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Pro Coins
Operating status: SCAM
Website: https://procoins.net/
Broker violations and abnormal records
On October 1st, 2024, the Federal Financial Supervisory Authority (BaFin) warned consumers about Pro Coins and the services it is offering through procoins.net without the required authorization. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2024/meldung_2024_09_27_procoins_en.html
On October 1st, 2024, the Federal Financial Supervisory Authority (BaFin) warned consumers about Pro Coins and the services it is offering through procoins.net without the required authorization. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2024/meldung_2024_09_27_procoins_en.htmlPro Coins claims that the company behind it is Prime Path Ltd., which is supposedly registered in Marshall Islands. However, we haven't located any corresponding records to support the registration. In addition, the Federal Financial Supervisory Authority (BaFin) warned consumers about Pro Coins and the services it is offering through procoins.net without the required authorization.
In essence, Pro Coins 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.
Pro Coins appears to be a scam.
Pro Coins claims that the company behind it is Prime Path Ltd., which is supposedly registered in Marshall Islands. However, we haven't located any corresponding records to support the registration. In addition, the Federal Financial Supervisory Authority (BaFin) warned consumers about Pro Coins and the services it is offering through procoins.net without the required authorization.In essence, Pro Coins 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.Pro Coins appears to be a scam.BrokersView found that the domain "https://procoins.net/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.
BrokersView found that the domain "https://procoins.net/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.
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