Bitcoin Profit | FinTelegram News

Tag: Bitcoin Profit

Illegal Broker Activities

July 28, 2021

Lausy Status Markets broker scam closing down?

The world would be better without the Status Markets broker scam and the fraudulent idiots who run it. Apparently, the scammers are preparing to change the domain once again or block it. Victims report to us that they can no longer register. In our attempt to register and log in, we also received an error message. We last noticed the scam, operated via Marshall Islands-registered MarCo Global Projects Ltd, in June 2021 because it was aggressively promoted via scam campaigns.

July 2, 2021

InvestXE broker scam facilitated by PandaTS and Bitcoin Profit fraud campaign

Friday is traditionally a heavy day in the international scam scene. Before the weekend, people want to cash in again. Therefore, it is not surprising that today we receive more emails that want to lure us to fraudulent marketing campaigns and scams. The Bitcoin Profit fraud campaign operators are currently sending emails that direct us to the InvestXE broker scam, a white-label broker on the Israeli-Cyprian PandaTS platform of Mahor Lahav and his friends. Currently, the only way for potential victims to lose their money is via Bitcoin withdrawals.

FinTelegram

July 2, 2021

ProfitsTrade Broker scam facilitated by Bitcoin Profit Fraud campaign and RocketBit

Busy Friday! Today, the scam scene in Cyprus seems to be very active in the cyberfinance space. Emails are arriving almost by the minute, promising quick money and wealth. Those who click on the links are led to scam campaigns like CryptoEngine or Bitcoin Profit. The latter currently facilitated the broker scam ProfitsTrade (www.profitstrade.com), supposedly operated by ProfitsTrade Ltd in the Commonwealth of Dominica. We have discovered RocketBit for crypto payments as payment processors.

June 22, 2021

Investor Alert – 24/7 Trading Academy scam promoted by BitcoinUp fraud campaign

In our market monitoring activities, we have noticed that a new scam is active again with 24/7 Trading Academy, which is an introducing broker chasing new victims for broker scams and illegal offers of regulated CySEC brokers. The 24/7 Trading Academy scam itself is promoted by the fraudulent marketing campaign BitcoinUp, which we have already added to our blacklist. The BitcoinUp campaign is currently running on the UflySmart referral hub. Stay far away from 24/7 Trading Academy.

June 20, 2021

We launch a Marketing Campaigns Blacklist to fight investment scams

Currently, fraudulent marketing campaigns around Bitcoin, blockchains, and cryptocurrencies are sweeping the Internet like viruses in a global pandemic. The sole purpose of these campaigns is to generate a stream of constantly new victims for illegal investment offers. CySEC-regulated investment firms are the best clients for the organizers and operators of these campaigns. The websites we uncover typically disappeared soon after. However, too many scam campaigns like Bitcoin Profit or Bitcoin Prime run on too many bad websites. Hence, we start our marketing campaign blacklist.

June 18, 2021

Bitcoin Fraud Campaigns and some of their websites

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.

June 17, 2021

Investor Warning – Apollo Finances promoted by Bitcoin Profit fraud campaign and PayTechno

Today we have once again received emails promising us incredible wealth. All we have to do is get interested and sign up. The link in the email once again leads us to the Bitcoin Profit scam campaign. This time the campaign is running on the website EasyInvestApp. The campaign is available in English and German and promises fortune with Bitcoin. Today, in our second review, Bitcoin Profit takes us to the broker scam Apollo Finances from MGX Consalt Group Ltd after registration. We can also find PayTechno and Neobanq still as scam facilitators despite the many warnings.

June 17, 2021

Bravo Tigloo! The Israeli traffic hub manager terminated fraudulent Kalite Network

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.

June 17, 2021

Fraudulent Bitcoin Profit campaign promotes Global Markets Association and Status Markets scams

The already well-known Bitcoin Profit fraud campaign is currently hunting for new victims of the broker scams Global Markets Association, operated by BI Level World Ltd, and Status Markets, operated by MarCo Global Projects Ltd. Both companies are registered in the Marshall Islands. As a scam-facilitating payment processor, we once again found PayTechno. The Bitcoin Profit campaign runs on the SmartInvestApp website, among others.

June 16, 2021

CryptoPro fraud campaign promotes Bulgarian InvestingFX broker scam

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.

June 16, 2021

R4I – Israeli Tigloo provides scam-facilitating services to scams and CySEC CIFs

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.

June 11, 2021

Broker scam Winbitx chasing victims via Bitcoin Profit campaign

The white-label broker scam Winbitx is currently hunting for new victims using, among other things, the Bitcoin Profit campaign. This campaign promises investors millions in profits even when the crypto markets crash. After registering with Bitcoin Profit, you are immediately redirected to the payment page of the broker scam Winbitx. The cashier is once again PayNetEasy, where once again the UK payment processor Pay Credits for credit and debit card payments are integrated.

Breaking: The Binance-Like $3.1 Billion Money Laundering Settlement of TD Bank!

TD Bank, one of North America's largest financial institutions, has been hit with a historic $3.1 billion settlement over money laundering violations. This case represents one of the most significant AML enforcement actions in U.S. history, both in terms of the financial penalties imposed and the severity of the admitted misconduct. Only Binance, with its $4.1 billion settlement, was even larger.

Gotbit and Russian Executives Charged by U.S. DOJ and SEC for Crypto Market Manipulation!

Gotbit Consulting LLC, along with its Russian executives, has been charged by the U.S. DOJ and SEC for its role in a widespread market manipulation scheme. By using wash trades, Gotbit inflated crypto asset prices and volumes, deceiving investors and raising millions in illicit profits. The company’s fraudulent activities were executed across multiple jurisdictions, with key figures now facing extradition and prosecution.

SEC Charges Market Manipulators in Crackdown on Crypto Asset Fraud

The U.S. SEC has charged three market makers and nine individuals for manipulating the crypto asset market, generating artificial trading volumes and misleading retail investors. The fraudulent schemes created the illusion of active markets, prompting unsuspecting investors to pour money into manipulated crypto assets. The DOJ filed criminal charges against the scheme operators in a parallel transaction.

U.S. DOJ Charges 18 Individuals and Entities in Global Crypto Fraud Crackdown!

The U.S. DOJ has charged 18 individuals and entities in an international operation targeting market manipulation and fraud in the crypto industry. The defendants, including market makers and token promoters, are accused of using wash trading and false trading activity to deceive retail investors and artificially inflate crypto prices. This is the first major criminal case of its kind in the crypto market.

Crypto Exchange Crypto.com Sues US SEC Over Regulatory Overreach!

Crypto.com, the Singapore-based crypto exchange with more than 100 million users, has filed a lawsuit against the SEC, challenging the regulator’s authority over crypto assets and accusing it of overstepping its jurisdiction. The lawsuit comes after a Wells notice was issued to the platform, signaling the SEC’s intent to take enforcement action.