Bytnex has received a securities fraud warning from Germany’s BaFin.

As per BaFin’s March 12th Bytnex fraud warning;

BaFin warns against offers on the following websites: cryptex-vip.com, cryptex.to, cryptex.team, and secure-bytnex.io.

These websites, operated by unknown individuals without authorization, offer cryptocurrency services.

Specifically, they offer DeFi staking. Staking involves depositing cryptocurrency in exchange for receiving additional cryptocurrency.

Anyone offering banking, financial, securities, or cryptocurrency services in Germany requires authorization from BaFin (the German Federal Financial Supervisory Authority).

Bytnex is an October 2025 reboot of Cryptex. Cryptex was a daily returns MLM crypto Ponzi that primarily targeted Germany.

Cryptex’s promotion across Germany prompted two prior Cryptex fraud warnings from BaFin (July 2025 and August 2025). Austria and Australia also issued Cryptex fraud warnings prior to the Bytnex reboot.

Since launch, Bytnex’s original domain “bytnex.io” has been abandoned. Bytnex was operating from “secure.bytnex.io”, but that domain now redirects to the abandoned “bytnex.io” domain.

 

Update 17th March 2026 – The “secure-bytnex.io” was redirecting to “bytnex.io” when I was researching this article. The root domain is now disabled.

Melanie from Germany in the comments below has advised that promoters are directed to “secure-bytnex.io/login.php”.