Dear FameEX users,

To protect the trading experience of all FameEX users and to maintain fairness, transparency, and stability in the market, the FameEX risk control system employs multi-dimensional analysis and behavioral profiling to identify and prevent abnormal trading activities. These include, but are not limited to, coordinated arbitrage across multiple accounts or devices, fee brushing, self-trading, and wash trading. Accounts confirmed through system detection and manual verification to be engaged in such practices may be subject to actions including mandatory identity verification, login restrictions, trading limitations, asset freezes, or account suspension.

The specific risk control rules are as follows:

I. Definition of Abnormal Trading and General Principles

1. Common Types of Abnormal Trading

1.1 Significantly abnormal intraday open positions or trading frequency;

1.2 Self-trading (where both buyer and seller are the same account or under the same controlling entity);

1.3 Combined positions of related accounts exceeding platform limits;

1.4 Wash trading between related accounts that influences or attempts to influence market prices;

1.5 Unauthorized use of another person’s account or transferring funds through related accounts;

1.6 Order brushing through multiple accounts to obtain fee discounts or rebates;

1.7 Engaging in arbitrage using quantitative strategies in violation of platform rules or limits;

1.8 Multi-account A/B position hedging or wash trading;

1.9 High-frequency or algorithmic trading that disrupts market order;

1.10 Abnormal convergence of related accounts in terms of timing, side, price, or volume;

1.11 Trading conducted by someone other than the account owner, or on behalf of others;

1.12 Excessive rapid opening and closing of positions within very short timeframes, causing market disruption;

1.13 Price manipulation or other behavior intended to maliciously affect the market;

1.14 Attempts to exploit platform or system vulnerabilities for profit or to the detriment of others;

1.15 Any other conduct reasonably determined by FameEX to be disruptive or high-risk;

1.16 Hedging or fee arbitrage carried out through multiple devices/accounts.

2. Abnormal Opening and Holding of Positions

2.1 Excessive daily opening volume in the same trading product (spot, futures, margin, etc.) far beyond normal levels;

2.2 Daily open interest exceeding risk control thresholds;

2.3 In cases of malicious order brushing or inducing others to place orders, the platform may adjust fee rates, restrict trading permissions, or impose account controls.

3. Examples of OTC (Fiat/Over-the-Counter) Violations

3.1 Lending accounts, entrusted trading, or suspected money laundering activities;

3.2 Introducing funds/crypto assets of unknown or illicit origin;

3.3 Providing payment information inconsistent with verified identity;

3.4 Forging payment records, defrauding funds/assets, or filing malicious disputes;

3.5 Malicious order cancellations, malicious order snatching, or adding risky remarks and other improper conduct;

3.6 Other circumstances involving money laundering, fraud, or malicious trading.

4. Basic Disposal Principles

4.1 The platform may immediately suspend the account’s server connection and freeze the relevant assets;

4.2 Abnormal transactions may be rolled back or corrected depending on the circumstances;

4.3 Risk positions may be forcibly liquidated at market price;

4.4 All actions shall follow the principles of “necessity, proportionality, and traceability,” and the platform reserves the right to escalate further measures.

II. Identification and Handling of Wash Trading, Self-Trading, A/B Account Manipulation, and High-Frequency Violations

1. Wash Trading

1.1 Credential-based wash trading: Using compromised account information to conduct counterpart trades for asset transfer.

1.2 Associated wash trading: Coordinated multi-account trading (buying high/selling low or vice versa) to transfer funds or manipulate prices.

1.3 Trustee wash trading: Conducted by entrusted parties to funnel assets into their own accounts.

1.4 Indicators of association (including but not limited to): Registration time, login/request IP, deposit/withdrawal addresses, device fingerprints, payment information, etc.

2. Characteristics of Wash Trading and A/B Accounts

2.1 Multiple accounts opening or closing positions on the same side or with similar sizes within a short time window.

2.2 Accounts under the same controller engaging in manual or order-based hedging.

2.3 Repetitive trades executed in ultra-short timeframes to inflate trading volume or obtain rebates.

3. Possible Disciplinary Actions

Warning and time-limited rectification;
Cancellation and confiscation of illegal gains (including rebates, rewards, etc.);
Forced liquidation, restrictions on opening positions, or reduction of limits;
Prohibition of trading and withdrawal;
Account freeze or freeze of part/all assets;
Inclusion in market ban lists or key observation lists;
If suspected of illegal or criminal activity, referral to judicial authorities for legal action.

III. Risk Identification and Compliance Statement

FameEX will continuously monitor accounts and transactions using a combination of machine learning models, rule engines, and manual review.
Users may provide materials for appeal according to the platform’s process. Once reviewed and verified, the original decision will stand.
FameEX will dynamically adjust these standards and thresholds in accordance with market risks and compliance requirements.

IV. Supplementary Provisions

By participating in trading on the platform, users are deemed to have agreed to the contents of this announcement. If you have any questions regarding these rules, please contact the FameEX customer service team. FameEX reserves the right, at any time and for any reason, to interpret, modify, suspend, cancel, or terminate the platform’s trading risk-control rules, and retains the final authority to determine and handle abnormal user behavior. The updated rules take effect from the date of this announcement. Users are expected to review them promptly and comply accordingly.

Note: Cryptocurrency trading carries a high market risk. It is essential to diligently evaluate these risks and exercise rational judgment regarding your investment capability. Make well-considered investment decisions and proceed with caution.

FameEX Team

September 29, 2025