The German BaFin issued a warning against the FirstFXCapital crypto broker scam. The information available to the regulator justifies the assumption that unauthorized banking transactions or financial services are offered in Germany. Victims are recruited via Instagram, asked to purchase Bitcoins, and to transfer them to the scam for alleged investment purposes. They promise up to 200% profit within days. As always, the victims cannot withdraw their fake profits shown to them on the dashboard. Stay far, far away!
Key Data
| Trading name | FirstFXCapital |
| Domains | https://firstfxcapital.com https://app.firstfxcapital.com |
| Legal entity | not disclosed |
| Jurisdiction | United States |
| Contact data | Address: 2355 EAST CAMELBACK ROAD SUITE 210 PHOENIX, AZ 85016 |
| Payment options | Bitcoin (BTC) |
| Exposed BTC wallet | 12utoThLRqayax7mpgSoCZgqecMM3dT8Bv |
| Warnings | BaFin |
Short Narrative
The FirstFXCapital scam offers victims various investment plans, promising up to 200% profit within a few days. We have found a Bitcoin (BTC) wallet to which victims have deposited around 0.42 BTC. There will be several of these wallets.
FirstFXCapital, like most other broker scams, works with a referral system to get victims to acquire other victims.
Do not fall for this crypto investment scam and do not refer your friends and family to them.
Share Information
If you have any information about FirstFXCapital, its operators, and affiliates, please share it with us through our whistleblower system, Whistle42.
