Bitrun Crypto Mining – The company https://bitruncryptomining.com/ advertised itself as a provider of financial services. The domain is no longer accessible at the moment. Here, smart investments in the field of cryptocurrencies were feasible.
In April 2022, an official warning from the FCA from Great Britain appeared. According to this, the service provider would not be able to present a valid licence for its activities.
If you have invested in Bitrun Crypto Mining and there are problems with the payout, the lawyers of the Herfurtner law firm are there to help you.
Bitrun Crypto Mining – Broker experiences
Currently there is an extraordinarily high number of investment service providers such as Bitrun Crypto Mining. This means that investing in the unpredictable financial markets has never been as easy but also as uncertain as it is now. Because there are so many options, choosing a broker can be time-consuming and frustrating. Especially if it is supposed to meet your individual investment needs.
Have you already invested in Bitrun Crypto Mining? Then the following aspects are relevant for you as an investor.
- Online investments make it more convenient and lucrative for investors to enter the international stock markets.
- A number of order types can be used for trading on the www.
- A very good address for investors who want to find out about securities, futures, binary options and cryptocurrencies is a website like this one.
- Federally regulated online brokers, secure provider internet sites, fees and brokerage charges, product options and customer reviews are just exemplary considerations to plan for when making your irrevocable decision.
The following information is general advice for investors – regardless of the platform you invest in.
Is the service provider Bitrun Crypto Mining licensed?
Both financial markets and investor protection benefit from rules of conduct and organisational responsibilities. Investment service providers and companies like Bitrun Crypto Mining have to follow a variety of regulations. The same applies to their employees. This is to avoid conflicts of interest and associated disadvantages for financial investors.
This includes the obligation of the provider to inform its own corporate clients about the most important features of the transaction before sealing a financial deal. This applies both to the specific investor and to the investment itself. In line with this idea, further information is indispensable for clients who wish to engage in highly speculative or risky transactions.
Providers such as Bitrun Crypto Mining have a responsibility towards their customers. This goes far beyond the provision of an offer or a service. Does the provider have authority to sell investment products? You should definitely check this. To do this, you can use the broker check database of a financial supervisory authority and enter the name of the provider in the search function.
Bitrun Crypto Mining: Contact request and offers by e-mail?
Have you ever received investment proposals by email from a service provider like Bitrun Crypto Mining that you are not aware of? Do you receive faxes from the exchange that you have in no way requested? Or have you received an alleged “insider tip”? Investors should beware of similar tips, because they are usually spread by dubious groups or companies that want to profit from an imaginary success story by selling share certificates.
Cases have also become known in which consumers are consulted by a supposed stock exchange supervisory authority. It is falsely said that the people written to have become victims of a fraud and that the personal data has been passed on to the stock exchange supervisory authority by the alleged Federal Public Prosecutor’s Office in Karlsruhe.
The persons written to are required to fill out an Internet form. This is a clear attempt at fraud. We advise against contacting this person or giving out sensitive information such as user names, passwords, credit card numbers or additional identifying information such as your account data at Bitrun Crypto Mining.
Pump & Dump – Definition
The term pump & dump is used to describe a procedure in which the value of a share is artificially inflated by insiders. The same share is then sold to other investors at a loss. This is therefore a fraud. A manipulation that profits from the inexperience of small investors and stock market novices. This tactic is therefore prohibited in a controlled securities market and for service providers such as Bitrun Crypto Mining.
The crypto market, on the other hand, is still by and large the “Wild West” as far as these tactics are concerned. For this reason, special care is required! Pump-and-dump scams are more common there in the context of so-called altcoins. The pump-and-dump fraud method is used by fraudsters to drive up the market price of an unknown currency or one they may have created themselves.
They achieve this by spreading disinformation on the internet or social media or by recruiting co-investors with unreasonable profit expectations. Make sure that the provider of Bitrun Crypto Mining provides you with all the necessary information on this topic.
Investment fraud scheme
You want to invest with Bitrun Crypto Mining? In this case, you should find out all the important information about the company. Investment fraud is a special form of fraud. The criminal guarantees or pretends a lucrative capital investment on the capital market to a large circle of people. Capital investment fraud is punishable by a prison sentence of up to three years or a fine, in accordance with § 264a StGB.
The following products and measures may be considered investment fraud:
- Boiler room scam, a cold call seeking investors by phone call
- Participations in companies
- Participations in shares, funds and certificates
- Unsolicited telephone advertising calls, so-called cold calling
Anyone who has fallen for investment fraudsters has usually invested a lot of financial resources. What can you do in case of investment fraud?
- Involve the criminal police and the financial supervisory authority through a lawyer: Police collective proceedings exist against certain fraudulent companies in the Federal Republic of Germany and also abroad. The police are authorised to have the bank accounts of the rip-off artists blocked and the assets seized. Furthermore, the prosecuting authority is called in.
- Claim damages: People who were not advised correctly can assert claims for damages against the investment advisor.
- Withdraw or contest contracts: Affected persons who have concluded a contract can withdraw or contest it in the case of investment fraud.
- Retrieve capital from Bitrun Crypto Mining: If payments have been realised via credit card, this can be retrieved in many cases by instructing a law firm. In the case of bank transfers from the current account, this can in many cases be recovered by bank order.
Recovery scam explained simply: How to correctly assess providers for the recovery of lost investments
Anyone who has ever lost capital to a fraudulent investment platform knows how devastating it can be. That alone is terrifying enough. But on top of that, the criminals behind the bogus scheme contact you by email or phone within a very short time. This time, however, they do not pose as Bitrun Crypto Mining brokers.
Rather, they guarantee to provide assistance in recovering the lost capital for a fee. Many scammers even appear to have been hired or instructed by reputable companies such as a financial regulator. After stealing your sensitive data, the scammers usually pose as good Samaritans. They promise to assist you in recovering the stolen money.
Even if you have deposited money with a service provider like Bitrun Crypto Mining, your data may be stolen. Those who have lost a large amount of money are usually desperate. Criminals exploit the desperation of individuals by calling themselves “recovery companies”. They offer their services under the guise of helping them get their money back. This means they guarantee in a dubious manner that they will get back the lost assets.
How do you get your investments back from Bitrun Crypto Mining? Our lawyers help
You have invested money with Bitrun Crypto Mining, or a similar service provider? Now you register problems with the payout? Then it is recommended to immediately stop additional payments. This is especially true if the trader demands additional payments to make up for deficits. In addition, you should try to recover the lost capital. Here, affected private investors can seek investor protection and turn to the lawyers of our law firm.
Our law firm examines both civil and criminal law options as well as possible claims for damages against the service provider and against involved payment service providers such as financial institutions. “One can by no means speak of an exceptional case if a private investor loses his capital in the course of online trading.
Many investors are blinded by the professional appearance of the providers and do not realise in time that they are not responsible for their loss Our recommendation is therefore not to resign, but to react quickly and actively. Because the chance of recovering the lost capital is often greater than the aggrieved investors suspect. Would you like to talk to one of our lawyers about Bitrun Crypto Mining? Then you can go directly to our contact area here.