DefxReviews of defx.com

Do not recommend. DefX leadership/management took my funds and scammed me.

Please do not interact with this company. These are fraudulent people, only out there to steal you're money. Better be safe then sorry folks.

To those considering utilizing Defx, a platform created and run by serial scammers Darshan Bathija and Sanju Sony Kurian…I beg of you to stop and reconsider. Darshan and Sanju are responsible for destroying thousands upon thousands of lives through their failed crypto businesses over the years…most recently Vauld. Vauld unexpectely froze all of its users funds on July 4, 2022 due to a severe lack of liquidity and its horrific financial situation. However…just days before this, CEO Darshan had emailed all Vauld users saying there was no liquidity crisis and that they were continuing business as usual. As time went on, Vauld misled its customers into approving a recovery scheme that has recovered ZERO funds to this date, and has been milking all available funds to pay their own salaries and a new business. There has been a complete lack of transparency in the various legal battles Vauld is fighting, which have even included being accused by India’s Enforcement Directorate of assisting with money laundering through the Vauld platform. It was also revealed that the collapse of Vauld was not the “crypto winter,” but rather Darshan and Sanju’s reckless behavior with creditors’ money…for example, they had advertised that all loans made with creditor funds were backed by 150% collateral, when in reality, it was ZERO collateral. This caused the majority of creditor funds to be lost and locked away with various counterparties. To this day, Vauld creditors have not been repaid, and Darshan and Sanju are trying to start another scam business with Defx. As a victim of their Vauld scam, I beg of you to avoid them at all costs.

The founder is a scammer who was trading with user funds at his last venture. And here he is again trying to loot people! Would not recommend this product at all

Really an awful experience dealing with this company. Of course that is not a surprise, because one of the founders, Darshan Bathija, owes from Vauld, his most recent failure, millions of dollars. Everyone should be careful involving themselves in any way, shape or form with Darshan Bathija. He sent a letter to all Vauld creditors back in June 2022 telling them everything is perfectly fine. Everyone's funds were locked up just a couple weeks later. This has been devastating and hurtful to thousands upon thousands of people. And the only thing Darshan has done is skulk away and attempt to set up a new shop where he will undoubtedly try to defraud more people. Anyone can research this and check it out for themselves if they are so inclined. But be careful dealing with Darshan. He is not a legitimate businessman, is as dishonest as they come, and only thinks about and cares about himself. When you think about it, it's interesting that the letters for his new company literally spelled out the word Defects.

Darshan Bhatija is a Fraud. Used FinInfluencers to create a hype about Vauld and defrauded millions. Now he is hopping to another level and repeating his scam circus. Beware guys and do not participate in any which way with companies like DeFx

I cannot believe this team of scammers after losing thousands of Vauld's clients' money has started another venture. Please be extra careful dealing with such entity operated by team with such track record. Go research and verify the team credential online and you will know what I mean.

Vauld, Bank of Hodlers, Darshan Bathija the CEO has destroyed the lives of many of his customers. People lost their life savings putting their trust in Bathija. With the help of the firm Kroll, any assets left are being bled out to pay over $10 million since July 2022 while the creditors have received $0. DO NOT TRUST THESE PEOPLE.