SCAM Lizex.io Scam Case | Fake Custody Claims Assets Held

Lizex.io has implemented a systematic method of freezing user accounts under the guise of "AML (Anti-Money Laundering) compliance." When users attempt to withdraw or transfer assets, the platform places an indefinite hold on the funds, claiming they have been flagged for "high risk" and subsequently frozen by their purported liquidity partner, KuCoin.

Evidence of Fraudulent Misrepresentation​

An investigation into the specific case of an $18,000 USDC transfer reveals the following:

• Fabricated Custody Claims: Lizex.io management explicitly stated to the user that the funds were held in a wallet managed by KuCoin.
• Verification of Falsehood: Direct inquiry with KuCoin support confirmed that the provided wallet address has no association with their platform, infrastructure, or liquidity services.
• The "KYC Loop": To prevent the recovery of these assets, the platform demands an impossible-to-provide series of KYC (Know Your Customer) documents. These requirements are designed to be unattainable, ensuring the platform retains permanent possession of the funds.
• Platform Behavior: The funds were never moved to an external partner. Instead, they were captured by Lizex.io’s internal "trigger system," which places accounts into a frozen status to facilitate theft while blaming an external third party.

Source: https://bitcointalk.org/index.php?topic=5594560 mabji1 (OP)

Note to the community from Trêvoid: They scammed someone on SimpleX Chat and also selectively froze customer funds. The person who runs this website is a scammer, so avoid Lizex at all costs.

Best regards,
— Trêvoid

Hello, thank you for sharing our case and being here for us. Lizex is a scam and is looking to scam more users. Here is the order ID and the USDC wallet address where the funds are being held. I sent them to you in a private message, and I also sent them to the KYCnot.me administrator. You can check them as proof. Please do not share them publicly, as I only share this information with reputable members.

mabji1 said:

Hello, thank you for sharing our case and being here for us. Lizex is a scam and is looking to scam more users. Here is the order ID and the USDC wallet address where the funds are being held. I sent them to you in a private message, and I also sent them to the KYCnot.me administrator. You can check them as proof. Please do not share them publicly, as I only share this information with reputable members.

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Thank you. I saw the scam tag on KYCnot.me, which is very helpful. I support your case, and I know they are indeed shady. I won’t let this case go. Please keep me updated with any new information. I received your DM.

Users report that Lizex holds their funds and does not answer. In September 2026 a user reported $18,000 USDC held under an AML claim that KuCoin, the partner Lizex named, denies. In July another user reported losing 10 ETH through Lizex's SimpleX chat. Lizex pulled its community escrow in June and has been silent since September 6th. We flag it as a precaution until Lizex replies and returns the funds.

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Please check my thread I was also scammed by lizex.