Secnx

Secnx

Hello, I did not want to make this report public because I know Secnx is legit but we cannot come to a resolution and I was told by a staff member privately to make it public.

I had planned to buy 32B RS3 from Secnx via BTC for $572, using his livechat. After discovering the fees were high, we opted for USDC instead.

Secnx's instructions were to send "ERC-20" so I used Base which supports ERC-20 to send the USDC.

We did some investigating and concluded it somehow it got lost, even though on both ends we confirmed that:

1.) I sent the money: Address 0x1eb3c60ef1f68bc8c8882b5409b7e7531513461b | BaseScan

2.) He didn't receive the money: Address 0x1eb3c60ef1f68bc8c8882b5409b7e7531513461b | Etherscan

I contacted Coinbase support to try and find out what may have happened and they were useless.

Secnx contacted Binance and after a little digging, we discovered that Binance doesn't support base, so livechat told him the money is stuck in limbo until they support Base.

They said check back in within a few weeks, however I am pessimistic that Binance will ever support Base because Coinbase and Binance are fierce competitors and known archnemesis's so it sounded like a fluke just to get Secnx off the livechat.

I am requesting that Secnx takes responsibility for this because I followed his exact instructions, which was to send to his ERC-20 wallet. It is also completely impossible for me to have known that he was using Binance before I sent the money so I feel there is no reasonable responsibility of DD on my part. If Secnx wasn't using Binance, or a wallet that doesn't support base (which supports ERC-20), none of this would've happened.

Using Binance ERC-20, Secnx should be aware of what wallets do or don't have the capabilities to send or receive money, so I'm requesting that he takes responsibility for this. I have no qualms with this guy, and know hes legit but would like this resolved. Thank you

Screenshot - 7fecf8d941e1e022ccdc5c42b288386e - Gyazo

 

@Josh please update the report using the following template:
READ THIS FIRST! How to Report a Scammer - Report Templates

@Josh please also provide the chat logs between you and @Secnx.

 

Scammer's profile link: Secnx
Amount scammed: $572

Discord ID + Unique Discord ID: _secnx_ 1041421172702711971

Proof that it's their Discord: Screenshot - 7fecf8d941e1e022ccdc5c42b288386e - Gyazo

Explanation of the trade: Look above

How they scammed: Look above

Other relevant trade screenshots: I unfortunately closed out the tab to his livechat, which erases all the chat. He also does not have a fill out email form, so I was not able to fill in my email to gather the chatlogs. @Secnx can chime in and help out.

 

Screen capture - 34bf4054f529583b4b787c92041947ae - Gyazo
This is a video to show the conversation from the livechat

 

There is an implicit assumption that the transaction would occur on the ETH mainnet, as this is the global standard and most widely supported method for ERC-20 token transfers. Layer 2 solutions are not universally supported due to their technical requirements. So I would have stated otherwise if I expected the transaction to occur on the L2.

 

There is an implicit assumption that the transaction would occur on the ETH mainnet, as this is the global standard and most widely supported method for ERC-20 token transfers. Layer 2 solutions are not universally supported due to their technical requirements. So I would have stated otherwise if I expected the transaction to occur on the L2.

which button did you press?
Screenshot - a909a4342ebf2808e88a31c6cf3b8d50 - Gyazo

 

Screenshot - 2bd24b6dbed34a09de6e4df9085f6091 - Gyazo
This one

 

This is being discussed by the staff team, we will get back to you guys once our discussion is complete or if we have any follow-up questions, this may take a little time due to the complexity of the issue at hand.

 

There was an extremely lengthy discussion in the staff lounge regarding the report, which spanned the technical aspect of this report (Blockchain networks), Coinbase terms of service, and so on. Even with that, the staff team was not unanimous on the decision. With that being said, let's move on to the ruling of the report.

I will explain the final decision in this report in the simplest form to avoid becoming too technical. In this report, there are two ways to consider who is in the wrong. One aspect is to look at @Josh for not doing proper research into the payment method he was sending from, which, in turn, caused @Secnx to essentially send the payment to the wrong address. However, you can flip this the other way; you can say @Secnx didn't do proper research into the payment method he was receiving. As an experienced trader, he should know better than this, as in the chat logs @Josh clearly stated he was sending from Coinbase. This, in turn, means no party is truly in the wrong. So, the best approach would be to go into split liability, meaning both parties take 50/50 of the loss.

@Secnx, please pay Josh back half of the payment that was lost.

 

BTC: 38X7bRGCbFqV48fmUWSRrLaM2TuqhPxBp5

If the payment is ever released (binance accepts Base) I would like the second half as me and Secnx agreed on. He can then give the other half to himself and we both will be made fully whole. Hopefully that's the outcome that comes of all of this.

 

Sent 286 ltc through dm's

 

Can confirm I've received it, we'll resolve the rest on our own when/if it pops up; I trust him so no staff intervention needed from here. All good to go. Thank you staff.

 

This has been resolved. Thank you, everyone.