Ubstex is not to be trusted ubstex.com
Starts with a romance scam, turns into investment scam where you make money it seems, but can’t withdraw it. Also you lose money when the person tricking you feels you aren’t going to invest more, you win when you’ve recently invested or when the person feels they need to build your trust.
Ubstex is a cryptocurrency broker that claims to be headquartered in the financial center of Singapore. It also claims to be regulated by the Singapore Monetary Authority. However, we didn’t find any mentions of this broker in the regulator’s register. It means that the broker is not authorised to perform financial services.
We have also found some reviews about negative experience of the Ubstex’s clients. They state that the company freeze their investments for no reason and all the taxes should be paid from an exterior source. Obviously, they keep asking for more money without allowing to withdraw it.