Express Exchange (express-exchangeuk.com) Fake Crypto Scam

Express Exchange is an operation that presents itself, through the domain express-exchangeuk.com, as a London-based crypto and digital asset exchange. The UK financial regulator, the FCA, added the site to its list of unauthorised firms in July 2026.

🔍 Official Warnings About Express Exchange

• FCA (3 July 2026): The firm is not authorised and may be providing or promoting financial services without permission. The reported address is in Orpington, London; no telephone number or email was provided (FCA warning).
• IOSCO I-SCAN: The record is entered as an "unauthorised entity" with a crypto/digital asset product.
• Finanstilsynet (Norway): published an investor warning for the same domain.
• Domain: express-exchangeuk.com was registered in June 2025.

Apart from the similarity of name with Express Global MarketsTR, which we covered earlier, there is no common trace (domain, telephone, company); the two operations are separate.

🚩 How Does the Fake Crypto Exchange Scheme Work?

In schemes of this kind the user is asked to send USDT or another crypto asset, and the balance on the dashboard grows quickly. When a withdrawal is requested, a "tax", "liquidity" or "account verification" fee appears in turn. The UK address and the international appearance are used to build trust.

🔗 Other Platforms Using the Same Method

Operations that set up their own exchange and attach a fee to withdrawals are not the only example; we have previously covered platforms where the same scheme was seen.

🧭 The Legal Process for Victims

Under Article 35/B of Capital Markets Law No. 6362, providing crypto asset services in Türkiye requires SPK authorisation; the SPK explained the application and activity framework on this subject in its announcement of 23 August 2024. For payments made in crypto, the process moves through tracing the money across crypto exchangesTR and an asset investigationTR; in the criminal case, the status of intervening partyTR is also important. Authorisation status can be checked in the SPK list of authorised institutions.

For detailed information and legal support, you can contact Savun Law & Consultancy.

❓ Frequently Asked Questions