Bitcoin 360Ai - Unregulated, dubious and fraudulent

06.04.2023
Our research department was able to gather some information about Bitcoin 360Ai (there areseveral platforms with this name, here we are talking about bitcoin360ai.com). Bitcoin 360Ai pretends that investors are granted the very best opportunities to make money as fast as they can with AI-powered cryptocurrency trading. With Bitcoin 360Ai, it's all investment fraud. The money has landed right in the pockets of the investment scammers. Everything the investor sees on their screen is misdirection. Nothing is traded on bitcoin360ai.com. Not a cent has been invested. Can you report any comparable experiences? What help is there for investment fraud? How do investors get their money back from dubious providers? What can investors do who have been scammed by Bitcoin 360Ai?

Bitcoin 360Ai: Suspicious and dubious statements
What do the perplexed visitors to www.bitcoin360ai.com have to take in? They have been able to see for themselves that the website bitcoin360ai.com makes a good impression. Investors are hardly in a position to realise that you are merely being played a game and that not a cent of your money is being invested. The money ends up in the pockets of the perpetrators, who of course do not trade with the investors' money either. Unfortunately, the half-secret business conduct only makes for disappointed investors and miserable experiences!

Bitcoin 360Ai: Who is behind it?
Bitcoin 360Ai does not contain an imprint and the domain data of bitcoin360ai.com also does not contain any indication of who registered it, but only that the registration took place on 16.05.2022 with MainReg, Inc. and that the real domain owners - quite as expected - are hiding behind an anonymisation service. Belize was given as the country of registration.

Bitcoin 360Ai: References to Singapore
In addition to the email address info@bitcoin360ai.com, the potential investor is also given the telephone number +6567018000 with a Singaporean country code, but this hardly allows any conclusions to be drawn about the operators of the platform. The address is 435 Orchard Rd #11 Wisma Atria SG 238877 in Singapore. And those who expect a lively trading empire à la Bitcoin 360Ai at the aforementioned address, or who think they will be able to speak directly to a Bitcoin 360Ai employee when they pick up the phone, will be disappointed. Both the address and the phone number lead to a worldwide provider of office services and virtual offices called Regus. This makes it possible for anyone to organise a business address at said address - quite legally and uncomplicatedly - without ever having been there themselves. Unfortunately, this service is also often used by criminals who can remain undetected in this way.

Bitcoin 360Ai: What is the legal framework?
We took a closer look at the general terms and conditions on bitcoin360ai.com to learn more about the company. There are some questionable statements there on the subject of country jurisdiction. On the one hand, the company is supposed to be based in Singapore. However, when it comes to the definition of a possible country, the United Kingdom is suddenly mentioned. Then again, it is about compliance with the legislation of the United States of America. And we also remember that the domain bitcoin360ai.com was registered in Belize. In our eyes, these are a few too many competent countries. It is thus more than risky to engage in business with bitcoin 360Ai. 

Bitcoin 360Ai: Where is the app?
There is also constant talk of an app on the website, but you can't download it anywhere. There are apps (for example, in the Apple Store) that sound similar in name, but neither their logo nor their presentation match the Bitcoin 360Ai found here. Apparently, the creators of this flimsy construct are merely trying to draw a bow to legally operating companies and their products in order to appear legal themselves.

Bitcoin 360Ai: International Searches
The worldwide search for the Bitcoin 360Ai in the relevant registers leads to no result. The Bitcoin 360Ai is a fantasy product. But with our research tools, our investigation team has succeeded in tracking down the investment fraudsters. It is only a matter of time until the regulatory institutions will also take notice of the local Bitcoin 360Ai and warn against their criminal activities.

Bitcoin 360Ai: Scheme of the investment fraud
Investment fraud usually follows the same pattern: investors initially put in a small sum - usually 250 euros - and quickly experience how this amount multiplies, so that they are willing to "invest" higher and higher sums. The arguments start as soon as investors want to have their money paid out, because then taxes, commissions, fees or anything else must be paid first. Unfortunately, most investors do not realise until it is too late that they have fallen for an investment scam and that there was never any intention of paying out the money again.

Bitcoin 360Ai: What help is there for investment fraud?
Many desperate investors ask themselves what to do in the case of investment fraud, because filing criminal charges hardly makes sense, because criminal charges are mainly for prosecution, but not for recovering the money. What help is available for investment fraud and how do affected investors get their money back? A lawyer specialising in investment fraud knows how to follow the money trail, because as they used to say, money isn't gone, it's somewhere else. Now it can be added: It is challenging, but with the right tools it is possible to systematically track money digitally - even if it was deposited with Bitcoin via a Crypto Exchanger.

RESCH Rechtsanwälte GmbH - Experience in investor protection since 1986
If you have become a victim of Bitcoin 360Ai, respectively, 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.