Verdict up front: Luminex STO (luminexsto.com) sells a solar “security token” and says it is “Fully Regulated”. Its own terms say it offers no security token at all. The Dutch AFM flagged it on 15 September 2026. Do not buy.
| Website | luminexsto.com |
|---|---|
| Product | Solar “security token offering” (STO) |
| Domain registered | 19 June 2026 — about three months old |
| Regulator | AFM (Netherlands) alert, 15 September 2026 (via IOSCO I-SCAN) |
| Registrar | NameSilo |
| Status | Live — page loads today |
More raised than the maximum
The sale bar shows Private Sale 0M, Pre Sale 100M, Soft Cap 190M and Hard Cap 320M. Under it, the amount raised reads $322,105,133 — above the hard cap, which by definition is the most a sale can take. Above it: “Countdown has ended!”
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‘Fully Regulated’ — then not an offer
The hero says “Fully Regulated. Fully Transparent. Profit From Every Sunrise. Clean Energy. Proven Returns.” Its terms (last updated 25 April 2026) say nothing on the site is “an offer to sell or a solicitation to purchase any financial instrument, security token, or investment product”. A security token offering that is not a security token offering.
Contacted by someone from Luminex STO?
✎ FILE A COMPLAINT ABOUT LUMINEX STO
Or write to support@ettran.com — include the website, what you paid and any screenshots. Never send passwords or seed phrases.
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No issuer
There is no company name, no address, no prospectus approval and no regulator named. Contact is two email addresses at the same domain.
Why solar
Clean-energy themes make returns sound physical and safe. The token is only a number on a website.
⚠ Verified evidence
- The Dutch AFM flagged luminexsto.com on 15 September 2026 (IOSCO I-SCAN).
- Raised counter $322,105,133 sits above its own $320M hard cap.
- Claims “Fully Regulated” but its terms say it offers no security token.
- Domain registered 19 June 2026.
How to check
A real security token offering has a named issuer and an approved prospectus you can find on the regulator’s site. Check the AFM and ESMA registers before paying anything.
The verdict: Luminex STO claims regulation it denies in its own terms and more money than its own cap allows. The AFM has flagged it. Do not buy.
Tell us what happened with Luminex STO
✎ FILE A COMPLAINT ABOUT LUMINEX STO
Or write to support@ettran.com — include the website, what you paid and any screenshots. Never send passwords or seed phrases.
Sources, checked 29 September 2026: AFM via IOSCO I-SCAN (15 September 2026) · RDAP registration record · luminexsto.com homepage and Terms
