We advise everybody, who’s got funds on FameEX exchange to withdraw them and close the account, so that this not happens to you!
FameEX has already been involved in suspicious behavior in the past by blocking users accounts without providing a reason, when these users tried to withdraw their funds.
More than once, we needed to claim the unblocking of users accounts, who contacted us directly asking desperately for help, because they received no answer from FameEX support. But we had direct access to the responsible persons due to our listing contract and always managed to have the users accounts unblocked again.
This was the first time we already started to get a bad feeling about FameEX, but as they always unblocked the accounts on our request and let the users withdraw their funds, we were not suspecting an active fraud!
A month ago they delisted us, because they claimed that PUTinCoin had provided not enough liquidity although we invested 20 million PUTinCoin as market making capital. When we then tried to withdraw these funds, FameEX claimed to have a “software error” preventing them from paying out our funds. They said that by this software error, FameEX paid out too much PUTinCoins to other users. This is a mere lie, because they approve any bigger withdrawal manually and must have recognized, if there was any unjustified withdrawal attempt. (And even when the story about a software error is true, it is their responsibility to take care that their exchange works flawlessly and they will have to refund any coins lost by their own fault, because they are responsible for it.)
We tried to find an agreement with them by making serveral proposals on how to solve this situation, but they simply refused to answer to any of our messages. Therefore, it is our duty to inform our community and the whole crypto world about the FRAUD of FAMEEX, so that the know that their funds won’t be safe at FameEX exchange and to take care, that you all do not suffer the same FameEX scam than we did. We have also informed the big price trackers like Coinmarketcap and Coingecko so that they can take appropriate measures and we will inform all big and small crypto media with which we have good contacts.
We hereby provide proof of their fraud by providing an overview of our Telegram communication with FameEX as well as some communications of other users, who also claimed the release of their funds and just got a fake response about a “software error”. Regarding this, the the actual amount of damage is a lot more than 20 million PUT, which accounts for more than $16,000.00 in present value! 😡😡😡
Therefore, we also kindly ask all people, who were also frauded by FameEX, to write about their situation in the comments of this page, so that we let the world know about all the mean actions FameEX made!!
Always fighting for justice!
The whole PUTinCoin – Team
What you can see from these screenshots provided by users also frauded by FameEX is the following: Screenshots of accounts with the biggest amounts of stolen PUTinCoins (almost $16,000 in value), “fake reasons” on why withdrawal was not approved (the most interesting reason is “system maintenance”, meaning they could not pay out because of a system failure 😂😂), a user got his PUT account “frozen” and users already posted the fact, that FameEX is a SCAM in the FameEX Telegram group. More proof to come.
And pls. write in the comments, if you have also been frauded by FameEX, no matter if it was about PUTinCoin or other coins or if simply you just want to let the community know about your thoughts on this crime committed by FameEX.
John
Hi community! I am one of the market makers of PUTinCoin. One of the above accounts with more than 10M PUT belongs to me. I must say that I am really, really disappointed, that an exchange like FameEX, which claims to be big and serious, and which presented itself to us that way, is just a thief and a scammer.
I don’t understand, why the people, who run FameEX could act in such a vile manner. Don’t they have a minimum sense of responsibility? How would they feel if somebody does that to them? But I understand: they think that PUTinCoin is just a small, irrelevant coin with a small community, who cannot and would not fight for their property. Well, I think that now we all got the chance to prove them wrong!
What do you think?
nimtup
Another frauded FameEX user sent us the screenshot of his rejected withdrawal of just a little more than 81,000 PUT. We inserted it above. Can you imagine? Just this low amount and FameEX stole it without having a bad conscience.
Bilal
FameEX exchange is a fraud and scamer Exchange
M sultan
This Exchange is a big scamer fraudlent my lost everything today im poor
Tom
STOP!! Watch out for fameEX. This crypto exchange is run by liars and fraudsters. With lies like “there’s a software bug” they block your account and your deposits and coins. It is then no longer possible to withdraw. If you want to keep your assets, do not deposit anything on FameEx, do not trade there, and do not transfer any coins there whatsoever. While you still have access to your account, transfer your coins to another wallet (cold wallet). Otherwise, you risk losing everything.
FameEX is a Scammer Exchange.
nimtup
dieNase
I am one of the biggest Put holders and a little Part of the Market Making. First Fameex locked my Account by risk control. It takes two weeks to unlock it…. then some weeks later i can not lock in because wrong pasword although the pasword was the right one. Two weeks to unlock the Account. So my experience: Fameex is technically insecure, is stealing assets and frauding people. My recommend: WITHDRAW EVERYTHING and CLOSE YOUR ACCOUNT!!
Ali Mamedov
The Fameex exchange is a fraudulent exchange!!! I was blocked several times without reason and I could not withdraw my funds!! I lost almost a million puts there!!! I recommend everyone not to go to this exchange unless of course you
nimtup
Big Podcasters also report about the spam of FameEX!!
Darko
I was try withdraw and alwais is my transaction faild…whenever I contacted customer support, they told me that it was network maintenance and that everything would be resolved by the deadline…which it wasn’t, so my Put coin remained with them at 86,000
nimtup
Look what I found about FameEX! This report has already been issued a year ago:
Brenda Michelle
I lost more than $29,000 USD from FameEX, and they blocked my trading account by themselves, asking for another amount to unlock my trading account, I took a legal action against them to recover my money. You’ll be careful out there..