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BITOX
On July 5, 2024, the Federal Financial Supervisory Authority (BaFin) warned consumers about the website bitox.co. According to information available to BaFin, financial and investment services are being provided on this website without the required authorization. BaFin also noticed that it is not related to HF Markets (UK) Limited and is a case of identity theft. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2024/meldung_2024_06_25_bitox_co_en.html
On July 5, 2024, the Federal Financial Supervisory Authority (BaFin) warned consumers about the website bitox.co. According to information available to BaFin, financial and investment services are being provided on this website without the required authorization. BaFin also noticed that it is not related to HF Markets (UK) Limited and is a case of identity theft. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2024/meldung_2024_06_25_bitox_co_en.htmlBITOX was red-flagged by the Federal Financial Supervisory Authority (BaFin) as a case of identity theft. According to BaFin, this website is identical to those on the BaFin's warning list. What's more, BITOX falsely claims to be associated with a legitimate company HF Markets (UK) Limited and to be subject to the BaFin's oversight. To clarify, BaFin issued the warning, refuting such claims and advising investors to stay way from BITOX.
In essence, BITOX 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.
BITOX appears to be a scam.
BITOX was red-flagged by the Federal Financial Supervisory Authority (BaFin) as a case of identity theft. According to BaFin, this website is identical to those on the BaFin's warning list. What's more, BITOX falsely claims to be associated with a legitimate company HF Markets (UK) Limited and to be subject to the BaFin's oversight. To clarify, BaFin issued the warning, refuting such claims and advising investors to stay way from BITOX.In essence, BITOX 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.BITOX appears to be a scam.
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