Msamexfx claims on its website that in 2025 it “secured an offshore license from Mauritius to expand global operations.” However, it does not disclose its legal entity name, making verification extremely difficult. More importantly, our thorough search of the Financial Services Commission (FSC) of Mauritius yielded no results matching “Msamexfx”. This casts serious doubt on the validity of its licensing claim. Additionally, Msamexfx lists a physical address in Estonia. We therefore also checked the database of the Estonian Financial Supervision Authority (EFSA), but found no licensed entity associated with Msamexfx there either. Given all these suspicious hallmarks of fraudulent operation, Msamexfx is very likely to be a scam.