Ghana’s Securities and Exchange Commission (SEC) named YepBit Exchange in a list of 23 unlicensed investment platforms on July 22, a week after its initial warning against the platform and the new “Axiom EX” scheme operators are using to target its victims.
NewsGhana first reported on August 3 that YepBit’s operators had launched Axiom EX (axionfv.com), asking investors who lost money on YepBit to deposit 20 percent of their frozen balance to “unlock” the rest, a pattern fraud investigators classify as a recovery scam. The broader July 22 list places YepBit alongside BG Wealth Sharing, another “click-a-button” investment app that collapsed in Ghana around the same period, suggesting regulators view the two schemes as part of the same wider pattern of unlicensed digital investment platforms operating in the country.
Separate tracking of YepBit’s web infrastructure shows the platform has cycled through multiple domains, including yepbit.net, registered privately in June 2024, and an earlier yepbit.com domain dating to 2017 whose registration was updated in January 2026, activity consistent with operators repeatedly rebranding after regulatory action.
No regulator in Ghana or the Philippines has yet named Axiom EX in a formal public advisory. Ghana’s SEC and the Economic and Organised Crime Office continue to direct anyone who lost money to YepBit or its parent, Fidelity Capital Investment Group, to file a complaint rather than send further funds to any platform the group directs them to.
