Coinplex Ponzi collapses, initiates MiCA exit-scam
The Coinplex “click a button” app Ponzi has collapsed.
Following reports of delayed withdrawals, on August 23rd CoinPlex informed investors it was abandoning its current website domain.
Hoping to steal as much as they can from investors before disappearing, CoinPlex also announced a MiCA exit-scam.
As per Coinplex’s August 23rd investor communication;
In response to the latest European regulatory environment and to further advance its globalization strategy, digital finance platform Coinplex today announced that it will migrate all of its global market operations to the new platform, coplx.ai.
According to the company, Coinplex has formally submitted a complete license application under the European Union’s Markets in Crypto-Assets Regulation (MiCAR) to the Malta Financial Services Authority (MFSA), and the application is currently under review.
MICA stands for “Markets in Crypto-Assets Regulation”. It’s an EU-wide set of market rules for crypto assets. It has nothing to do with MLM Ponzi schemes like Coinplex, which fall under securities law.
Notwithstanding MiCA was introduced in June 2023, making Coinplex’s claim of “latest European regulatory environment” straight baloney. Also baloney is the “we need to move to a new website domain because regulations” nonsense.
Then again, “click a button” app Ponzi exit-scams aren’t supposed to make sense. They only need to appeal to the most gullible Coinplex investors to be profitable.
At time of publication “cplexpres.com”, Coinplex’s original website domain, was still available.
At time of collapse, SimilarWeb was tracking ~8300 monthly Coinplex website visits.
Coinplex’s top sources of website traffic are Poland (94%), Germany (5%) and France (1%).
Coinplex’s new domain, “coplx.ai”, was only recently privately registered on July 14th, 2025.
As of August 25th, Coinplex’s new domain hasn’t been activated yet:
This migration will take effect on August 24, 2025. At that time, users will no longer be able to register or log in through existing links or the old version of the app. Instead, they must visit coplx.ai to complete account data migration and subsequent operations.
“Data migration” opens the door for Coinplex to charge gullible investors to “unlock” their existing Coinplex backoffice (and monopoly money balance).
Withdrawals are likely to remain disabled till Coinplex pulls the plug for good (withdrawal fee exit-scam is also a possibility).
Of note is Coinplex’s new website domain being parked with the HTML page title “Egrya”:
Egrya operates from the domain “egryafinancialtechnology.com”, privately registered on February 3rd, 2025. It appears to be another quantitative trading ruse MLM “click a button” app Ponzi.
BehindMLM has been tracking “click a button” app Ponzis like Coinplex since 2021. The Ponzi schemes use multiple ruses. Coinplex was deployed behind the common “quantitative trading” ruse.
“Click a button” app Ponzis are run by Chinese crime gangs operating out of Asia. The majority of the scams last a few weeks or months before collapsing.