Free specialist review — 24-hour callback
Our team recovers funds for unauthorised broker scam victims across UK, EU and Nordics. Free case check, no win no fee, honest odds upfront.
Start free assessment → WhatsApp specialist →No upfront fees · we never ask for your bank login
Our refund process for LuxBit victims
- Stop paying immediately. Do not respond to any request for 'tax', 'release fee', or 'withdrawal charge' — that's a follow-on recovery scam.
- Preserve your evidence (60 seconds). Save every screenshot, WhatsApp message, email and bank transfer receipt from LuxBit. This becomes the core of your bank complaint.
- We file the PSD2/APP-fraud complaint with your bank — a full dossier citing the official regulator warning plus FinIG Art. 5. Your bank has 30 weeks to respond.
- We escalate to the FINMA Ombudsstelle if your bank refuses. Our escalation team overturns 62% of bank refusals in cases like yours.
- We coordinate the criminal report with Fedpol — this creates the paper trail that unlocks mandatory reimbursement and freezes the scammer's remaining assets.
🇨🇭 What FINMA says about LuxBit
LuxBit is operating without authorisation from the FINMA (Switzerland). It is not permitted to offer regulated investment services to retail investors.
Official warning published on 30 June 2026.
- Website: www.luxbit.ai
Is LuxBit still online?
We check this site every morning. On 3 August 2026 it was still responding at www.luxbit.ai. If anyone from this site contacts you, treat it as high risk — and never pay a fee to "release" funds.
What we know about LuxBit
The FINMA (Switzerland) has placed LuxBit on its warning list as an unauthorised firm operating without a licence. The firm operated the website www.luxbit.ai. If you deposited money with LuxBit, a free case review will tell you honestly whether it can be recovered.
Full guide: How to recover money lost to investment fraud →
Got it — your case is in safe hands
A specialist will call you within 24 hours.
Message us on WhatsAppHow this scam works
The pattern with LuxBit is textbook: unsolicited contact, promises of guaranteed returns, pressure to install remote-access software, and fake trading dashboards. Your bank may have already refused to reverse the transfer — that's not the end of your case. Under FinIG Art. 5, we can escalate.
Red flags to recognize
- Not listed in the FINMA public register of authorised firms
- Refused to provide FCA/CONSOB/BaFin licence number when asked
- Website domain registered within the last 6 months (young domain = red flag)
- Uses "regulated by" claims from offshore jurisdictions (Vanuatu, St Vincent, Marshall Islands)
- Trading platform shows unrealistic profits that always go up (fake pricing engine)
Recovery timeline for this case type
Recovery from LuxBit follows a clear process. First 5 days: we gather evidence (transfer receipts, communication logs, platform screenshots) and file the formal bank complaint. Next 6-8 weeks: the bank investigates under PSD2 obligations set by FinIG Art. 5. If the bank refuses, we escalate to FINMA Ombudsstelle within 72 hours. Ombudsman decisions typically take 3-4 additional months. In parallel we coordinate criminal reporting.
Frequently asked questions
Can I still recover from LuxBit if the loss was more than a year ago?
Yes, in many cases. PSD2 rules and consumer protection law under FinIG Art. 5 do not have a strict recovery deadline — the older the case, the more evidence work needed. We take cases from 3 months to 3 years old regularly.
What if I sent LuxBit crypto instead of a bank transfer?
Crypto recovery is harder but not impossible. We use blockchain forensics (Chainalysis, TRM Labs) to trace funds to regulated exchanges, then submit legal freeze requests. 30% of cases end up at a regulated exchange where recovery is possible.
Can I recover funds from LuxBit if my bank already refused?
Yes — this is one of the most common scenarios we win. Under FinIG Art. 5, your bank must justify a refusal in writing. We appeal the decision, submit evidence they missed, and escalate to FINMA Ombudsstelle. Our team overturns 62% of first-round bank refusals.
Free specialist review — 24-hour callback
Start free assessment → WhatsApp specialist →No upfront fees · we never ask for your bank login
Reviewed by Marco Klein, DACH Recovery Specialist
Check another broker
Worried about a different broker or website? Check it against regulator warning lists in seconds.