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Be aware of CEX[.]io.

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by COINS NEWS 94 Views

Likely many of you are aware of the memes that are floating around where a watermark of CEX[.]io can be seen. Digging a bit further, the exchange looks rather sketchy. The domain is privately registered, their subreddit is filled with people complaining about not being able to withdraw, and most importantly, making false claims about being FDIC insured [1]. Please be aware of scammers.

[1]. https://www.fdic.gov/resources/regulations/laws/section-18a4-of-fdi-act/letters/2023-02-15-lutskeyvch-et-al.pdf

submitted by /u/woywoy123
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