Cryptex fails to provide ownership or executive information on its website.

Cryptex’s website domain (“”), was privately registered in August 2020. Based on its website source-code, Cryptex appears to have been put together circa June 2021 or so.

SimilarWeb currently tracks top sources of traffic to Cryptex’s website as Germany (82%), El Salvador (8%) and Martinique (3%).

Although not definitive, the percentage of traffic coming from Germany suggests whoever is running Cryptex might have ties to Germany.

It’s worth noting that despite the domain age, Cryptex was relatively dead until early 2023.

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.

Cryptex’s Products

Cryptex has no retailable products or services.

Affiliates are only able to market Cryptex affiliate membership itself.

Cryptex’s Compensation Plan

Cryptex solicits investment in $100 USD equivalents in cryptocurrency.

This is done on the promise of advertised returns:

  • 3 Years – invest $100 and receive a daily ROI for 36 months
  • 5 Years – invest $100 and receive a daily ROI for 60 months
  • 7 Years – invest $100 and receive a daily ROI for 84 months

Cryptex affiliates are able to invest in multiple $100 positions at each tier.

Note that Cryptex keeps an affiliate initial $100 investment under the guise of a “handling fee”.

The MLM side of Cryptex pays on recruitment of affiliate investors.

Referral Commissions

Cryptex pays referral commissions via a unilevel compensation structure.

A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):

If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.

If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.

For referral commissions, Cryptex caps payable unilevel team levels at ten.

Referral commissions are paid as a percentage of funds invested across these ten levels as follows:

3 year investment contract

  • level 1 (personally recruited affiliates) – 30%
  • levels 2 to 4 – 5%
  • levels 5 and 6 – 4%
  • levels 7 to 10 – 3%

5 and 7 year investment contract

  • level 1 – 50%
    level 2 – 10%
  • level 3 – 5%

Residual Commissions

Cryptex pays residual commissions via the same unilevel team used to pay referral commissions (see above).

Whereas referral commissions are capped at up to ten unilevel team levels, Cryptex pays residual commissions on up to twenty levels.

Residual commissions are paid as a percentage of the daily ROI paid to unilevel team affiliates as follows:

  • level 1 – 8%
  • levels 2 to 4 – 5%
    levels 5 to 8 – 4%
  • levels 9 to 12 – 3%
  • levels 13 to 16 – 2%
  • levels 17 to 20 – 1%

Note that residual commissions are only paid out once an investment contract is completed (3, 5 or 7 years).

Joining Cryptex

Cryptex affiliate membership is free.

Full participation in the attached income opportunity requires a minimum $100 investment.

Cryptex solicits investment in various cryptocurrencies.

Cryptex Conclusion

Despite being a cookie-cutter “smart-contract” Ponzi scheme, Cryptex bills itself as the “1st of its kind worldwide”.

Smart-contact MLM crypto Ponzis were a thing before the NFT grift took over. MLM crypto Ponzis might still run on smart-contracts, but pretending it’s some new innovation is dead.

Cryptex uses the “staking” Ponzi model. That is affiliates invest cryptocurrency, and Cryptex shows them monopoly money “staking” returns in their backoffice.

Withdrawals are funded by subsequently invested cryptocurrency, which works until withdrawals inevitable exhaust the rate of new investment.

Being an MLM crypto Ponzi scheme, this will coincide with Cryptex affiliate recruitment dying off.

On the regulatory front, Cryptex’s passive investment scheme constitutes a securities offering.

Cryptex’s primary investor market is Germany. Securities in Germany are regulated by BaFin.

Cryptex provides no evidence it has registered its securities offering with BaFin, meaning that at a minimum the company is committing securities fraud and operating illegally.

I couldn’t help but notice Cryptex claim their 3 year investment plans are “sold out”.

I suspect these positions are held by Cryptex’s admin ($0 phantom positions), and early scammers from Germany.

Basically they’re counting on dummies willing to sign up to Cryptex’s 5 and 7 year plans to fund their theft.

The math behind Ponzi guarantees that when they inevitably collapse, the majority of investors lose money.