Money transfer, virtual currency, or money service -- Fraud or scam -- Complaint #7557991
Complaint Overview
Complaint ID: 7557991
Company: Paxful Holdings, INC.
Product: Money transfer, virtual currency, or money service
Sub-Product: Virtual currency
Issue: Fraud or scam
State: Idaho
ZIP Code: 83607
Date Received: 2023-09-15T12:00:00-05:00
Date Sent to Company: 2023-09-15T12:00:00-05:00
Company Response: Closed with explanation
Timely Response: Yes
Consumer Disputed: N/A
Submitted Via: Web
Consumer Narrative
Commencing on or about XX/XX/2022, I fell victim to a multi-layered scam operation run by an unknown fraudster which involved me making deposits for a total amount of XXXX XXXX from my account to Paxful at the instructions of the scammers and owners of the wallet XXXX XXXX
Frequently Asked Questions
What is Complaint #7557991 about?
Complaint #7557991 was filed against Paxful Holdings, INC. regarding Money transfer, virtual currency, or money service specifically about Fraud or scam. It was received by the CFPB on 2023-09-15T12:00:00-05:00.
How did Paxful Holdings, INC. respond to this complaint?
The company responded with: "Closed with explanation". The response was timely.
What is the risk level of this complaint?
See the risk assessment section for details on this complaint's risk profile.
How do I file a similar complaint?
You can file a complaint with the CFPB at consumerfinance.gov/complaint. Select the appropriate product category (Money transfer, virtual currency, or money service) and describe your issue in detail.
Can I see other complaints against Paxful Holdings, INC.?
Yes, visit the Paxful Holdings, INC. company profile at readthecomplaint.com/company/paxful-holdings-inc to see all complaints, risk scores, and analysis.
Disclaimer
This analysis is AI-generated based on publicly available CFPB complaint data. It does not constitute financial or legal advice.