Is AMFEIX a Huge Scam?

https://www.coincurb.com/news/is-amfeix-simply-a-huge-scam/

Promising returns of over 100% a year, AMFEIX seems to be a classic example of ‘too good to be true’. AMFEIX calls itself an investment bank and has been featured on Yahoo Finance, NewsBTC and other mainstream media.

A bank featured on popular news channels can’t be a scam, right? Probably wrong.

One of the best ways to detect any scam is to look for amazing economic returns, something that offers you the ability to become rich quick or huge 100% returns on your money is most likely a scam.

There is even a thread here, investors-based about the platform https://bitcointalk.org/index.php?topic=5157085.0

What do you guys think, 100% scam?

Well, for me I can't trust investment sites even it is legal or not.
Because I've been scam many times to many investment sites. There is no free online no one can give you free bitcoin nowadays(Except for faucet.). Like the other said from the thread link above is how they can actually make a profit?

So, this is 100% scam and look at the thread most of the posts from the thread are telling that this is scam.

Another thing is they are anonymous almost all of their information according to whois is "REDACTED FOR PRIVACY" so it is a sign that if you invest there and they're gone your investment is gone forever. How can you chase them if their business is gone?

Yes. How could anyone think that it’s not? If they can get 100% return they would just borrow the money from someone. And yet I’m sure there are plenty of people who will put money in and then complain later.

There are plenty of venture capitalists who would gladly lend them money. Family and friends etc

Quote from: cr1776 on March 05, 2020, 09:21:03 PM

They got around $50 million from investors already...

While 100% returns a year has certainly been demonstrated by many cryptocurrencies, I'm not sure how any genuine company can unequivocably offer such a return without there being one or more drawbacks.

Looks like the platform enforces a minimum investment limit, indicative of a platform that will eventually pull an investment scam.

Likewise, an anonymous team and absolutely no information on how the return is generated are also huge red flags.

The article seems to say that the platform raised over $50 million though, can't see the source for it though? Seems unlikely that they could have raised such a huge amount without more fireworks.

Quote from: DarkDays on March 05, 2020, 11:06:29 PM

they can claim to raise millions of $$s but how? very few projects can pull that huge amount of money in the current market. and with anonymous team??? i dont think so.
i hope people will not be attracted by this 100% returns, which is more then likely a trap!

Quote from: Astargath on March 05, 2020, 08:28:24 PM

As they give a to good to be true offers they can be tag as that and the thing we need to do is to avoid them since there are so many cases that almost all of the crypto investment platforms wreck us down and hopefully those things can be a bases for us to learn a lesson, so better stay away with that and look for better things here.

Quote from: Astargath on March 05, 2020, 08:28:24 PM

Promising returns of over 100% a year, AMFEIX seems to be a classic example of ‘too good to be true’. AMFEIX calls itself an investment bank and has been featured on Yahoo Finance, NewsBTC and other mainstream media.

I dont know why these media outlets have been publishing this kind of project. Clearly they dont do some research on this firm as long as the payment for the advertisement is well secured. Even CMC uploads an ads of amfeix, etherscan too. Im wondering why they also entertain a project that offers a too goos to be true scheme.

What bothers me more is their team. How come they raised funds with unknown developers and business operator of this? Really strange, terrifying on how people can be good on marketing. Power of word of mouth seems amazing isnt it.

I wouldn't trust them.

How they can sustain the returns to their investors? more than 100% a year is hard to maintain. Even the banks and other legitimate investments cannot provide such a percentage of returns.

Quote from: DarkDays on March 05, 2020, 11:06:29 PM

While 100% returns a year has certainly been demonstrated by many cryptocurrencies, I'm not sure how any genuine company can unequivocably offer such a return without there being one or more drawbacks.

Looks like the platform enforces a minimum investment limit, indicative of a platform that will eventually pull an investment scam.

Likewise, an anonymous team and absolutely no information on how the return is generated are also huge red flags.

The article seems to say that the platform raised over $50 million though, can't see the source for it though? Seems unlikely that they could have raised such a huge amount without more fireworks.

I know but, you can check it out through their own BTC address: https://www.blockchain.com/btc/address/33ns4GGpz7vVAfoXDpJttwd7XkwtnvtTjw

Go to https://amfeix.com/ and scroll down to 'Wallet Address'.

Do you want to know whether or not they are scammers or do you want to defend them?
There are a lot of things that make you ignore them and a lot of negative signs. On the other hand, there is no one to put a gun on your head to force you to invest.
The minimum investment limit is 0.1 BTC, there is no minimum, many promises to make profits, there is no detailed explanation of how they got that money nor the projects that guarantee them to pay.

Reading some comments from trustpilot^[1]will make you decide whether or not they are scammers.

[1] https://www.trustpilot.com/review/amfeix.com

All Amfeix results - https://amfeix.now.sh from Ethereum blockchain

Quote from: hero101 on March 09, 2020, 12:28:56 AM

All Amfeix results - https://amfeix.now.sh from Ethereum blockchain

Oh, I see you are working with them. Why should anyone believe in random numbers? I could write that I'm making +20% per day while trading, why should anyone believe me? Where is the proof?

Quote from: Astargath on March 10, 2020, 06:20:53 PM

Quote from: hero101 on March 09, 2020, 12:28:56 AM

All Amfeix results - https://amfeix.now.sh from Ethereum blockchain

Oh, I see you are working with them. Why should anyone believe in random numbers? I could write that I'm making +20% per day while trading, why should anyone believe me? Where is the proof?

Even if 5% a day is promised, it's a definite scam and I'd talk no numbers here (the way you asked us about the project being 100% scam or not) but would say that giving such huge returns isn't even possible if you are investing in Movie Productions, you know why? Because even such things have a lot of risk involved and if the Movie they've invested in, fails to deliver and gain even 50% of the total invested capital, then I believe that the loss will be big enough for them to recover if they decide to produce another movie and take another risk. Movie Productions was just an example of what type of investments could bring a 100% (or even more) return.

AMFEIX ponzy is DONE.
All telegram group admins are gone, just a note from the CEO stating that that due to some "apparent" congestion from the bitcoin halving,
all withdrawals have to be manually processed and that takes time while the "AMFEIX system" gets redeveloped.

LOL : the AMFEIX wallet shows no outgoing transactions for a few days already.

How about the fact that AMFEIX requested to be removed and dissolved on 31.05.2020 from the UK companies house?
https://beta.companieshouse.gov.uk/company/12245633/filing-history

You have all been warned many times.
Lets see if the Cheerleaders and referral whores have the guts and balls to come out and apologize.
Yes you know who you are. When this is official rest assured that you will be called out

Quote from: Kingagraf on June 01, 2020, 09:35:54 AM

So it finally collapsed?

Quote from: Astargath on June 01, 2020, 08:09:57 PM

Quote from: Kingagraf on June 01, 2020, 09:35:54 AM

So it finally collapsed?

Looks very much like it

Ive been in for over a year but things got weird in May. Withdraws stopped, trading stopped this month. I was banned from their main chat and a couple days ago they sent me (and others) a threat about Violation section 28 of the new white paper they just put out because i was in a chat room with a reporter presumably. "Until it has not been resolved the verification process will have a perpetual pending status on the above address". So... They are holding everyone's funds until the reporter apologizes for his article. Everyone they think is involved in the story. Pretty disturbing behavior and i can no longer recommend Amfeix. It is too bad because they were great last year, doubled my investment and i never had to wait more than 24 hours for any withdraw.