LWEX: regulator warning
Listed by 🇸🇰 Slovakia among the entities providing crypto-asset services without authorisation.
Flagged as non-compliant under MiCA
National Bank of Slovakia (NBS) found that LWEX was offering crypto-asset services to the public — decision of 10 February 2025 — without the authorisation required by Article 59 of MiCA. It is not an authorised provider, and nothing on its websites is covered by EU investor protection rules.
- Name used
- LWEX
- Websites named by the regulator
- https://lwex.com/
Shown as text on purpose — we do not link to them. - Regulator
- National Bank of Slovakia (NBS)
- Decision date
- 10 February 2025
- ESMA infringement case
- No
- Register entry updated
- 30 May 2025
How this warning fits the pattern
LWEX is the 1st of 1 entities that NBS has reported to ESMA as non-compliant since 10 February 2025, out of 170 in the whole EU list. A single web address is named; unlicensed platforms frequently reappear under new domains, so a different address using the same name deserves the same caution.
If you have dealt with LWEX
Do not send any further funds, including "fees", "taxes" or "unlocking deposits" requested to release a withdrawal — that request is the usual second stage of the same scheme. Keep every record: screenshots, transaction hashes, bank transfers, chat logs. Report the case to National Bank of Slovakia (NBS) and to your local police; if you paid by card or bank transfer, ask your bank about a chargeback or recall immediately.
Operations like this one often resurface under a new name and domain within weeks. If you meet a similar site, check its domain against the register before trusting it, and compare with the authorised providers — a genuine licence is always verifiable by legal name and LEI.
Source: ESMA interim MiCA register, list of non-compliant entities (NCASP.csv), as reported by National Bank of Slovakia (NBS). Methodology.