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This article was published on October 26, 2018

    Belgium warns citizens against these 99 cryptocurrency scam sites

    99 cryptoproblems, but Bitcoin ain't one. Hopefully

    Belgium warns citizens against these 99 cryptocurrency scam sites
    Matthew Beedham
    Story by

    Matthew Beedham

    Editor, SHIFT by TNW

    Matthew is the editor of SHIFT. He likes electric cars, and other things with wheels, wings, or hulls. Matthew is the editor of SHIFT. He likes electric cars, and other things with wheels, wings, or hulls.

    The Belgian Financial Services and Markets Authority (FSMA) continues to warn netizens of the dangers of dealing with cryptocurrency businesses having identified several new blatant scam sites.

    The regulator announced today that it has added another 21 recognized cryptocurrency scam sites to its ever growing list. The authority now recognizes 99 “cryptomonnaies” (Belgium’s surprizingly mellifluous word for cryptocurrencies) trading websites as being untrustworthy. At this rate, the list will be well over 100 by the new year.

    Here’s the list of sites to avoid:

    1. http://www.afaeu.com
    2. http://www.bk-coin.com
    3. http://www.capital-traders.com
    4. http://www.cryptoallday.com
    5. http://www.cryptonetto.com
    6. http://www.cryptosafe.tech
    7. http://www.dca-finance.com
    8. http://www.elos-patrimoine.com
    9. http://www.finances-markets.com
    10. http://www.iminage.com
    11. http://www.investissement-crypto.com
    12. http://www.kryptonexlabs.com
    13. http://www.kryptowize.com
    14. http://www.lacentraledescryptomonnaies.com
    15. http://www.london-exchange.net
    16. http://www.parel-invest.com
    17. http://www.positiva-ad.com
    18. http://www.save-coins.com
    19. http://www.tradabank.com
    20. http://www.trade-my-bitcoin.net
    21. http://www.vip-brokers.com
    22. http://www.01crypto.net
    23. http://www.btc-cap.com
    24. http://www.capital-coins.com
    25. http://www.coinquick.net
    26. http://www.cryptavenir.com
    27. http://www.crypto-banque.com
    28. http://www.crypto-infos.com
    29. http://www.cryptos.solutions
    30. http://www.cryptos-currency.com
    31. http://www.ether-invest.com
    32. http://www.eurocryptopro.com
    33. http://www.finance-mag.info
    34. http://www.gme-crypto.com
    35. http://www.gmtcrypto.com
    36. http://www.gmt-crypto.com
    37. http://www.good-crypto.com
    38. http://www.mycrypto24.com
    39. http://www.nettocrypto.com
    40. http://www.patrimoinecrypto.com
    41. http://www.ydconsultant.com
    42. http://www.aespenbv.com
    43. http://www.coinpaiement.com
    44. http://www.crypto-logic.com
    45. http://www.cryptomonneo.com
    46. http://www.krakenaccess.com
    47. http://www.localbitcoinltd.com
    48. http://www.lyf-chain.com
    49. http://www.major-crypto.com
    50. http://www.01crypto.com
    51. http://www.bourse-ether.com
    52. http://www.bourso-crypto.com
    53. http://www.crypteo.io
    54. http://www.crypto-institute.com
    55. http://www.cryptos-investing.com
    56. http://www.cryptoboursier.com
    57. http://www.cryptocoffre.com
    58. http://www.eminage.com
    59. http://www.epargne-crypto.com
    60. http://www.epargnecrypto.com
    61. http://www.generalcrypto.net
    62. http://www.lbitcoinltd.com
    63. http://www.originalcrypto.com
    64. http://www.origincrypto.com
    65. http://www.placementbitcoin.com
    66. http://www.stock-crypto.com
    67. http://www.strato-markets.com
    68. http://www.sslcrypto.co
    69. http://www.union-crypto.com
    70. http://www.univers-crypto.com
    71. http://www.world-cryptos.com
    72. http://www.1st-cryptobank.com
    73. http://www.bitc-international.com
    74. http://www.boursebitcoin.com
    75. http://www.ccg-investment.com
    76. http://www.crownmanagers.com
    77. http://www.crypto.bnd-group.com
    78. http://www.crypto-access.com
    79. http://www.cryptofrancecapital.com
    80. http://www.cryptorama-bank.com
    81. http://www.cryptos-marketplace.com
    82. http://www.cryptowallet24.com
    83. http://www.e-cryptoney.com
    84. http://www.ecrypto-international.com
    85. http://www.emarketstrade.com
    86. http://www.executivecrypto.com
    87. http://www.fair-oakscrypto.com
    88. http://www.fast-coin.eu
    89. http://www.globalmarkets-group.com
    90. http://www.ldc-crypto.com
    91. http://www.lgsinvestpartners.com
    92. http://www.london-exchange.com
    93. http://www.minedecrypto.com
    94. http://www.mondial-investissement.com
    95. http://www.placementcrypto.com
    96. http://www.primecryptobank.com
    97. http://www.truetrade-capital.com
    98. http://www.vechain-wallet.com
    99. http://www.wallet-coins.com

    These sites are running about as simple a scam as you can imagine. They claim to sell Bitcoin, Ethereum, or other cryptomonnaies to visitors. The buyer will send their fiat to the merchant, who then simply walks away, without ever sending the cryptomonnaies owed to the buyer.

    The FSMA has issued numerous warnings this year, and has been updating its list of known scammers since the end of February this year; sadly complaints continue to roll in.

    Cryptomonnaies scams come in all shapes and sizes. They can be schemes masquerading as “airdrops” with the potential of winning free gifts. They could even be wrapped up in an ICO with the promise of great returns, which never materialize. Or maybe you thought you were buying a coin on the Play Store, only to find out it’s a low resolution image of the coin’s logo.

    Let’s face it, scams, shills, and shitcoins are a fact of the cryptomonnaie life. Be careful out there.