Recently, the market has been highly volatile and difficult to control, but this is often when scammers thrive. They specifically target active investors on social media, using "high yield screenshots" and "insider information" as bait, gradually luring people to fake platforms.
The recent scam incident involving a fake CEEX exchange utilized "human weaknesses" and "technical loopholes" to carry out the fraud.
According to investor descriptions, the scammer claimed to be "Wu Zhihua" (English name Alex), claimed to be from Hubei, graduated from Shanghai University of Finance and Economics with a degree in statistics and finance, and studied trading techniques under Wall Street traders in the United States. He is currently employed at Merrill Lynch's Los Angeles office.
Wu Zhihua proactively contacted him through social media, gaining trust by presenting himself as a "professional trader" and crafting the image of a successful person. After winning the investor's trust, Wu Zhihua guided him to a platform called "CEEX Exchange" (https://ceex-vipivna.com), encouraging him to invest funds for trading.
After the initial investment, the platform showed account profits continuously growing. At one point, he withdrew a portion of his funds, but when the account balance reached $106,302.9, he attempted to withdraw again, only to be met with various excuses from the platform. At this point, Wu Zhihua completely disappeared, leaving him with nothing.
Investigations revealed that the domain of the fake CEEX exchange (https://ceex-vipivna.com) was established on July 26, 2024, with a very short operational time.
Surviving in this chaotic and fluctuating market is already not easy. Losing is one thing, but getting scammed again would be a real disaster. The market is inherently volatile; the more turbulent it gets, the more calm one needs to be. Don't be careless just because you're eager to recover your losses.