Warning broker scam

There is currently a group of scammers active who advise people in various ways to invest money with them using Bitcoin. People often first encounter these scams through advertisements on the internet, leading them to broker websites where they are lured in by automated trading software that supposedly generates high returns. In many cases, they lose all their money, sometimes receiving only a small portion back.

After this, they are approached by a second group of individuals. This second group is often where Bitcoin is introduced. These individuals once again promise the victims large amounts of money, either by claiming they will take legal action against the previously used broker or by promising higher returns if the victim invests money with them instead of the previous broker. However, before doing so, the victims must first transfer Bitcoin to them.

Often, they are also advised to take out loans.

In some cases, the scammers also take control of the victim's computer using TeamViewer or AnyDesk. Sometimes, they falsely suggest that Bitonic is working with them (which is, of course, not true).

See also the article from RTL Z.

We emphasize that Bitonic has no relationship whatsoever with the parties or individuals listed below who present themselves as representatives of these parties and advise you to avoid any contact that indicates possible fraud:

Go Capital Fx
GMOTrading
66 Brokers
BTC Kingdom
ICN Brokers
MTC Brokers
Blue Hill Capital
Mr. Anthony Goldman
forexclientcabinet.com
GFCInvestment
BrighterTrade
Vemarkets
TraderUR
Payback-ltd
key-markets
UproFX

Note: If the company that contacted you is not on the above list, this does not guarantee that the company is legitimate. New websites with different names appear on our radar weekly. If in doubt, always contact us, and use the "check your provider" tool from the Dutch Authority for the Financial Markets here: AFM - Check your provider.

How can you recognize this type of fraud?

• Foreign companies without a verifiable address
• People promising high returns for which you must first buy Bitcoin
• Foreign individuals calling or emailing you
• Trading websites where you cannot withdraw money (or only small amounts)
• People taking control of your computer using TeamViewer or AnyDesk

What can you do? - Do not send Bitcoin to people who claim to be part of these parties if you suspect fraud
- Contact us via Bitonic
- If you have been scammed, it is advisable to report it to the police