Serious Concerns Regarding Withdrawals and “Money Line” Requirement
I am sharing my documented experience with IPO Capital so others can make informed decisions.
Beginning in September 2025, I worked closely with an account manager who identified himself as “Tom.” He held frequent short calls to review market conditions and discuss trading strategies. Over time, trust was built through consistent communication and personalized discussions about my financial goals.
I deposited approximately $5,000 USD via Coinbase using USDC in installments. My account dashboard later reflected growth to approximately $14,000 USD between September and November 2025.
In November 2025, I submitted withdrawal requests of $4,000 and later $13,000. The $4,000 request was marked as “canceled,” and the $13,000 request remains “pending.” Smaller withdrawals under $250 earlier in the process were completed successfully in September.
After repeated attempts to contact my account manager, communication stopped. I then received an email from support stating that their main office had experienced a severe fire, that multiple employees had died including Tom, and that all accounts were “frozen until 01/01/2026.” I have been unable to find any public confirmation of such an incident.
In February 2026, I was contacted by another representative who identified himself as “Oscar” and was instructed to log in to my IPO Capital account. The dashboard displayed a balance of over $49,350, allegedly generated by trades placed on my behalf. However, I was told that in order to access these funds, I needed to allocate $4,935 (10%) in my personal bank account to “create a money line” before any withdrawal could proceed.
I requested detailed trade history and received a summary showing only profitable trades presented in a promotional-style format.
At this stage, I have serious concerns regarding transparency, withdrawal practices, and the requirement to deposit additional funds to access existing balances.
I have retained documentation, screenshots of withdrawal requests, transaction records, and email correspondence.
No regulated brokerage should require additional external deposits to release funds already reflected in a client’s account.
I strongly encourage anyone considering this company to exercise extreme caution and conduct independent verification before depositing funds.
25 February 2026
Unprompted review