LST Alliance Review – Live Secure Trade, Multi-Domain Pig-Butchering Scheme & IPX Exchange Risk

LST Alliance, also known as Live Secure Trade, is linked to a coordinated crypto investment operation that has repeatedly changed domain names while maintaining the same underlying structure. The operation is associated with social-engineering recruitment, signal-based trading promises, and withdrawal obstruction, a pattern widely recognized as pig-butchering investment fraud.

This review documents the structure, key individuals, platform usage, and risk indicators connected to LST Alliance.

Multiple Domains and Identity Shifting

LST Alliance has operated under several domain names, including:

• lstgroup.site
• lst-ic.com
• lst-inc.org

Frequent domain changes are a critical risk signal. Legitimate financial platforms do not need to rotate domains to continue operations. Domain cycling is commonly used to evade detection, consumer warnings, and enforcement actions once complaints begin to surface.

Despite the changing URLs, the operational model and presentation remained consistent.

Recruitment Structure and Authority Figures

The operation relied heavily on authority framing and named leadership to establish credibility. Individuals presented within the group included:

1. Charles Bennett – introduced as a “Professor”
2. Kevin Thomas – introduced as a “Professor”
3. Sophia Larsen – acting as administrator and daily coordinator

The use of academic titles and professional-sounding roles is a common trust-building tactic in pig-butchering schemes. These figures were portrayed as experienced market experts providing guidance, strategy, and oversight.

No independently verifiable public records, regulatory filings, or professional credentials were provided to confirm these identities or their claimed roles.

Trading Platform: IPX Exchange and IPXN Max App

Participants were directed to trade through a platform referred to as IPX Exchange, with the associated trading application reportedly named IPXN Max.

The platform displayed:

• account balances
• trading activity
• profit growth over time

However, there is no evidence that IPX Exchange operates as a regulated or independently verifiable exchange. Users did not retain custody of their funds, and balances appeared to exist only within the platform’s internal system.

When a platform controls both the displayed profits and the ability to withdraw, users are exposed to complete platform dependency.

Pig-Butchering Operational Pattern

The behavior associated with LST Alliance closely follows the pig-butchering model:

1. recruitment through private groups or messaging
2. trust-building via “professors” and administrators
3. guided or signal-based trading
4. consistent profit display within the platform
5. encouragement to increase capital
6. withdrawal attempts triggering restrictions or conditions
7. eventual denial of access to funds

This structure is designed to maximize deposits over time while preventing meaningful withdrawals.

Withdrawal Restrictions and Escalation

Reports associated with LST Alliance indicate that once accounts reached higher balances, withdrawals became restricted or blocked. Users were often told that additional requirements, verifications, or steps were needed before funds could be released.

Such conditions were introduced after funds were deposited and profits displayed, not at onboarding. This retroactive rule enforcement removes informed consent and is incompatible with legitimate trading platforms.

Transparency and Regulatory Gaps

LST Alliance / Live Secure Trade does not disclose:

• a registered corporate entity
• regulatory licensing or authorization
• jurisdiction of operation
• verifiable management or compliance contacts

In addition, the repeated use of new domains makes accountability extremely difficult for affected users.

Risk Indicator Summary

LST Alliance exhibits multiple severe risk indicators, including:

• repeated domain switching
• authority-figure impersonation (“Professors”)
• centralized platform control over funds
• proprietary trading app with no public verification
• withdrawal obstruction
• classic pig-butchering investment mechanics

These indicators are consistently associated with organized crypto investment fraud.

Final Assessment

LST Alliance, operating under the name Live Secure Trade and multiple domain identities, does not meet the standards of a legitimate investment or trading operation. The structure, behavior, and platform control mechanisms align with pig-butchering crypto scams designed to extract funds while blocking withdrawals.

Risk Level: Extremely High
ForteClaim Status: Flagged – Severe Investor Risk