Txexuy.com is A Likely Scam

Overview

Txexuy.com is strongly suspected to be a fraudulent platform, identified as part of the “Txex” scam network, also known as Whalefall. This network operates as a Ponzi scheme, primarily targeting users through WhatsApp and social media platforms. The evidence gathered from official warnings, user reports, and scam detection analyses indicates that Txexuy.com is not a legitimate investment platform and poses significant risks to users.

Evidence of Fraudulent Activity

1. Official Warnings from Financial Authorities

The Financial Markets Authority (FMA) of New Zealand has issued a detailed warning about the Txex scam, explicitly listing Txexuy.com among over 30 fraudulent websites as of July 7, 2025. Key points from the FMA’s report include:

• Scam Operations:
  • Scammers create WhatsApp groups populated with bots and led by individuals posing as “mentors,” “coaches,” or “crypto advisers.”
  • They promise guaranteed 100% returns through “trading signals” and encourage users to recruit friends and family for rewards.
  • Users are instructed to deposit funds into cryptocurrency accounts and transfer them to so-called “trading accounts.”
  • Initial small trades may appear successful to build trust, but attempts to withdraw larger amounts are met with demands for substantial fees, which are never returned.
• Associated Websites: The FMA lists multiple domains, including txexuy.com, txex.com, txex.fun, txex-usa.com, and others, noting that scammers frequently change domains to evade detection.
• Impersonation: The scam impersonates legitimate New Zealand financial entities to appear credible.
• Source: FMA Warning on Txex

Additional reports from reputable sources, such as FinanceMagnates, corroborate the FMA’s findings, highlighting the use of multiple domains and the scam’s sophisticated tactics, including fake leaderboards and promises of prizes like cars.

2. Community Warnings on Social Media

Multiple posts on X from July 2025 explicitly warn that Txexuy.com is a Ponzi scheme, drawing comparisons to other fraudulent platforms like Lwex and Duex. Key examples include:

• Post by @woodeexm (July 8, 2025): “🚨 Scam Alert ‼️ https://txexuy.com is a Ponzi scheme like #Lwex and #Duex. Avoid investing. If invested, exit now! #Txexuy #Lwex #Dwex #TXEX #Cbex #RUGPULL #PonziScheme #Scammed #Help #ScamHelp”
• Post by @Mr_Harleyphaz (July 6, 2025): “⚠️ WARNING: Txexuy[.]com is operating a crypto Ponzi scheme, similar to #Lwex and #Duex. Avoid this scam site completely. If you’re already involved, exit now.”
• Post by @Michael_dave56 (July 8, 2025): “🚨 Scam Warning ‼️ https://txexuy.com is a scam and operates as a Ponzi scheme — just like #Lwex and #Duex. Do not invest in this platform.”

These posts, viewed by dozens to hundreds of users, consistently urge avoidance and immediate withdrawal, reinforcing the platform’s fraudulent reputation.

3. User Experiences on Reddit

A Reddit post in the r/CryptoScams community (posted May 1, 2025) provides firsthand insight into the Txex scam’s operations:

• User Experience: The poster describes joining a WhatsApp trading group led by a “crypto adviser” named Kevin, requiring an $800 USD deposit. Initial withdrawals were successful, but larger withdrawals incurred high fees (e.g., 30% tax unless the deposit was doubled). The user noted that while some participants withdrew small amounts, the scheme’s structure raised suspicions of a scam.
• Key Observation: The ability to withdraw small amounts aligns with the FMA’s description of the scam’s tactic to build trust before trapping larger investments.
• Source: Reddit Post on Txex

4. Scam Detection Website Analyses

Several reputable scam detection websites have analyzed Txex-related domains, providing further evidence of fraudulent activity:

• ScamMinder:
  • Analyzed txex.com and txex.fun, flagging them as potential scams due to:
    • Recent Domain Registration: Txex.fun was only 4 days old at the time of analysis, a significant red flag for legitimate platforms.
    • Vague Information: Lack of detailed information about operations, technology, or team.
    • Unverifiable Claims: Claims of safety, stability, and high performance are not backed by evidence or independent reviews.
  • Source: ScamMinder on txex.fun
• Scam Detector:
  • Noted low trust scores for txex.com and txex.fun, citing proximity to suspicious websites and generic content.
  • Source: Scam Detector on txex.fun
• Scamadviser:
  • Flagged txex-usa.com and txex.fun as suspicious due to low trust scores, recent registration, and lack of verifiable company information.
  • Source: Scamadviser on txex-usa.com

5. Additional Reports

• Decripto.org: An analysis published on May 25, 2025, describes Txex as a fake trading platform that downloads deadly spyware, posing additional risks to users’ devices and data. This indicates a sophisticated scam beyond financial fraud.
  • Source: Decripto.org on Txex
• FinanceMagnates: A report from April 17, 2025, details the Txex scam’s use of bots, bogus leaderboards, and broken promises, confirming the FMA’s findings.
  • Source: FinanceMagnates on Txex

Red Flags of Txexuy.com

The following characteristics strongly suggest that Txexuy.com is a scam:

Red Flag	Description
Ponzi Scheme Structure	Uses funds from new investors to pay returns to earlier ones, a hallmark of Ponzi schemes.
Lack of Transparency	No verifiable company information, regulatory licenses, or clear operational details.
Unrealistic Promises	Guarantees high returns with minimal risk, which is unrealistic in volatile cryptocurrency markets.
Frequent Domain Changes	Part of a network of over 30 domains (e.g., txex.com, txex.fun, txex-usa.com) used to evade detection.
Blocked Withdrawals	Users report inability to withdraw funds, often facing demands for additional fees.
Malware Risks	Related Txex platforms are known to download spyware, compromising user devices.

Recommendations for Your Community

To protect your community from Txexuy.com and similar scams, consider the following actions:

1. Avoid Engagement:
   • Do not invest in or share personal/financial information with Txexuy.com or related platforms.
   • Be cautious of unsolicited messages on WhatsApp or social media promising high returns.
2. If Already Involved:
   • Attempt to withdraw funds immediately, but be wary of any fees or additional requirements, as these are likely tactics to trap your money.
   • Report the scam to local financial authorities, such as the FMA (https://www.fma.govt.nz) or the Federal Trade Commission (https://www.ftc.gov).
   • Contact Victim Support in New Zealand at 0800 842 846 or via their website for emotional and practical support.
3. Verify Legitimate Platforms:
   • Check if a platform is registered with financial regulators, such as the FMA’s Financial Service Providers Register (https://fsp-register.companiesoffice.govt.nz).
   • Use trusted scam detection tools like ScamAdviser (https://www.scamadviser.com) or ScamMinder (https://scamminder.com) to evaluate platforms.
   • Seek independent reviews from reputable sources, not just testimonials on the platform’s website.
4. Raise Awareness:
   • Share this report with your community to educate others about the risks of Txexuy.com.
   • Encourage skepticism toward investment opportunities that sound too good to be true.
   • Report spam messages to the Department of Internal Affairs in New Zealand (https://www.dia.govt.nz/Spam-Report-Spam).

Conclusion

Based on extensive evidence from the FMA, user reports on X and Reddit, and analyses from scam detection websites, Txexuy.com is highly likely to be a scam. It operates as part of the Txex (Whalefall) Ponzi scheme, using deceptive tactics to lure investors and prevent withdrawals. The platform’s lack of transparency, frequent domain changes, and association with malware further confirm its fraudulent nature. Your community should avoid Txexuy.com entirely, and those already involved should take immediate steps to withdra