It does not look like an exchange address based on the transaction flow on it, and the funds were spent the very same day it was received. COuld be a scammer t=but there is no way to be sure with the limited information available, only you can know the purpose for sending that amount of bitcoin, all we can see is transaction flow on the chain.

I tried to run the address for any high profile scams, but did not return any results.

Bitmax is an exchange which had a bad reputation. I do not know if they are still functional.

- Jay -