Scam Cryptocurrency Exchange Raised $50,000

Kataryna Kovtun July 6, 2020


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Whale Alert’s Twitter tracking account announces a new payment of $ 3,568 to a fake crypto exchange. Since opening in May 2020, the exchange has received 5.37 BTC (about $ 49,000 at the current price).

The Bitxmi team warns all traders: beware of scam cryptocurrency exchange and use only reliable exchanges such as Bitxmi!

Some suggest that these could be payments made by scammers themselves to demonstrate the volume of trading. The address of the exchange is In addition to stealing funds, visiting a site, or creating an account leads to the theft of personal user data and passwords.

As previously reported, Whale Alert is actively disseminating information about scammers and the project itself. Unfortunately, despite this, fake pranks and scams of a different kind have taken over the cryptocurrency market.

The Largest Scam Cryptocurrency Exchange/Projects

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Currently, the largest financial crypto-pyramid on the Amfeix market has raised about $ 57 million. In 2019, PlusToken crypto-cryptocurrency became the largest fraud of the year, collecting from investors $ 2 to $ 3 billion in bitcoins, Ethereum, EOS, and other cryptocurrencies.

Other types of crypto fraud include extortion, fake exchanges, and cloud mining. Although these schemes have been tested in practice for a long time, there are no fewer victims.

In this situation, a greater awareness of people about the possible moves of fraudsters, cryptocurrencies, and the mechanisms of the operation of investment products can help.

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