Crypto Scam Alert 2026: FSMA Adds Six Unauthorised Platforms to Its Fraudulent Crypto Provider List

A fresh regulatory warning has placed six online crypto platforms under scrutiny after Belgium’s financial regulator identified them as unauthorised crypto-asset service providers and added the entities to its list of fraudulent Crypto-Asset Service Providers (CASPs).

The warning, published on 6 July 2026, concerns Aurum Foundation (aurum.foundation), Bank Bit (bank-bit.com), Bithf Pro (bitfpro.org), Dxago (dxago.com), Global Dynamic Trade (globaldynamictrade.org), and ZeriaFunding (zeriafunding.com).

The Financial Services and Markets Authority (FSMA) states that these companies are offering crypto-asset services in Belgium without authorisation and strongly advises consumers against accepting their offers.

More significantly, the regulator confirms that all six entities have been added to its list of fraudulent crypto-asset service providers.

The warning arrives at an important moment for European crypto regulation. The transitional period that allowed certain existing crypto service providers to continue operating without full authorisation expired on 1 July 2026, making regulatory verification increasingly important for anyone considering using an online crypto investment or trading platform.

Six Crypto Platforms Named in the FSMA Warning

According to the Financial Services and Markets Authority (FSMA), the following companies are offering crypto-asset services in Belgium without authorisation:

• Aurum Foundation (aurum.foundation)
• Bank Bit (bank-bit.com)
• Bithf Pro (bitfpro.org)
• Dxago (dxago.com)
• Global Dynamic Trade (globaldynamictrade.org)
• ZeriaFunding (zeriafunding.com)

The regulator strongly advises consumers against accepting crypto-asset service offers from these companies.

The FSMA has also added the six entities to its list of fraudulent Crypto-Asset Service Providers.

This is an important distinction for investors researching these platforms. The warning does not merely concern the general risks associated with cryptocurrency investments. The regulator has specifically identified the named companies as operating without authorisation and included them on its fraudulent CASP list.

New European Crypto Rules Have Changed the Regulatory Landscape

The regulatory environment surrounding cryptocurrency services in Europe has undergone significant changes.

At the end of 2024, the European Union’s Markets in Crypto-Assets Regulation, commonly known as MiCA, introduced new rules governing companies offering crypto-assets and crypto-related services.

Under MiCA, a company providing crypto-asset services within the European Union must hold the appropriate authorisation as a Crypto-Asset Service Provider (CASP).

New crypto-asset service providers have been required to hold CASP status since 30 December 2024.

Existing providers were temporarily allowed to continue operating under transitional arrangements, but according to the Financial Services and Markets Authority (FSMA), that transitional period expired on 1 July 2026.

The FSMA is therefore urging consumers to verify whether a crypto company holds the required authorisation before using its services or transferring funds.

Why Investors Should Be Concerned About Unauthorised Crypto Platforms

Cryptocurrency scams can be particularly difficult for investors to identify.

Many suspicious platforms use sophisticated websites, professional investment dashboards, cryptocurrency price charts, account managers, and promises of attractive returns to create an appearance of legitimacy.

However, a convincing website does not prove that a company is authorised to provide crypto-asset services.

Investors dealing with fraudulent crypto platforms may encounter problems such as:

• Being unable to withdraw deposited funds.
• Being asked to pay additional “taxes” before withdrawals can be processed.
• Demands for verification or account activation fees.
• Requests to deposit increasingly large amounts of cryptocurrency.
• Pressure from supposed account managers.
• Sudden loss of access to investment accounts.
• Representatives who stop communicating after funds have been transferred.

Cryptocurrency transactions can also create additional challenges because transferred digital assets may move rapidly between multiple wallet addresses and exchanges.

What the FSMA Says Victims Should Do

The latest warning from the Financial Services and Markets Authority (FSMA) also provides practical advice for people who believe they may have already transferred money to a fraudulent crypto platform.

The regulator recommends immediately stopping all transactions and ending communication with the platform.

Victims should not deposit additional money or provide further personal or financial information.

The FSMA also advises victims to contact their bank immediately if payments have already been made.

Anyone added to a suspicious investment or trading group should leave the group and stop communicating with those operating it.

This advice is particularly important because investment scam victims are frequently pressured to send additional payments after their initial investment.

Fraudsters may claim that taxes, withdrawal charges, security deposits, commissions, or verification fees must be paid before supposedly releasing the victim’s money.

Sending additional funds can result in even greater financial losses.

Verify Crypto Platforms Before Sending Money

Anyone considering using a cryptocurrency platform should independently verify its regulatory status before creating an account or transferring digital assets.

Investors can check the Financial Services and Markets Authority (FSMA), European Securities and Markets Authority (ESMA), Financial Conduct Authority (FCA), International Organization of Securities Commissions (IOSCO), Swiss Financial Market Supervisory Authority (FINMA), Australian Securities and Investments Commission (ASIC), Autorité des marchés financiers (AMF Québec), British Columbia Securities Commission (BCSC), and Ontario Securities Commission (OSC).

Additional searches on Reddit, Trustpilot, and FastBull may reveal complaints, withdrawal experiences, or discussions involving unfamiliar crypto platforms.

However, online reviews should be treated as supplementary research. Official regulatory databases should remain the primary source when investigating whether a crypto company is authorised or has been named in a regulatory warning.

What to Do If You Invested With One of These Platforms

Anyone who believes they transferred money or cryptocurrency to Aurum Foundation (aurum.foundation), Bank Bit (bank-bit.com), Bithf Pro (bitfpro.org), Dxago (dxago.com), Global Dynamic Trade (globaldynamictrade.org), or ZeriaFunding (zeriafunding.com) should preserve all available evidence.

Important records may include:

• Cryptocurrency wallet addresses.
• Transaction hashes.
• Exchange transaction records.
• Bank transfer receipts.
• Emails.
• WhatsApp and Telegram conversations.
• Screenshots of account dashboards.
• Withdrawal requests.
• Names and telephone numbers used by platform representatives.
• Copies of identification documents provided to the platform.
• Website addresses and account login information.

Victims should also be cautious of unsolicited individuals or companies claiming they can guarantee the recovery of lost cryptocurrency in exchange for upfront payments.

People who have already lost money to an investment scam are frequently targeted again through recovery scams.

Related Scam Alerts

AssetVaultRecovery regularly publishes reports concerning investment platforms, fraudulent websites, clone firms, and entities named in official regulatory warnings. Readers researching crypto and online investment scams may also wish to review:

• BlockassetsBridge Ltd (blockassetsbridge.com)
• Vertex Legacy Management (vertexlegacymgmt.com)
• QASX (qasx.org)
• Capital Guard AU Pty Ltd (capitalguard.com.au)
• SwizzGreenAssets (swizzgreenassets.com)
• Gifx Partner Limited (gifxpartnersltd.com)

These related reports can help investors recognise common warning signs associated with fraudulent crypto platforms and unauthorised online investment companies.

📞 Need Assistance?

If you believe you have been affected by Aurum Foundation (aurum.foundation), Bank Bit (bank-bit.com), Bithf Pro (bitfpro.org), Dxago (dxago.com), Global Dynamic Trade (globaldynamictrade.org), ZeriaFunding (zeriafunding.com), or another fraudulent crypto investment platform:

👉 Request a case assessment

👉 Speak with our recovery specialists

👉 Receive a transaction review

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Disclaimer

This article is based on publicly available information released by financial regulators and investor protection authorities, including the Financial Services and Markets Authority (FSMA), together with publicly available educational resources. It is intended solely for educational and informational purposes and should not be interpreted as legal, financial, or investment advice.