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CoinCapit
On November 7, 2024, the Federal Financial Supervisory Authority (BaFin) warned consumers about the company CoinCapit and the services it is offering through the website coincapitals.net, suspecting it of offering consumers financial and investment services without the required authorization. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2024/meldung_2024_07_01_coincapitals_net_en.html
On November 7, 2024, the Federal Financial Supervisory Authority (BaFin) warned consumers about the company CoinCapit and the services it is offering through the website coincapitals.net, suspecting it of offering consumers financial and investment services without the required authorization. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2024/meldung_2024_07_01_coincapitals_net_en.htmlThe domain of CoinCapit was recently registered in May 2024, making its website relatively new, which is not a good sign. The company established its online presence using a website template, providing generic content and graphic designs for a quick and easy setup. We thoroughly reviewed the website and found no useful company information or valid licensing details. This lack of transparency is a significant scam indicator. The Federal Financial Supervisory Authority (BaFin) has issued a warning against CoinCapit, highlighting its unauthorized status and associated risks.
In essence, CoinCapit 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.
CoinCapit appears to be a scam.
The domain of CoinCapit was recently registered in May 2024, making its website relatively new, which is not a good sign. The company established its online presence using a website template, providing generic content and graphic designs for a quick and easy setup. We thoroughly reviewed the website and found no useful company information or valid licensing details. This lack of transparency is a significant scam indicator. The Federal Financial Supervisory Authority (BaFin) has issued a warning against CoinCapit, highlighting its unauthorized status and associated risks.In essence, CoinCapit 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.CoinCapit appears to be a scam.
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