<p>new to bitcoin world and I got hooked up with a trader calling himself David O. Nelson and the website was MajorfxHawk.</p>
<p>I have doubts to it’s authenticity especially when I incurred an upgrade fee when my $1,000 investment in 5 days earned $40,000 in profits.</p>
<p>Repeatedly promised I would have access to profits as soon as I paid upgrade of $4,000.</p>
<p>It wasn’t tue and that $5,000 investment had now earned $80,000.</p>
<p>They just sent my profits to Coinbase wallet and I have a Withdrawal Mempool tax of nearly $4,000 which needs to be paid before I have access.</p>
<p>I believe this is just another step in the scam. Paying this fee does not guarantee my money does it?
My brain says if I pay, the profit will magically disappear.</p>
<p>I would like to hear from more experienced traders.</p>
<p>Thank you.</p>

CC BY-SA 4.0
2024-11-11T06:58:02.043Z
Yep. Scam. There was never any profit. You lost it all the second you sent it.
Jannes
CC BY-SA 4.0
2024-11-11T17:25:55.237Z
See first point at [How to tell if a cryptocurrency exchange or trading platform is trustworthy?](https://bitcoin.stackexchange.com/q/98743/13866)
RedGrittyBrick
<transaction-fees><fraud><withdrawal><mempool.space>
Legit profits or likely scam?
Gary Read
# Legit profits or likely scam?

(Asked by: username_0 on 2024-11-11)

new to bitcoin world and I got hooked up with a trader calling himself David O. Nelson and the website was MajorfxHawk.

I have doubts to it’s authenticity especially when I incurred an upgrade fee when my $1,000 investment in 5 days earned $40,000 in profits.

Repeatedly promised I would have access to profits as soon as I paid upgrade of $4,000.

It wasn’t tue and that $5,000 investment had now earned $80,000.

They just sent my profits to Coinbase wallet and I have a Withdrawal Mempool tax of nearly $4,000 which needs to be paid before I have access.

I believe this is just another step in the scam. Paying this fee does not guarantee my money does it?
My brain says if I pay, the profit will magically disappear.

I would like to hear from more experienced traders.

Thank you.

**Tags:** transaction-fees, fraud, withdrawal, mempool.space

> **Comments:**
> **username_1**: Yep. Scam. There was never any profit. You lost it all the second you sent it.  
> **username_2**: See first point at [How to tell if a cryptocurrency exchange or trading platform is trustworthy?](https://bitcoin.stackexchange.com/q/98743/13866)  

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## 0 answers

