Qovex Exchange Scam : Crypto Scam Exposed – Investor Advisory

Qovex Exchange & Aiasst Capital Scam Operations

Summary

Qovex Exchange once posed as a professional cryptocurrency trading platform, but it has now shut down its website and vanished without a trace. Victims report that the operators are no longer reachable, reinforcing the conclusion that this was never a legitimate business. In this fraudulent scheme, Aiasst Capital acted as the recruitment ground, drawing in unsuspecting investors with promises of high returns and directing them toward Qovex, where their funds were ultimately trapped.

How the Scam Works

1. Recruitment & Outreach
   Aiasst Capital contacted potential victims through social media, WhatsApp, and unsolicited emails. They used persuasive pitches, fake testimonials, and unrealistic promises of guaranteed profits to lure people in.

2. Onboarding into Qovex Exchange
   Victims were instructed to register on Qovex and make deposits. Small withdrawals were sometimes allowed in the beginning to create an illusion of legitimacy.

3. Fake Profits
   Qovex dashboards showed fabricated balances and simulated trades, convincing investors that they were earning significant profits when in reality no genuine trading occurred.

4. Withdrawal Problems
   When investors attempted larger withdrawals, the platform demanded “unlock fees,” “security charges,” or “taxes.” Even after paying these fees, funds remained inaccessible. Eventually, communication ceased, and accounts were blocked.

Red Flags

• Website and platform have now closed down completely, leaving victims stranded.

• No regulatory approval or license from financial authorities.

• Anonymous ownership and unverifiable company details.

• Fabricated profits and unrealistic promises.

• Victims pressured into repeated deposits with no returns.

Testimony: A Victim’s Experience

One U.S. victim recounted her ordeal:

“I was recruited by someone from Aiasst Capital and directed to invest through Qovex Exchange. My account showed thousands in profit, but every attempt to withdraw led to new fees and excuses. I lost more than $15,000 before realizing I had been scammed. I thought my money was gone forever — until I contacted ST9 Investigations. Their forensic team traced my transactions across the blockchain, and within weeks, I was able to recover all of my lost funds. Without them, I would never have seen a dollar back.”

Her experience highlights both the predatory tactics of these scams and the importance of seeking help from professional investigators.

Conclusion

Qovex Exchange, working hand-in-hand with Aiasst Capital, carried out a coordinated scam that has now collapsed, leaving victims without access to their funds. The closure of Qovex’s website confirms that the operators have disappeared, further proving their fraudulent intent.

If you have been affected:

• Stop sending money immediately.

• Preserve all transaction records and correspondence.

• Seek professional assistance to maximize the chance of recovery.

Verdict: Qovex Exchange and Aiasst Capital are proven scams. Avoid them entirely, and if you’ve already been victimized, act quickly to explore recovery solutions.