FameEX Urges Investors and Users to Use the Official Website to Avoid Phishing Scams

Recently, there have been reports of criminals impersonating FameEX officials to lure investors into visiting phishing websites. These fraudsters send SMS messages or fraudulent emails claiming to be from FameEX, using pretexts such as withdrawal suspensions or risk control measures to deceive users into clicking on phishing links. Their goal is to defraud investors of their crypto assets through unauthorized transfers or refusal to process withdrawals.

FameEX would like to remind all users that its only official website is www.fameex.com. Please avoid visiting any other websites, stay vigilant against fraud, and always verify the official platform to protect your funds from phishing scams.

Scam Incident Example:

In June this year, an investor fell victim to a scammer known as “Jackson Qie,” who initiated contact via a phishing text message. Their communication continued on WhatsApp, where the scammer sent the investor a phishing link (scam link: https://fameexio.com - Do Not Visit). The scammer manipulated the investor into transferring a cumulative total of over $113,000 in Ether (ETH) and Tether (USDT) to the phishing site. When the investors attempted to withdraw their funds, the scammers demanded exorbitant fees and ultimately stole all of their crypto assets.

The Washington State Department of Financial Institutions (DFI) Securities Division received a complaint from the investor. According to the DFI, the fraudulent site is no longer accessible. The scam appears to be a classic example of a phishing link scheme, commonly referred to as “Pig Butchering Scam.”

Image source: Washington State Department of Financial Institutions (DFI) Securities Division news release on the phishing case (Do not visit the phishing site shown in the image).

FameEX Issues Important Alert Against Phishing Scams: 

Phishing scams targeting cryptocurrency users are becoming increasingly sophisticated. To safeguard your assets, FameEX highlights the following common scam tactics and precautions you should take:

1. Social Media Impersonation

Scammers often impersonate crypto vloggers, investment experts, or other influential figures on platforms such as Facebook, Instagram, YouTube, email, and SMS. They claim to offer:

• Assistance with investments

• Opportunities to earn a steady income

• Promises of high profits

• Warnings about alleged risks to your account

Victims are lured into believing these claims and engaging with the scammers. FameEX advises users to be cautious and verify any such claims by visiting the official FameEX website (www.fameex.com) or contacting online customer support.

2. Fake Groups and Phishing Links

Once trust is established, scammers may direct victims to join fake Telegram, LinkedIn, Whatsapp, WeChat, or QQ groups. These groups often provide phishing links or counterfeit apps for registration and download. Victims may also see false profit information or fake PnL screenshots from the group.

Precaution: Always verify the legitimacy of any website or app by accessing the official FameEX platform directly. Never click on unsolicited links or download apps from unverified sources.

3. Financial Lures

After gaining access, scammers frequently entice victims to deposit funds through incentives such as bonuses, giveaways, or “prize winnings.” Victims are persuaded to recharge or deposit money via these phishing links or fake apps.

Warning: Be skeptical of any requests to deposit funds, particularly when paired with promises of guaranteed returns or other benefits. Strangers will not genuinely assist you in making money.

4. Fake Profitability and Inducements

Once funds are deposited into these fraudulent platforms, scammers manipulate the backend systems to show false profitability. This often includes allowing small withdrawals to build trust and encourage larger deposits.

Advice: Never make multiple deposits, no matter how promising the platform appears. This tactic is designed to trap victims and can result in significant financial losses.

5. Delayed Withdrawals and Fraudulent Fees

When victims attempt to withdraw funds, scammers often impose fabricated delays or demand additional payments under the pretense of fees, deposits, or insufficient account balances. In many cases, victims lose contact with the scammers altogether at this stage.

Action: If you find yourself in such a situation, report the incident to local authorities immediately. Recovery of funds may be difficult, so vigilance is crucial.

Common Examples of Scams Impersonating FameEX Phishing Website

Image source: Taiwan National Kaohsiung Normal University(Do not visit the phishing site shown in the image).

Image source: Facebook (Do not visit the phishing site shown in the image).

Image source: Medium (Do not visit the phishing site shown in the image).

Image source: Internet (Do not visit the phishing site shown in the image).

Image source: Internet (Do not visit the phishing site shown in the image).

Frequently Asked Questions (FAQs)

Q: Are Users’ Funds on the FameEX Platform Safe?

A: Yes, users' funds on the FameEX platform are secure. FameEX employs a four-layer ladder encryption technology, a private key server with subnational hierarchical management, a fund node-type authorization locking method, and other advanced measures. These systems ensure byte-level capital protection and provide comprehensive security for users' funds.

Q: Does the FameEX Platform Have a Virtual Asset Trading License? Is It Regulated by Authorities?

A: The FameEX platform is regulated by the Australian Securities and Investments Commission (ASIC) and holds a legitimate virtual asset trading license in Australia. Additionally, FameEX has obtained financial licenses in the U.S., Singapore, and other countries. The platform operates in compliance with relevant regulations across 14 countries and regions.

Q: How Can I Prevent Falling Victim to Phishing Scams Impersonating FameEX?

A: Always use the official FameEX website: www.fameex.com. The official website provides 24/7 access to online customer service for verifying any platform-related information. Be cautious of phishing websites and avoid visiting unauthorized links. To ensure safety, download the official app from the official website or the Google Play Store. Never install apps from unknown sources or click on suspicious links.

Q: Is the FameEX Platform Still Operational?

A: Yes, the FameEX platform is operating normally. Please ensure you use the official website address: www.fameex.com. FameEX operates in a legal and compliant manner. However, users from countries or regions where cryptocurrency trading is prohibited will not be able to access FameEX's services.

Q: Can I Withdraw My Funds From the FameEX Platform?

A: Yes, the FameEX platform does not restrict users from withdrawing their funds under normal circumstances. If there is temporary maintenance, an official announcement will be made promptly, including the expected resumption time for withdrawals. Any claims from unofficial sources about restrictions on withdrawals are fraudulent. Always verify such information through customer service on the official website: www.fameex.com.