List of fake crypto exchanges

List of fake crypto exchanges. These fraudulent platforms masquerade as legitimate exchanges, luring unsuspecting investors with promises of sky-high returns and innovative services. Best for: Cryptocurrency selection As one of the largest U. Fraudsters sometimes create fake versions of official cryptocurrency wallets or crypto exchanges to trick users. The platform is offered by Wealthsimple Digital Assets Inc. p2pb2b is an Estonian crypto exchange, established in 2014. Employment offers and fraudulent employees Sep 18, 2023 · Best Crypto Exchange to Trade with Leverage. Apr 22, 2021 · How to Avoid Fake Crypto Exchanges. How can users protect their crypto wallets from fraudulent activities and hacks? There are three main types of crypto scams: investing in a fake crypto exchange, website or app; fake crypto products or jobs trading crypto; using crypto to pay scammers; Fake trading platforms or fake crypto wallets. Do some research and check industry sites for details about the exchange's reputation and legitimacy before entering any personal information. In most Fake Cryptocurrency Exchanges Sites. The app is exceptionally well-designed and features an intuitive interface that makes buying crypto with fiat a breeze. Namely, if you’re searching for the app of a crypto-exchange or crypto-related service in one of these stores, check that any you find is really the app you’re looking for. S. Crypto Scam Tracker. Please use this information to protect yourself and your assets from financial scams and fraud. SimpleSwap It offers its customers a great choice of cryptocurrency (more than 900 coins), fast transactions and the possibility to take part in the loyalty program and invite system. This is an educational subreddit focused on scams. 2. There are many types of crypto scams. Jul 27, 2022 · While the FBI doesn’t refer to fake crypto apps in the Apple App Store or Google Play Store in its latest warning, similar principles apply. A common crypto trading scam involves setting up a fake crypto exchange with the express purpose of stealing customer deposits. Welcome to r/scams. Jun 5, 2024 · The search did not yield a specific list of fake crypto exchanges. At the same time, fake crypto exchanges by scammers have been emerging to lure unsuspecting traders. This 2024 guide to comparing crypto exchanges lists the best platforms with the largest volumes and lowest fees in the UK. Hackers stole $48 million worth of Cashio after the Solana protocol suffered an infinite mint glitch. However, once you and others begin to trust the site, the scammers will spring the trap. As of today, we track 217 crypto exchanges with a total 24h trading volume of $69. Terra Classic Price Prediction- Will LUNC Hit $1？ Binance Learn and Earn Quiz Answers – LDO, WOO, QI Quiz Answers Aug 28, 2024 · List of crypto scams and scam alerts. , U. Best For: Crypto CFD. Here is a Cryptocurrency Scammer List of 2022. Currently, the 3 largest cryptocurrency exchanges are Binance, Bybit, and Coinbase Exchange. Fake cryptocurrency exchanges are a prevalent scam that lures investors with the promise of unbeatable rates, low fees, or exclusive access to new coins. crypto exchanges, founded in 2011 during crypto’s Paleolithic era. The post or message might be from a friend whose account got hacked. The process often starts with scammers creating a professional-looking website that mimics reputable exchanges. Jun 23, 2023 · New fake exchanges show up daily, so it’s worth checking a list of fake crypto exchanges while researching a new potential exchange. (WDA), which is a restricted dealer operating under time-limited registration through the Canadian Securities Administrators’ Regulatory Sandbox. For security reasons, p2pb2b stores 95% of its users’ assets on cold wallets. Mar 11, 2024 · However, crypto transaction fees are 1. Best High Leverage Crypto Trading Exchange Platform. To avoid scams, always use well-known and regulated exchanges, check for user reviews, ensure the exchange has proper security measures in place, and verify its legal May 17, 2021 · Once crypto is purchased it pretty much untraceable. Many crypto scams begin with ads, posts, or messages on social media. 1. 7 Billion, a -20. Aug 12, 2024 · Fake and unregulated cryptocurrency exchanges are a major threat, tricking people by pretending to be legitimate platforms. China Briefing has all the details. Feb 22, 2024 · Fake Crypto Exchanges. Blackmail and Extortion Scams. Copycats. May 1, 2024 · Wealthsimple Crypto is a registered crypto trading app in Canada that offers a simple, easy-to-use interface for trading and staking crypto. Check Daily Performance of Cryptocurrency Exchanges with CoinStats. See our list of cryptocurrency exchanges ️ Ranked by volume ️ Binance ️ Coinbase Pro ️ Huobi ️ Kraken ️ Bithumb ️ Bitfinex ️ And many more ️ Top Crypto Exchanges Ranked by Market Cap. Feb 24, 2022 · Scammers create fake cryptocurrency trading platforms or fake versions of official crypto wallet to exploit victims. Which is always a scam, every time. Nov 7, 2022 · Scammers may also attempt to create fake versions of popular crypto exchanges or online wallets under similar domain names to get investors to log in with their credentials. Scammers sometimes create fake cryptocurrency trading platforms or fake versions of official crypto wallets to trick unsuspecting victims. Unfortunately the price of crypto fluctuates, and in the transaction I lost $100+, but I consider myself fortunate. A quick thread on spoofing: Jan 26, 2024 · It started with a ban on local cryptocurrency exchanges in 2017 and slowly progressed to a complete ban on all things crypto-related in September 2021. There are many cryptocurrency scammer and scams lists around, including our very own fake crypto investment platform list which is regularly updated. [7] Evaluate feasibility: Companies assuring investors guaranteed returns or instant wealth are probable scams. According to a report by several Chinese colleges, there were at least 1,500 scam domains (webpages) and 300 fake apps promising to exchange cryptocurrencies by 2020. With emerging markets come scams and bad ac 3 days ago · You likely want a crypto exchange. In addition, the exchange has exceptional processing speed and doesn’t charge any trading fees. Fake Bitcoin trading platforms and exchanges. Cryptocurrency investment scams. These handpicked exchanges do not require customers to complete KYC (Know Your Customer) verification, making them an ideal choice for those seeking to trade cryptocurrencies anonymously. The scammer creates a legitimate-looking YouTube livestream, often Jun 3, 2022 · The FTC’s new data spotlight shows crypto is a common way for scammers to steal money, with over 46,000 people reporting losing more than a billion dollars in crypto to scams since the start of 2021. Total tracked crypto exchange reserves currently stands at $178 Billion. Dec 12, 2022 · This list contains the 10 best anonymous cryptocurrency exchanges without KYC verification to start buying crypto or trading. Morgan Wealth Management is a business of JPMorgan Chase & Co. Alternatively, social media influencers might tout new and potentially fake crypto and encourage users to sign up or send them payments that they might multiply. J. May 25, 2024 · No-KYC Crypto Exchanges: The Ultimate List This comprehensive guide gives you access to over 60 of the best Non KYC crypto exchanges in the blockchain industry. Mar 24, 2022 · These fake sites will let you deposit money, buy cryptocurrency, and they may even let you withdraw it too. A. Crypto exchanges act as a link between buyers and sellers of digital currencies like Bitcoin. On January 17, around 483 customer accounts were compromised according to reports. To get this money out of their wallet, victims first need to transfer 0. Some of the most common include: Fake websites. It's an established exchange for trading crypto and is supported in 200+ countries. 19%) believe all crypto exchanges will be regulated as traditional financial institutions by 2030. A crypto exchange going bankrupt does not mean a customer’s funds are entirely irretrievable. Jan 5, 2022 · There are different kinds of fraud in the digital market, including fake crypto exchanges. 266w; ACST; AE Coin; AI This list is compiled painstaking by our Crypto Chain University team and assisted by FortuneZ, comprising of scam Initial Coin Offering (ICO)s and other crypto services, all information, proofs, investigations below came from different people of Bitcointalk. List of fake exchanges used for scams Once upon a time there was a princess from a country far, far away, who inherited a vast fortune and, as she could not move the money out of her country due to political reasons, she decided to write me an email, offering me a good share of her wealth if I accepted the money to be transferred to my bank Aug 30, 2024 · Top Crypto Exchanges and Trading Platforms Reviewed. In Apr 25, 2023 · Or, they direct you to a cryptocurrency ATM and give you step-by-step instructions on converting money into crypto. Mar 16, 2022 · #2 | Kraken: Regulated in the U. org who cares the crypto community from scammers and fraudulent ICOs. But these so-called “jobs” only start if you pay a fee in cryptocurrency. Plus500 Review. This list of crypto scams will be updated regularly. These scammers then reel in investors by promising free bitcoin (BTC), for example, to get them to sign up for their exchanges. The cybercriminals exploited the exchange’s hot wallet system, accessing one of the four hot wallets that held 5% of all assets held by the exchange. Jul 2, 2019 · A new report by Alameda Research, a 20-person crypto trading firm with offices in Hong Kong and Berkeley, California, reveals a clever set of tricks used by crypto exchanges to fabricate volume. Scammers leverage personal information, such as compromising photos or videos, to extort victims into sending them crypto. CryptoRom, a notorious scam that combines fake cryptocurrency trading and romance scams, has taken a new twist by utilising generative artificial intelligence (AI) chat tools to lure and interact with victims. Dec 18, 2022 · Also, in February, IRA Financial Trust lost $37 million after hackers accessed the master key on the Gemini crypto exchange. How can you spot the red flags? There are a lot of crypto exchanges around the world that have gained great reputations among traders. With the crypto market surging, the proliferation of fake crypto exchanges has become a menacing problem. Advertisement Coinbase Aug 19, 2024 · To help you make an informed decision, here's a list of the top-rated exchanges and crypto apps today. Pro-tip: If you’re looking for a legitimate place to buy or trade crypto, check out our list of the best cryptocurrency exchanges. A crypto exchange is a marketplace where users can buy and sell popular cryptocurrencies. Impersonation and Branding: a. Jan 3, 2024 · In reality, these could be bots trying to lure you into a social media scam. Cryptocurrency scams list. They lure victims with attractive offers such as low fees, high security, or exclusive features. 99% per trade – far higher than the other crypto exchanges on our list. Nov 21, 2023 · Generally speaking, these scams take place via fake Telegram channels or groups that impersonate well-known figures or projects in the crypto space. Below the table is a glossary explaining the structures for common scams. Fake Initial Coin Offerings (ICOs) Ponzi schemes. Jan 1, 2023 · FBI Guidance for Cryptocurrency Scam Victims. However, he soon became elusive. Since the website domain names closely resemble those of well-known exchanges, users are easily misled and begin using these platforms. If you've been a victim of a crypto scam, or know of a fake exchange or platform that needs adding to this list, get in touch. They ask you to pay a fee in crypto to start the job and send you a Jul 20, 2024 · The first crypto exchange to be hacked in 2022, Crypto. It is a global financial brokerage that was established in 2007 and provides a financial trading and investing platform that includes a variety of markets such as Crypto, ETFs, Stocks, Indices, Commodities, and Forex. Today, we will go through the ultimate list of fake crypto exchanges, shed light on the common tactics used by these fraudulent platforms, and provide some valuable tips and strategies to help you identify and avoid falling victim to these scams Jan 10, 2024 · Stick to known crypto exchange markets -- such as Coinbase, Crypto. gov or contact your local FBI Field Office and provide as much transaction information as possible. The problem has been apparent since Bitwise Asset Management published a . They will shut down the site and make off with all the users’ funds. Dec 26, 2023 · Here is an in-depth exploration of how fake cryptocurrency exchanges operate: 1. Sep 1, 2023 · ‘Pig butchering’ crypto scams. Our team of experts took time to analyze the best crypto exchange options on the market for US crypto investors. They were already suspicious of the activity and delaying the purchase. Some exchanges only offer cryptocurrency markets, while others also allow users to exchange between cryptocurrencies and fiat currencies such as the US dollar or the euro. 64% believe that crypto exchanges should be regulated, but less so than other financial trading platforms. CoinMarketCap: Cryptocurrency Prices, Charts And Market Aug 27, 2024 · 7. And its notorious volatility is the least of your worries. Sep 8, 2021 · Users that create an account for the fake cryptocurrency platform will see that there is 28. One of the pros of Revolut is its ease of use. -based Kraken caters toward intermediate and advanced crypto traders. These fake sites tend to have similar, but slightly different domain names from the legitimate ones, sometimes making it hard for users to tell. Its main currencies are BTC, ETH, and USD. The 71-year-old man works in a home improvement store and lives alone. K. Fake wallets and exchanges. If you believe you or someone you know may be a victim of a cryptocurrency scam, immediately submit a report to the FBI Internet Crime Complaint Center (IC3) at www. Mimicking Legitimate Exchanges: Fake cryptocurrency exchanges excel at impersonating well-known and reputable platforms. The list below includes our picks for the best crypto exchanges, online brokers and platforms. 5. Faruk Fatih Özer, the exchange’s founder, initially cited cyberattacks as a concern, assuring investors of their funds’ safety. By creating fake crypto exchange websites, scammers can either steal the assets of unsuspecting users or use the site to fetch sensitive information. I managed to contact the crypto seller who was in London UK. May 7, 2023 · Bitrue, a popular crypto exchange, fell prey to a massive hack in April 2023, leading to the theft of $23 million in Ethereum, Gala, and other cryptocurrencies. The scammers claim to organize a giveaway where users are promised massive returns if they send only a small amount of cryptocurrency as a participation fee or verify their eligibility. However, it's crucial for investors to be cautious as the cryptocurrency space can attract fraudulent platforms. These fake platforms often look identical to legitimate ones, making it difficult to distinguish them from the real thing. In these scams, fraudsters sometimes create fake websites that typically have domain names that are extremely similar to the ones they are trying to imitate, making it tough to tell them apart. Best Crypto Exchange for Crypto CFDs: Plus500. Mar 4, 2024 · The websites are listed on the SFC’s official crypto alert list alongside other fake websites impersonating other crypto exchanges like MEXC. In March 2022, crypto hackers stole over $615 million in ETH and USDC from Axie Infinity’s Ronin Network. The deal was canceled and I got my money back. Gox was the first major crypto exchange to go bankrupt in 2014 following a significant crypto hack and loss of funds. , which Oct 28, 2019 · Poloniex is another major crypto exchange that was unfortunate enough to find its place in a long list of victims. Fake exchanges use unrealistic promises like guaranteed high returns, “risk-free” trading, or extremely low trading fees to entice victims to sign up. Scam exchanges often lure users with a celebrity endorsement, unsolicited phone calls, or emails promising extraordinary returns on investments. The crypto scams lists that you can Aug 29, 2024 · Kraken is one of the oldest U. Jan 31, 2022 · Scammers create fake cryptocurrency trading platforms or fake versions of official crypto wallet to exploit victims. Additionally, consider any public-facing names, such as the CEO or other C-suite executives. Copycats are often fake Telegram channels or Apr 9, 2024 · Spoofing is when a fake version of a legitimate crypto project is created, with most traits, UI, and other elements mimicked. Use this information to protect yourself when engaging in crypto transactions. Lastly, scammers list fake jobs related to crypto on job sites, offering jobs to help recruit investors, sell or mine cryptocurrency or convert cash to crypto. Jan 6, 2024 · The Growing Threat: Fake Crypto Websites Recognizing the Wolves in Sheep’s Clothing. 4 days ago · The best centralized crypto exchanges in September 2024: Binance - The best crypto exchange overall with high liquidity and a large selection of features; KuCoin - The best exchange for altcoin traders, lists more than 700 different coins May 24, 2024 · KuCoin is one of the foremost crypto exchanges in terms of automation tools and supported assets, making it a worthy addition to our list of the best crypto exchanges. 76 % Volume 24h. Check the end of the article for a list of known fake crypto websites. Crypto exchanges can be classified into three types: You can also use CoinCarp’s Exchange Ranking list to compare different crypto exchanges based on their liquidity, scale, cybersecurity, and compliance. Get expert tips and insights to protect your assets from crypto scams list. In March 2014, hackers stole 97 BTC, or 12. It serves all U. 3 days ago · Best Crypto Exchanges and Apps for June 2024 May 31, 2021 · Scammers are leveraging fake apps to steal money in the name of cryptocurrencies. May 2, 2024 · eToro is first on our list of the best demo accounts. Jan 12, 2022 · 6 Ways to Detect Fake Crypto Exchange Websites The crypto-verse has been steadily becoming more and more widespread during the past few years now. Mar 10, 2022 · Fake Cryptocurrency Exchanges. They function similarly to online brokerages, allowing the purchase of cryptocurrency with fiat currency and the exchange of cryptocurrencies among users. So-called "off-platform" crypto scams are those that, as the name suggests, will guide you outside the initial chain. It is our hope to be a wealth of knowledge for people wanting to educate themselves, find support, and discover ways to help a friend or loved one who may be a victim of a scam. Best Wallet – Overall Best Decentralized Exchange. Just as financial criminals will try to steal money from your bank account or put fraudulent charges on your credit card, crypto scammers will do anything to Feb 23, 2024 · Consult a reputable fake list of cryptos for scam verification. 2B in 2022 to cryptocurrency scammers. Aug 24, 2021 · A slew of recent articles has demonstrated that the issue of crypto exchanges faking trading volumes is not going anywhere. Market Cap. Dec 1, 2023 · Yes, there are many fake crypto exchanges. 09% don't believe that crypto exchanges should be regulated to the same degree. In addition, the sample taken for the study includes thousands of victims. May 10, 2024 · Fake Crypto Exchanges and Crypto Wallets “If you browse your social media handles, you will come across sites that advertise cheap Bitcoin (BTC),” says Martin Leinweber, digital asset product How fake crypto exchange scams work; How to stay safe; Summary; Scammers will always try to get as close to you and your funds — whether in crypto or fiat — as they can. Here, you will be asked to follow a link and once you click on it, you may be tricked into providing your info or even installing a virus. Phishing attacks. P. $2,118,994,579,743 0. However, they do carry some fundamental security risks. However, after they make their deposits, investors discover that they have fallen Sep 8, 2022 · Updated RBI Alert List (Full List of Apps and Websites Unauthorised for Forex Transactions in India 2023): The Reserve Bank of India on June 7 updated the Alert List of unauthorised forex trading Feb 2, 2020 · Crypto Scam List – Last Updated: December 25, 2023 Below is a list of websites and trading companies involved in fraudulent activities using cryptocurrency. states except for New Mar 11, 2024 · Mt. 10 SIGNS OF A SCAM CRYPTO OR FOREX TRADING WEBSITE Author: CFTC Office of Customer Education and Outreach Subject: How to identify fraudulent trading platforms Keywords: bitcoin, ether, cryptocurrency, blockchain, foreign currency, forex, foreign exchange, trades, trading, fraud, scams, social media, red flags Created Date: 4/20/2023 1:36:37 PM Feb 19, 2024 · The best crypto exchanges in the U. The exchange accepts 48 fiat currencies, such as USD, AUD, GBP, EUR, and CNY. Below are some examples of the most common ways investors lose their money to scammers. 3. Jan 3, 2024 · Crypto exchanges can be targeted for hacks due to the vast amounts of assets they hold, vulnerabilities, inadequate security measures, or internal malpractices which may lead to unauthorized withdrawals, data breaches, or other exploitations. To select the best crypto exchanges and trading platforms in 2024, we rated them based on the number of available coins, trading fees, trading tools, user experience, security, reputation, and more. 9. Off-platform crypto scams. The biggest crypto exchange to go bankrupt was FTX, which peaked at $21 billion in daily trading volume. Aug 23, 2024 · A fake crypto exchange typically operates by disguising itself as a legitimate platform to deceive users into depositing their funds. Apr 21, 2019 · p2pb2b – Our Partners of Crypto Exchanges in Europe. Oct 16, 2023 · Born in 2017, Turkish crypto exchange Thodex made headlines in 2021 when it disappeared with investors’ funds amounting to over $2 billion. Scammers may tempt investors by promising spectacular crypto and possibly even some more Bitcoin. Fake and unregulated cryptocurrency exchanges scam potential victims by posing as legitimate exchanges. Fake Crypto Exchanges and Wallets. and select Asian Pacific jurisdictions, U. A crypto exchange serves as a marketplace where individuals can engage in the buying, selling, and speculating on various cryptocurrencies. com and Cash App -- to avoid an unfamiliar exchange. offer low-spread trading, a wide array of pairs, and robust crypto market liquidity. Fake Crypto Exchanges: The Trap of Unrealistic Offers. Aug 7, 2023 · But when they are opened, they contact a remote URL that loads a CryptoRom fake crypto-trading interface prompting users to invest. Compare all 185 top crypto exchanges. These platforms ensure tight spreads, transparent fees, and efficient order execution, which are crucial for optimizing trading strategies amidst market volatility. It’s also one Apr 20, 2022 · With the rise of crypto millionaires flooding social media feeds and the global adoption of cryptocurrencies, a new form of scamming prevails - fake cryptocurrency exchanges - luring new investors looking to be part of the winnings. You can buy and sell Bitcoin on practically all cryptocurrency exchanges, but some exchanges list hundreds of different cryptocurrencies. Jun 29, 2024 · Cryptocurrency scams take many forms. You’ll find 5 of the best exchanges based on factors like security, low fees, and customer protection. As the counterfeit or scam tokens can easily make their way to a DEX, investors who haven’t done their due diligence might purchase these instead of the legitimate crypto. Over one-third of our panelists (35. These fraudulent websites typically use domain names that slightly differ from legitimate ones, making it challenging to distinguish them at first glance. Aug 15, 2024 · 1. 15. Mar 25, 2024 · The regulator received license applications from 22 crypto trading platforms, including four exchanges that had applied under the SFC’s previous opt-in regime for crypto trading platforms. Tradable coins: 1,000+ Minimum deposit Aug 28, 2024 · Top Crypto Exchanges Coinbase. -based cryptocurrency exchanges, Coinbase is a user-friendly digital marketplace offering hundreds of Nov 23, 2023 · The site was a fake version of a legitimate crypto exchange called BigONE. They might even send unsolicited job offers related to crypto like jobs helping recruit investors, selling or mining cryptocurrency, or helping convert cash to crypto. A Chinese American who immigrated to the United Jul 3, 2024 · Another common crypto and Bitcoin scam is the use of fake crypto exchanges, apps, wallets, or other platforms to steal user funds. Read on to find out more about common crypto scams, how to spot them, and how to avoid them. Aug 1, 2024 · I’ve detailed below the common crypto scams that are the biggest threat to everyday crypto traders: 1. There are two ways scammers use illicit crypto exchanges to dupe crypto holders. Search the table below by company name, scam type, or keywords to learn about the specific complaints the DFPI has received. Sep 3, 2024. To steal funds from you, scammers will sometimes create fake crypto exchanges and wallets. This platform offers a solid range of coins with very competitive trading fees. These may mimic a real online exchange or wallet, but can work in different ways: Dec 29, 2022 · The list includes Tahoe Digital Exchange, TeleTrade Options, Tony Alin Trading Firm, Hekamenltd/Tosal Markets Limited, Trade 1960, Yong Ying Global Investment Company Limited, Unison FX, VoyanX Scammers list fake jobs on job sites. Sophos Group has identified 167 counterfeit Android and iOS apps used by attackers to steal money. Many of these are pig butchering or romance scams. In many cases they will also create deepfakes of known crypto or tech leaders to feign social proof and endorsement of the platform. Scammers often create counterfeit cryptocurrency trading platforms or imitate official crypto wallets to deceive people. com is one of the world's most popular crypto apps and well-known exchanges. The list is ranked by trading volume. Fake Crypto Exchanges. These fake exchanges often mimic the design and functionality of legitimate exchanges to trick users into depositing funds. Apr 2, 2024 · Traders lost $2B in 2023 and $4. List May 20, 2023 · Among identified crypto attacks, cryptocurrency exchanges emerged as the most susceptible targets for cybercriminals, with 27% of the attacks directly aimed at these organizations. 3% of Poloniex’s Bitcoin supply Aug 6, 2024 · 22. Mar 22, 2024 · Fake Exchanges: As the name implies, fake exchange scams involve the creation of fraudulent cryptocurrency exchanges designed to steal money from unsuspecting users. They threaten to expose the victim’s private information unless they comply with their demands. Free Crypto No Deposit Bonus For Signing Up 2022. The SFC previously blacklisted eight domains May 28, 2024 · Once millions of investors bought the token, the influencers who promoted the crypto allegedly sold off their tokens, and the value crashed. It includes Bitcoin scams, Cryptocurrency scams, fake ICO’s as well as Forex crypto scams and other trading companies that are involved in fraudulent activities using cryptocurrency. Here's how fake exchange scams typically work: Aug 28, 2024 · INVESTMENT AND INSURANCE PRODUCTS ARE: NOT A DEPOSIT • NOT FDIC INSURED • NO BANK GUARANTEE • MAY LOSE VALUE. ic3. 85 BTC in their bitcoin wallet. Jan 18, 2023 · One scam unique to social media comes from YouTube, where people set up fake livestreams to bilk viewers out of their crypto. One of the places where web3 participants are at their most vulnerable is centralized exchanges (CEXs). How to recognize and stay away from fake crypto exchanges? Fake crypto exchanges are platforms that pretend to be legitimate exchanges, but are actually designed to scam users out of their funds. 61% change in the last 24 hours. If the exchange appears on a list of fake or questionable exchanges, it’s better to move on. It includes fake crypto exchanges, fraudulent investment companies, forex, recovery, romance and pig butchering scams, and crypto rug pulls that have been reported in recent years. mah kcl ugnny hztyfo fvu wvn edayqis hvycb ssken xwqu