Bitwise-pro.com presents itself as a comprehensive trading platform offering access to Forex, cryptocurrency, Indian stock markets, and ETFs. However, upon deeper investigation, it appears this website is a fraudulent operation designed to scam unsuspecting users out of their investments, from false claims of legitimacy to unlicensed operations and user complaints.
Bitwise-pro.com raises several red flags that potential investors should be aware of. In this review, we’ll break down the evidence behind the platform’s scam operations, including fake addresses, lack of licenses, and crypto scams, to help you protect your money from these deceptive practices.
False Claims of a Legitimate Headquarters
One of the first signs that bitwise-pro.com is a scam lies in its false claim of having a physical office. Its website lists a specific address, suggesting it operates outside a legitimate headquarters. However, an investigation into the address revealed no such office exists at the stated location. This misrepresentation is a clear red flag that the platform lacks transparency and is likely trying to lure investors into a false sense of security by appearing legitimate.
Bitwise-pro.com Unlicensed Trading Services
Bitwise-pro.com advertises a range of trading services, including access to the Forex market, cryptocurrencies, Indian markets, and ETFs. However, despite offering financial services, the platform operates without regulatory licenses or oversight. Regulation by recognized authorities is essential to protect clients’ funds for any platform offering financial services, especially for those dealing with high-risk assets like cryptocurrencies and Forex. The website’s lack of such licenses indicates it is illegal.
Offering financial services without the required licenses is a criminal offense in many countries—regulatory authorities such as the SEC. The U.S. or the FCA in the U.K. imposes strict guidelines to protect investors from scams. Bitwise-pro.com’s disregard for such regulations means that users’ investments are not protected, and the platform could disappear with their funds at any moment, leaving investors with no recourse.
User Complaints and Financial Losses
One of the most significant indications of bitwise-pro.com’s fraudulent nature comes from the reports of users who have lost money on the platform. One user, in particular, reported losing around $3,000 in a cryptocurrency investment scheme orchestrated by the platform. This loss highlights the website’s deceptive tactics, as the platform promises high returns but ultimately leads users into financial ruin.
Bitwise-pro.com’s involvement in fraudulent activities becomes even more apparent when examining the cryptocurrency receiving addresses linked to the scam. The platform has been linked to the following addresses:
- Ethereum Address: 0xdcc21176947aaeb558c6b67ac7f6b9cf6572987e
Received Amounts: 0.7187 ETH and 0.8287 ETH - Bitcoin Address: bc1qleulnen6j3vv6r4r7z9dzferfkkvhua5z6kcrq
Received Amount: 0.01566585 BTC
These addresses were used to receive stolen funds from victims, proving bitwise-pro.com’s involvement in fraudulent schemes. The fact that these transactions are public on the blockchain shows that the platform has no intention of refunding users or offering legitimate trading services.
Domain and Website Analysis
A closer look at bitwise-pro.com’s domain and website provides even more evidence of its fraudulent nature. The platform was registered recently, on August 16, 2024, and expires on August 16, 2025. This short lifespan suggests that the website was set up to run a short-term scam operation before disappearing.
Further, the domain registration details reveal that bitwise-pro.com uses privacy services to hide its owners’ identities, a common tactic among fraudulent websites. Additionally, the domain is registered through a phone number, +1.6613102107, which leads to a registrar with multiple reports of abuse. This pattern of hiding information indicates that this website is deliberately concealing its operations to avoid being held accountable for its fraudulent activities.
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Avoid bitwise-pro.com Conclusion
Bitwise-pro.com is a fraudulent trading platform with many red flags that warn investors to avoid it. From its fake claims of a legitimate office to its unlicensed services and proven involvement in cryptocurrency scams, the evidence against bitwise-pro.com is overwhelming.
If you are looking for a safe and legitimate trading platform. It is crucial to conduct thorough research and ensure that the platform is fully licensed and regulated by reputable financial authorities. In the case of bitwise-pro.com, the best course of action is to stay far away and protect your investments from this scam.
By exposing these fraudulent activities. We hope to prevent further financial losses and warn others about the dangers of trading on unlicensed platforms.
If you have fallen victim to online scams, please comment below. If you have suffered a substantial financial loss, do not despair. We can help you trace your lost funds!
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