Passphrase request
"Just log in to Trust Wallet using your passphrase." — the single most explicit warning sign in any crypto conversation.
Operator profile · Updated 26 May 2026
Stanislav Reuev / @Rexchanges — operator behind the REX · Virtual Visa Card
Stanislav Reuev — public alias "RexChange Stanislav", Telegram
@Rexchanges — is the human operator at the centre of the REX · Virtual Visa Card scam
workflow. Victims are routed to him from the @Rexchangebot Telegram bot
after a Google search for the REX card.
Self-given identity
How the operator introduces himself
In the documented Telegram exchange the operator opens with: "Hello, my name is Stanislav Reuev (@rexchanges). I lead RexChange Group — currency exchange." He claims that RexChange Group operates "RexWallet — Crypto Card & Exchange" with "withdrawals at ATMs in 190 countries (NO KYC), licensed, 25,000+ reviews" and is "#1 in the Bestex rating".
None of these claims are externally verifiable. No regulator publishes a "RexChange Group" license. No card-issuing bank lists "RexWallet" as a customer. The "Bestex rating" is not a recognised consumer-finance ranking. The "25,000+ reviews" cannot be located on Trustpilot, Sitejabber, the App Store, the Google Play Store, or any auditable review platform.
Documented requests
The escalation pattern, in his own words
The chat transcript captured on the homepage shows the operator escalating through a sequence of requests that mirrors a textbook wallet-drainer-plus-advance-fee playbook:
QR-code pivot
When the passphrase is refused, a QR code arrives with a "small 10 TRX confirmation". In drainer attacks this approves unlimited token spending to a malicious contract.
"Activation" top-up
When the in-app withdrawal fails, the user is told to send another 30 TRX to the same deposit address before withdrawals "will work".
"Private Access" upsell
The user is then pushed to a $10,000 USDT deposit to unlock "real-time 2-second withdrawals". The sunk-cost trap.
Appeals to authority
Every security objection is deflected with "we have 300,000 users", "we value our reputation", "we operate with the utmost integrity" — never with a verifiable on-chain customer withdrawal.
Bonus trap
A 100 USDT "bonus" is auto-credited and immediately locked behind wagering or staking — a casino mechanic inside a supposed payments product.
Linked properties
The infrastructure operated under this persona
- Telegram bot: @Rexchangebot
- Telegram operator account: @Rexchanges
- Telegram channels: @RexChangeOff, @apprexchangeoff
- Support landing page: rexcardly.com
- Web-app domain: rexcompanybusiness.online
- “Official website” domain: rexcompanybusiness.com
- Self-styled umbrella names: "RexChange Group", "RexWallet"
- USDT (TRC-20) deposit address:
TQU2MPLR…h2Rwq(held privately in full for investigators)
How to report
Reporting the operator
- In Telegram, open @Rexchanges → three-dot menu → Report → Scam.
- Email abuse@telegram.org with the chat export and operator handle.
- File with your national cybercrime unit (IC3, Action Fraud, CAFC, ReportCyber, NBI / PNP-ACG, Europol, etc.). See the six-phase tutorial.
- Report the receiving wallet to Chainabuse and CryptoScamDB.
- Email Tether (USDT) and Circle (USDC) compliance with your police case number to request address blacklisting.
Right of reply & disclaimer
Transparent, correctable, public-interest publishing
This page combines primary-source evidence (Telegram chat export and screenshots) with the author's honest opinion based on that evidence. It is not legal advice. It does not claim that any individual has been criminally adjudicated.
If you are Stanislav Reuev, an employee, lawyer, or other authorised representative of the businesses referenced and you believe any factual statement is inaccurate, write to beware@rexscammers.com with a verifiable explanation, supporting documentation, or proof of a successful customer withdrawal. The page will be reviewed and corrected within 7 days. See the full Right of Reply.