Washington State Department of Financial Institutions

05/22/2025 | Press release | Archived content

Alleged cryptocurrency trading platform Csecrypto.com may be fraudulent

Date Posted
Thursday, May 22, 2025

The Washington State Department of Financial Institutions (DFI), Securities Division, has received a complaint from a Washington resident regarding Csecrypto.com, a purported cryptocurrency trading platform. That website is no longer available.

The investor learned about the platform through a social media ad and communicated with the scammers on a messaging app. The investor transferred cryptocurrency into their account on the platform and has been unable to withdraw their funds.

These allegations have not been verified by DFI.

How to Avoid Becoming Victim of a Scam

DFI urges consumers to exercise extreme caution before responding to any solicitation offering investment advice or financial services. Investment professionals need to be licensed with DFI to offer investments to Washington residents. To check the licensing status and to find out if there are any complaints against an investment professional, please visit FINRA Brokercheck.

How to Report

If you believe you are a victim of this alleged scam:

  • Report to FBI
  • If you are outside Washington State: contact your local Securities Regulator
  • If you are a Washington State resident: Submit a Complaint for statistical purposes.

Additional Resources

Virtual Currency, Cryptocurrency, and Digital Assets Information for Consumers

Information regarding investing strategies, investment products, and how to protect yourself from fraud

What You Can Do to Avoid Investment Fraud

Washington State Department of Financial Institutions published this content on May 22, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on June 05, 2025 at 18:25 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at support@pubt.io