Bitclub Network is a platform that claimed to deal with investment and exchange of cryptocurrencies especially Bitcoins, with rewarding profits. It was a private group of business people, programmers, technology experts, entrepreneurs, and network marketers.
Is Bitclub Network Registered?
Bitclub Network’s website was launched in 2014 and was hosted out of the Netherlands. However, the founding team comprising of Matthew Brent Goettsche, Jobadiah Sinclair Weeks, and Abel could not get Bitclub Network registered with the US Securities and Exchange Commission.
Is It Safe To Invest With Bitclub Network?
Unfortunately, despite the huge claims of skyrocketing profits promised and a huge amount of money being pooled into its schemes, it was discovered that Bitclub Network was a scam. The US Department of Justice charged its founding team to commit a fraud of USD 720 million and trading in unregistered securities. Thus, it is evident because of such bitclub reviews, any further attempts to invest in any of its associates might land your money in jeopardy.
What To Do If You Have Lost Your Money To Bitclub Network?
Bitclub Network reviews are highly negative. If under any circumstances you have lost your money to it, the funds recovery companies recommend by us can help you recover your money. Moreover, we also provide guidance on how to spot malicious traders and avoid getting trapped in their scams.