[SCAM] FATHOM.CX - Fake CEX & Drainer Scam

[albon]

What happened:: I came across this service posted by a Newbie member on August 15, which was also the last day they were active here.

They posted about a new CEX that is only 8 days old and say that listing your token there is free.

However, considering how new the platform is, it has a wallet connect button on nearly every page and it also asks for permissions on multiple networks and asks users to sign a message to create an account on their platform.



Also, on their referral page, the platform offers an unusually high commission of up to 20% of trading fees and deposit fees forever.



I noticed that the deposit addresses I checked appear to use the same fixed address: [0xeda7ccBc73827362d6836c153f6F7Db2bF537A68]. When I click "Generate" no new address appears.



The site also says that $1,000+ deposits count toward the FCX airdrop volume, while $10,000+ unlocks a $250 EMBR trading bonus.

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FATHOM.CX
A brand-new CEX. Live now. Listing season is open.

https_://fathom[.]cx

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★ GRAND OPENING ★
LIST YOUR COIN / TOKEN FREE THIS MONTH
New markets are priority #1. If you have a ticker, we want it on the board.

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Reported Profile Link: https://bitcointalk.org/index.php?action=profile;u=2820884



Reference Link:

[1] [ANN] Fathom.cx Grand Opening - List Your Coin/Token Free This Month
[2] FATHOM.CX | WHOIS | ARCHIVED

Domain: fathom.cx
Registered On: 2026-08-09
Expires On: 2027-08-09
Updated On: 2026-08-14
Age: 8 Days
Registrar: CentralNic Ltd
Source: https://www.whois.com/whois/fathom.cx

Additional Notes: I would recommend avoiding this platform and avoid connecting their wallets to it unless its legitimacy can be verified. Recent registration, wallet connection requests, permissions on multiple networks, asking users to sign a message, very high referral rewards, and the fixed deposit address all of this is concerning.

[Coyster]

Just for the fact that the exchange is only a few days old should be concerning for anybody with the intention of using it. I try to advise users to avoid new exchanges or go in with a very small amount, because there are older and better alternatives to choose from. These new exchanges also know people would feel exactly that way about them, so they try to allure customers with outrageous offers, like free listing and too-good-to-be-true affiliate commission. Don't fall for it guys; don't connect your wallet.

[albon]

Just for the fact that the exchange is only a few days old should be concerning for anybody with the intention of using it. I try to advise users to avoid new exchanges or go in with a very small amount, because there are older and better alternatives to choose from. These new exchanges also know people would feel exactly that way about them, so they try to allure customers with outrageous offers, like free listing and too-good-to-be-true affiliate commission. Don't fall for it guys; don't connect your wallet.

I agree.. I tested the platform myself, and I couldn't find any actual trading or swapping functionality.

Instead, the site just asks you to deposit crypto to qualify for the FCX airdrop, where they state:

"Eligible volume on official pairs earns a share of 1,000,000,000 FCX. Community / user-listed tokens do not count."

They also state the following:

"$1,000+ deposit bonus: deposit $1,000 or more in official assets and the deposit itself counts toward airdrop volume (then trading counts too). Under $1,000 only counts once traded."

And:

"Deposit $10,000.00+ in official assets and unlock $250 trade credit for New Pair $EMBR. Use it to trade EMBR."

All of this appears to be an attempt to push people into depositing their crypto there in the hope of receiving an airdrop for an unknown token that they haven't provided any real information about.

Also, there are no official communication channels for the platform, no customer support, no legal documents and no information about their team. I also couldn't find any independent audit.

I would consider this a very risky platform, and I recommend avoiding it and not depositing any funds.

[RGBTC]

Hahaa, the platform is in maintenance just a few days of launch, wonder what kind of upgrade it will be since there was no trading interface to begin with. I also don't understand the concept of "refresh address" (it doesn't work now, I think it was made that way), my guess is that the button will work if the address is funded. It is unusual for cex to implement unlimited deposit addresses.