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Wirebitcoin
Operating status: SCAM
Website: https://pc.wirebitcoin.com/
Broker violations and abnormal records
On December 16, 2024, the Ontario Securities Commission (OSC) issued a warning against Wirebitcoin, stating that this broker is not registered in Ontario to engage in the business of trading in securities. https://www.osc.ca/en/investors/warnings/wirebitcoin
On December 16, 2024, the Ontario Securities Commission (OSC) issued a warning against Wirebitcoin, stating that this broker is not registered in Ontario to engage in the business of trading in securities. https://www.osc.ca/en/investors/warnings/wirebitcoinWirebitcoin uses exaggerated languages to establish image of being international, reputable, and reliable. However, we haven't found any valid information on the website to back up those claims. While it claims to have started its business in the US, our research for the company in the registers of relevant financial authorities doesn't return any matching records. In addition, the Ontario Securities Commission (OSC) has issued a warning against Wirebitcoin, stating that this broker is not registered in Ontario to engage in the business of trading in securities. This is a major red flag.
In essence, Wirebitcoin 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. Wirebitcoin appears to be a scam.
Wirebitcoin uses exaggerated languages to establish image of being international, reputable, and reliable. However, we haven't found any valid information on the website to back up those claims. While it claims to have started its business in the US, our research for the company in the registers of relevant financial authorities doesn't return any matching records. In addition, the Ontario Securities Commission (OSC) has issued a warning against Wirebitcoin, stating that this broker is not registered in Ontario to engage in the business of trading in securities. This is a major red flag. In essence, Wirebitcoin 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. Wirebitcoin appears to be a scam.
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