These days, extensive advertising is taking place in the virtual space and social networks to attract audiences to the EXDEX project; a project that claims to operate in the field of investment in financial markets, Forex, and digital currency transactions, promising fixed profits and dollar revenues. However, according to Iran Warning, this project is actually a pyramid scheme. Reports indicate that this project, designed and launched by two Iranian individuals with the initials ‘S.Y’ and ‘S.S,’ who have previously been involved in launching several pyramid schemes in Iran. Interestingly, these individuals are currently detained by the Armenian government. Nevertheless, even after the arrest of the main culprits, internal branches continue to lure investors with enticing promises and deceptive advertisements. Experts state that the revenue model of this project is clearly a pyramid scheme, and assessments by reputable validation websites also indicate a very high investment risk in this project. In this regard, it is recommended to refrain from any investment in this fraudulent scheme. On the real-time currency price page, you can view the prices of all tokens and cryptocurrencies live and instantaneously.
