BaFin warns of eukrypto.com and eukrypto.site

The German BaFin is currently investigating many crypto projects. The accusation: securities trading without a license. EUKrypto also abuses the logos of authorities.

The Federal Financial Supervisory Authority (BaFin) is investigating the platform eukrypto.com and eukrypto.site. This is according to a official press release.

The suspicion: the platform offers securities trading without a license.

"According to the regulator's findings, their operators there offer financial and securities services without a license," it reads.

In addition, EUKrypto misuses the logos of the Federal Ministry of Finance and the state of Hesse. BaFin strongly warns against using the platform.

Also on the authority's radar: Krypto-finanzen.com and the site bitcoin-bankbreaker.com. According to the authority, users should also watch out for these platforms.

However, there are also recognized crypto providers. In our review section, we compared a total of more than 50 different platforms.