elev8.com

I was already severely damaged in the Octa environment, with losses well into six figures. Given the

I was already severely damaged in the Octa environment, with losses well into six figures. Given the public history surrounding Octa, I had hoped Elev8 would clearly prove that it is different and would not continue the same kind of troubling conduct.

Instead, after finally recovering part of my historical losses through successful trading, my withdrawal requests have now been rejected and transactions on my account have been restricted during an internal review. The amount at issue is significant ($70k).

I submitted the requested KYC documents in full. Support then confirmed that my documents had been received, that nothing further was required from my side, and that my funds were safe. My first email was sent on 5 April 2026. As of 9 April 2026, I still have no substantive email reply, no proper explanation, and no concrete resolution timeline.

Another highly troubling point is that, despite previous assurances, I still cannot withdraw by bank transfer and appear to be pushed toward crypto-only withdrawal options instead. In light of the past public allegations associated with the wider Octa environment, this raises even more serious concerns and does nothing to build trust.

What makes this even more alarming is that I have now come across multiple very similar complaints from other users describing denied withdrawals, prolonged reviews, restrictions, and repetitive support responses.

If Elev8 truly wants to be seen as different from the Octa past, then this is the moment to show it through actions, not scripted reassurances.

I expect immediate clarification, restoration of withdrawal access, including by normal bank transfer, and a transparent resolution without further delay. I will update this review if the matter is properly resolved.

UPDATE AND RESPONSE 10.04.

Elev8’s reply still avoids the actual issue.

My withdrawal was declined, transactions on my account were restricted, and since my first email on 5 April 2026 I still have not received a real written explanation. Live chat has produced nothing except scripted stalling.

What is especially troubling is that this is now being widened into a review of “account activity” rather than remaining a simple KYC check. That creates the clear impression that KYC was used first to freeze the account, and that the process is now being expanded after the fact because my trading finally moved back in my favour.

The public record from the Octa past makes this impossible to ignore. If Elev8 wants to claim it is different, it should stop hiding behind PR language and resolve the case properly.

I expect an immediate written clarification, full restoration of withdrawal access, including bank withdrawal, and an end to these generic responses.

Based on this experience, I would strongly caution anyone against depositing funds with Elev8.

Date of experience: Apr 09, 2026