Is LWEX Exchange Platform legit and real? Can you trust the professors? Or is this just another horrible scam targeting gullible people?
Let’s find out…
LWEX Exchange The Company:
There is no information about who owns or runs this company on their website.
What you are dealing with is a case of ‘anonymous’ experts:
Domain Registration:
The domain (lwex.com) was privately registered on December 12, 2006:
This is an older domain but was up for sale until 2021:
Before 2021, their website was used to an online directory from topics on dogs to cars to finance etc:
It is unclear why the original owners (of this domain) removed all of their content prior to 2021 and sold their website.
According to them:
LWEX demonstrates commitment to legal and transparent operations through MSB registration
This implies they are registered with the MSB but don’t show any proof that they are.
MSB Registration more protects them and not investors.
For LWEX Exchange to be legitimately licensed, they must register with any Securities Regulator anywhere an investor decides to invest from.
They are not registered with any Securities Regulator worldwide.
LWEX Exchange States:
LWEX Exchange Global Professional Station, an innovative digital asset trading platform serving global professional trading users, is committed to discovering high-quality innovative digital asset investment opportunities. Currently, it provides more than 40 digital asset product trading and investment services. Headquartered in the United States, it is operated by the LWEX Exchange global professional station team.
Sadly there is no proof of any of this.
Top Countries:
Conclusion:
LWEX Exchange Looks like another ‘fake’ exchange.
Why?
Anonymous Experts
No Address
Not Registered
Not Licensed
Representatives contact victims on telegram and whatsapp
How The LWEX Exchange Scam Works?
- Victims / Investors are approached on whatsapp and telegram.
- They are greeted with fake experts with fake titles like ‘Professors’
- Investors are encouraged to invest or are given free trading accounts
- Investors / victims are shown fake trades resulting in 60% Gains
- Investors / victims have to pay a fee to get their money out
- Investors / victims are encouraged to lure family and friends to earn ‘bonuses’
- Investors / victims eventually get blocked after they figure out they can’t withdraw their ridiculous returns
Some go looking for another scam that doesn’t look as risky.
About the Author:
-Rory Singh
EX Canadian Truck Driver
I used to work up to 80 hours per week, away from my home and got fed up with that lifestyle. I came online, plugged into a system, followed the steps in training and started creating a part time income. Eventually I got really consistent and replaced my income entirely online and only have to work a couple hours per day.
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