Description

Planet86.com alleges to be an investment company to provide guaranteed income. The rules are vague and their terms of service state they can change them at anytime. Transferring funds worked several times. The last time I attempted to transfer funds to my sons account they blocked my account without a warning and stated I had participated in illegal activity. They accused me of illegally having multiple accounts and using same IP address which is Coinbase. They stated I must transfer the same amount in USDT of the amount that failed, 40,000 USDT to unblock my account and there would be a 48 hour review and I would be able to transfer funds normally. They messaged me back on Telegram and said congratulations I was not doing anything illegally but I will need to transfer $40,000 USD to activate my account. They threatened to sue me for being irrational and defacing the company. They insist I will be able to withdraw funds as soon as I pay their fees which will be endless.

BBB Note:  How To Report Cryptocurrency Scams Report fraud and other suspicious activity involving cryptocurrency to

*the FTC at ReportFraud.ftc.gov
*the Commodity Futures Trading Commission (CFTC) at CFTC.gov/complaint
*the U.S. Securities and Exchange Commission (SEC) at sec.gov/tcr
*the Internet Crime Complaint Center (IC3) at ic3.gov/Home/FileComplaint
*the cryptocurrency exchange company you used to send the money