Following the exposure of the counterfeit platform AiWeex (ai-weexbep20.com) last week, WEEX has detected another counterfeit domain weex666bep20.vip spreading through social platforms. Its page content, operational model, and AiWeex are completely identical. WEEX once again reminds users: Such platforms have no relation to WEEX, and are indeed Ponzi scheme scams, so please be vigilant.
Core characteristics of the fraud model: High returns + multi-level marketing levels
According to a previous investigation published on the WEEX Blog (Beware of the counterfeit platform AiWeex: High return promises may be Ponzi schemes), the counterfeit platform has the following risk characteristics:
1. Abnormally high return promises: AiWeex uses 'deposit USDT for rebates' and 'AI quantitative returns' as bait to lure users to recharge, claiming that depositing 12 USDT can yield 1.6 USDT daily; depositing 82 USDT can yield 11.08 USDT daily; depositing 262 USDT can yield 35.8 USDT daily. Based on this calculation, the annualized return rate of this platform is at least 4,800%;
2. Unlock withdrawals by recruiting others: Users are forced to develop downlines to 'upgrade their teams', forming a multi-level marketing rebate system.
3. Short-term domain names and anonymous operations: The domains of fraudulent websites are all newly registered (e.g., ai-weexbep20.com registered on December 19, 2024, weex666bep20.vip registered on December 18, 2024), and they only communicate through Telegram, with no physical information.
The newly discovered counterfeit domain weex666bep20.vip continues the aforementioned characteristics, and technical comparisons confirm it shares the same origin as the AiWeex website, further exposing its fraudulent nature.
Counterfeit scam tactics: Brand confusion + technological disguise
Fraud groups continuously adjust their strategies to enhance confusion:
- Misuse of brand identity: Illegally using the WEEX logo and falsifying platform page styles;
- Multilingual interface disguise: The counterfeit website supports over 20 languages, creating a false impression of an 'international platform';
- Domain name proliferation: Changing to similar domain names (e.g., weex666bep20.vip) to evade bans and user reports.
Such tactics aim to exploit the reputation of the WEEX brand to lower users' vigilance, and are likely a pyramid scheme with high risks of capital loss.
How can users identify and prevent?
1. Official channel verification: The only official website of WEEX is weex.com, and all activities are announced through the official website and official social media.
2. Beware of unconventional returns: Any project that promises 'guaranteed profits' or 'tiered rebates' is suspected of fraud, and compliant trading platforms will not use recruitment as a condition for withdrawal.
3. Report suspicious links: If you discover a phishing website or misleading investment information, you can report it through the WEEX official website customer service channel or submit evidence to the local anti-fraud center.
WEEX hereby solemnly declares: WEEX has never authorized any third party to engage in 'quantitative rebates' or 'team commission' type businesses. Domains such as ai-weexbep20.com and weex666bep20.vip are all illegal impersonations. In response to such fraudulent behavior, WEEX urges users to protect their personal information and asset security, and to stay away from multi-level marketing traps.
Security reminder: Investment requires rationality.
High returns are always accompanied by high risks. If you encounter suspicious situations, please contact WEEX official customer service immediately for verification!