Fake Crypto Exchange That Stole Millions
A new crypto exchange called ApexTrade launched, claiming to offer zero fees and exclusive tokens. It gained hundreds of thousands of users, and even well-known influencers promoted it.

Traders deposited millions in crypto. Then, one morning, users were unable to withdraw funds. The exchange’s support team went silent, and within days, the entire website was taken down.

The developers had exited with over $50 million, and none of the victims could recover their funds.