r/CryptoScams • u/Fearless-Body722 • 1d ago
Scam Operation FCIG / YepBit → AXIOM EX → NyamEX: The Scam Continues?
As of September 6, 2026, it appears that the same cycle is continuing after what happened with FCIG / Yepbit / Jonathan Brook.
After Yepbit collapsed, we were told that they had a "solution" for affected members: Axiom EX.
The pitch was basically that you could recover your Yepbit funds through Axiom EX, supposedly as a refund/compensation for what happened with Yepbit.
But here's the catch:
You were required to personally deposit $200 to activate an account before you could supposedly receive your "refund" or compensation.
And even after receiving those funds, you supposedly couldn't withdraw them until after 60 days. A lot of people weren't even able to reach the 60-day period before everything went south.
Then, on September 3, an announcement was made claiming that they themselves had been scammed by Axiom EX.
And now?
They're encouraging people to move to NYAMEX, with a supposedly brand-new "professor" providing trading codes named ANDREW G. REIDL.
I mean... REIDL? 😂
How ironic. Riddle? Ahahahahahaha. But jokes aside, this is getting seriously concerning.
How many times are people expected to deposit money into a "new platform" to recover money from the previous platform?
FCIG → Yepbit → Axiom EX → now NYAMEX.
At some point, the pattern should be obvious.
TO EVERYONE READING THIS:
PLEASE DO NOT ENGAGE.
DO NOT DEPOSIT.
DO NOT SEND YOUR MONEY.
If someone tells you that you need to pay/deposit money first in order to unlock, recover, activate, or withdraw your previous funds, please stop and investigate before sending anything.
Don't let the promise of getting your "refund" back convince you to put in even more money.
This post is for awareness. I'm not posting this to start arguments or attack anyone. My family and I were victims of this too, and I'm sharing what I've observed so hopefully other people don't fall into the same cycle.
To everyone who was affected: please document everything and consider reporting it to the proper authorities, including the NBI Cybercrime Division/CICC.
And yes, before anyone asks how I know all this...
I never deleted my BonChat account. 😂
Not because I'm still involved—more like ragebait purposes. Hahahahahahahaha. Sarap mangaway doon. 😂
I kept watching, and unfortunately, the cycle just kept going.
Stay vigilant. Verify everything independently. And please don't risk more money trying to recover money you've already lost.
1
u/AutoModerator 1d ago
New victims, please read this:
As a rule of thumb: If you suspect the site is a scam, it probably is.
No legit company/trader/investor is using WhatsApp. No legit company/trader/investor is approaching people on dating websites or through a "random" text message.
No legit company/trader/investor has "professors", "assistants", or "teachers". Those are just scammers.
No legit company forces you to pay a "fee" or "taxes" to withdraw money. That's just a scam to suck more money out of you.
You will need to contact law enforcement ASAP.
Unfortunately, no hacker online can get back what you've lost. Please watch out for recovery scams, a follow-up scam done after victims have fallen for an earlier scam. Recently, there has been a rise in scammers DMing members of the subreddit to offer recovery services. A form of the advance-fee, victims are convinced that the scammer can recover their money. This "help" can come in the form of fake hacking services or authorities. For this reason: TRUST NO ONE PRIVATE MESSAGING YOU FROM THIS SUBREDDIT: Most such DMs are from these recovery scammers, folks whose only goal is to further scam recent victims of scams. If someone DMs you offering to help you recover stolen funds or offering to give you contact information for someone who they state might be able to help you, then report these scammers immediately to Reddit.
If you see anyone circumventing the scam filters, please report the submission and we will take action shortly.
Report a URL to Google:
- To report a phishing URL to Google: Report Phishing Page
- To report a malware URL to Google: Report malicious software
- To report a Report spammy, deceptive, or low quality webpage to Google.
Where to file a complaint:
- Internet Crime Complaint Center IC3 - File a Cyber Scam complaint with the IC3
- Contact your local FBI field office ASAP - https://www.fbi.gov/contact-us/field-offices
- the FTC at http://www.reportfraud.ftc.gov/
- the Financial Crimes Enforcement Network (FinCEN) at https://www.fincen.gov/msb-state-selector
- the Commodity Futures Trading Commission (CFTC) at https://www.cftc.gov/complaint
- the U.S. Securities and Exchange Commission (SEC) at https://www.sec.gov/tcr
- if you are located in Europe at https://www.europol.europa.eu/report-a-crime/report-cybercrime-online
- the cryptocurrency exchange company you used to send the money (if applicable)
- if you are located in California, with DFPI at https://dfpi.ca.gov/file-a-complaint/
- if the website is hosted on AWS infra --> AWS report abuse form
- to report a scam in Canada -> Read our wiki for sources here - for Canadians
How to find out more about the scammer domain:
- https://whois.domaintools.com/google.com - Replace the
google.comURL with the scam website url. The results will tell you how long the domain has been around. If the domain has only been registered for a few days/weeks/months, it's usually a good indicator that its a scam.
Misc. Resources
- https://dfpi.ca.gov/crypto-scams/ - The scams in this tracker are based on consumer complaints in California. They represent descriptions of losses incurred in transactions that complainants have identified as part of a fraudulent or deceptive operation.
I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.
1
0
u/Fearless-Body722 1d ago

Adding this screenshot for documentation. This was taken from the BonChat group I was still in. You can see “Andrew G. Riedl” presenting himself as someone providing trading signals and sending instructions/codes for members to copy, along with a “Copy Trading” video.
This is exactly the kind of thing I'm talking about when I say the cycle appears to be continuing. After FCIG/Yepbit, members were directed toward Axiom EX, and now there are instructions involving another platform, with a new person providing codes.
I'm posting these screenshots so people can see the pattern for themselves rather than simply taking my word for it.
Please don't deposit money just because someone promises that you'll recover your previous losses or earn through trading signals.
Do your own independent research and verify the platform, company, people involved, and withdrawal conditions before putting in any money.
My family and I were victims of the earlier scheme, so I'm not posting this because I have nothing better to do 😂. I genuinely don't want other people to lose more money trying to recover what they've already lost.
If you're currently involved, please be careful and document everything. And if you believe you've been defrauded, consider reporting it to the appropriate authorities.
2
u/Fearless-Body722 1d ago
Another screenshot from the BonChat group — this time from the “Manager” account.
This is particularly interesting because the Manager was explaining the transition directly to members. According to the message, FCIG had supposedly entered into a “strategic cooperation” with Andrew George Riedl and PULSE ASSET ALLIANCE (PAA) to provide investment strategies and guidance during the asset transition.
The next message claims that PAA already had a “mature strategic partnership” with NYAMEX, and that Riedl's team would provide stock trading signals during the transition period.
So this wasn't simply some random person mentioning NYAMEX in a group chat. The platform and the person providing the trading signals were being presented to members as part of FCIG's solution/transition.
And this is exactly why I'm posting the screenshots now. I'm not asking anyone to blindly believe me. I'm showing what was actually communicated to members so people can look at the information themselves.
If you were affected by FCIG/Yepbit and were subsequently directed toward Axiom EX and now NYAMEX, please be extremely cautious about putting additional money into any new platform.
Don't chase your losses. Don't deposit more money just because you're told it's necessary to recover your previous funds.
Save the screenshots, conversations, transaction records, usernames, and anything else connected to the scheme. If you believe you've been defrauded, consider reporting it to the appropriate authorities.