Radar / Other
UNCX Network (formerly UniCrypt)
Other Estonia uncx.network ↗
Reviewed 2026-11-06
Our verdict
Be careful
Some important points are unclear or concerning.
- No financial-service licence or MiCA CASP authorisation was found for UNCX Network or the linked Estonian entity SDD Tech OÜ. The service is presented as non-custodial …
- uncx.network does not state its operating entity. Third-party sources link the brand to SDD Tech OÜ (Estonia, reg. 16232712), with board members Antoine Chaveron and …
- On 14 October 2026 the Vesting V2 contracts were exploited through a share-accounting flaw. Blockaid reported about $1.49M lost across Ethereum, BNB Chain, Base and …
What should I do?
- Check the licence yourself in the official register of the country where it operates.
- Start small – never send more than you can afford to lose.
- Keep screenshots of all payments and conversations.
Based on public sources at the date of review. Not a finding that the company acted unlawfully; the company can respond below.
Questions about UNCX Network (formerly UniCrypt)
Is UNCX Network (formerly UniCrypt) licensed?
Estonian FIU / Finantsinspektsioon (home regulator of linked entity): licence claimed but not found in the register. No financial-service licence or MiCA CASP authorisation was found for UNCX Network or the linked Estonian entity SDD Tech OÜ. The service is presented as non-custodial smart-contract tooling, so the regulatory perimeter is unclear.
Who owns UNCX Network (formerly UniCrypt)?
uncx.network does not state its operating entity. Third-party sources link the brand to SDD Tech OÜ (Estonia, reg. 16232712), with board members Antoine Chaveron and James Deegan.
Is UNCX Network (formerly UniCrypt) safe to use?
RatEx42 rates UNCX Network (formerly UniCrypt) Amber as of 2026-11-06: some important points are unclear or concerning. The signal is an assessment of public information, not a finding of unlawful conduct and not advice. Always check the licence in the official register yourself.
Are there complaints about UNCX Network (formerly UniCrypt)?
No Trustpilot or regulator complaint pattern was found. However, projects affected by the Vesting V2 exploit lost tokens held in UNCX's shared contract. Zipcoin announced closure citing the incident and publicly disputed UNCX's handling; UNCX rejected that characterisation.
Answers are generated from this profile (reviewed 2026-11-06). Sources are linked in “The full check” below.
About
UNCX Network, formerly UniCrypt, is a multi-chain DeFi infrastructure provider offering non-custodial liquidity locking, token vesting and staking/farming tools, operating since 2020. Third-party directories link the brand to SDD Tech OÜ, an Estonian company. The Estonian register flags non-submitted annual reports and a deletion notice, and an aggregator lists the company as in liquidation with a liquidator since 2026. No financial-services licence or regulator action was found. On 14 October 2026 its Vesting V2 contracts were exploited; Blockaid reported about $1.49M across four chains, while UNCX's own recap cites about $807K. On 22 October the UNCX Foundation announced a voluntary, KYC/KYB-conditioned ex-gratia recovery programme for certain affected Ethereum projects.
Read more
UNCX Network, formerly UniCrypt, is a multi-chain DeFi infrastructure provider offering non-custodial liquidity locking, token vesting and staking/farming tools, operating since 2020. Third-party directories link the brand to SDD Tech OÜ, an Estonian company. The Estonian register flags non-submitted annual reports and a deletion notice, and an aggregator lists the company as in liquidation with a liquidator since 2026. No financial-services licence or regulator action was found. On 14 October 2026 its Vesting V2 contracts were exploited; Blockaid reported about $1.49M across four chains, while UNCX's own recap cites about $807K. On 22 October the UNCX Foundation announced a voluntary, KYC/KYB-conditioned ex-gratia recovery programme for certain affected Ethereum projects.
The full check
🪪LicenceLicensing & registrationCaution
No financial-service licence or MiCA CASP authorisation was found for UNCX Network or the linked Estonian entity SDD Tech OÜ. The service is presented as non-custodial smart-contract tooling, so the regulatory perimeter is unclear. The Estonian FIU cancelled legacy VASP licence entries on 1 July 2026; secondary sources say Finantsinspektsioon had authorised only one Estonian CASP (Lightspark Payments Europe AS) by then. The Finantsinspektsioon register itself was not queried directly.
- Estonian business register entry for SDD Tech OÜ; no activity licence shown in the extract reviewed
- FIU cancelled legacy VASP licence register data on 2026-07-01; crypto licensing moved to Finantsinspektsioon 2026-07-01
- Secondary source: by 1 July 2026 Finantsinspektsioon had granted exactly one Estonian MiCA CASP licence (Lightspark Payments Europe AS)
👥Who owns itOwnership & controlCaution
uncx.network does not state its operating entity. Third-party sources link the brand to SDD Tech OÜ (Estonia, reg. 16232712), with board members Antoine Chaveron and James Deegan. The register shows non-submitted annual reports (2023 and 2024 periods) and a deletion notice; b2bhint lists the company as in liquidation with Deegan as liquidator since 2026. The X account refers to a separate 'UNCX Foundation', whose legal form and ownership were not found. Group structure is not clearly disclosed.
- Register: non-submitted annual reports and deletion notice flagged; 2023 and 2024 reports not submitted
- Inforegister lists Chaveron and Deegan as board members, with unicrypt.network as the company's webpage
- Tracxn associates Unicrypt with SDD Tech OÜ (marked deadpooled)
- Lists company in liquidation; Chaveron as beneficial owner since 2021 and Deegan as liquidator since 2026
- Antoine Chaveron described as co-founder of UNCX
- UNCX X profile references 'UNCX Foundation'
- Inforegister lists unicrypt.network as the company's site and Chaveron as main decision-maker
🏦Where your money goesBanking & payment chainNot checked yet
Not yet assessed.
⚖️Regulator actionsRegulatory actionsNot checked yet
Not yet assessed.
📰News & reputationAdverse media & OSINTCaution
On 14 October 2026 the Vesting V2 contracts were exploited through a share-accounting flaw. Blockaid reported about $1.49M lost across Ethereum, BNB Chain, Base and Robinhood Chain (10 third-party tokens), with copycat wallets joining. UNCX's own 17 October recap cites about $807K extracted and liquidated and about $58K returned via a white-hat and an MEV operator, and says liquidity lockers and legacy vesting were unaffected. UNCX raised fees to limit drains and said it is working with law enforcement and SEAL 911. Media otherwise describe it as a long-running liquidity-locking provider.
- Blockaid-reported $1.49M exploit; UNCX statement on unaffected lockers 2026-10-15
- UNCX recap: ~$807K extracted and liquidated, ~$58K returned; legal counsel engaged 2026-10-17
- UNCX update: coordinating with law enforcement and SEAL 911 2026-10-14
- Breakdown of $1.49M losses across four chains 2026-10-16
- Copycat wallets/MEV bots; fee increases; law enforcement coordination 2026-10-15
- UNCX restricted new vesting positions; questions over $3.25M remaining in pool
- Breakdown of losses by chain and ExVul root-cause analysis 2026-10-16
- UNCX disclosure citing about $807K and a partial white-hat return
💬Customer experienceCustomer conductCaution
No Trustpilot or regulator complaint pattern was found. However, projects affected by the Vesting V2 exploit lost tokens held in UNCX's shared contract. Zipcoin announced closure citing the incident and publicly disputed UNCX's handling; UNCX rejected that characterisation. UNCX's Foundation announced a voluntary ex-gratia programme (stated 100% of liquidated realised proceeds for certain Ethereum projects, subject to KYC/KYB), made without admitting liability. Wider reimbursement status was not confirmed.
- Zipcoin closure; UNCX voluntary recovery programme with KYC/KYB conditions and rejection of Zipcoin's account 2026-10-22
- UNCX Oct 22 'Final Public Vesting Incident update' announcing UNCX Foundation voluntary relief programme 2026-10-22
- Immunefi security head: provider and projects share responsibility for making users whole
How we rate: methodology.
Similar providers
Licences & registrations
| Regulator / register | Type | Number | Status |
|---|---|---|---|
| Estonian FIU / Finantsinspektsioon (home regulator of linked entity) | Virtual currency service provider / MiCA CASP | Claimed, not found in register |
People & network
Version history
- 2026-11-06 Amber signal Automated re-check: complaints: unknown → amber – affected projects suffered losses; Zipcoin closure and public dispute reported 2026-10-22; UNCX Foundation voluntary ex-gratia programme with KYC/KYB conditions announced
- 2026-11-06 Amber signal Automated profile created from public sources
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