With the rapid development of blockchain and digital assets, many digital asset investment platforms have emerged. bt invest is one of them, claiming to provide digital asset management and investment services for ordinary investors. However, some platforms have problems like fake regulation and preventing investors from withdrawing funds. Therefore, it is necessary to analyze bt invest’s background, services, regulation status and potential risks.
bt invest is actually the renamed platform of btcc with bad reputation
According to online reports, bt invest was previously called btcc. Btcc used various means to prevent investors from withdrawing funds after making profits. After being criticized, it changed its name to bt invest. In addition, bt invest has multiple official websites, indicating potential fraud risks.
bt invest falsely claims nfa and msb regulation
Bt invest claims to be regulated by both NFA in the US and MSB in Canada. However, NFA database shows no record of bt invest being a member or regulated entity. The MSB record belongs to another company btg investment limited instead of bt invest. Therefore, bt invest is faking its regulation status.
bt invest seems to mainly target domestic investors
An analysis of bt invest’s website shows that it only has Chinese language option and China-specific contact details. This indicates bt invest is likely designed to mislead Chinese retail investors who lack awareness of potential risks.
investors should be vigilant against unregulated platforms like bt invest
In conclusion, bt invest shows multiple signs of potential fraud, including faking regulation status, preventing investor withdrawals, using multiple brand names and websites, and mainly targeting less informed domestic investors. Investors should be extremely cautious with such risky digital asset investment platforms.
In summary, bt invest is an unregulated digital asset investment platform with high risk. Investors should avoid such platforms and choose regulated entities instead.