Gxmcoin (TQS Platform) Scam: Monthly Return Crypto Lock

Gxmcoin is a crypto investment site that promises its users a fixed monthly return through coin earnings and a bonus it calls "şifte", and that offers the same operation under the name "TQS Platform" as well. Deposited money was required to stay locked in the account for a set period, and when the withdrawal date arrived, the site became inaccessible.

⏳ The Lock Period and the "Şifte" Bonus

Users of Gxmcoin were told that their money had to stay in the account for several months and that, during this period, they would earn a "şifte" bonus in addition to the coin return. During the lock period the balance on the panel grew steadily, a date was given for withdrawal, and the request appeared in the system as "pending". When the withdrawal day came, the site closed, and the possibility of accessing the account or reaching an authorised contact disappeared.

🌐 gxmcoin.com and gxmcoinwb.com

gxmcoin.com was registered on 27 November 2025 and gxmcoinwb.com on 26 April 2026, both through the same registrar (Gname.com). Neither domain now serves any content; both redirect to the registrar's parking page. Gxmcoin has no connection with GMX, a decentralised exchange token with a similar name.

Gxmcoin is not authorised in Türkiye by the Capital Markets Board (SPK); authorised institutions can be seen on the SPK list of authorised intermediary institutions. Acts of this kind, committed through information systems, are treated as qualified fraud under Article 158/1-f of the Turkish Penal Code.

🔗 Other Crypto Operations Using the Same Method

We have previously covered crypto sites that lock up money with a promised return and close at the withdrawal stage.

🧭 The Legal Process for Gxmcoin Victims

1. The wallets and intermediary accounts that crypto transfers reached are examined with the money laundering linkTR in mind.
2. In the criminal investigation, the rights the victim holds as an intervening partyTR come into play.
3. A route through restitution and unjust enrichment claimsTR is assessed against the persons the money reached.

For detailed information and legal support, you can contact Savun Law & Consultancy.

❓ Frequently Asked Questions