BydexOTC.com Review: Scam Report and How to Recover Your Money

BydexOTC.com presents itself as an over-the-counter (OTC) crypto brokerage facilitating large-volume Bitcoin and USDT transactions with ultra-low slippage and fast settlement. However, an in-depth investigation by Forensic Logic Inc confirms that this platform is fraudulent. It exploits the trust associated with OTC crypto services to siphon funds from victims while posing as a high-end liquidity provider.

This report explores how BydexOTC.com misleads users, the operational red flags, and the fund recovery process.

How the BydexOTC.com Scam Works
Victims are generally introduced to BydexOTC through:

• Paid Google ads and press releases on obscure PR networks
• Discord or Telegram “institutional trader” groups
• Cold outreach via email from fake brokerage consultants

Once onboarded:

• Users are asked to verify KYC and make a minimum deposit (typically $5,000–$50,000)
• Funds are to be held in a “secure settlement wallet” on the site
• Users are shown fake dashboards with fabricated order books and transaction flow

When users request withdrawals:

• The platform claims liquidity delays and requires an “interbank clearance fee”
• Further funds are demanded to “unfreeze” the wallet or access final settlement reports
• Communication eventually ceases, or the account is disabled

Red Flags Identified by Forensic Logic Inc

• Domain is unlicensed and not listed with any regulatory body (e.g., SEC, FinCEN, FCA)
• WHOIS records are anonymized; IP addresses previously linked to 3 other crypto scams
• The platform uses cloned CSS and backend code from another defunct OTC site, BitLiquids
• No public trading history, audit, or verifiable transaction logs exist
• Wallet addresses show movement through obfuscation pools and non-KYC exchanges

About Forensic Logic Inc
Forensic Logic Inc is a U.S.-based forensic technology firm located in Walnut Creek, California. We assist victims of crypto, investment, and wire fraud in identifying perpetrators, tracing lost funds, and reclaiming stolen assets.

Our tools include real-time blockchain analysis, multi-chain fund tracking, and legal coordination with global financial enforcement networks.

Victim Case Examples
A tech entrepreneur in Berlin wired $15,000 worth of USDT to a wallet given by BydexOTC’s “account manager.” The funds showed on his dashboard but were never available for withdrawal. When he pressed further, he was told to deposit $3,500 more to “unlock the account.”

A Canadian investor deposited $25,000 after being referred by a Twitter OTC trading group. She later discovered that the group and site were operated by the same scam network. Forensic Logic Inc traced the entire fund path to a Binance wallet now flagged for suspicious activity.

Steps to Take If You’ve Been Scammed by BydexOTC.com

1. Immediately Stop All Communication – Any interaction could lead to further loss or phishing
2. Secure Evidence – Collect screenshots, email chains, wallet addresses, and login credentials
3. Provide Blockchain TXIDs – Essential for forensic fund tracing
4. Open a Recovery Request With Forensic Logic Inc – https://forensiclogicinc.com/consultation

How Forensic Logic Inc Helps

• Analyzing blockchain data to track fund movement across wallets
• Filing recovery claims with crypto exchanges that received scam funds
• Collaborating with law enforcement to freeze or retrieve assets
• Delivering forensic reports admissible in court or civil claims

Recovery Duration and Expectations
Fund recovery typically takes 3–6 weeks depending on the level of laundering and the number of intermediary wallets. Time is critical to prevent asset liquidation.

Act Now—Time Matters
Scammers use delay tactics to push stolen assets through mixers and into unreachable wallets. Early action is essential.

Begin your recovery now with Forensic Logic Inc:
https://forensiclogicinc.com/consultation