Urgent Investor Warning Against Pioneer Trade Ltd Crypto Investment Scheme.
The German regulator BaFin warns against the Pioneer Trade Ltd crypto investment scheme, allegedly operated by the UK-registered Pioneertrade Ltd or Digital Currency Group. Bafin points out that this scheme does not have a license to conduct banking business or provide financial services. The UK Companies House lists Hamza Iftikhar, a Pakistani, as director and beneficial owner. The website promises up to 3,000% profits within six months. Stay very far away!