Germany’s BaFin issued a securities fraud warning against HelloBit on January 20, 2026, citing its domain hellobit.org for offering cryptocurrency and financial services without authorization. The platform, registered privately on November 12, 2025, promotes a “click a button” app promising ROI through bogus trading signals, a hallmark of Ponzi schemes. BaFin emphasized that HelloBit’s operators are unknown and lack the required licensing, violating German financial law.
HelloBit, run by Chinese scammers, lures users with an app where investors click fake trading signals to “qualify” for returns. This MLM-style Ponzi relies on new deposits to pay earlier investors, with no legitimate revenue source. Similar to collapsed schemes like Forsage ($340M losses) and GSPartners ($1B+ alleged), HelloBit targets vulnerable users with promises of easy profits. X posts from @CryptoScamAlert warn of its Armenian traffic dominance (97%), signaling targeted recruitment.
In addition to BaFin, Spain and New Zealand issued HelloBit fraud warnings, reflecting coordinated regulatory action. As of December 2025, SimilarWeb tracked ~4,700 monthly visits, primarily from Armenia (97%) and the U.S. (3%), indicating a shift from broader markets. This low traffic suggests HelloBit struggles post-warnings, mirroring Cryptex’s decline after BaFin alerts. The platform’s private registration and anonymous operators raise money laundering concerns.
HelloBit’s case underscores risks in unregulated crypto apps, with BaFin’s warning protecting consumers from Ponzi losses. Investors should verify platforms via bafin.de or sec.gov and avoid “click to earn” schemes promising guaranteed returns. Bitcoin (BTC) ($113,234) and Ethereum (ETH) ($4,070) remain unaffected, according to CoinMarketCap, but Ponzi exposure erodes trust. Diversify into USDC or regulated assets, with stop-losses below BTC’s $112,000, on TradingView. Follow @TheBlock__ on X for scam alerts. HelloBit’s collapse could deter similar schemes, but vigilance is essential in 2026’s crypto landscape.
