Cbebit.com and Cbebitex.com Are Crypto Scam Platforms Masquerading as Options Trading Exchanges
As cryptocurrency adoption spreads, so do scams that exploit trust, technology, and ignorance of the space. Two platforms recently flagged for suspicious activity and reported financial fraud are Cbebit.com and Cbebitex.com. These platforms present themselves as sophisticated crypto options trading exchanges, but behind the façade lies a manipulation scheme designed to drain unsuspecting users of their digital assets.
This blog will break down the exact tactics used in this scam, detail real victim experiences, and offer recovery advice through services like Forteclaim Firm, which specializes in cryptocurrency fraud recovery.
The Setup: Cbebit.com and the Fake Options Trading Educatio
A recent victim was introduced to Cbebit.com by an individual named Gary Bai (“Bai”), who contacted them via WhatsApp. Bai claimed to be a professional trader with expertise in options trading and crypto market analysis.
He positioned himself as a mentor, offering to teach the investor how to read “K graphs” and how to time entries for “buy long” or “buy short” trades on Cbebit. The investor, believing Bai to be knowledgeable and experienced, began following his trading advice through the Cbebit platform.
Bai would message instructions in real-time, such as which cryptocurrencies to swap, what positions to take, and when to enter or exit trades. All actions were directed through the Cbebit dashboard — giving the illusion of real, live options trading.
The Reality: A Fabricated Platform and a Coordinated Scam
What the investor didn’t realize is that Cbebit.com and Cbebitex.com are not legitimate crypto trading platforms. There is no evidence of actual trading or market activity. Instead, both websites are designed to mimic real exchanges, but all actions and “profits” shown are fake.
Victims are shown fabricated dashboards that simulate profits or losses, all controlled by the scammers behind the scenes. The trading interface is entirely manipulated to reinforce trust and encourage larger deposits.
Bai’s real purpose was not to teach, but to control the investor’s actions, build psychological trust, and drain funds.
How the Scam Works Step-by-Step
- Initial Contact via Messaging Apps
The scammer initiates contact through WhatsApp, pretending to be a trader or financial advisor. - Builds Trust Through Education
The scammer offers to teach victims how to options trade, focusing on reading charts, analyzing K-lines, and executing “buy long” or “buy short” strategies. - Encourages Small Wins
Early trades directed by the scammer appear profitable to lure the victim into investing more. - Pushes Larger Deposits
Once trust is secured, the scammer pressures the victim to deposit larger amounts, promising bigger returns. - Blocks Withdrawals
When the victim attempts to withdraw, the system either glitches, requests fake taxes or fees, or disables account access completely. - Disappears
Once the scammer has extracted maximum value, communication stops. The websites may go offline or block the user entirely.
Red Flags to Watch For
- Platform is not listed on CoinMarketCap or any major exchange aggregator
- No public-facing team, licensing, or legal entity information
- Unrealistic profits and guarantees with options trades
- Instructions given via messaging apps by unknown individuals
- No withdrawal transparency or automated wallet activity
If You’ve Been Scammed by Cbebit or Cbebitex
Time is critical in crypto scam cases. If you’ve deposited funds into either platform, here’s what to do next:
- Document Everything
Save chat logs with Gary Bai or other contacts, screenshots of the dashboard, transaction records, wallet addresses, and emails. - Report the Fraud
File complaints with your local cybercrime agency, the crypto exchange where you initially sent the funds, and financial fraud watchdogs. - Contact a Crypto Recovery Specialist
This is where We comes in. They specialize in helping scam victims recover funds lost in crypto trading fraud. With a proven track record in scam tracing, blockchain analytics, and legal recovery support, Forteclaim Recovery Firm is a key resource for anyone impacted by Cbebit’s manipulation scheme.
If you’ve been manipulated by someone like Gary Bai or a fake trader promoting Cbebit.com, you’re not alone — and you do have options.
How to Protect Yourself from Future Crypto Scams
- Never trust unsolicited trading offers or mentorships via WhatsApp or Telegram
- Always research the platform before depositing — check regulation, user reviews, and domain history
- Avoid platforms that don’t allow direct wallet withdrawals or that control all trading actions
- Use only regulated and verified exchanges (Binance, Kraken, Coinbase)
- Be skeptical of “too good to be true” results, especially in options trading
Final Warning
Cbebit.com and Cbebitex.com are coordinated scam platforms using psychological manipulation, fake education, and simulated trading environments to steal crypto. The use of fake experts like “Gary Bai” is part of a well-scripted playbook designed to exploit trust and financial vulnerability.
If you’ve been affected, act fast. Document the fraud, report the incident, and contact Forteclaim Recovery Firm to explore your recovery options. With the right help, your loss can become a case — and your voice can warn others before it’s too late.