We warned about the crypto investment platform Passivo in early August 2023. Likewise, the German regulator BaFin has warned and launched an investigation. Unfortunately, this did not impress the Passivo operators. We continue to receive emails every day asking us to take action. The scheme is operated by Passivo Ltd, located in Mahe, Seychelles, which does not have regulatory permission. Stay Far Away.
Key data
| Trading names | Passivo |
| Domain | https://passivo.io |
| Social media | Twitter, Instagram, Youtube |
| Legal entity | Passivo Ltd Passivo Bank AG |
| Contact data | [email protected] |
| Jurisdiction | Seychelles |
| Related individuals | Jan Lübberding Samuel Schrodt Walter Nasse |
| Authorization | M.I.S.A. registration (Mwali) |
| Payment options | Crypto |
| Payment processors | Coinbase, UbanXX, Ramp |
| Compliance rating | Black |
Short Passivo Narrative
The Passivo crypto scheme was pulled up by German entrepreneur Jan Luebberding and his team. We have also found a Passivo Bank registered on MWALI. Deposits from investors can be made via credit/debit card through Coinbase, UbanXX, and Ramp. In this process, investors buy cryptos with their credit/debit card, which are then automatically transferred to the Passivo wallets. As BaFin already states in its warning, Passivo has no license to offer such financial services in EEA or other regulatory regimes.
Share information
If you have any information about Passivo, its operators, and its facilitators, please share it with us through our whistleblower system, Whistle42.
