Do not invest with this entity
This entity appears in one or more regulatory or sanctions lists (SEC PAUSE, DFPI, OpenSanctions). Report to the FBI IC3 at ic3.gov and the FTC at reportfraud.ftc.gov.
100Ex
Investment / sanctions alert · dfpi
DFPI — Victim narrative (California)
A California victim was convinced by “Emily from San Francisco” to trade cryptocurrency on her exchange, “100Ex.” Over a few weeks, the victim transferred a little under $2,000 worth of Bitcoin onto the exchange. The victim then received an email representing their account balance as $50,580.59. However, to withdraw the money, the victim would have to pay taxes of 15% on the earnings, which 100Ex calculated to be $7,437.31. The victim was instructed to send the tax payment to 100Ex within 5 days or 100Ex would add a late penalty of 5% of the total daily tax amount.
Estimated loss: $2,000
Type: Fraudulent Trading Platform | Pig Butchering Scam
Have you been contacted by 100Ex?
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What to do if you were targeted
- 1.Stop all transfers immediately.
- 2.Contact your bank or wire transfer service to attempt a recall.
- 3.File a complaint with the FBI IC3 at ic3.gov.
- 4.Report to the FTC at reportfraud.ftc.gov.
- 5.Report to your state securities regulator via nasaa.org.