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CASE FILE · ICT-2026-0407 · Fake Exchange / Frozen Withdrawals

Six Global Markets (SixFx): The Exchange That Demanded a "Tax" to Release Withdrawals

A Toronto graphic designer moved her crypto onto Six Global Markets, trading as SixFx, after strong "returns" appeared on its dashboard. When she tried to withdraw, SixFx froze the account and demanded a capital-gains "tax" paid up front. We recovered most through a fast freeze.

Recovery Report
Vector
Fake Exchange / Frozen Withdrawals
Instrument
USDT + debit card
Reported loss
CA$96,200
Case opened
March 2026
Funds recovered
64% (CA$61,600)
Claimant
Graphic designer, Toronto CA

Operator on file Six Global Markets (SixFx) — read the full IntelliCtech scam-broker dossier.

01How SixFx drew her in

Six Global Markets looked like a real exchange: order books, a mobile app, a referral program. The claimant funded it with USDT and a card top-up, and the SixFx dashboard showed her balance climbing as an "account manager" suggested trades.

Early on, a small withdrawal went through — the confidence trick that anchors trust. After that, every prompt pushed her to deposit more to "unlock higher tiers" and "volume bonuses."

02Where it broke

When she requested a real withdrawal, SixFx froze the account and said a "capital-gains tax" had to be paid up front before funds could be released. This is the signature of a fake exchange: the only way out is always another deposit.

She refused and contacted us the same week. Crucially, a large share of her funds still sat in SixFx’s deposit wallets and one receiving exchange — not yet swept through a mixer. That timing is why this case recovered well.

They told me my own money was taxable and I had to pay the tax to them before I could withdraw it. That sentence is the whole scam in one line.

03How we recovered most of it

  1. 01
    Mapped the deposits fast. We traced her USDT and card-funded deposits into SixFx’s collection wallets and identified the receiving exchange holding a share.
  2. 02
    Filed the freeze request. With her police report we submitted the tagged addresses to the receiving exchange’s compliance team while the funds were still there.
  3. 03
    Disputed the card rail. The card top-up was challenged through the network as a misrepresentation dispute.
  4. 04
    Caught the un-swept balance. Because she reported quickly, a significant portion had not yet moved through a mixer and was frozen at the off-ramp.
  5. 05
    Reconciled the result. The frozen balance plus a successful card dispute returned most of the loss; a smaller swept portion was written off.
Funds recovered64%

CA$61,600 of CA$96,200 returned through a fast exchange freeze and a card chargeback. The portion already swept onward was documented as a loss. Speed made the difference.

04Warning signs we flagged

  • An "exchange" that asks you to pay a tax or fee to release your own withdrawal.
  • A small early withdrawal that works, followed by pressure to deposit more.
  • An account that is frozen the moment you request a meaningful withdrawal.
  • A platform not registered with any regulator you can independently verify.
  • An "account manager" placing or recommending trades on your behalf.

An exchange is asking for a fee before it will let you withdraw?

Do not pay it. If your funds were deposited recently they may still be reachable — send us the platform and your transaction records today.

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