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SCAM WARNING!
@Margexcom Margex is a SCAM.
They tout no KYC and when you start withdrawing profits they put you in a lengthy KYC check then claim you breached terms of use without any evidence.
WE CAN TAKE THEM DOWN
I lost my entry point because of their scam. I would have been debt free if I never used Margex.
Margex was promoted by so many major YouTubers who never made dedicated videos warning people. They only mentioned it DURING other videos they posted about the general market rather than ensuring all of their subscribers knew this.
Guys like @Perry8k + @conorfkenny + @Steph_iscrypto promoted them all of the time but showed little accountability. They should have done dedicated videos about MARGEX SCAM and removed all of their Margex promotional videos. But from what I can tell, they did not.
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Please report the Margex X account as spam scam. Let's shut down this evil business that takes advantage of hard working people.
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I had made life changing profits on there. I was on a roller coaster high after going all in. Months later they block my account. Meaning I lost 500% of potential gains I would have made in spot. I thought I was finally free and then they pulled this stunt. I went from cloud 9 straight back to hell. I put years into building my positions and now I'm feeling dread every day.
Note: I didn't make a "bad trade" I was up 40x my initial investment and then some. I was scammed. Simple as that. And it's not acceptable. Especially if Margex continues operating.
They manipulated and robbed people of their profits all over the world and continue to do so. And it's not just profits they're taking. It's a persons sense of financial freedom, time, peace. So much goes into this.
Please goto the Margex X account and report them under the spam and scam option. Let's take down their X page and make the Crypo community a little bit safer again. I do not trust any exchange based in the same location as them!
I'm spending my own money to share this message. Please do your part by reporting their page and reposting! We don't have to let them get away with it.
This scam exchange is based in the same place as OKX which was also a scam.
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