Bytnex has received a securities fraud warning from Germany’s BaFin.
As per
BaFin’s March 12th Bytnex fraud warning
;
BaFin warns against offers on the following websites: cryptex-vip.com, cryptex.to, cryptex.team, and secure-bytnex.io.
These websites, operated by unknown individuals without authorization, offer cryptocurrency services.
Specifically, they offer DeFi staking. Staking involves depositing cryptocurrency in exchange for receiving additional cryptocurrency.
Anyone offering banking, financial, securities, or cryptocurrency services in Germany requires authorization from BaFin (the German Federal Financial Supervisory Authority).
Bytnex
is an October 2025 reboot of Cryptex.
Cryptex
was a daily returns MLM crypto Ponzi that primarily targeted Germany.
Cryptex’s promotion across Germany prompted two prior Cryptex fraud warnings from BaFin (
July 2025
and
August 2025
).
Austria
and
Australia
also issued Cryptex fraud warnings prior to the Bytnex reboot.
Since launch, Bytnex’s original domain “bytnex.io” has been abandoned. Bytnex was operating from “secure.bytnex.io”, but that domain now redirects to the abandoned “bytnex.io” domain.
Update 17th March 2026 –
The “secure-bytnex.io” was redirecting to “bytnex.io” when I was researching this article. The root domain is now disabled.
Melanie from Germany in the comments below has advised that promoters are directed to “secure-bytnex.io/login.php”.
🤖 Quick Answer
What is the Bytnex securities fraud warning from Germany?Germany's Federal Financial Supervisory Authority (BaFin) issued a securities fraud warning against Bytnex on March 12th, identifying websites including cryptex-vip.com, cryptex.to, cryptex.team, and secure-bytnex.io as unauthorized platforms operated by unknown individuals offering cryptocurrency services, specifically DeFi staking, without the required regulatory authorization.
What is the connection between Bytnex and Cryptex?
Bytnex is documented as an October 2025 reboot of Cryptex, a multi-level marketing cryptocurrency Ponzi scheme that offered daily returns and primarily targeted individuals in Germany. The continuity between the two entities is evidenced by shared website domains referenced in BaFin's official fraud warning.
**Why did BaFin issue a warning against Bytnex?
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