What is the name of the owner of 99EX Exchange (99ex exchange scam)

What is the name of the owner of 99EX Exchange? According to official news from 99Ex, what is the name of the owner of 99EX Exchange? The owner of 99EX Exchange is called what?

It is understood that 99EX is a global digital asset trading platform located in Singapore, jointly invested by OKCAPITAL, KeYin Capital, and Lianjie Capital. Since its establishment, 99EX has obtained strategic investment from Node Capital, and the number of registered users has exceeded 200,000, with a daily average of over 200,000 trading users.

In addition, 99EX has also established a blockchain special service plan, focusing on supporting the development of new technologies and new application scenarios, creating a first-class technological development environment, and providing investors with better quality service products.

99ex exchange scam

Editor’s note: This article is authorized to be reproduced by Odaily Star Daily.

99ex is a scam disguised as an exchange, using various methods to defraud investors through inducing deposits and withdrawals.

According to statistics, as of December 19, 2019, the global cumulative registered users reached over one million. Among them, two project parties have fled. One is the Binance exchange, with stolen funds exceeding 200,000 yuan; and the other project is called “99ex”, claiming to be able to achieve 100% contract income repurchase and destruction.

The so-called 99ex is a digital asset trading platform based on blockchain technology, jointly invested, built, and operated by OKCAPITAL, KeYin Capital, and Lianjie Capital. “99ex” was established in June 2019, with 2 million registered users, “99EX.COM”, “Jiucheng Group,” “Zhongying International.”

Specifically, 99ex adopts a new incentive model and matching engine design, matching the system with the order book of existing trading platforms, and introducing new liquidity and depth indicators. In addition, the new version also added support mechanisms for miners (similar to mining on Ethereum).

Currently, 99ex has launched perpetual contract, delivery contract, and hybrid contract products, and has opened USDT trading pairs. It is reported that 99ex has learned from the contract model developed by OKEx, but it has been launched for a short time. However, due to the long upgrade time and the large number of participants in the early stage, the 99ex team is actively exploring other ways to reduce risks while continuing to monitor.

Please be aware of the following:

1. Account assets may be lost due to technical issues that result in the inability to access the website normally;

2. If there are sudden security issues or hacker attacks, please report to the police in a timely manner;

3. If you find any abnormal behavior, you can report it to 99ex official;

4. In case of phishing scams, you can contact 99ex customer service.