FameEX Anti-Fraud Tutorial: How Investors Can Identify the Official Website and Ensure Its Legitimacy, Safety, and Security?

Introduction

FameEX is a global cryptocurrency exchange that has gained popularity among users in Southeast Asia, the United States, Australia, and other regions. Recently, some users reported encountering fraudulent platforms using phishing URLs that impersonate the “FameEX Exchange” to mislead consumers into investing. After thorough investigation and verification by many users, it was confirmed that these fraudulent platforms are phishing websites. In contrast, FameEX’s official platform operates legally and securely.

Background Story

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).

From the regulator's report, it’s clear that the phishing URL was not associated with FameEX’s official platform. FameEX's official website is www.fameex.com, providing services such as cryptocurrency spot trading, derivatives, and unique copy-trading products in order to offer convenient trading experiences to global investors.

Image source: Google Search

FameEX Compliance Overview

As the world’s first compliant cryptocurrency exchange specializing in derivatives trading, FameEX was established in Singapore and has branches in Australia, the United States, the UAE, and other countries. It holds financial licenses in Singapore, Australia, and the United States, operating legally in 14 additional countries and regions.

To meet Singaporean regulatory policies, FameEX operates as a foundation under the supervision of the Monetary Authority of Singapore (MAS). In Australia, it is registered as an International Finance Corporation and regulated by the Australian Securities and Investments Commission (ASIC) with a Virtual Asset Trading License. This regulatory alignment ensures compliance with cryptocurrency policies across jurisdictions while supporting FameEX’s global expansion.

Therefore, FameEX adheres to its core principle of “Smart Trading for Easy Gains” legally by continuously enhancing product innovation, fund security, and team management. It provides legal, safe, stable, faster, transparent, and user-friendly platforms to global investors.

How to Identify and Prevent Phishing Scams?

According to several news sources, many cases have emerged where users have fallen victim to fraudulent websites, resulting in the loss of their investment funds. These users often encounter individuals posing as experienced investors on major social media platforms. Under the pretense of teaching investment strategies, these scammers send private messages containing fraudulent links. Ultimately, the victims lose their entire assets, and even when the fraud is reported to the police in a timely manner, recovering the stolen funds proves to be extremely difficult. So, what steps can investors take to protect themselves from fraud and prevent non-transactional investment losses?

1. Be cautious of unsolicited “Mentors”

Fraudsters often initiate contact via Twitter, Telegram, email, or private messages, posing as experienced investors. These unsolicited communications frequently involve promises of mentorship and “investment strategies,” leading to fraudulent links and, eventually, financial loss. Block and ignore such messages as your first step.

Image source: Twitter (X) Message (Fraud Message)

A common feature of this type of fraud is the misuse of the names of well-known KOLs, influencers, or platforms, either directly or under their guise, to exaggerate the returns on certain investment products. Scammers use highly enticing phrases such as “huge profits,” “zero risk,” “high return,” and “great potential” to capture the victims' attention. Therefore, if you receive such unsolicited private messages, make sure to block or delete them immediately.

2. Avoid “investment help” from strangers

There’s no such thing as a free lunch. If someone offers unsolicited investment advice or assistance, it’s likely a scam. Be aware of messages containing phrases like “I can help you invest,” “Get rich quickly,” or “Act now to avoid missing out.” Never click on links or download apps shared by unknown individuals.

3. Verify real URLs before entering

Always confirm the authenticity of a URL before clicking. For well-known platforms such as “Binance,” “OKX,” “Coinbase,” and “FameEX,” it’s safer to search for their official websites on Google. Always ensure you visit the correct website by conducting a proper search. This will not only help you access the legitimate site but also protect you from the risk of phishing scams and potential financial losses. For instance, in the image below, you can see an example of a common scam: a phishing website pretending to be a well-known brand. On the left is the official brand name, while on the right is the fraudulent website. Please be vigilant and carefully verify before proceeding!

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

4. What should I do if I accidentally encounter phishing scams?

It is important to note that while some consumers have reported encountering phishing scams involving “fake FameEX exchange” websites, all cases have stemmed from personal user errors or unauthorized third-party activities. FameEX itself has no direct involvement in these fraudulent activities. Statements and detailed announcements from the Washington State Department of Financial Institutions (DFI), Securities Division, and Taiwan's National Kaohsiung Normal University provide explanations of these incidents and have publicized the fraudulent URLs to raise awareness.

Furthermore, FameEX undergoes regular reviews by financial regulators and strictly adheres to regional laws and regulations to ensure the platform's transparency and legitimacy. To better protect user assets, FameEX employs robust security measures, including a rigorous user authentication process, multiple identity verifications, cold wallet storage, and advanced encryption technology, to maximize the safety of user funds.

Image source:  Google

If any investors encounter this type of fraud, they should immediately report it to the regulatory authorities and police, requesting an official investigation into the source of the fraud. If the funds have not yet been transferred, investors should verify the information by contacting the official customer service through the platform’s official channels, such as their Twitter(X) account, website, or Telegram group, to eliminate the risk of fraud.

Conclusion

Based on user feedback and investigations, transactions on FameEX’s official platform are secure and efficient, with fast fund transfers and professional customer service. As a legal and compliant exchange, FameEX has occasionally faced baseless criticisms but continues to operate transparently under the oversight of global financial regulators.

FAQs

Q: Is FameEX regulated by a regulatory authority?

A: Yes, FameEX operates under financial regulations in several countries and jurisdictions and undergoes regular compliance reviews. For example, FameEX functions as a foundation in Singapore and is directly regulated by the Monetary Authority of Singapore (MAS). In Australia, FameEX is legally registered as an international finance company, regulated by the Australian Securities and Investments Commission (ASIC), and holds an Australian virtual asset trading license.

Q: Does the FameEX platform hold a virtual asset trading license? Is it supervised by regulatory agencies?

A: Yes, FameEX is regulated by the Australian Securities and Investments Commission (ASIC) and holds a valid virtual asset trading license in Australia. Additionally, FameEX possesses financial licenses in the U.S., Singapore, and other countries. The platform conducts business operations in compliance with regulations across 14 countries and regions.

Q: How can I avoid phishing sites pretending to be “FameEX”?

A: Always verify the official FameEX website address at www.fameex.com or our verification channel. Investors can access the platform 24/7 to use the online customer service channel and confirm any official information with real-time support. Any other websites claiming to represent FameEX are phishing sites—avoid visiting them! Additionally, please download the official app only from the official website or the Google Play Store, and avoid clicking on unknown links or installing app packages from unverified sources.