Tag: Or Bar

BitxTech is a crypto payment processor and exchange operated by CryptoFactury OÜ, registered and licensed in Estonia. Israeli Or Bar, born in September 1987, is registered as the director. BitxTech has increasingly come to the attention of broker scams in recent months as a supporting payment processor. It is also interesting to note that BitxTech and XchangePro use the same application and identical onboarding processes. They appear to be clones or white label solutions.

The UK FCA has issued an investor warning against the scam broker ApcoFX (www.apcofx.com), allegedly based in Germany and London. The scam is being developed in cooperation with the Estonian crypto payment processors CryptoFactory OÜ and their crypto exchange Bitxtech (www.bitx-pay.com) and Zichain OÜ and their Rashbe (www.rashbe.com) Crypto Payment Platform. Both companies have one of the worthless Estonian FIU licenses.