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Open Markets is recorded on the SARFund database as a reported recovery-scam impersonator. The case is currently in multi-victim pooled review and has been assigned for coordination with the recovery counsel handling this matter.

Across the verified submissions, three red flags repeat: the broker used unregulated celebrity endorsements, demanded “tax” or “verification” fees before withdrawal, and rebranded under multiple domains in succession. None of these are unique to Open Markets — they are the structural fingerprint of this scam typology.

Public chatter on Facebook group reports, direct victim submissions through SARFund and Google Search complaints shows the same recurring complaint structure: deposits go in, dashboard “earnings” appear, withdrawal requests trigger fee demands, and contact eventually goes silent.

What victims should do

If you deposited funds with this platform, file a claim with SARFund as soon as possible. Provide transaction hashes, wallet addresses, deposit dates, and any communication with the operator (Telegram, WhatsApp, email). The fresher the evidence, the higher the chance of a successful trace.

Redaction policy

SARFund publishes the existence and status of each case but withholds operationally sensitive details. The recovery partner identity, exact victim count, recovered amount, and tagged wallet addresses are released only to verified claimants once the claim form is submitted and matched.

If you deposited with Open Markets, your case may already be on file. Submit your evidence to be matched and connected privately with the recovery team handling this matter.

SARFund does not guarantee recovery. All recovery actions are conducted by independent partners. Submission is free. SARFund is an intermediary case registry, not a recovery firm.

🛡 Not sure about a broker? Check it against the SARFUND registry of 10,168+ reported scam brokers before you deposit.Check the registryFile a claim