Attention! Do Not Fall For The TargetTrading Broker Scam!

FinTelegram warns against TargetTrading broker scam
Spread financial intelligence

BaFin has recently issued a warning against crypto marketing scam Bitcode Prime which is after naive consumers for broker scams like TargetTrading or InvestKingdom (warning here) and others. These fraudulent crypto campaigns target consumer greed with the promise of quick riches. The German regulator BaFin has qualified this type of (fraudulent) offering of financial services as an activity requiring a license and has announced investigations against the operators of Bitcode Prime and the brokered broker scams.

Key Data

Trading nameTargetTrading
ActivityBroker scam
Legal entityDIGITAL C MEDIA (fake)
JurisdictionSt. Vincent & The Grenadines
Attacking languagesEnglish, German
Payment optionsBank wire, credit card,
FacilitatorCrypto campaign Bitcode Prime (https://bitcode-prime.de)

Additional Information

Digital C Media is also known as the operator of other broker scams such as MidasWMS, which has since disappeared. However, we have not found the company allegedly registered in St. Vincent & The Grenadines. This legal entity is likely to be a fake.

Share Information

If you have any information about Bitcode Prime or TargetTrading operators, please share it with us through our whistleblower system, Whistle42.

Leave a Reply

Your email address will not be published. Required fields are marked *