RatEx42 Assigns ‘Critical Risk’ Rating to Phantom Crypto Exchange Meteorex Amid EU Shell Operator Suspicions

tamir
Wed, 08 Apr 2026 13:59:50 +0000
Crypto Compliance, ticker, AML, Crypto Payments, MeteorEx, RatEx42

The RatEx42 cyberfinance rating platform has issued its highest-level warning against the purported cryptocurrency exchange Meteorex (MeteorEx s.r.o.). Operating with zero verifiable blockchain infrastructure and hiding behind a Czech shell entity, the platform has been classified as a “Critical Risk” and downgraded to Tier D on the DAREX Index. European acquiring banks and PSPs are urged to immediately block all associated fiat transactions to prevent potential money laundering and investment fraud.

Key Findings

Phantom Operations: Despite marketing itself as a digital asset exchange, Meteorex possesses no functional trading engine, decentralized application (dApp), or verifiable Web3 footprint.

EU Shell Exploitation: The platform utilizes a newly formed Czech corporate entity (MeteorEx s.r.o.) and a notoriously easily acquired local trade license to falsely project “EU AML compliance” to banking partners.

Nominee Directorship: The entity is directed by Andrei Gergeev, a known corporate service provider and professional nominee, deliberately obscuring the platform’s true Ultimate Beneficial Owners (UBOs).

Virtual Office Setup: The official corporate headquarters is registered to a well-known mail-drop address in Prague shared by dozens of other shell companies.

Severe Regulatory Downgrade: RatEx42 has assigned Meteorex a RED (Critical Risk) signal and placed it in Tier D on the DAREX Index, signaling extreme regulatory risk and a high probability of illicit financial activity.

What is Meteorex?

Meteorex (meteorex.net) presents itself to the public as a digital asset trading platform compliant with European Anti-Money Laundering (AML) regulations. However, compliance investigations reveal that it is a “burner” platform. It lacks the basic technological infrastructure required to facilitate actual cryptocurrency trading.

Instead, it functions primarily as a digital storefront designed to legitimize a recently registered European corporate shell. In the digital asset space, platforms fitting this exact typology are heavily correlated with “pig-butchering” investment scams, existing solely to secure access to the SEPA network to harvest and launder illicit fiat deposits from victims.

Reasons for RatEx42’s “Critical Risk” & Tier D Classification

RatEx42’s methodology reserves the RED (Critical Risk) classification for entities demonstrating a clear, present danger to the financial ecosystem. Meteorex earned this rating due to its systemic opacity. The use of a professional nominee director and a shared virtual office indicates a deliberate effort to shield its true operators from legal liability.

Furthermore, the platform’s reliance on an unqualified Czech trade license—a notorious “license of convenience” in the EU that bypasses rigorous financial audits—is a classic red flag for regulatory arbitrage.

Consequently, Meteorex has been placed in Tier D of the DAREX Index. Tier D is reserved for digital asset entities demonstrating the highest levels of regulatory risk, severe compliance deficiencies, and an elevated threat of facilitating unauthorized money transmission. Any payment service provider (PSP) or Electronic Money Institution (EMI) processing transactions for this entity is at extreme risk of compliance contagion.

Meteorex Key Data Table

Data Point | Details
Brand Name | Meteorex
Primary Domain | meteorex.net
Legal Entity Name | MeteorEx s.r.o.
Company ID (IČO) / LEI | 21270244 / 315700XR50H43IT6V946
Business Activity | Purported Virtual Asset Services (Phantom Exchange)
Registered Address | Rohanské nábřeží 678/23, Karlín, 186 00 Praha 8, Czech Republic (Virtual Office)
Jurisdiction | Czech Republic (EU)
Regulatory Framework | Unregulated (Holds basic Czech Trade License, not authorized by CNB)
Registered Director (UBO) | Andrei Gergeev (Nominee Director)
RatEx42 Risk Signal | RED (Critical Risk)
DAREX Index Rating | Tier D (High Regulatory Risk)

Export to Sheets

Call to Action: Protect the Financial Ecosystem

Are you processing payments for MeteorEx s.r.o.? Financial intelligence relies on insider knowledge to map shadow fiat rails. If you work for a European EMI, an acquiring bank, or a payment processor that has interacted with MeteorEx s.r.o. or its director Andrei Gergeev, we need your help.

Please submit internal compliance flags, transaction routing data, or banking documentation to our secure whistleblower platform, Whistle42. All submissions can be made entirely anonymously. Help us expose illicit shell networks and protect retail investors.

Share Information via Whistle42