Cryptex has received a securities fraud warning from the Australian Securities and Investments Commission (ASIC).

ASIC added Cryptex to its Investor Alert List on September 19th, 2025.

[Cryptex] may be offering or advertising, or may have offered or advertised, financial services to Australian consumers.

It does not hold an Australian financial services licence or Australian credit licence from ASIC, and is not authorised by a licensee.

Offering unregistered financial services to Australian consumers constitutes securities fraud.

Cryptex is an MLM crypto Ponzi that is believed to have ties to Europe. This is based on early targeting of Germany and Austria.

In addition to Australia, Germany (July 2025 and August 2025) and Austria have also issued Cryptex fraud warnings.

As of August 2025, SimilarWeb was tracking ~312,000 monthly visits to Cryptex’s website.

Top sources of Cryptex website traffic are currently the US (35%), Switzerland (11%), Cote d’Ivoire (10%), Canada (8%) and Germany (7%).