Coinplex fails to provide ownership or executive information on its websites.

Coinplex has three known website domains:

  1. cplexpres.com – registered in August 2023, private registration last updated on July 13th, 2024
  2. h5.coinplex.ai – registered with bogus details on unknown date
  3. coinplex.cc – registered with bogus details on September 23rd, 2024

Of note is Coinplex’s .CC website domain being registered through the Chinese registrar Alibaba (Singapore).

If we check the source-code of Coinplex’s website support page, we learn it runs on the Meiqia platform:

Meiqia is a Chinese software company based out of Beijing. This suggests whoever is running Coinplex has ties to China.

As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.

Coinplex’s Products

Coinplex has no retailable products or services.

Affiliates are only able to market Coinplex affiliate membership itself.

Coinplex’s Compensation Plan

Coinplex affiliates invest tether (USDT). This is done on the promise of advertised returns:

  • G1 – invest 20 USDT and receive 2 USDT a day
  • G2 – invest 100 USDT and receive 10.1 USDT a day
  • G3 – invest 300 USDT and receive 30.9 USDT a day
  • G4 – invest 800 USDT and receive 84 USDT a day
  • G5 – invest 1600 USDT and receive 172.8 USDT a day
  • G6 – invest 3200 USDT and receive 355.2 USDT a day
  • G7 – invest 6400 USDT and receive 736 USDT a day
  • G8 – invest 12,800 USDT and receive 1523.2 USDT a day

Coinplex pays referral commissions on invested USDT down three levels of recruitment (unilevel):

  • level 1 (personally recruited affiliates) – 10%
  • level 2 – 5%
  • level 3 – 2%

Joining Coinplex

Coinplex affiliate membership is free.

Full participation in the attached income opportunity requires a minimum 20 USDT investment.

Coinplex Conclusion

Coinplex is yet another “click a button” app Ponzi scheme.

Coinplex’s “click a button” Ponzi ruse is quantitative trading:

The presented ruse is Coinplex affiliates log in and click a button (the more invested the more the button needs to be clicked).

Clicking the button purportedly generates revenue via quantitative trading, which for some reason Coinplex shares a percentage of with affiliate investors.

If that makes no sense it’s because it doesn’t. Randoms clicking a button in an app doesn’t trigger quantitative trading.

In reality clicking a button inside Coinplex’s app does nothing. All Coinplex does is recycle newly invested funds to pay earlier investors.

Coinplex is part of a group of “click a button” app Ponzis that have emerged since late 2021.

Examples of already collapsed “click a button” app Ponzis using the same quantitative trading ruse include SDT Quant,  Pitrex, and TOST.

Since 2021 BehindMLM has documented hundreds of “click a button” app Ponzis. Most of them last a few weeks to a few months before collapsing.

“Click a button” app Ponzis disappear by disabling both their websites and app. This tends to happen without notice, leaving the majority of investors with a loss (inevitable Ponzi math).

Organized crime interests from China operate scam factories behind “click a button” Ponzis from south-east Asian countries.

In September 2024, the US Department of Treasury sanctioned Cambodian politician Ly Yong Phat over ties to Chinese human trafficking scam factories.

Through various companies he owns, Phat is alleged to shelter Chinese scammers operating out of Cambodia.

Regardless of which country they operate from, the same group of Chinese scammers are believed to be behind the “click a button” app Ponzi plague.