Bitcoin Bonus – According to information that could be ascertained from the provider’s website https://pool-bb.gives/offbitbonus_1120/ until recently, the online broker was a provider of online trading that was said to have made a wide variety of services available to its customers. When this text was written, the homepage of the online broker was no longer online.
Are you encountering difficulties with the distribution of your capital investment? Our lawyers can help you with claims against Bitcoin-Bonus.
Bitcoin Bonus – Broker Overview
Currently, there is an extraordinarily high number of online trading platforms such as Bitcoin-Bonus. As a result, it has never been as easy but also unsafe as it is today to invest in the unpredictable financial markets. Especially because there are a large number of options, choosing a broker can be time-consuming and intimidating. Especially if you want them to meet your particular investment needs. Have you already invested with Bitcoin Bonus? Then the following points are important for you as an investor.
- A good address for investors who want to enquire about share certificates, futures, binary options and cryptocurrency is a website like this one.
- Access to cross-border financial markets is becoming more practical and interesting for investors through online investing.
- Officially licensed online brokers, reputable portals, costs and brokerage commissions, offering options and ratings are just some of the factors you should consider when making your final decision.
The following are basic suggestions for investors – regardless of the platform you invest in.
Checklist: What you should look out for with online brokers like Bitcoin Bonus
The following list serves to protect you from providers with dubious intentions.
- Identity theft is a problem: Please do not leave a copy of your photo ID. Rip-off artists usually ask you to do this.
- Is the online trading provider Bitcoin-Bonus a company licensed by the Federal Financial Supervisory Authority or in another country of the European Union?
- In which city is the provider’s headquarters?
- Is a provider like Bitcoin-Bonus listed in the company database of the specific EU supervisory authority?
- Don’t be blinded by assurances of high profits without the risk of losing assets.
- Is there a complete imprint on the website?
- Find out as much as possible about the company and the goods you want to buy (Google, forums, online map services).
Credible investment recommendations at Bitcoin-Bonus?
Does Bitcoin-Bonus persuade you to try out investments with a smaller amount? You cannot find any information about the financial service provider because it is supposedly a newly founded company with interesting business ideas? The probability is high that the “insider” tip is a scam. After a short time, the provider will tell you that your investment was a huge success and ask you to increase your investment. The success of your trial investment may lead you to make more investments.
Here are some examples of dubious investment tips: “Would you like to turn €1000 into €250,00.00?” , “5-star share with a profit share of 47.88 %” , “With the fully automatic share profit method, you will make 3500.00 euros a month!” Anyone who promises too much, and that too unsolicited, is rarely trustworthy! But also check which promises and offers are presented to you by the service provider Bitcoin-Bonus.
What is Pump & Dump?
The term pump & dump is used to describe a situation in which the market price of a share is artificially inflated by insiders. Subsequently, this share is sold to other investors at a loss. This is therefore a fraud. A deception that profits from the inexperience of small investors and stock market novices. This tactic is therefore illegal in a controlled securities market and for companies like Bitcoin Bonus. The crypto market, on the other hand, is still largely “Wild West” as far as such tactics are concerned.
That is why extreme attention is needed! Pump-and-dump scams are more common there in connection with the so-called altcoins. The pump-and-dump scam is used by criminals to inflate the value of an unknown currency or one they may have created themselves. They achieve this by spreading disinformation online or in social media or by luring co-investors with unreasonable profit expectations.
Therefore, make sure that the Bitcoin Bonus provider provides you with all essential information on this topic, if requested.
Evaluate cybertrading service providers confidently
Conventional investment fraud is carried out using well-known methods such as advertising, telephone canvassing or stock market letters. When it comes to carrying out fraud, the old-fashioned approach is fast becoming obsolete in the digital age. The current type of financial fraud could be described as “cybertrading”. Financial products are traded here with dishonest intent via the internet. Fraudulent financial investments include financial products such as contracts for difference and cryptocurrencies.
Even the Bitcoin Bonus offers have been used by other providers in a similar way to lure investors into the trap. Investors are increasingly making their own enquiries about investment opportunities on the web. Thus, people trust their personal know-how or the advice of others in weblogs, forums and other online portals when making decisions. The switch to ever different financial products has no lasting effect on the unlawful activities related to the organisational structure.
Since the criminal crime rings rely on already existing and widely accepted infrastructures, there is no need to switch to a new “business model”. Regardless of which financial product is traded, the process of cybertrading is nearly congruent. These investment products are aggressively advertised on social media platforms such as Facebook or with paid advertisements. In principle, this is all about presenting enormously high returns. Calculate the probability of achieving high profits with Bitcoin Bonus before you invest.
Online Trading: Be sure to plan for fees
Before investing with Bitcoin-Bonus, find out how much of your investment amount will be used to cover costs, fees and commissions. This is a good time to thoroughly check the information provided by the service providers! Investors must be made aware of all costs to be paid and their impact on the profit margin of financial service providers. Furthermore, the costs must be presented separately. Assuming that you demand a presentation of all fees, the providers are obliged to give you this information.
For obvious reasons, a broker like Bitcoin-Bonus is usually interested in as many trading transactions as possible. Most of the time, the fees are so exorbitant that it is difficult to make a profit. The fees can even devour the invested capital in a very short time. Therefore, be sure to pay attention to the costs! The trading fees of the online broker must be visible to everyone. The clarity of the structure of the costs is also set out in the legal regulations and licensing.
In connection with a violation, the licence of the provider can be withdrawn.
You want to get your money back from Bitcoin-Bonus? Our law firm can help
In order to be able to assess whether you have a repayment claim against the service provider Bitcoin-Bonus, it is always necessary to examine your individual case. The lawyers of the Herfurtner law firm will do this for you as part of a free initial consultation. The starting point for this assessment is always the facts of the case as described by you. In addition, similarities can usually be drawn to similar cases. You therefore benefit from the extensive experience of our lawyers.
After the complete evaluation of all documents and the legal classification, the procedure is first directed against the provider Bitcoin-Bonus itself, should corresponding breaches of duty be verifiable. In order to be able to prove these breaches of duty, the contractual documents, the email communication and possibly also supplementary documents should be evaluated. Furthermore, regulated online trading providers are equally obliged to make and store telephone records of conversations with investors.
The demand for the release of these recordings and the subsequent analysis is also a sensible and necessary step in the enforcement of your claims.
By means of this evidence, investors’ demands can be enforced both in extrajudicial and in judicial proceedings.
The banking institutions and crypto exchanges that are on the receiving end should also be focused on in this context. Because the sums of money involved are often considerable, the question arises again and again as to whether the institutions have fulfilled their duties to provide information and their obligations under the Money Laundering Act. It is not possible to make a general statement in this regard; rather, the individual case must be considered.
The same applies to the beneficiary on the recipient side, who is usually not identical with the financial service provider itself. Under certain circumstances, claims may also be brought against the financial service provider if breaches of duty can be proven.
After exhausting the possibilities under civil law, there is still the option of proceeding under criminal law if the initial suspicion of a criminal offence is substantiated. This requires contacting investigating authorities at home and abroad and coordinating further precautions.
For the time being, many federal states have created special departments for the topics of online fraud and crypto trading. The lawyers of the Herfurtner law firm are in regular contact with these departments. It should not be forgotten that web hosters also provide useful information on domain holders. However, contacting the internet providers, who are often located outside the EU, is extremely complicated for the layperson.
Tax authorities in Germany and abroad are also practical contact points for investors who have suffered losses. In addition to the complaint against the particular provider, which is intended to prevent even more potential buyers from investing, it may be possible to find out even more details via the financial authorities as a source of information. In many cases, these details allow for a consolidation of investigations in the FRG, Austria and Switzerland.