XM Stock Exchange Scam: Fake Telegram Trader Account

An account carrying the name of a well-known trader writes on Telegram, offers to "run your account for you", and then directs the person to xmstockexchange.org. A payment made in cryptocurrency appears on the site as a growing balance; once the money has been sent, the account holder can no longer be reached.

🎭 From an Imitation Account to a Fake Site: How the Scheme Works

No connection has been found between this site and the real trader, his community or the international XM brand that the name brings to mind; the names are used only to borrow trust.

🔍 The Account and Domain Identified

The Telegram username that contacted the victim was reported as @ekinyyzzbb. The domain xmstockexchange.org was registered in February 2026. Decision No. 5/173 of the Capital Markets Board dated 03.02.2017 serves as a warning against unauthorised investment guidance through social media and messaging applications; authorised institutions can be checked in the SPK list.

🔗 Other Platforms Using the Same Method

Using a well-known trader's name on Telegram is nothing new. Despite the similar name, our XM Global article describes a different scheme.

🧭 The Legal Process for Victims

1. The wallet and exchange account that received the crypto transfer are examined, as in cases where the money was moved to a crypto exchangeTR.
2. A criminal investigation is opened on the basis of the messages and account details.
3. An asset searchTR is carried out on the suspects.

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

❓ Frequently Asked Questions