What is 1000X (1000x.live)?
1000X claims to offer online financial services but operates without any valid license from known regulators like the FCA.
This platform raises red flags as a possible scam. On its site (1000x.live), it lists Office 5, 8th Floor, Mega Cube, 8 Wang Kwong Road, Kowloon Bay, Kowloon, Hong Kong as its address, contact number N/A, and email legal@1000x.live. It claims to be run by 1000X Limited.
Lost Money To 1000X
If you’ve lost money to 1000X, act fast. Fill out the form below for a free consultation with cyber intelligence experts.
Is 1000X Legitimate or a Scam?
1000X is not regulated by any trusted financial body. Without oversight from authorities like the FCA, SEC, or ASIC, there’s no protection for your funds.
Platforms without licenses often vanish with users’ money. If you deal with one, you won’t have access to complaint services or compensation schemes.
How These Scams Work
Scammers use fake sites and apps to look like real brokers. They trick you into thinking your money is growing, then block withdrawals.
Pig Butchering Scams
This scam starts with a fake online relationship. The scammer builds trust, then pushes you to invest in a fake crypto or forex site like 1000X.
Fake Trading Platforms
These platforms show fake profits to keep you investing. You may even get a small payout at first, but it’s all part of the trap.
Common signs of fake brokers:
- Cold calls or messages from strangers offering investments.
- No regulatory license or fake license claims.
- Unrealistic profit promises like guaranteed daily returns.
- Blocked withdrawals unless you pay more money.
- Fake dashboards showing made-up earnings.
You may also see fake reviews or endorsements on their website to look legit. Don’t fall for it.
What to Do If You’ve Been Scammed
If you suspect fraud from 1000X, take these steps now:
- Stop talking to the scammer right away.
- Contact your bank and report the fraud.
- Save all evidence like emails, screenshots, or chats.
- Report the scam to police or cybercrime agencies in your country.
Stick with licensed platforms, be cautious with unknown sites, and remember: if it sounds too good to be true, it probably is.