XBT
We checked XBT 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
XBT claims to be a broker regulated by the Securities Commission of The Bahamas (SCB), supposedly holding the license number SIA-F217. However, we haven't located any corresponding records in the SCB's register. In addition, the claimed regulatory information, the content, and the graphic designs are similar to other fake brokers previously flagged by BrokersView, such as UNICFDS. This is a big warning sign. In essence, XBT is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. XBT appears to be 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 XBT.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.