en
Back to the list

Someone is (poorly) impersonating Bakkt to steal Bitcoin

source-logo  chepicap.com 07 February 2019 21:23, UTC

It is being reported by Coindesk that a website has popped up which claims to be for a "second round" of financing for the highly anticipated Bakkt Bitcoin futures exchange, and apparently there are emails being sent out directing investors to the site. However the entire effort is a clear scam and so far nobody is taking the bait, it seems.

The site shows some red flags immediately: An incorrect font for the Bakkt logo, a generally simplistic page, and listing March 12 as the launch date for the platform, despite no date having been announced anywhere else. Users are directed to join if they want to invest in Bakkt. They are eventually prompted with a Bitcoin address to send investments to, and asked for their BTC adress to return them "profits."

A spokesperson from ICE, which owns Bakkt, has confirmed the site is fraudulent and that the company would never raise financing in such a manner.

According to the article, the Bitcoin address provided for "investments" has so far seen no coin sent to it. Of course, the scammers could be using multiple addresses, though still, it seems unlikely most users would fall for this.

In general, users should be wary of any type of investment opportunity that comes with any red flags at all, or cannot be independently verified. For now, stick with Chepicap for any updates on this unconvincing scam!

Read more: JP Morgan looking to Bakkt for exposure to cryptocurrency

WATCH: Bitcoin Q1 Price Action reveals a pattern! Subscribe to the Chepicap YouTube Channel for more videos!

chepicap.com