Bit Mine Network - Fake certificates, BaFin warns

06.03.2023
Bit Mine Network implies that the investor is granted excellent conditions to make money while trading cryptocurrencies as fast as it is safe. At Bit Mine Network, everything is investment fraud. Everything the investor sees on his screen is for deception. Not a dime has been invested. The money has gone straight into the pockets of the investment scammers. Nothing is traded on bitminenetwork.com. Have you had similar experiences? What can investors who Bit Mine Network have scammed? What help is available for investment scams? How can investors get their money back from rogue providers?

 

 

Bit Mine Network: Statements on bitminenetwork.com are baseless and dubious!
What do unsuspecting investors read on bitminenetwork.com? "Take a look at Bit Mine Network programs with ultra-fast real-time profit intervals: Your account balance is updated every second and an instant payout to your wallet is available at any time." This is just a small sample of the questionable promises prospective customers can find on Bit Mine Network's website. None of these full-bodied assurances from Bit Mine Network have been kept. Unfortunately, the suspicious business conduct makes for disappointed investors and miserable experiences!

 

Bit Mine Network: Who is behind it?
Since the Bit Mine Network makers are doing everything they can to conceal the true circumstances, a great many investors will find it quite difficult to answer this question. This is certainly not uncommon, as the perpetrators usually run several of these websites with the same fraudulent business model. They are produced in series, quickly put online, and just as quickly shut down, moreover, the top-level domain is changed again and again to evade financial regulators and law enforcement agencies. However, there has nevertheless been a BaFin warning since Dec. 29.

 

But who is running Bit Mine Network?
There is little usable information about this on Bit Mine Network's website. Certainly the operator Bit Mine Network Limited is given the address Alnwick Road, London E16, UK, but the creators of Bit Mine Network can't be found there, because it's only a dummy address. In addition, there is the e-mail address support@bitminenetwork.com and the telephone number +16203816477. The domain bitminenetwork.com was registered on 03.09.2022 with NameCheap, Inc.

 

Bit Mine Network: Scheme of the investment fraud
The investment scam follows the same scheme: investors get in with a small sum - usually 250 euros - and quickly see how this amount increases, so they are ready to "invest" higher and higher sums. The quarrels start, every time an investor wants to have his money paid out, then flimsily first of all taxes, commissions, fees or anything else must be paid. Much too delayed, many investors realize that they have fallen for investment scammers who never intended to pay out the money again.
 

 

Bit Mine Network: What help is available for investment fraud?
Many defrauded investors wonder what to do about investment fraud, as filing criminal charges makes little sense because such charges are primarily for prosecution and not for recovering the money. What kind of help is available for investment fraud and how do affect investors get their money back? A lawyer specializing in investment fraud must know how to follow the money trail, because as they used to say, money is never gone, but somewhere else. Now you can add: It is challenging, but with the proper tools it is possible to track money digitally regularly - even if it was deposited with Bitcoin through a Crypto Exchanger.

 

RESCH Rechtsanwälte GmbH - Experience in investor protection since 1986
If you have been a victim of BitMine Network and want to know if and how you can get your money back, call +49 30 885 9770 or fill out the questionnaire. You will receive a free assessment of your case.