action lawsuit, the specifics of which may be found on the subedit referenced. God Bless
How do you cash out if Coinbase is not an option for US citizens? Do you recommend a crypto credit/debit card instead? Thanks!
You can also cash out on other exchanges like Bittrex, Binance.us, and Gemini.
The issue is I had fraud committed against my bank account and my bank closed my account and gave me a new bank account number. Uphold has a 60 hold on my account with $5k in it. Basically you’re saying I’m screwed?
I’m just sharing warnings posted by their customers.
Wait 60 days to check if your account is opened. If you don’t hear back or if you hear something along the lines of “your account is under inquiry or review,” keep pursuing them for an answer. In the r/UPHOLDINCwillrobyou subreddit, you might be able to get some advice from other investors. If you are able move your remaining holdings to another exchange quickly.
Are you kidding me with this? I have a ton of money in Shiba inu in uphold and they won’t allow me to take the money out of this account for 65 days. Now I’m worried this is going to happen to me.
We were denied the ability to shift our funds to a cold wallet or another exchange in the same way. The coins were taken a few days later, our account was locked, and we had no response to our numerous inquiries.
I hope they keep their word and open your account following the 65 days.
I’m in the same boat with you Jay. I have $15,000 of XRP on Uphold. I can’t move mine til the end of April. I actually knew of the “horror” stories of Uphold before I used them. However, besides Kucoin, they are the only other exchange for US residents to buy XRP. There are many people that have used Uphold with no issues? I don’t know why they have the crazy 65 day hold. It’s absurd. Just pray that the Lord will protect your assets.
Americans.can also buy XRP on Bittrex.
https://coinmarketcap.com/currencies/xrp/markets/
Americans can also buy XRP from Bitrue
I can’t move my Shiba inu or xrp until the end of April as well. At the end of the 65 days there’s a possibility they’ll freeze my accounts?
Thank you Mr. James for the warning..
Thanks James,
Very sad when innocent people are robbed by scoundrels;
Thanks for the warning
Phil
https://coindesk-news.com/2021/06/24/the-creators-of-africrypt-vanish-with-3-6-billion-in-bitcoins-belonging-to-the-funds-investors/