Bakkt Market
We checked Bakkt Market against the AskCheck register. It has been reported (2024) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
What we found
Bakkt Market claims to be headquartered in the USA, is a broker licensed and regulated by the U.S. National Futures Association (NFA) with ID 0561418 and the U.S. Financial Crimes Enforcement Network(FinCEN) as a Money Services Business (MSB) under registration number 31000263262302, offering a range of investment products to traders in global markets. Under registration number 31000263262302 with MSB, we found that the company is SMART GLOBAL, but the business of the MSB is only currency exchange, cannot license forex trading brokerage activities, and has no authorization for financial derivatives. However, Bakkt Market is also not authorized and regulated by the NFA. The truth is that Bakkt Market 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. Bakkt Market 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 Bakkt Market.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.