Simplex Miners has been reported by the Russia regulator, the The Central Bank of Russian Federation (CBR).
What is Simplex Miners (simplexminers.com)?
Simplex Miners offers online trading but holds no licence from any recognised regulator such as the FCA.
This review checks Simplex Miners’s status, scam warnings, and recovery tips.
Lost Money To Simplex Miners?
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Is Simplex Miners Legitimate or a Scam?
Simplex Miners is unregulated. Without bodies like the SEC, FCA, ASIC, or CFTC, client money is unprotected and complaints lack a formal route.
Unlicensed platforms can freeze accounts, invent fees, and vanish with deposits.
Common Online Scam Tricks
Fraudsters often use these tactics with sites like Simplex Miners:
“Pig‑Butchering” Romance Ploys
Scammers build fake relationships, then push victims toward sham crypto or forex deals.
Clone Trading Dashboards
Slick apps show bogus profits. Small withdrawals build trust before larger sums are blocked.
Watch for:
- Cold calls or random messages
- No verifiable licence
- Guaranteed high returns
- Extra fees before withdrawal
- Over‑polished but unverified stats
Action Plan if Scammed
- Cut contact—block emails, chats, and calls.
- Alert your bank and seek a chargeback.
- Save evidence: screenshots and receipts.
- Report to your national cybercrime unit.
Use only regulated brokers, verify every licence, and never rush investments.