Urbixas.com & Michael Schmidt Investigation
Case Type: Cryptocurrency Scam / Recovery Scam / Romance Scam
Case ID: CASE-2026-003
Investigation Status: Open
Published: August 2026
Investigated By: Cyb3rsect
Executive Summary
Cyb3rsect.com has opened an investigation into Urbixas.com and the individual identified as Michael Schmidt following an official consumer alert issued by the Washington State Department of Financial Institutions (DFI), Securities Division.
The DFI published its alert on June 3, 2026, identifying the subjects as Urbixas.com; Michael Schmidt and classifying the matter as a Recovery Scam and Cryptocurrency Scam.
According to the DFI alert, the agency received a complaint from an investor who reported being introduced to an alleged cryptocurrency investment opportunity by an individual using the name Michael Schmidt, who reportedly claimed to be a broker living in Chicago.
The investor reported losing approximately $43,500 through the original cryptocurrency investment opportunity.
After the investor concluded that the original investment platform was likely fraudulent, the investor reportedly located Urbixas.com while searching online for assistance recovering the funds.
The investor subsequently communicated with individuals identifying themselves as Mark Cooper and Kevin Marsh, who allegedly claimed they could recover the investment.
According to the complaint summarized by DFI, the investor was asked to pay multiple verification fees totaling more than $50,000 and remained unable to recover the original investment.
DFI states explicitly that the factual details and reported losses in the complaint have not been verified by the agency.
This distinction is maintained throughout our investigation.
Investigation Status: OPEN
1. Subjects Identified
The official DFI alert identifies:
Urbixas.com
and
Michael Schmidt
The alert also identifies two individuals associated with the reported recovery effort:
Mark Cooper
Kevin Marsh
The names above are presented because they appear in the official DFI consumer alert.
Their inclusion in this report does not independently establish their identities, roles or responsibility for the alleged conduct.
2. Official Regulatory Warning
The Washington State Department of Financial Institutions issued an official alert concerning Urbixas.com on June 3, 2026.
DFI describes Urbixas as claiming to be a blockchain consulting company offering:
- Wallet integration
- Verification services
- Cryptocurrency recovery services
The agency states that it received a complaint concerning Urbixas and the alleged recovery of cryptocurrency investment funds.
DFI classified the case under:
Recovery Scams
and
Cryptocurrency Scams
The agency lists a reported loss of $50,000. (Department of Financial Institutions)
3. The Alleged Initial Investment
According to the DFI alert, the investor first encountered an investment opportunity through an individual identified as Michael Schmidt.
The investor reportedly met Schmidt on a dating website.
According to the complaint summarized by DFI, Schmidt described himself as a broker living in Chicago and encouraged the investor to withdraw money from investment accounts and obtain loans to participate in short-term cryptocurrency trades.
The investor reportedly invested approximately $43,500.
When the investor later attempted to withdraw the funds, the money was allegedly frozen.
These details originate from the consumer complaint reported to DFI and have not been independently verified by DFI.
4. The Alleged Recovery Operation
After concluding that the original cryptocurrency investment opportunity was likely fraudulent, the investor reportedly searched online for a cryptocurrency recovery service.
The investor subsequently found Urbixas.com.
According to the DFI alert, the investor then communicated with two individuals identifying themselves as Mark Cooper and Kevin Marsh.
The individuals allegedly claimed they could assist in recovering the investment.
The investor was reportedly asked to pay verification fees multiple times.
According to the complaint, the fees eventually exceeded $50,000.
Despite those payments, the investor reported that the original cryptocurrency investment was still not recovered. (Department of Financial Institutions)
5. The Alleged Recovery-Scam Pattern
The publicly reported sequence can be summarized as:
Initial cryptocurrency investment opportunity
↓
Investor transfers approximately $43,500
↓
Withdrawal allegedly becomes unavailable
↓
Investor searches for cryptocurrency recovery assistance
↓
Urbixas.com is located
↓
Recovery representatives allegedly make contact
↓
Verification fees allegedly requested
↓
More than $50,000 reportedly paid in recovery-related fees
↓
Original investment reportedly remains unrecovered
This alleged sequence is particularly important because recovery scams can target people who have already suffered an investment loss.
6. Why Recovery Scams Are Particularly Dangerous
A person who has already lost money to an investment scam may actively search for someone who can recover the funds.
That creates a second opportunity for fraudsters.
A recovery operation may claim to have:
- Blockchain tracing capabilities
- Government contacts
- Legal authority
- Exchange relationships
- Wallet recovery technology
- Special access to frozen cryptocurrency
- International investigators
- Proprietary recovery systems
Consumers should independently verify such claims before paying any recovery fee.
A legitimate investigation may identify where cryptocurrency moved, but blockchain tracing does not automatically mean cryptocurrency can be recovered.
7. Additional Websites Identified by DFI
The Washington State DFI alert states that its review of contact information associated with Urbixas revealed several other websites that were considered potentially fraudulent.
The alert specifically names:
theprimesetltd.com
and
snapfindsco.com
DFI’s language describes these websites as potentially fraudulent.
Our investigation does not assume that the domains are operated by the same entity without additional evidence.
Any relationship between these websites and Urbixas remains a subject for further investigation. (Department of Financial Institutions)
8. Contact Information Reported by DFI
The DFI alert associates Urbixas with:
Phone: (833) 664-8230
Email: support@onchain-support.info
This information is reproduced because it appears in an official government consumer alert.
The presence of contact information in a government warning does not independently establish who controlled the phone number or email account.
9. Evidence Classification
For this investigation, we classify the available information as follows.
VERIFIED
- Washington State DFI published an official consumer alert dated June 3, 2026.
- The alert identifies Urbixas.com and Michael Schmidt.
- DFI categorizes the case as a cryptocurrency scam and recovery scam.
- The alert identifies Mark Cooper and Kevin Marsh as individuals the investor reportedly communicated with.
- DFI reports a claimed recovery-related loss exceeding $50,000.
- DFI states that the underlying factual details and losses have not been verified.
REPORTED
- Michael Schmidt allegedly introduced the investor to the original cryptocurrency investment.
- The investor allegedly invested approximately $43,500.
- The original investment was allegedly frozen when the investor attempted to withdraw it.
- Urbixas was allegedly located while the investor searched for recovery assistance.
- Recovery fees were allegedly requested multiple times.
UNVERIFIED
- The true identities of all individuals involved.
- The ownership and control of Urbixas.com.
- The ultimate destination of the reported payments.
- Whether cryptocurrency was transferred to wallets controlled by the alleged recovery operation.
- Whether the reported individuals are connected to other websites.
- Whether any funds can be recovered.
10. Blockchain Forensics Opportunity
This case demonstrates why blockchain evidence can be important in cryptocurrency investigations.
If affected investors possess:
- Wallet addresses
- Transaction hashes
- Exchange receipts
- Blockchain transaction records
- Deposit addresses
- Withdrawal addresses
investigators may be able to reconstruct portions of the transaction history.
Potential analysis can include:
- Transaction dates
- Amounts transferred
- Sending addresses
- Receiving addresses
- Subsequent wallet movements
- Interaction with exchanges
- Relationships between blockchain addresses
However, blockchain analysis alone does not identify the person controlling a wallet.
Attribution generally requires additional evidence.
11. Romance Scam Element
The DFI account is also notable because the investor reportedly met Michael Schmidt through a dating website.
The complaint describes Schmidt as someone who claimed to be a broker and allegedly encouraged the investor to obtain funds for short-term cryptocurrency trades.
This reported combination of:
online relationship → financial trust → investment opportunity → cryptocurrency transfer
is a known risk pattern associated with romance and investment scams.
However, we describe the conduct as reported or alleged unless independently established.
12. Warning Signs Identified
The case contains several warning indicators that consumers should take seriously:
- An investment opportunity introduced through an online relationship.
- Encouragement to borrow or withdraw money for cryptocurrency trading.
- Cryptocurrency funds allegedly becoming inaccessible.
- A subsequent search for recovery assistance.
- A recovery service allegedly requesting repeated verification fees.
- More than $50,000 reportedly paid for recovery-related fees.
- The original investment reportedly remaining unrecovered.
Consumers should be particularly cautious when someone requests additional money to recover money that has already been lost.
13. Investigator’s Assessment
The existence of an official Washington State DFI warning makes Urbixas.com a significant subject for further investigation.
The strongest evidence currently available is not an anonymous review or social-media allegation.
It is an official consumer alert issued by a state financial regulator.
At the same time, DFI explicitly states that the factual details and reported losses in the complaint have not been verified.
Cyb3rsect.com therefore does not present the allegations as established criminal conduct.
Instead, we classify the investigation as:
INVESTIGATION STATUS: OPEN
EVIDENCE STATUS: OFFICIAL REGULATORY ALERT / UNDERLYING ALLEGATIONS NOT INDEPENDENTLY VERIFIED
The reported sequence also demonstrates a particularly serious risk: an individual who has already lost money to an alleged cryptocurrency investment scam may subsequently become a target for a second recovery scam.
14. Have You Encountered Urbixas.com or These Individuals?
If you have information relating to this investigation, you may submit documentation to our investigation team.
Useful evidence may include:
- Emails
- Screenshots
- Dating-site communications
- WhatsApp messages
- Telegram messages
- Payment records
- Cryptocurrency wallet addresses
- Transaction hashes
- Recovery agreements
- Invoices
- Phone numbers
- Names or aliases
- Website addresses
- Dates and amounts involved
Do not send passwords, private keys, seed phrases, authentication codes or other account credentials.
15. Official Source
Washington State Department of Financial Institutions — Securities Division
Title: Alleged cryptocurrency recovery service Urbixas.com may be fraudulent
Date: June 3, 2026
Subjects: Urbixas.com; Michael Schmidt
Categories: Recovery Scams; Cryptocurrency Scams
Reported Loss: $50,000
Official alert:
The Washington State DFI states that the factual details and reported losses have not been verified by the agency. (Department of Financial Institutions)
Investigation Notice
This report is based on publicly available information and material reviewed by Cyb3rsect at the time of publication.
The primary source for the allegations described in this case is an official consumer alert issued by the Washington State Department of Financial Institutions.
Consumer complaints and reported allegations do not necessarily establish that every factual assertion is accurate.
The inclusion of a person, company, website or service in this investigation does not by itself establish criminal conduct.
Where information could not be independently established, it has been identified as reported, alleged or unverified.
Investigation Status: OPEN
CASE ID: CASE-2026-003
