Chobes Digital Assets (chobes.com), paired with Searel Investment Alliance, is named in a Washington State DFI fraud alert. Victims report FinCEN MSB marketing, blocked withdrawals, and five-figure losses.
Editorial note: This page compiles publicly reported user complaints and available regulatory information about Chobes. We recommend verifying all claims independently using the official regulatory links provided below. If you have been defrauded by this platform, report it immediately using the guidance at the bottom of this page.
Chobes claims millions of users and cites FinCEN MSB registration. Washington DFI warned in March 2026 that Chobes and Searel Investment Alliance may be engaged in fraud.
Independent case write-ups describe a Texas victim losing about $70,000 including personal loans after withdrawal access required further payments that never released funds.
Act Here conducts deep-dive discovery and is prepared to litigate where the facts support it.
User complaints about Chobes have been documented on Trustpilot. Act Here conducts deep-dive discovery and is prepared to litigate where the facts support it.
"Washington State Department of Financial Institutions issued a public fraud alert naming CHOBES and Searel Investment Alliance."
"MSB registration is a reporting status, not authorisation to run a retail investment platform or protect customer funds."
"Documented cases describe polished dashboards then refusal to release funds unless further payments were sent."
Before trusting any broker or trading platform with your funds, verify their regulatory status using these official databases:
Do not make any further payments to Chobes or any representative claiming to act on its behalf. Preserve evidence and instruct counsel to assess civil options; Act Here is prepared to litigate where appropriate.
Some fraudulent platforms copy the name, registration number, or branding of legitimate regulated firms. Always verify the exact URL, phone number, and contact details against the official regulator's website, not information provided by the firm itself.
If you have lost money to this platform, take these steps immediately:
Recovery depends on how payment was made and how quickly you act. Bank transfers reported within 24-48 hours have the best chance of recall. Card chargebacks and challenge-fee disputes may also be available depending on your issuer. Cryptocurrency is harder but documentation still matters. Our litigation team can assess civil options for your specific situation. We don't just negotiate; we are prepared to litigate. Our team conducts independent investigations to build a case strong enough for trial. Book a consultation for a confidential case assessment.
We do not make a blanket legal finding on this page. We compile publicly reported user complaints and regulatory signals about Chobes. Verify the firm on official registers, read primary Trustpilot evidence, and treat unpaid withdrawals and missing regulatory authorisation as serious red flags.
Contact your bank or card issuer immediately, report to Action Fraud, and file with the FCA if the firm targeted UK consumers. Keep screenshots, TXIDs, and all chat logs. For material losses, book a consultation with UK litigation counsel.
Do not respond or send any more funds. Document the contact and report it to your fraud authority. Act Here conducts deep-dive discovery and is prepared to litigate where the facts support it; we handle both settlements and court proceedings.
Our UK litigation counsel can assess civil options for your matter. We don't just negotiate; we are prepared to litigate.
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