Simplex Finance / Simplex Financial is recorded on the SARFund database as a reported clone-of-a-real-exchange front. The case is currently in verified victim reports and has been assigned for coordination with the recovery counsel handling this matter.

Common across the case file: operators demanded “tax” or “verification” fees before withdrawal and blocked withdrawal requests. These behaviours, combined with operated through impersonated KYC documents, are the basis on which SARFund classified the platform as a verified scam broker.

Reports have surfaced via TrustPilot complaints and Reddit victim threads, with corroborating threads on Quora question threads. Victim accounts converge on identical timelines and identical withdrawal-blockade tactics.

What evidence helps most

Transaction hashes (the on-chain proof of your deposit), screenshots of the broker dashboard, KYC documents you submitted, and full conversation history with any account manager. These four pieces let the partner build a defensible chain of custody.

Why the recovery partner is masked

Listing the partner publicly creates two problems: it tips off perpetrators, who then accelerate fund-laundering, and it invites recovery-scam impersonators to clone the partner brand. Both happen often enough that masking is the only defensible default.

Have transactions linked to Simplex Finance / Simplex Financial? File a claim with the evidence checklist and SARFund will verify within 48 hours. We never charge to file and we never custody recovered funds.

SARFund does not guarantee recovery. All recovery actions are conducted by independent partners. Submission is free. SARFund is an intermediary case registry, not a recovery firm.