Cryptex has acquired a securities fraud warning from Austria’s Monetary Market Authority (FMA).
As per the FMA’s April twelfth, 2025 Cryptex warning;
[Cryptex] doesn’t have an authorisation for distribution of items within the Socialswap-Staking-Pool in Austria, which is assessed as a substitute funding fund (AIF) below the Different Funding Fund Supervisor Act (AIFMG; Different Investmentfonds Supervisor-Gesetz).
Failing to register funding companies in Austria constitutes securities fraud.
Cryptex is an MLM crypto Ponzi that, upon launching, closely focused Germany.
As of March 2024, SimilarWeb tracked prime sources of Cryptex web site visitors as Hungary (31%), Germany (16%) and Switzerland (16%).
AMF notes Cryptex’s has a registered workplace in Malaysia. It’s unclear the place this declare is sourced from.