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Bitcoin System

Operating status: SCAM

Website: https://bitcoinsystem.app/

Broker violations and abnormal records
  • Jun 30, 2021 The Securities Commission Malaysia (SC) Added Bitcoin System into Its Investor Alert List

    In 2021,The Securities Commission Malaysia (SC) issued a warning against Bitcoin System that this firm may possibly be a clone operating an illegal investment scheme and carrying on unlicensed capital market activities of dealing in securities. You may visit: https://www.sc.com.my/regulation/enforcement/investor-alerts/sc-investor-alerts/investor-alert-list

     


    In 2021,The Securities Commission Malaysia (SC) issued a warning against Bitcoin System that this firm may possibly be a clone operating an illegal investment scheme and carrying on unlicensed capital market activities of dealing in securities. You may visit: https://www.sc.com.my/regulation/enforcement/investor-alerts/sc-investor-alerts/investor-alert-list
  • Jan 18, 2023 BrokersView has Reviewed that Bitcoin System is an Unregulated Broker

    Bitcoin System presents zero details about its regulations on its website, Lacking regulatory information is already a huge red flag for potential investors. Besides, the Securities Commission Malaysia (SC) issued a warning that Bitcoin System was providing finacial services or products without authorisation. 

    More importantly, the Securities Commission Malaysia (SC) issued a warning against Bitcoin System that this firm may possibly be a clone operating an illegal investment scheme and carrying on unlicensed capital market activities of dealing in securities.

    The truth is, Bitcoin System may not be under valid regulation by any regulators to provide investment services. Investors' funds in this company are unsafe and cannot be protected by any law. It is a scam.

    Bitcoin System presents zero details about its regulations on its website, Lacking regulatory information is already a huge red flag for potential investors. Besides, the Securities Commission Malaysia (SC) issued a warning that Bitcoin System was providing finacial services or products without authorisation. More importantly, the Securities Commission Malaysia (SC) issued a warning against Bitcoin System that this firm may possibly be a clone operating an illegal investment scheme and carrying on unlicensed capital market activities of dealing in securities.The truth is, Bitcoin System may not be under valid regulation by any regulators to provide investment services. Investors' funds in this company are unsafe and cannot be protected by any law. It is a scam.

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