Tag: Bitcoin Circuit

We warned against the broker scam SelfKings attacking investors in Europe and Russia a few weeks ago. Their boiler room agents are threatening their victims. This scam is run by the very same scammers and boiler rooms that run the Cryptansa (www.cryptansa.com) and TrustFina (www.trustfina.com) scams and probably others. Xem Cloud Ltd in the Marshall Islands allegedly operates SelfKings.

In July 2021, FinTelegram issued a warning against Argon Holdings Ltd, which operates the two broker scams 356CapitalMarkets and 365CapitalFX facilitated by PaymentsPro. Argon Holdings has used fraudulent marketing campaigns like Oil Profit to hunt victims for its scams. Back in October 2020, the Belgian regulator FSMA issued a warning against 365CapitalMarkets. Now the UK Financial Conduct Authority (FCA) followed with a warning against 365CapitalFX and its co-operator Sand Ltd. The scam is already about to vanish.

the broker scam SelfKings (www.selfkings.com) attacks investors in Europe and Russia with its boiler rooms. SelfKings is run by the very same scammers and boiler rooms that run the Cryptansa (www.cryptansa.com) and TrustFina (www.trustfina.com) scams and probably others. Xem Cloud Ltd in the Marshall Islands allegedly operates SelfKings. The offshore entities High Wealth Group Ltd and High Net Group Ltd in the Marshall Islands operate TrustFina.

The notorious Bitcoin Circuit fraud campaign is running today on the website https://insaneoffrforyou.org and chases victims for the broker scam Trustfina. The offshore entity High Net Group Ltd is allegedly operating the scam. When registering on Bitcoin Circuit, one is also automatically registered as a victim with Trustfina and redirected to the scam's payment page. There, victims can lose their money via credit and debit card, bank transfer, or crypto. Stay far away from Trustfina and its scam twin Cryptansa.

We received an email today that first led us to the Bitcoin Circuit scam campaign on the https://gdmemsgtll.xyz/bitcoin-circuit website. Anyone who registers there is also automatically created as a Triton Capital Markets scam victim and redirected to its payment page. The scam is currently active today under the domain www.tcapitaltrading.com. In the past months, the scam has already used various domains, most recently with www.tcapitalm.com. The UK FCA issued an investor alert against this domain on July 14, 2021.

The Triton Capital Markets a/k/a Triton Markets scam has been active for months with various domains. Karello D Buro LLC allegedly operates it with addresses in St. Vincent and the Grenadines, and Karelllo D Buro Kft is its paying agent. Regulators have been warning against the scam (see our report here). Currently, the scam operates with the domain www.tcapitalm.com and is promoted by fraud campaigns like Bitcoin Circuit. Evidently, German-speaking investors are the prime target at this time.

Currently, the Bitcoin Prime scam campaign runs on the unspeakable website Ukrkskke with the domain https://ukrkskke.xyz registered in early May 2021. In our tests, we arrived at this website via the intermediating website Vularen (www.vularen.com). We did several tests over the last couple of hours. After registration with these fraud campaigns, we have been redirected to the payment pages of scams and CySEC-regulated investment firms via the intermediating website Etherumcode.

As a "Software-as-a-Service (SAAS)" provider, the Israeli Tigloo operated the Kalite Network for its clients. This Kalite Network was deployed to run the fraudulent Bitcoin Prime campaign, which targeted consumers and retail investors in Europe. The campaign chased victims with the promise of quick fortune via Bitcoin. Tigloo contacted us to say that they have shut down the Kalite Network and would not support any such fraud activities.

An email today leads us to the CryptoPro fraud campaign on the Fintech Newsworld website (https://fintech-newsworld.com/decryptopro/). The campaign shows a video in which celebrities like Bill Gates or Richard Branson talk about the benefits of cryptocurrencies. All we would need to do is sign up, and we can become the next millionaire. Well then. We register and then end up at the scam broker InvestingFX (www.investingfx.io), operated by the Bulgarian Trade Gunter EOOD.

In recent weeks, dozens of fraudulent marketing campaigns have been made around Bitcoins. We will only mention Bitcoin Prime, Bitcoin Profit, Bitcoin Champion, or Bitcoin Circuit. These fraudulent campaigns had the sole purpose of catching victims for scams and illegally operating regulated CySEC brokers. One of the companies through which these fraudulent campaigns are organized and run is Tigloo (www.tigloo.io) in Ramat Gan, Tel Aviv, Israel. For example, today, the Bitcoin Prime campaign is running through the Kalitenet platform made by Tigloo.

It is not a new phenomenon but always surprising. Not at all! We mean the fact that CySEC-regulated investment firms use fraudulent marketing campaigns like 1k Daily Profit, Bitcoin Code, Bitcoin Prime, or Bitcoin Circuit to catch customers for their regulated broker activities with lies and false promises. Today, CySEC-regulated broker OBRinvest is promoted via the fraudulent 1k Daily Profit campaign. If you are a potential investor, stay far away. However, if you are CySEC, please have a closer look.

An email arriving today leads us to the fraudulent Bitcoin Circuit. There we are shown a video of Richard Branson in a fake celebrity campaign and promised that we could become millionaires. Upon registering, we are redirected to the CFD and crypto broker scam AroxCapital. As a payment processor, we once again found Pay Credits from VertexTech Ltd. AroxCapital Trading Ltd supposedly operates the scam in Canary Wharf, London. However, the company does not exist. However, We had already warned against AroxCapital a few weeks ago.