A user opened an account with Kineko.com in December 2022, betting mainly on major European football leagues. Their betting limits were increased multiple times over six months. Despite initial losses, they built a $250,000 balance by May 2023. However, upon attempting a large withdrawal, Kineko cited issues with their data provider, leading to a 4-6 week delay. They proposed a payment plan for $10,000 weekly withdrawals starting July 15th, which was not honored. On August 9th, Kineko promised a $20,000 withdrawal to cover missed weeks, but this was also not processed. By September, Kineko proposed monthly $10,000 payments due to ongoing issues with their data provider. After receiving one payment in November, no further withdrawals were processed, and Kineko became unresponsive. The user engaged a third-party mediator and proposed a comprehensive plan to resolve the issue. Kineko’s failure to adhere to their payment schedule and the launch of an NFT project raises serious concerns. The user has waited one year for their withdrawals and urges others to avoid Kineko’s services until the dispute is resolved.
Kineko.com: Scamming Users and Ignoring Withdrawals for Over a Year.
- Thread starter rikrep21
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