Erscheinung:04.06.2024 | Topic Unauthorised business, Consumer protection BaFin warns consumers about the websites coinmarkuw.com and coinmarklkx.com
The Federal Financial Supervisory Authority (BaFin) warns consumers about the services offered on the websites coinmarkuw.com and coinmarklkx.com. According to information available to BaFin, the unknown operator is providing financial and investment services on this website without the required authorisation. BaFin already issued warnings regarding the identical websites coinmarkupp.co and coinmarkaji.com on 4 January 2024 and 31 January 2024.
Anyone conducting banking business or providing financial or investment services in Germany may do so only with authorisation from BaFin. However, some companies offer these services without the necessary authorisation. Information on whether a particular company has been granted authorisation by BaFin can be found in BaFin’s database of companies.
The information provided by BaFin is based on section 37 (4) of the German Banking Act (Kreditwesengesetz – KWG).
Please be aware:
BaFin, the German Federal Criminal Police Office (Bundeskriminalamt – BKA) and the German state criminal police offices (Landeskriminalämter) recommend that consumers seeking to invest money online should exercise the utmost caution and do the necessary research beforehand in order to identify fraud attempts at an early stage.
