We plot every flagged operation on the same network map, and Bit Wise sits in a cluster our team knows well – a polished front, a scripted onboarding, and a warning record behind it.
The warning on the record
On June 7, 2024, the Federal Financial Supervisory Authority (BaFin) warned consumers about Bit-Wise and its services. BaFin has information that the company offers banking and/or financial services on its website without the necessary authorization. The company is not supervised by BaFin. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2024/meldung_2024_06_07_bit-wise_co_en.html
Red flags on the map
- Aggressive outreach through social platforms and messaging apps
- Dashboard balances that cannot be verified on-chain
- Pressure to deposit more in order to unlock earlier deposits
- Appears on an official regulator or fraud-warning list
If you have funds with Bit Wise
Do not pay anything further, whatever label the request carries. Gather your records now – transaction hashes, wallet addresses, payment receipts, and every conversation – because the strength of a case rests on that trail.
Cointiverse can chart where the funds moved and give you an honest read on whether a realistic path exists. Start a confidential case review – there is no obligation, and the first assessment is free.