Complaint Review: Protocoin

The scammers hacked/spoofed a close, trusted friend of my friend's Facebook account and encouraged my friend to transfer into the online investment plan using Bitcoin.  The fradulent so called friend assured and promised my friend it was legitimate and extremely profitable.  The investment was tracked online and immediately soared, but you find out later, that you are unable to take out the profits until it "matures" for a few weeks.  When you try to take it out later, they inform you that you have to invest more to reach a higher tier.  You try to take it out and then find your account closed.   A closer investigation of the website creators on "WhoIs.com" reveals it is out of Lagos Nigeria. You will also notice slight punctuation and grammatical errors, and no Board of Directors to contact.

Since the company says it is in Newark, N.J. but is out of the U.S., plus the money transfer was in Bitcoin, there appears to be no likelihood of recovery.