XeggeX was a small but fast growing crypto exchange in 2023 that was listing smaller crypto projects.
Nerva ($XNV) was listed there in December 2023. Everything was fine until February 2025 when one day, XeggeX exchange went offline and claimed that their CEO, also known as Karl was hacked. They assured users that funds were safe. A few days later they claimed issues with database but after a few weeks they re-opened the exchange. They allowed deposits and withdrawals but for bigger projects such as ETH, BTC, USDT, they issues IOUs so users could not withdraw those.
Some weeks passed and one day xeggex website went offline and disappeared. All user funds that were on the exchange were lost or rather stolen by “Karl”. Some sources say that he had gambling problem and gambled all that crypto away.
In January 2025, a year after going offline, this account started posting in XeggeX discord server and old website xeggex.com came back online.
New exchange popped up that started listing crypto projects for free including Nerva: https://nerva.one/do-not-use-anonex-scam-crypto-exchange/
And on February 15, 2026, old @xeggex account on X posted a message saying that they’re back and that they’re processing refunds.
If you really think that you’ll get anything back from this XeggeX scammer, you’re beyond help. Stay away. The funds are gone. He run out of money and he’s looking for suckers to scam.
