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AC-506964
Bit Coins
⚠ Flagged on the register · High risk
We checked Bit Coins against the AskCheck register. It has been reported (2023) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
⚑ Unregulated / unlicensed
What we found
According to its website, Bit Coins claims regulated by The Global Financial Authority (GFA), however, upon investigation, we found that GFA is not a regulatory agency and has not registered with relevant agencies to engage in securities trading business or provide anyone with advice on investing, buying or selling securities. For more information, you can check the website: The truth is that Bit Coins is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws. Bit Coins is a scam.
Assessment source: FastBull BrokersView.
What to do next
- Stop sending money. Don’t make another deposit, pay a “tax” or “release fee”, or share remote-access to your device.
- Gather your evidence. Save statements, chat logs, transaction IDs and the wallet addresses you paid to.
- Report it to your regulator and to local police / action-fraud line so it’s on the official record.
- Add your report here so the next person searching this name is warned — report Bit Coins.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.
Beware recovery scams. After a loss, fraudsters often return posing as “recovery agents” who guarantee your money back for an up-front fee. AskCheck is a free public checker — we don’t recover funds and we don’t guarantee funds can be recovered. Never pay anyone who promises a guaranteed recovery.