Quinex has received an investment fraud warning from New Zealand’s Financial Markets Authority (FMA).

The FMA named Quinex among a list of “fake investment platforms” on November 26th. The FMA claims scams like Quinex lure victims in with “fake profits [to] encourage further investment”.

When the Ponzi scheme inevitably collapses, the scam “refus[es] to process withdrawal requests”.

Quinex was a trading bot ruse MLM crypto Ponzi. Coinciding with FMA’s warning, Quinex collapsed on or around November 20th.

As part of its “firewall attack” exit-scam, Quinex is funneling victims into Coinage Bits, another Ponzi scheme.

 

BehindMLM reviewed Quinex in October 2025. At the time Quinex was operating from the domain “quinex.io”. That domain is still active despite Quinex’s collapse.

The FMA cites Quinex operating from the domain “quinexglobal.ltd”, privately registered on October 27th, 2025 (the day after BehindMLM’s Quinex review was published).

Quinex’s .LTD domain hosts a low-effort scam website template, similar to the Ponzi scheme set up on Coinage Bits’ website domain.

Of note is a “stable-wealth.org” admin email address in the header of Quinex’s .LTD website:

The “stable-wealth.org” domain was recently disabled. A clone website has been set up on the domain “stable-nest.org”, registered on June 4th, 2025.

It’s highly likely the same group of scammers are behind Quinex, Coinage Bits, Stable Wealth and any other linked Ponzi schemes.