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BTCBear

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Estonia

Founded in

10 Thg 10 2016 (9 Years)

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Get to know BTCBear

BTCBear operated as an online investment platform, presenting itself as a "Bitcoin multiplier" service. The company solicited deposits from users by promising exceptionally high and unrealistic short-term returns (e.g., 1500% after one day). This business model is characteristic of a High-Yield Investment Program (HYIP), which is widely considered to be a form of Ponzi scheme. The platform is no longer operational, and numerous public reports and user testimonies indicate that it ceased payments and absconded with investor funds.

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  • Financial InvestmentPRIMARY
  • Crypto Cryptocurrency
  • Financial Other Service

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