SEC warns of fraudulent Bitcoin page

SEC warns of fraudulent Bitcoin page

The Securities and Exchange Commission has warned that a new Bitcoin Co page on Facebook is a scam. The company ceased offering digital transaction services on Monday morning.
The Securities and Exchange Commission has warned that a new Bitcoin Co page on Facebook is a scam. The company ceased offering digital transaction services on Monday morning.

The Securities and Exchange Commission (SEC) has warned of a fraudulent Facebook page claiming to represent Bitcoin Co and to provide digital asset transaction services.

The SEC said that Bitcoin Co announced at 6.06am on Monday it would end its digital asset exchange service on Oct 1. At 8.30am a fake Facebook page appeared, claiming to be a Bitcoin Co channel to receive digital asset transfers.

Customers of Bitcoin Co should contact the company only through its website at https://bx.in.th, the SEC said. SEC said police had been asked to investigate the fake Facebook account.

Bitcoin Co announced it decided to end its digital exchange and wallet services on the website and to focus on other business opportunities.

It asked customers to wirthdraw their funds from the website within the next month. It would disable deposits this coming Saturday.



Do you like the content of this article?
COMMENT (1)

City struggles continue at West Ham

LONDON: West Ham United extended their unbeaten run to four matches with a 1-1 home draw against struggling Manchester City in Premier League action on Saturday.

20:27

Ekachai denied bail in motorcade case

The Court of Appeal has upheld a lower court ruling to deny bail to activist Ekachai Hongkangwan, who was charged with causing harm to Her Majesty the Queen’s liberty during her motorcade on Oct 14.

18:43

No link between flu jabs and deaths, says Seoul

SEOUL: Korean authorities insist flu vaccines would continue to reduce the chance of having simultaneous epidemics of influenza and Covid-19, even as the number of people who have died after getting flu shots has risen to 48.

17:56