According to Ofir Beigel, owner of 99Bitcoins. Retirement Daily. Compare Investment Accounts. The fake exchange took on part of the name of the real Korean Exchange KRX , and scammed people out of their money by posing as a respectable and legitimate cryptocurrency exchange. BitKRX used this faux-affiliation to ensnare people to use their system. Mavens on TheStreet. Buy Bitcoin Worldwide does not promote, facilitate or engage in futures, options contracts or any other form of derivatives trading.