Scam Warning: BlyWeXy.com, Kyxedex.com, Blyniwex.com & Logewix.com

• BlyWeXy.com, Kyxedex.com, Blyniwex.com and Logewix.com appear to be near‑identical crypto‑exchange websites using a classic “AML deposit” and “VIP‑upgrade” withdrawal block scam.
• Users are lured to deposit, allowed to trade normally, but get locked out at withdrawal—told to pay an extra one‑off fee (3,500 USDT) to “upgrade to VIP.”
• These demands violate best‑practice AML/KYC rules and are not found in the sites’ own user agreements.
• We urge the community NOT to deposit funds and to document and report any contact with these entities to your local financial‑crime authority.

Timeline & What Happened

The user’s chat transcripts match dozens of public complaints across Reddit and X (Twitter) describing identical playbooks.

Why These Sites Look Suspicious

1. Copy‑Paste Websites – Page structure, CSS, support chat widget, and even typos are identical across all three domains.
2. Newly Registered Domains – WHOIS data shows each was registered in 2025, lacks verifiable company information, and hides behind privacy shields.
3. No Licensing Footprint – None of the domains appear on major financial‑services registries (FinCEN, FCA, AUSTRAC, etc.).
4. Withdrawal‑Block Paywall – Reputable exchanges never lock withdrawals behind fresh deposits; AML holds require documentation, not cash.
5. Contradictory User Agreement – The published “User Agreement” contains no clause about VIP‑only arbitrage or mandatory deposits to unlock funds.

Anatomy of the “VIP‑Upgrade” Scam

1. Smooth Onboarding – KYC passes quickly, small test withdrawals may even succeed.
2. Sudden AML Flag – A withdrawal above a threshold triggers an automated pop‑up: “High‑risk, please contact support.”
3. Micro‑Deposit Trap – Victim is asked to top up a fractional amount (e.g., 0.001 BNB) to show “good faith.”
4. VIP Demand – Support then cites hidden T&C: only VIPs may arbitrage or withdraw; upgrade fee: 3,500 USDT.
5. Endgame – If user pays, the goalposts move again (new compliance fee, tax clearance, etc.) until victim gives up.

What To Do If You Have Funds Stuck

1. Stop Sending Money – Do not pay further “fees.”
2. Screenshot Everything – Chats, account page, transaction IDs, URLs.
3. Report – File with:
   • Your national financial watchdog (e.g., SEC, FCA, ASIC)
   • IC3.gov (U.S. internet‑crime), Action Fraud (U.K.), or local police cyber‑unit.
4. Charge‑Back/Card Dispute – If you purchased crypto via card or ACH, contact your bank.
5. Public Warning – Share redacted evidence on forums (Reddit r/scams, X) to raise awareness.

How To Vet Exchanges Before Depositing

Regulatory & Legal Context

• “Advance‑fee fraud” is illegal under most jurisdictions’ anti‑fraud statutes.
• Exchanges serving U.S. customers must register as MSBs with FinCEN and comply with the Bank Secrecy Act. These domains do not appear in the registry.
• EU users are protected under the Markets in Crypto‑Assets (MiCA) Regulation (effective 2024); unlicensed operators may face EU‑wide bans.

BlyWeXy, Kyxedex, and Logewix present every hallmark of an advance‑fee crypto scam. Until they:

1. Provide verifiable company registrations and licensing, and
2. Remove the pay‑to‑withdraw “VIP” requirement,

we recommend avoiding all interaction with these platforms.

If you have already deposited funds, follow the remediation steps above and report promptly.

Stay safe, and always research before you deposit.