06.12.2022
CoineEx gives the impression that investors are provided with excellent conditions to make money online trading cryptocurrencies as quickly as safely. At CoineEx, everything is investment fraud. Everything that investors see on their screens is fake. Nothing is traded at CoineEx. Not a penny has been invested. The money has gone straight into the pockets of the investment scammers. Can you tell us about such experiences? How do investors get their money back from dubious providers? What help is available in case of investment fraud? What can investors do who have been defrauded by CoineEx?

CoineEx: Suspicious and dubious promises 
What are surprised visitors to www.coine-ex.com being presented with? "CoineEx and its team have implemented the world's most professional security network architecture system and are continuously optimizing and updating the security system to ensure the safety of user resources and accounts. Start your digital currency journey now. CoineEx offers you the most convenient way to trade digital currency." This is just a small excerpt of exaggerated assurances that interested parties can find on CoineEx's website. None of these assurances by CoineEx were kept, nor was there ever any such intention. Unfortunately, dubious business conduct provides only bad experiences and unhappy investors! Who is responsible for the investment fraud?

CoineEx: Domain entry is hidden!
Of course, the investment scammers don't want you to be able to track them down easily. That is why the CoineEx website does not have an imprint with the full details and the address of the website operators. Also, the domain data of the website coine-ex.com does not contain any hint of who once registered the site, but only that the registration was done on 17.07.2022 via Web Commerce Communications Limited and that the real domain owners - as expected for us - are hiding behind an anonymization service provider.

CoineEx: Who is behind it?
Investors will not be able to answer this question. The investment fraudsters disguise their identity perfectly - almost. This is normal because they regularly operate various websites where they offer their fraudulent business model. For example, a platform called Uxibi (uxibi.io) also seems to belong to the same group of perpetrators as CoineEx.

CoineEx: Who is the operator?
There are only sparse details about this on CoineEx's website. We could not find an obligatory support e-mail address on the CoineEx website, or a contact telephone number. This way, no conclusions are possible that could lead us to the people behind CoineEx. In the "terms of use" of the website, which are presented to the potential investor only in English, one finds an address in Seychelles: "Global Gateway 16, Rue de la Perle, Providence in Mahe". If at all, then this address functions as an offshore mailbox address, because one does not meet the CoineEx makers there, no trace of them.

CoineEx: International searches
The worldwide search for a possible company named CoineEx in the relevant registers leads to no results. CoineEx is therefore a fantasy product. Also, Snap Technology Limited named in the terms of use is supposed to have its registered office at the above-mentioned address in Mahe, but we could not find it in the commercial register of Seychelles so far. However, with our research tools, our Investigations Team has succeeded in tracking down investment fraudsters.

CoineEx: Warnings from regulators
Unsurprisingly, CoineEx (coine-ex.com) has already come under the scrutiny of the Austrian Financial Market Authority (FMA) for its business practices and questionable appearance. Thus, the latter already issued the following warning on 19.10.2022: "UXibi Exchange Technology Ltd... The FMA warns against entering into transactions with:
UXibi Exchange Technology Ltd
with alleged domicile: Seychelles
Web: www.coine-ex.com
Email: support@uxibi.io"
It remains only a matter of time until other regulatory institutions will also take notice of CoineEx, UXibi, and other platforms belonging to this construct and warn against their criminal activities.

CoineEx: Scheme of investment fraud 
The investment fraud regularly follows the usual scheme: investors initially put in a small sum - usually 250 euros - are impressed by how quickly this amount multiplies and are therefore willing to "invest" higher and higher sums. The annoyance begins then, each time investors want to have their money paid out, because now ostensibly first taxes, commissions, fees, or whatever must be paid. Most investors become unfortunate only with delay consciously that they sat on investment cheats, and never had the intention to disburse the money again.    

CoineEx: What help is there for investment fraud? 
Many angry investors wonder what to do in the case of investment fraud since criminal charges make little sense because criminal charges are primarily for prosecution, not for recovering money. What help is available in investment fraud cases and how do affect investors get their money back? The lawyer specializing in investment fraud must know how to follow the money trail, because as it used to be said, money is not gone, but unfortunately somewhere else. Now it can be added: It is exhausting, but with the appropriate tools it is possible to trace money systematically digitally - even if it was transferred with Bitcoin via a Crypto Exchanger.

RESCH Rechtsanwälte GmbH - Experience in investor protection since 1986.
If you have been a victim of CoineEx and want to know if and how you can get your money back, call +49 30 885 9770 or fill out the questionnaire. You will receive a free assessment of your case.