I am publishing this to document my personal experience with GhostSwap and to help others make informed decisions. This post is based on my personal experience and publicly available blockchain data.

    Swap ID: 41gf6aamcb79iw8o
    Amount: 12.44100000 ETH
    Date: 24 May 2026
    My wallet: 0x8520cc42c1a3500e82c77079d345f5425ca4c907
    Transaction hash: 0xc22d4d100c5589179ee7c0808dea02cf034a9b5c92433eb1f2c4d0c7f27a71fe

    What happened:

        I sent 12.441 ETH to GhostSwap for a swap on 24 May 2026.

        The funds were received, but the swap has not been executed.

        I completed full KYC verification via SumSub and provided source-of-funds documentation.

        Since then, support has only responded with "no updates" and has not provided timelines or a resolution.

    Blockchain observation:

        The transaction flow shows that the funds were forwarded to an address associated with HitBTC.

        When I asked GhostSwap about this, they stated that HitBTC is not holding my funds.

        If this is correct, it raises questions about who currently has control over the funds and the execution path of the swap.

    Key inconsistencies:

        GhostSwap's marketing materials describe the service as "KYC-free by default" with most swaps processed without verification. In my case, full KYC was required and funds remain unresolved.

        Their Terms state that GhostSwap is non-custodial and does not hold user funds, yet my funds have been pending for over a month.

        Blockchain data indicates routing through a HitBTC-associated address, while GhostSwap denies custody or control at that stage.

        I requested disclosure of the licensed processing partner responsible for my transaction, but received no answer.

        I sent a formal request to both support and legal contacts, with no response so far.

    Actions I have taken:

        Completed KYC via SumSub (25 June 2026)

        Submitted source-of-funds documentation

        Submitted formal requests to support and legal contacts

        Filed public reports on Trustpilot and KYCnot.me

    My goal: To recover my 12.441 ETH or complete the requested swap.

    I will update this thread as the situation develops.

Quote from: RedFlix on August 11, 2026, 11:49:23 PM

Quote from: Benedesuuuk on August 11, 2026, 06:17:41 PM

@OrangeFren , Could you please let me know—are you currently in contact with GS? GS hasn't responded for almost three weeks now—what's the status of their deposit with you?

Or maybe someone else is in touch with GS?

No activity recorded for GS since his last post in this thread. Orangefren and Murat are the ones eligible to interact with your case because both are in partnership with GS. While I believe in Orangefren integrity, I've lost all hopes that Murat isn't intentionally involved with GS scam exchange.

@Murat You deserve the negative trust.

I'll hope they'll at least say something

@Murat , @OrangeFren , Are you here ?

Quote from: Benedesuuuk on August 14, 2026, 08:41:38 AM

@Murat , @OrangeFren , Are you here ?

I don't think they can help you much. Orangefren turned off Ghostswap from monitoring and that's probably the most they can do. Obviously, GS accepted the loss coming from that side, and OF cannot force them to do anything.
@murat is only a campaign manager and also probably has little influence on the business of a service he promotes. The fact that he did not more carefully check the accuracy of what he promoted is a completely different matter.

Unfortunately, it seems that here (as in many similar cases) you are alone in this struggle, and that is a general problem in such cases.

So what happens to the escrowed funds at Orangefren now that they can't help the victims of a service that falsely advertised itself as a no-KYC exchange?
They have delisted the service from the platform. Do they return the funds to the service and don't help the victim?
I see a loophole being exploited by other scammers right there.

Quote from: Benedesuuuk on August 11, 2026, 06:17:41 PM

@OrangeFren , Could you please let me know—are you currently in contact with GS? GS hasn't responded for almost three weeks now—what's the status of their deposit with you?

Or maybe someone else is in touch with GS?

Yes, they continue to respond to us, albeit with a delay

Quote from: JeromeTash on August 14, 2026, 08:06:16 PM

So what happens to the escrowed funds at Orangefren now that they can't help the victims of a service that falsely advertised itself as a no-KYC exchange?
They have delisted the service from the platform. Do they return the funds to the service and don't help the victim?
I see a loophole being exploited by other scammers right there.

From what I understood, they only refund with the escrow money if you use the swap with the link from the Orangefren. In the case when you go directly to the ghostswap website, there is money to save him

Quote from: OrangeFren on August 14, 2026, 08:27:58 PM

Yes, they continue to respond to us, albeit with a delay

But with any new information? Because to answer only "we are working on this" and "we can not give more information at this moment" it's the same as nothing.

Quote from: OrangeFren on August 14, 2026, 08:27:58 PM

Quote from: Benedesuuuk on August 11, 2026, 06:17:41 PM

@OrangeFren , Could you please let me know—are you currently in contact with GS? GS hasn't responded for almost three weeks now—what's the status of their deposit with you?

Or maybe someone else is in touch with GS?

Yes, they continue to respond to us, albeit with a delay

Could you please ask them to reply to me for the first time in three weeks? I suspect they've just blocked me—they don't even read my messages on Telegram.

Quote from: JeromeTash on August 14, 2026, 08:06:16 PM

So what happens to the escrowed funds at Orangefren now that they can't help the victims of a service that falsely advertised itself as a no-KYC exchange?
They have delisted the service from the platform. Do they return the funds to the service and don't help the victim?
I see a loophole being exploited by other scammers right there.

Yes, I've already written about this—that this could be a sweet spot for scammers. For example, we create a website and state that it's “No KYC,” then advertise on orangeFren and other services where victims are paid out only if they made the exchange via their link, and wait for people who will exchange large sums of money. If we see that they didn’t exchange via the link, we can block the exchange and say that the funds will be under review for, say, 10 years. Profit.

@OrangeFren,  I strongly urge you not to return the deposit to GS until they have returned my funds. As they said, my funds are under suspicion for some reason; if that is the case, I am waiting for a document confirming that these funds have been seized by law enforcement, along with the contact information for the relevant law enforcement agencies so I can reach out to them for clarification and to potentially assist with the investigation. For now, this looks like fraud on GS’s part.

Quote from: Benedesuuuk on August 15, 2026, 07:49:05 AM

@OrangeFren,  I strongly urge you not to return the deposit to GS until they have returned my funds. As they said, my funds are under suspicion for some reason; if that is the case, I am waiting for a document confirming that these funds have been seized by law enforcement, along with the contact information for the relevant law enforcement agencies so I can reach out to them for clarification and to potentially assist with the investigation. For now, this looks like fraud on GS’s part.

We're in no rush to return them their deposit. For what it's worth they haven't requested it back either.

Quote from: OrangeFren on August 16, 2026, 10:35:31 AM

Quote from: Benedesuuuk on August 15, 2026, 07:49:05 AM

@OrangeFren,  I strongly urge you not to return the deposit to GS until they have returned my funds. As they said, my funds are under suspicion for some reason; if that is the case, I am waiting for a document confirming that these funds have been seized by law enforcement, along with the contact information for the relevant law enforcement agencies so I can reach out to them for clarification and to potentially assist with the investigation. For now, this looks like fraud on GS’s part.

We're in no rush to return them their deposit. For what it's worth they haven't requested it back either.

Thank you very much. So I'll just keep waiting for a response from GS. I don't know when they'll get in touch with me, but I hope it happens sooner or later, because they haven't even read my messages for three weeks.

Quote from: OrangeFren on August 16, 2026, 10:35:31 AM

Quote from: Benedesuuuk on August 15, 2026, 07:49:05 AM

@OrangeFren,  I strongly urge you not to return the deposit to GS until they have returned my funds. As they said, my funds are under suspicion for some reason; if that is the case, I am waiting for a document confirming that these funds have been seized by law enforcement, along with the contact information for the relevant law enforcement agencies so I can reach out to them for clarification and to potentially assist with the investigation. For now, this looks like fraud on GS’s part.

We're in no rush to return them their deposit. For what it's worth they haven't requested it back either.

Good afternoon! Could you please message the exchange (GhostSwap) and ask them to unblock me on Telegram? (As I mentioned earlier, they haven't read my messages on Telegram for over three weeks.)

Quote from: Trêvoid on July 03, 2026, 03:14:32 PM

I’m also small amount of security deposit holder for GhostSwap. Why didn’t even reach me before doing that swap? I would’ve helped you swap those amounts easily. I wish you’d contacted me first.

Sorry about that.

Also, I’m reaching out to GhostSwap to see how it works, going to check it out now.

Trêvoid, have you ever received a concrete answer from Ghostswap regarding this case? Can you check what their current position is on this, if you still have a partner relationship and maintain communication?
Given that they don't seem worried about being removed from Orangefren, I see no room for optimism in this case.

Quote from: examplens on August 20, 2026, 08:54:42 AM

Quote from: Trêvoid on July 03, 2026, 03:14:32 PM

I’m also small amount of security deposit holder for GhostSwap. Why didn’t even reach me before doing that swap? I would’ve helped you swap those amounts easily. I wish you’d contacted me first.

Sorry about that.

Also, I’m reaching out to GhostSwap to see how it works, going to check it out now.

Trêvoid, have you ever received a concrete answer from Ghostswap regarding this case? Can you check what their current position is on this, if you still have a partner relationship and maintain communication?
Given that they don't seem worried about being removed from Orangefren, I see no room for optimism in this case.

Hi, examples.

On Jul 29, 2026, GS replied in my directory and also mentioned that

Quote

We are in direct contact with the user and still working on it, and a resolution will be posted when there is one.

https://kycnone.com/threads/ghostswap-swap-pending-after-kyc.35/post-98

I’m writing again to GS to share an update regarding this case.

Quote from: Trêvoid on August 20, 2026, 09:13:24 AM

Hi, examples.

On Jul 29, 2026, GS replied in my directory and also mentioned that

Quote

We are in direct contact with the user and still working on it, and a resolution will be posted when there is one.

https://kycnone.com/threads/ghostswap-swap-pending-after-kyc.35/post-98

I’m writing again to GS to share an update regarding this case.

Obviously, they are not even in contact anymore, since Benedesuuuk complains that he is blocked on Telegram from their side.