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Case File · CV-2024-0205 · AI Arbitrage Bot · Operator: UAGTrade

Numbers That Only Went Up: Mapping a AUD 112,000 “AI Bot” Account on UAGTrade

A Brisbane tradesman was sold an “AI arbitrage bot” on UAGTrade that posted flawless daily gains — until the day he tried to take the profits home.

OperatorUAGTrade
VectorFake AI arbitrage bot
InstrumentUSDT (TRC-20)
LossAUD 112,000
Mapped In6 weeks
RecoveredAUD 89,600 · 80%

The Terrain

Dale was introduced to UAGTrade through a Facebook investing group as a platform whose “AI arbitrage bot” earned 2–3% a day with “no losing days.” A demo proved it; a small live deposit paid out a real withdrawal. The flawless, never-down equity curve is the tell — real markets do not behave that way — but it is also exactly what makes the bot believable.

Over six weeks Dale fed the bot AUD 112,000 in USDT.

Where the Trail Forked

When he tried to withdraw a chunk to clear a mortgage payment, UAGTrade locked the “active strategy” and demanded a “capital-gains pre-payment” before releasing anything. The number on the dashboard was never real; it was a figure designed to keep him depositing.

No losing days — that should have been the warning. I read it as the reason to trust them.

Charting the Flow

A fabricated dashboard hides real money moving off the platform. Here is the route it took.

  • Established the deposits

    We anchored every USDT transfer from Dale’s wallet to UAGTrade as the start of the map.

  • Exposed the fiction

    We showed there was no on-chain trading at all behind the “bot” — deposits were simply collected and moved.

  • Traced the consolidation

    Funds pooled with other UAGTrade depositors and split toward two off-ramps; one route used a swap service, the other a centralized exchange.

  • Targeted the recoverable leg

    The exchange-bound tranche still held attributable balances, so we built the freeze case around it.

  • Filed and followed through

    A timestamped report and freeze request led the exchange to hold the funds; restitution followed verification.

At Journey’s End

AUD 89,600 recovered — 80% of the loss

The swap-routed portion thinned beyond a confident freeze, but the larger exchange-bound leg was still warm and recoverable. Reporting within weeks of the first blocked withdrawal is why this landed at 80% rather than a fraction of it.

Marks on the Map

  • “No losing days” and fixed daily percentages do not exist in real trading.
  • A demo that always wins and one small successful withdrawal are standard confidence-builders.
  • “Strategy locks” and capital-gains pre-payments are invented to keep you depositing.
  • If the platform’s “trades” never appear on-chain, there are no trades.

Sold an “AI bot” that only ever goes up, like UAGTrade? The deposits are real even when the dashboard isn’t. Let us map where they went.

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