Erscheinung:24.01.2025 | Topic Unauthorised business, Consumer protection greenhawk-ct.com: BaFin warns against website
The German Federal Financial Supervisory Authority (BaFin) warns against the website greenhawk-ct.com. According to its findings, the operator offers financial and investment services as well as crypto-asset services there without a licence.
The website operator appears under the name Greenhawk-CT, without using a legal form. He does not provide any information about his place of business. In addition, the operator declares that he is authorised and regulated by the Crypto Conduct Authority. However, the Crypto Conduct Authority is not a nationally or supranationally mandated or legitimised supervisory authority.
Anyone offering financial or investment services or crypto-currency services in Germany requires a licence from BaFin. However, some companies offer such services without the required licence. Information on whether a particular company is authorised by BaFin can be found in the company database.
The information provided by BaFin is based on Section 37 (4) of the German Banking Act (KWG) and Section 10 (7) of the German Crypto Markets Supervision Act (KMAG).’
