TimeeCoin Scam: Fake Crypto Exchange, Withdrawal Blocked

TimeeCoin is a scheme that moves users to its own "crypto exchange" through closeness built on social media or messaging apps, and locks the balance growing on screen at the withdrawal stage. The platform has operated under the same name on several domain names, and addresses were changed at short intervals.

🔍 The Domain Names TimeeCoin Has Used

In reports made to the 165 anti-fraud line of Taiwan's National Police Agency, the name TimeeCoin appears in the fake investment site category together with four separate addresses: kyctimecoin.com, biwdeem.com, astarwap.com and timeecoin.com. These addresses were used one after another between May and December 2025.

The domain timeecoin.com was registered for one year through NameSilo on 3 December 2025 and placed behind Cloudflare; the address does not respond today. The fact that one address was built around the word "KYC" suggests that an identity verification pretext is part of the scheme.

🚩 The Balance Grows, the Withdrawal Closes

Under the provisions added to Capital Markets Law No. 6362 by Law No. 7518, providing crypto-asset services in Türkiye requires SPK authorisation; TimeeCoin has no such authorisation.

🔗 Other Crypto Platforms Using the Same Scheme

The fake exchange model that ties withdrawal to a "fee" does not belong to a single brand. We have covered platforms following the same steps before:

🧭 Steps in the Legal Process

The process begins by establishing which wallets and exchanges the transfers passed through; cases where the money was transferred to a crypto exchangeTR are a useful guide here. After that, the opening of a criminal investigation and an asset investigation on the perpetratorsTR come onto the agenda.

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

❓ Frequently Asked Questions