I recently visited a website called SnapeDex (https://snapedex.com), which presents itself as a cryptocurrency exchange. After registering, the site showed a bonus of 0.31 BTC (Bitcoin) in my account, which is approximately worth ₹20 lakh.
However, when I tried to withdraw the amount, it asked me to first deposit $210 (₹17, 000) in order to “activate” or “unlock” the bonus. This is a clear scam strategy used to trick users into paying real money for a fake balance.
They also use promotional codes like ELON25, falsely implying a connection with Elon Musk to gain trust.
Many other users online have shared similar experiences and have also warned that this website is a fraud and scam.
I am reporting this so that others do not fall victim to this scam. I request that this website and its operations be investigated and taken down to protect innocent users.
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