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CONSBIT crypto exchange seized after 99 percent trading rate apparently faked


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We have received several reports CONSBIT has been sized by the police department following scam charges. Do exercise caution with your assets.

CONSBIT crypto exchange seized after 99 percent trading rate apparently faked

Department of Police claims that wash trading as well as market influence by the management team and owner of the OCNSTBIT exchange.

One of the biggest digital currency exchanges, COINSBIT has been seized by the police department following several scam charges. According to a report, 99 percent of the trades on the platform were totally faked through wash trading.

The Metropolitan Police Department searched and confiscated several properties, including CONSTBIT worldwide gateway eight, Ru de la parked Providence, MAHE, Seychelles 
The owner of CONSBIT, his management team, and the owner are accused of inflating trade volumes and influencing coin prices utilizing several fake accounts. 
We received several complaints against them, they fraud by listing new coin or token and spending from the network after getting the payment in fake ways.

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