Elijah D.

I beg you to heed my words. Investing with this exchange was one of the worst decisions of my entire life. Stay far far away. Please listen to my story and let it be a warning.

On Oct 23 I first opened a trading account with NITTREX.io. The individual who contacted me was a man who called himself Solomon Rose. He understood the principles and concepts of cryptocurrencies with ease and efficiency. At that time I knew nothing about bitcoin, alternate coins, or the financial market in general. There were many terms that he helped explain to me, and he sent me multiple emails the first day on guides to understanding both cryptocurrencies and the stock market in general. He would consistently call me and would offer advice and answer all of my questions. I remember that at that time I had written down many things I felt the need to ask him, and he answered everything with patience, articulation and void of hesitation. I watched and gathered all his information and pretty soon I had a much better handle on what I was dealing with. The individual I spoke with was extremely easy going and would supplement various details such as: I was his youngest client, he had 130 other clients, and it gave him immense pleasure to see a young man such as myself desiring to build up his finances through trading. I made the mistake of trusting this man, I was naive, and I will forever bear the sting of hastily rushing to offer someone my financial allegiance.
When first dealing with NITTREX they supplemented my account with 300 of their dollars, to help you get a feel for the buying and selling of cryptos, I was able to make a small profit after several days. At this time they stated that I could now begin funding the account with my own money, and Solomon even generously stated that they would allow me to keep the profits from what I had made trading their 300 dollars. I was ecstatic! Solomon explained that in the future he would be able to manage my account, making trades and handling stop loss and limit orders, answering any questions I had, and in turn he would receive a 5% commission on the profits from my account. I thought this seemed reasonable. Solomon contacted me with an "exclusive offer". He stated that one of his clients was involved in mining and wanted to cash out their etherums but was unable to due to a lime limit on their contract. Solomon said that he could give me the 7 etherums for 2,000 USD, which at that point would have been worth roughly 2,800. I was skeptical at first to accept an offer such as this, it seemed too good to be true. But at this point I had a foolish trust built up with Solomon, and he convinced me that he simply believed I had a great future and he wanted to help one of his younger, smaller clients develop their portfolio more extensively. I completely bought into the lie. Almost every weekday I was sent an email from Solomon in regards to some Bitcoin development or revolutionary institutional investor or projection. I knew each of these articles were copied from coimarketcap.com but it was still comforting to receive constant and thoroughly updated communication.

Shortly after this, Solomon again contacted me with special "arbitrage" deals. If I had any prior experience in trading I would have immediately realized that these discounts were far too good to be true, but my head was in the clouds. Solomon explained that he would give me an even better offer (again due to his "understanding" that I was a smaller client" and said that their finance department would be willing to give me a bitcoin for 11,500 USD. (At this point BTC was valued at roughly 15,500) At this point I was even more skeptical. I asked him how this could be possible. Solomon breezily articulated to me that this arbitrage deal came with strings attached, that I would be required to hold the bitcoin for at least one month before withdrawing it. Although this seemed strange, I still cannot believe I was stupid enough to trust him. I took two more small arbitrage deals after this, and the entirety of my investment in Canadian totalled exactly $17,171. It is a number I will never forget.
I remember pouring over bitcoin statistics and articles after this, and soon after I purchased my currencies the crypto market completely soared. I was beyond elated! I suddenly envisioned a bright future of mustangs, mortgages on premium condos, a future of trading and financial liberation. After being warned by a family member of the hazards of keeping your crypto in exchanges, I decided that now was the time to finally withdraw my portfolio to a wallet that I alone had secure access of. Now this is where it all went completely wrong.
Before I could even make the withdrawal request, Solomon suddenly ceased all communications with me. I immediately knew something was wrong as he had previously been completely prompt without fail. I tried calling the number for NITTREX, and the first few times they informed me I would be transferred to a new account manager, who went by the name of Jacob Silverman. Jacob made up some story about Solomon being in an accident. (This was at the same time that NITTREX changed their domain name from. Io to. Co). When I stated that I immediately wanted to make a withdrawal, he informed me that Solomon (who was supposedly unconscious with COVID) only had access to the wallets and that they would send me the money as soon as they had confirmation from him. From January 6th to April 2nd Jacob continued to fill me with the hope that my funds would be recovered, even going so far as to make very small transfers to my wallet to keep me temporarily satisfied (0.05 of BTC total) A couple weeks ago I was shown a screenshot of a supposed BTC transfer between myself and NITTREX. Only to be told that the transfer was canceled by the Hong Kong government and the only way to recover the funds would be to pay another $10,200 USD in taxes. When I refused to do so, Jacob also completely cut off communications with me.
NITTREX if you are reading this please understand that you may only see the financial gain of your endeavours, but you cannot see the emotional heartbreak. You can't see the pain. You will never see the tears. And you will hardly hear a fraction of the cries which emanate from the mouths of the men and women you unabashedly pillage. I sincerely wonder how you find peace in this life. When you endure the many storms of this world, what gives you solace?
The next time you gaze into the eyes of someone dear to your heart, that you love, I want you to ask yourself, "Do they truly know the monsters that you really are?"
And to you Jacob, all I can say is that the greatest harm you did me was not in taking my money, but in giving me hope.