⚠️ Public Awareness Warning: WV6 Securities / SevenH5 – Alleged Crypto Pyramid Scam Targeting Sri Lankans

Yusufsrilanka

Member
Jun 20, 2023
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WV6 Securities, operating through websites such as:

is allegedly running a pyramid-style crypto scam targeting Sri Lankan citizens, falsely presenting itself as a legitimate online trading platform.

False Claims & Deception​

The group reportedly falsely claims an association with JPMorgan, which is completely untrue. JPMorgan has no connection to WV6 Securities or these websites.

Victims were told:
  • This is NOT a pyramid scheme
  • Only a minimum deposit of 500 USDT (≈ USD 500) is required
  • Funds would be used for professional crypto trading
  • Profits could be withdrawn easily
These claims are misleading and deceptive.

How the Scam Actually Works​


Based on multiple reports:
  1. Users deposit 500 USDT or more
  2. Small withdrawals are initially allowed to build trust
  3. Only 75% of profits can be withdrawn
  4. When users attempt to withdraw larger amounts:
    • Accounts are frozen
    • Users are told they must recruit more people
    • This reveals the true pyramid structure
👉 Recruitment becomes mandatory — a clear sign of a pyramid scheme, regardless of the “trading” label.

Financial Impact​

  • Over 100 Sri Lankans have reportedly joined
  • Estimated losses exceed USD 50,000
  • Funds are believed to be transferred to foreign (Chinese) scam operators
  • Victims are left with frozen accounts and no recovery process

Red Flags to Watch For 🚩

  • Guaranteed or low-risk crypto profits
  • Mandatory recruitment to unlock withdrawals
  • Partial withdrawals only
  • Accounts frozen without legal explanation
  • Fake claims of affiliation with major banks
  • No verifiable company registration or regulation

Important Reminder​


Any platform that requires recruiting new members to access your own money is a pyramid scheme — period.
Calling it “trading” does not change the reality.

What You Should Do​

  • ❌ Do NOT invest or deposit funds
  • ⚠️ Warn friends and family immediately
  • 📢 Share this information publicly
  • 📝 Report to Sri Lankan cybercrime authorities
  • 💬 Victims should document evidence (screenshots, wallet addresses, chats)

Final Message​


Scams like this thrive on silence, trust, and urgency.
Awareness is the strongest weapon.


If you or someone you know is involved with WV6 Securities / SevenH5, exit immediately and do not send more money.

Stay alert. Stay safe. 🇱🇰

REFER: https://www.cbsl.gov.lk/en/financial-system/prohibited-pyramid-schemes

Note: I do write on behalf of Sri Lanka who lost $500, and 99 are going to lose and few in top of pyramid system will get some money. Dear Sri Lankans! Please share it in social media and alert our Sri Lankan who earn hard money in difficult time!

Jaya Wewa!